... and ends tonight. This is quite incredible. A one-game playoff between the New York Yankees and the Boston Red Sox. Win or go home. Well, only true for NYY ... the game is being played in Boston.
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Printing Money
Literally. The debt limit? Janet Yellen can raise the debt limit on her own --apparently she doesn't need permission. As US Secretary of the Treasury she can apparently authorize her department to print a "one-trillion-dollar" coin and deposit it with the Federal Reserve. Link here.
A White House spokesperson has ruled this out. My hunch: the White House will launch its own cryptocurrency, and call it, not Bitcoin, but Bidencoin.
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WTI: To Infinity And Beyond
Per bbl:
- today: $80
- through the next six months: $90 trading range
- end of 2022: $180
Killing the Keystone XL could come back to haunt Resident Biden.
If OPEC+ is near their capacity short term, and WTI moves toward $100 / bbl, it's unlikely US shale operators would hold back.
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