Tuesday, October 1, 2019

Current Events, Part 2 -- October 1, 2019

Ford: will release 3Q19 sales data early tomorrow morning, apparently just before the market opens. 

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, travel, career, or relationship decisions based on what you read here or think you may have read here.   

Note: the following includes opinions interspersed with facts. It may be hard to tell which is which.

US soybeans: China buys one million tons of US soy after tariff waivers -- Bloomberg, reported today. Data points:
  • CHINA gave the waivers -- hugely interesting!! Just as the president predicted -- China needs food more than we need their plastic toys
  • 12 - 15 cargoes, or as much as one million tons
  • but it appears that China gave waivers for another two million tons in purchases
  • which is on top of the two million to three million in waivers awarded last week
  • remember: the "spin" last month was that the soybean shortfall China was experiencing could be met by other western countries; so much for that "spin" (fake news)
Trump rally -- next one just announced!
  • previously announced, the rally in Ill-Hand Omar's backyard, somewhere in Minnesota, October 10, 2019
  • next one after that, in Jerry Jones' backyard, somewhere in Dallas -- ah, here it is -- American Airlines Center -- Dallas, TX -- October 17, 2019 
  • the GOP is raking in millions of dollars off the impeachment inquiry
Politics: 2020 election --
  • Romney vs Pocahontas or Romney vs Hillary
Light vs heavy (remember: Bakken, Eagle Ford, and Permian -- light, sweet oils):

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