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Thursday, July 11, 2019

Notes From All Over -- Part 1, July 11, 2019

Timely: in today's morning note,
Which reminds me? Whatever happened to the NYC natural gas pipeline expansion project nixed by governors Andrew Cuomo (NY) and Phil Murphy (NJ)? Glad you asked. From The New York Post, overnight:
Shortages of gas for heating have hit the nation’s most important city: New York.
Following moves by Govs. Andrew Cuomo and New Jersey’s Phil Murphy to nix a pipeline that could deliver vital gas supplies to the city and Long Island, National Grid can no longer offer new gas hook-ups or additional service for current customers.
“If you’re looking to expand your natural gas service in Brooklyn, Queens or Long Island, we will not be able to meet your request,” unless both states reverse their decisions and OK the pipeline, the utility warns. Con Ed may have to turn away customers, too.
So nothing new. But arguing for natural gas pipelines for heating in the middle of summer seems like a stupid argument. The New York Post could have done better. 

Jobless claims, link here:
  • prior: 221K
  • prior revised: 222K
  • forecast: 220K
  • actual: 209K
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or what you think you may have read here.

US market: a day of record highs? Based on futures, S&P will open above 3,000. Most likely, oil sector doing all the heavy lifting right now due to price of oil hitting $60 (tropical storm along Gulf coast).

British Navy: doesn't fool around. Good for them. Prevented Iranian "navy" from pushing British oil tanker into Iranian territorial waters.

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The Movie Page

Last night on TCM: Queen Christina. The story of the Swedish queen during the 30 Years War, early to mid-1630s. First movie appearance by Greta Garbo.  Garbo: Swedish-born; 28 when she starred as Queen Christina, the same age as the queen; fifth on the AFI list of greatest female stars of classic Hollywood cinema. The child actress playing the queen at age six was Cora Sue Collins, still alive and kicking, age 92. Interestingly, the latter also teamed with Greto Garbo in Anna Karenina.

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