Friday, May 26, 2023

A Friday Wrap -- Nothing On The Bakken -- May 26, 2023

Locator: 44766ARCH. 
Locator:
44766BRK.

LOCAL NOTES

Pork: a reader sent me a note about pork and pork prices earlier this afternoon. We have three grocers within biking distance: Walmart, Albertson's, and Target. I just checked out two out of tree. I will check out Albertson's later.

  • Pork:
    • Target: $5.50 to $6.50 / lb depending on cut, bone-in/bone-out
    • Walmart: a much, much, much bigger selection. About $4.50 to $5.50 / lb, but some cuts with a "3-handle and some cuts with a "6-handle
  • The same of pre-wrapped head of iceberg lettuce:
    • Target: $1.98
    • Walmart: $1.88
  • LGBQT:
    • I didn't look at Target.
    • Walmart: right up front, a huge display; here in Texas  
      • speaks volumes about "low-information" customers
    • how does Walmart avoid all these controversies? LOL.

Total Wine and More:

  • best place to shop in local area for gourmet cheeses; limited, limited selection but priced right
  • I didn't notice any specials on Bud Lite

NATIONAL NEWS

F + TSLA: brilliant. Link here. Tesla agrees to grant Ford vehicles to Tesla superchargers across the US -- cites President Biden's IRA for making it happen. One step closer to a "universal" EV charging system across the US. Huge deal. But it will require deep pockets for EV manufacturers to come up with deal to partner with Elon Musk.

EVs start-up: dead. Rivian. Nikola. Fed rate increases will kill start-ups. Nikola faces de-listing.

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BRK

TSM, SNOW, Precision CastParts, PARA: Warren.

Paramount cuts dividend.


RH. Link here.


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Other News

EPA: finally we have a Supreme Court with (some) common sense.

Debt ceiling: if a deal is not announced by Monday morning, it tells me that the "x-date" has been moved well to the right, suggesting both sides look to opportunity to advance their own agenda. Perhaps a re-do in August, or September. In other words, politics as usual. 

SWKS:

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