Reminder: y'all with a joint income less than $150,000 and at least one child: a $600 check / child each month through the end of the year, six months. At a minimum: $3,600 for the last half of the year. If y'all three children, $1,800 / month. And with six kids, yes, it's a lottery -- $3,600/month. What a great country.
Iran: quality of its key crude grades, link here:
The exodus: only one US city saw a bigger pandemic exodus than San Francisco. San Jose, across the bay. Link here.
While Seattle was the fastest-growing city in 2020, San Francisco’s population shrank by 1.39% between July of 2019, and 2020, U.S. Census data shows. Before that, San Francisco’s population had been growing modestly since 2010. Baltimore, meanwhile, declined by 1.42%.
Meanwhile, back in Baltimore:
- back in March, 2020: Baltimore population dropped below 600,000, the lowest total in a century; but it was bad even before the pandemic;
- back in April, 2019, a year earlier and before the pandemic: Baltimore notes the biggest population loss in a single year since 2001;
- it took awhile for folks to finally get the message, money, and move; it was several years earlier, April, 2015, when the Baltimore mayor famously said, "Give those who want to destroy space to do that."
On the way to zero:
- US 30-year yield falls to 2.002%; lowest since February, 2021;
- and just yesterday everyone was worried about hyperinflation;
- this story has not yet played out
- it seems about a week ago, the split was 80 - 20, steep inflation vs stagflation, on business talk show and in print media;
- now, the shift seems to have become 20 - 80.
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Now Tesla
Quips:
- from social media: fantasy, Elon will sell twenty million cars a year; reality, Elon can't sell a single plant's worth of cars domestically in China, there's no need to talk of a second plant there, and he is already forced to export excess production to the EU, where he has 6% "BEV" market share.
- BEV is dead -- look at the graphic carefully;
it was reported earlier that US EV owners, to the tune of 20% or more, would not buy another EV, even to replace their first one;
