Fitz macro

"Debt is the slavery of the free." Publilius Syrus (bbg quote today). Apparently leverage wasn't a thing back in the day "Fortunes are created by leverage."— Naval Ravikant

@Men_Of_Purpose 'Millionaire' who has a terrible network, few great memories and little fun

millionaire explains why most people never get rich

Czech arms group tests Berlin and Paris with offer for stake in tank maker KNDS - ft.com/content/53c7d6… via @FT

Intertek set to agree £10.6bn takeover by private equity group EQT - ft.com/content/eed61c… via @FT

@jamesmurray_ldn I just heard your interview on radio 4. As someone who’s spent nearly 20years in the oil industry you’re grossly misinformed about how long new oil fields take to be productive. Tie-backs are not a solution as the yields from those fields are low and inconsistent

Chinese demand spurs US ethane exports to record high - ft.com/content/93e173… via @FT

China’s fuel exports fail to rebound after Beijing signals easing of ban - ft.com/content/cc08b3… via @FT

US-China relations depend on Taiwan, Xi Jinping warns Donald Trump - ft.com/content/0547a4… via @FT

Citadel tells key researchers to relocate from Hong Kong or quit - ft.com/content/70ab17… via @FT

Why scrapping quarterly earnings is a bad idea - ft.com/content/8a42a6… via @FT Perhaps there should be an honesty premium/dishonest discount for those not willing to share information.

Trump cuts to grocery subsidies bite US food companies - ft.com/content/df832d… via @FT

US sells 30-year bonds at 5% yield for first time since 2007 - ft.com/content/112339… via @FT

Senate confirms Kevin Warsh to succeed Jay Powell as Fed chair - ft.com/content/2f1a94… via @FT

Thai Bourse to Ease Short-Selling, HFT Curbs to Boost Trading

Group linked to Trump sons asks US for extra $400mn for tungsten mine via @FT Farce ft.com/content/80b47f…

Will Chinese companies still move to Singapore after Manus crackdown? via @FT ft.com/content/8774ab…

China’s big tech groups miss out on AI stock market frenzy via @FT ft.com/content/cba72e…

Donald Trump’s plan to discuss Taiwan arms sales with Xi Jinping rattles Asian allies via @FT 🤔 he’s definitely good at making the unsaid, said. Less good on subtlety. ft.com/content/156bf4…

I hope you all caught the STEO today. Obviously, I'm oil centric but I thought the energy demand forecast is interesting Demand is growing for electricity as a function of a EVs and processing power, but it doesn't look obnoxious ...