Things Have Changed -- July 20, 2022

Things have changed:

• coal is the new "security fuel";
• auto manufacturers are in deep doo-doo; they just don't know it yet;
• $100-oil for the long haul;
• oil super-cycle is just beginning;
  
• Bitcoin? Last "coin" standing?
  
• "Only Murders In The Building": "Twin Peaks" for the 2020s but so much better;
  
• next Fed rate increase: one and done
• OPEC+: spare capacity is a myth;
• Russia: no technology infrastructure to re-build military hardware lost in Ukraine;
• Russia: no technology to replace western technology needed for oil patch;
  
• call it a recession; but it ain't;
• 5%: the new "easy money";
• M2; 
• psychedelic microdosing is the new speed; 
• canned tuna is the new protein;
  
• ERCOT reliability;
• at best, a Pyrrhic victory for Putin;
  
• USC football: national champs favorite;
• Biden will still beat any GOP rival in 2024;
  
• I used to care but things have changed.

I Ain't Go No, I Got Life --