Revisiting this from June, 2020, with a few revisions. More than 50 years ago, Canadian media scholar Marshall McLuhan observed that we shape the tools to communicate and those tools in turn shape us. With computers a nascent technology at the time of his thesis, McLuhan had the foresight to see that binary code would … More The Fear Index
Wars resolve the question of who’s in charge. Winston Churchill said once that “people talked a lot of nonsense when they said nothing was ever settled by war. Nothing in history was ever settled except by wars.” That should give us an indication of how to assess the waning influence of the United States on … More The Death of Kennan
-EIA’s estimate on crude oil inventories way overshoots its peers -US-Iran detente becomes more complicated The rally in crude oil prices continued unabated in Wednesday, supported by a sizeable drain in commercial crude oil inventories in the United States. Gasoline levels showed a considerable build, though most analysts brushed that off to seasonality. Inter-market and … More The Daily Dose; These inventory estimates are all over the place
