Olive Oil -- Inflation Due To Climate Change; Excess Olive Oil Drives Prices Down -- April 9, 2024

Locator: 46962INFLATION.

This is pretty funny but very, very typical.

Late last year we were told over and over how inflation was driving the price of oil higher and higher.

Now, today, .... well, take a look:

Link here. 

I wonder if folks will talk about the "deflation" in the price of olive oil. Probably not. Won't fit their narrative.

Cooking oil, the bar: 8 cents / ounce:

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FDIC Rules Change For Trusts

Link here.

$250,000 per depositor per bank.

Exception: trust -- $1.5 million per trust per bank (if this concerns you, go to the source, this needs to be fact-checked at the source):

• five beneficiaries of a $1.5 million trust
• $250,000 per beneficiary per bank

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Bat Cave

Holy mackerel.

If you don't have a man-cave or a she-shed, I suppose, you are really missing out.

From a male's perspective, one absolutely needs a man's cave. I don't know about women, but I assume the same. My man cave is a "Bat Cave" -- I have the sign -- and visitors are by invite only except for Sophia -- open invitation. 

It's incredible.

Catching up on my reading when in the background -- what popped up on the Amazon Firestick? Uninterrupted -- commercial free -- episodes of WKRP In Cincinnati. I've tried for years to find the series and now I've found it.Wow. Jan Smithers (Bailey Quarters)  and Lonnie Anderson. Good Morning, 1987; WKRP, premiered 978. Check out season 2, episode 14. 

I don't know if WKRP was the best sitcom ever but if not, it's in the top two. LOL. I find myself laughing out loud. A "Mary Tyler Moore" production.

Meanwhile, I'm reading the new "biography" of Lord Byron.

George: Maker's Mark.

Me? Islay Scotch whisky single malt Scarbarus. 

I see, "breaking news," the parents of their "shooter son" get 10 to 15 years. 

Intel is marketing a 5 nm chip. Meanwhile, Apple already has a 3 nm chip in their new computers and are working on a 1.4 and a 1.3 nm chip with TSM.

Intel in the news, up 0.02%, up $0.007 -- okay. That moved the needle. LOL.

I don't "own" Intel, never will. But SCCO -- I have been accumulating SCCO for years -- today, SCCO is up 3.2% on a down day for the market. Whoo-hoo.

I get a kick out of what folks on CNBC mention. LOL.

And pays almost 3% -- and well beyond 3% for early investors. LOL.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.