Takeshi Ebisawa

it’s a crowd favorite for good reason

HOUTHIS and IRAN WILL BEGIN TO BLOCK BAB Al-Mandad Starting Tomorrow !!

California is considering building a brand new city an hour away from San Francisco that will be called ‘California Forever’ 22,000 acres of farmland will be eliminated for this new “walkable city” that could house 400,000 people The total amount of farmland could be as much as 55,000 acres eliminated to become the city “The group hopes to build a new city the size of Oakland, complete with thousands of affordable homes, the nation's largest manufacturing park and a shipyard — California Forever Group CEO says he's encouraged by the new numbers and is determined to make his vision a reality. He hopes to break ground in 2028” A new walkable city…. The conspiracy theorists were right again…

US TREASURY REPORTS NO SYSTEMIC RISK IN PRIVATE CREDIT.

HSBC CEO “The highest I’ve seen, and I’m hoping we don’t see more of that, but the highest I’ve seen is $286 for a barrel of oil that reached Sri Lanka” That’s a delivered barrel so includes shipping, insurance, etc. But it’s still an eye-watering price to pay. FT full quote:

BREAKING: Large fire at Viva Energy's Corio refinery in Geelong, Victoria Australia. Substantial flames visible, multiple fire trucks on scene. The refinery processes ~120,000 barrels/day — over 10% of Australia's daily fuel supply. Fire not yet under control.

So, a couple of the boys have been texting me: “Why the hell would Trump drop the Hormuz blockade bomb on a Sunday? It’ll send oil screaming past $120, maybe $130 if the algos really panic. Makes zero sense if you actually want cheaper barrels.” But it makes perfect sense. Beautiful, even. See, Tokyo and Hong Kong are already humming by the time the East Coast is still nursing its coffee. Those futures pits—Dow, S&P, the whole equity complex, plus Brent and WTI on the screens—never really sleep. You’ve got fourteen, fifteen hours of runway before the New York bell. Plenty of time for the right hands to lean in: long the indices in Hong Kong, short the crude in Tokyo, riding the fear wave as the blockade tweet lights up every terminal from Singapore to Sydney. Then, right on cue, before the U.S. opens, comes the pivot. Something about “there’s regime change in Tehran,” “we can do business,” “Talks were Good,” the usual art-of-the-deal baloney. Markets whip around like they’ve been Tasered. Oil gives back the spike, stocks rip higher. The boys in Asia unwind clean, pocket the spread. A few hundred million, maybe more, conjured out of thin air on the back of one perfectly timed Sunday morning post. Not bad for a morning’s work. The Street’s been running these kinds of games for decades: information, timing, leverage. Just never quite so… presidential!!