Recent moves in oil market has removed The Street's financing for the Contango Trade. {Buy spot market crude, store it for two years in idled crude carrier, deliver to higher priced, pre-sold futures contract two years out. Used to be able to pocket ~12-13%/yr. Sold as a reliable return product on The Street for last 12-15 yrs. Works only when Crude, well Brent more specifically, trades steadily above ~$50/bbl.
David Stewart is the financefag to watch with the Legg Mason/Templeton/Hermes/ETrade transactions.
There is No "cult" in this, because it's Continent based, not US-centric. ESG directives and such.
CSX has been in and out of Congressional control through BK, so many times I've lost track.
Consistently relies on Congressional bailouts every 4 to 8 yrs.
East India before Railroads. No cult just continual scammers, which would be different. Why ascribe to religion that which can be just familial greed? Self-limiting and non-gaussian distribution.
https://www.youtube.com/watch?v=ilEolWazM6o
https://ufile.io/f/fheui
Kennedy Save Merkel
Always been Ways & Means Chair and Tranny Sec.
You're missing the dodge.
FRB and Chair, run out of DC, uses the NYFed as its actor/transmitter of policy. NYFed transmits policy via Primary Dealers (Financial Significant Institutions, aka TBTFs). NYFed Prez is selected by NYFed board, which is comprised SOLELY of Financially Significant Institutions on the Primary Dealer list. THAT's the cut out part of the Fed where it gets "diverted" for self-serving purposes, not in DC. Always one step removed from the focus, just waiting for Toto to come along and pull harder on the curtain….
Canals, rivers, rail, to Last Mile, all optimized for just-in-time inventory management and you're looking at top down for micromanagement of transshipment? Been studying delivery process for arbitrage for thirty years. COSCO would be a more likely candidate for what you're chasing. (China Overseas Shipping COmpany). Big customer that nobody questions, until now.
Reversed.
Michael Coudrey
@MichaelCoudrey
BREAKING: French government reverses earlier ban on hydroxychloroquine for treating COVID19 patients in light of successful clinical studies showing significant efficacy against the virus.
Hydroxychloroquine may now be prescribed to treat COVID-19 in France.
https://twitter.com/MichaelCoudrey/status/1243779158737440768