Updates
Later, 12:46 p.m. CT: link here. Nice thesis but the graph does not support the thesis --
Original Post
Pilot shortage:- during Covid, commercial passenger air traffic tumbled; pilots furloughed
- meanwhile, commercial cargo air traffic surged; hunch: pilots scarfed up by FedEx, Amazon, UPS
- link here for Amazon Air update
Investment banks:
EU: now in full scale gas crisis to get through winter
- Jefferies one of the first to report
- just reported: not good news
- revenue dropped 30% y/y
- earnings: 45 cents vs 51 cents forecast
- shares drop 4% after-hours
- link here;
EVs: speaking of a bad day, how did EVs do yesterday
- TSLA: ended flat but overall a bad day; jumped to $750 at open; closed at $735
- RIVN: down 4% for the day; jumped to $29.50 at open; closed at $28.44
- GOEV: down 4.% for the day; jumped to $2.25 at open; closed at $2.13
- RIDE: down 4.8% for the day; $1.90 at the open; closed at $1.79
- NKLA: down 4% for the day; $5.60 at the open; closed at $5.39
- ELMS: not trading; filed for bankruptcy
- mandates 80% storage levels by November for all member states
- expect curtailment for power generation to protect households
- link here;
Spare capacity: doesn't exist
- this story all over twitter yesterday;
- now it's a Reuters story
- begs the question: what is Biden's purpose going to Mideast
- Russia making huge inroads -- especially in Iraq
- but back to the linked story -- Macron tells Biden
- it's a bizarre "set-up"
- it's like a little kid running up to a bigger kid to tell him something he just heard
- some suggest it was "posed" -- disagree;
- but certainly these heads of state must have already known about OPEC spare capacity
Tired of winning:
- I don't read PowerLine much any more but a reader sent this link;
- it's a must-read
- trend:
- strict reading of constitutional law;
- not making up "new" law
- most amazing: these are 6 -3 rulings
- really scary: these are 6 - 3 rulings
- rulings mentioned in the linked story should be unanimous
Corporations paying for reproductive services following SCOTUS decision, from a reader:
- cynical: three-day travel / procedure is much, much cheaper for the company than months of maternity leave
- privacy: companies can't confirm purpose of travel; allows for abuse; I'm not concerned
- this will be taxable income; again, won't amount to much
- a bigger story: huge amount of donor money to Planned Parenthood to get into Travel Business
Johnny Depp:
- $301 million to play Captain Jack again for Disney?
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