Ridgewood Capital

Semis most overbought ever

🚨 THIS IS INSANE. Commerce Secretary Howard Lutnick's sons could be making 3 to 5x returns on every dollar they spent buying tariff refund rights. Cantor Fitzgerald, now run by Lutnick's sons Brandon and Kyle, was buying tariff refund claims from companies at 20 to 30 cents on the dollar. The firm told clients it had "capacity to trade up to several hundred million" in these claims. They confirmed at least one $10 million trade was already executed as of July 2025. They said they expected that number to "balloon in the coming weeks." That was 9 months ago. Today those claims are worth 100 cents on the dollar. The refund portal is live, $166 billion in refunds are being processed. If Cantor bought $100 million in refund rights at 25 cents on the dollar, they spent $25 million. They now collect $100 million from the government. That is a $75 million profit. A 300% return. If they scaled to "several hundred million" as they told clients they could, the profits run into the hundreds of millions. Howard Lutnick was the architect of the tariff policy. He pushed Trump to impose them. He fought against officials who wanted to limit them. Then he left Cantor Fitzgerald to his sons and transferred his equity into a trust benefiting them. Tax free under government ethics rules. He received $360 million from the buyout. His sons positioned the firm to profit from the exact policy their father built. Their father publicly championed tariffs he knew could be struck down while his sons were buying refund claims betting they would be.

sweet baby jesus

🚨 HAPAG-LLOYD ON REOPENING OF STRAIT OF HORMUZ:FOR TIME BEING, WE WILL REFRAIN FROM PASSING THROUGH STRAIT

The White House says that 103 empty tankers are heading to US ports to load oil, according to CBS New report.

Saudi pipeline throughput down 700,000BBl/d and productive capacity down by 600,000Bbl/d due to aggressive recent attacks which will take time to repair. This is sadly not over yet, and the market is far too complacent about the long-term consequences to the global energy market.

All must know that, by Almighty God’s will, we definitely won’t allow the criminal aggressors who attacked our country to go unpunished.

۰۴:۳۶/ ۱۹ فروردین طی آتش بس دو‌هفته ای تنها حدود ۱۰ تا ۱۵ کشتی با موافقت ایران، در هماهنگی با نیروی دریایی سپاه و پس از پرداخت عوارض از تنگه هرمز رد خواهند شد و امریکا متعهد است تمام اموال بلوکه شده ایران را آزاد کند. تنگه هرمز به هیچ وجه حتی پس از توافق نهایی به شکل سابق، ‘باز’ نخواهد شد. در این مدت مذاکرات بر اساس طرح ۱۰ ماده ای ایران که در متن بیانیه شورای عالی امنیت ملی به جزئیات آن اشاره شده، برگزار خواهد شد. در صورت عدم توافق، جنگ مجددا از سر گرفته می شود.

Iran says safe passage via Hormuz is “possible” for two weeks 🚨 … but must be via coordination with Iran's Armed Forces and with due consideration of technical limitations (So far, no loaded LNG tanker has gone through Hormuz in over a month. Let’s see if that changes)