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Saturday, August 26, 2023

Saturday Morning -- August 26, 2023

Locator: 45476B. 

DFW: a record yesterday -- 110°F. "Normal": 94°F. The grid came close to maxing out last evening, but "we held." 

EVs: I'm not going to get into it this morning, but there's no way California goes all electric by 2035.

Fed is "done": that was my takeaway after the speech, though I waffled a bit suggesting we could see one last rate hike in September. Link here to The WSJ. But, now, the pros are suggesting that if there is one rate hike, it won't be in September.


Crypto, perhaps not so "crypto"?

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