Macronomics 🇦🇲🇫🇷

Facts: - Firms with less than 20 employees make up 90% of all companies in the US - Small and medium-sized firms employ half of all workers in the US - Small and medium-sized firms generate half of all revenue in corporate America - Small firms create around 3mn jobs every year

You can't make this up Someone literally bought MILLIONS worth of $QQQ calls that expire this week just 1 hour before Iran announced they are "ready to end the war with the US"

@maneco1964 @LukeGromen @seaniechaos Financial repression 101

@LukeGromen @seaniechaos Gold and silver sniffing yield curve control and QE too.

"Foreign central bank holdings of USTs at NY Fed fall to lowest level since 2012 in wake of Iran war" Via @seaniechaos

US LIFTS SANCTIONS ON SOME RUSSIAN-FLAGGED CONTAINER SHIPS

Since January, China has cut LNG imports by 125 Mcm/d. Frame this drop against the loss of 285 Mcm/d of Qatari LNG production. China has erased 44% of the Qatari cut. Could they go lower? Depends on the economy and a thirst for some lucrative #LNG arbitrage. @ColumbiaUEnergy

Indonesia announces fuel rationing, orders government employees to work from home one day a week #MacroEdge

Brent crude on course for largest monthly price rise on record ft.trib.al/rA4lrjI

Mativ priced at 95 cents. Only 2 US lev loans have priced at deeper discounts this year.

🇮🇩Indonesia will raise the blending rate for palm-based biodiesel to 50% (B50) from the current B40 on July 1, despite having scrapped this plan two months ago due to supply concerns. But war risks are now at the forefront. Indonesia is the world's leading exporter of palm oil.

Mother of god

Panic is setting in because so many are selling overseas

With diesel prices skyrocketing, inflation will follow. All goods transported by truck or train will be affected. My diesel truck has been parked for weeks. gasprices.aaa.com

TECH 5 years CDS. It is not only "Oracle" widening. 3 years chart. - Graph source Datagrapple.com

✈️ Drewry reports a 95% MoM surge in airfreight rates in March, mostly a result of a surge in fuel costs. Drewry suggested that "rates could exceed the 2020 pandemic record of $9.40 if fuel surcharges continue to rise."

LNG DEMAND DESTRUCTION ALERT 🇻🇳🚨 A proposed Vietnam LNG power project is asking the government to switch to a renewables+battery plant, citing surging fuel prices linked to the Middle East conflict Vietnam was expected to be a high-growth LNG importer bloomberg.com/news/articles/…

MAERSK INTRODUCES A TEMPORARY EMERGENCY BUNKER SURCHARGE DUE TO FUEL ISSUES, COSTS, AND MIX, WHICH ARE NOT INCLUDED IN THE FOSSIL FUEL FEE.

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US Chicago PMI Actual 52.8 (Forecast 55, Previous 57.7)

United Airlines 5 years CDS vs Delta Airlines vs American Airlines - 3 years chart - Graph source Datagrapple.com

Delta Airlines 5 years CDS vs American Airlines 5 years CDS - 3 years chart. Graph source Datagrapple.com