Biggest Rivalry In Baseball -- Wild Card Series Starts Tonight .... October 5, 2021

... 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

That's what some are saying.

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.