2025 healthcare expenses: $31,300 annual premium (50% split with employer…which is me) $5,500 on broken arm paid out of pocket Another $5,000 before reach family out of pocket max. A total spend of $36,000+/- without insurance forking out one penny. Family of 6.

The next (how brief?) dip *below* $3 for the national average could take place this coming weekend as millions take to the road for Thanksgiving- with oil prices down and refineries ramping up, I think it's doable!

Middle distillate markets continue to cool off at a brisk pace from their recent surge. (Crack spreads vs Brent: white NYMEX diesel, blue ICE gasoil)

JSN just surpassed Jerry Rice.

One off-cycle election and everyone sobers up real quick.

Bills, I am begging you, don’t score with anything more than 12 seconds left on the clock.

Much of the US economy rests on AI’s future. On this episode of “The Big Interview” podcast, “Odd Lots” cohost Joe Weisenthal breaks down why AI’s impact on finance goes beyond billion-dollar investments. www.wired.com/story/the-bi...

What is a bitcoin, anyway?

Lumber futures: Fresh lows in the Jan contract after the November expired last week.

NFL Offenses peaked at the tush push.

Texas A&M!!!!

Maybe it’s a boomer take, but the fact kids having a whole trendy name for a mental breakdown makes you think there’s more mental breakdowns happening around them than generations past.

Trump also acted weird when asked about Sean Combs

Hole builders ran at record gross profits in the face of record inflation. They raised prices above and beyond inflation.

Lumber update

Long exposure. No exposure. Aurora Borealis Loveland, CO

At the 10 minute mark you hear @conorsen make a great analogy to employees hanging on to entry level jobs longer than normal. It was a pretty clever analogy! open.spotify.com/episode/4OCi...

ChatGPT is actually a very good accountant.

Democrat leadership giving credence to the nick name “Dem-super-bad-at-winning-negotiations-ocrats”

Any have a liter of cola?

Lumber futures cratering in the face of …50% taxes in Canadian lumber is a problem.

$BLDR (supplier to the residential industry) earnings: Core organic net sales declined 10.6%. Multi-Family declined 20.2%, Single Family declined 12.1%, and Repair and Remodel declined 1.2%. On a weighted basis, Single Family lowered net sales by 8.2%, Multi-Family by 2.2%, and R&R by 0.2%.

I only watched the last 10 minutes of the game, but the Giants success was pure slop. Accidentally moved the ball down the field.

Giants QB misses two game winning throws: a cover 0 slot fade, then a deep post. He threw the ball so flat his WR had no chance. You need a Russell Wilson moon ball on those. Meanwhile Nix throws the ball up on the slot fade for Mimms to come back to the ball for huge catch. Bad QB play

Giants ruined my day. I was already texting my Colorado in-laws how irrelevant the broncos are. Then I back tracked a bit. Then I doubled down. Then I threw my phone in a river.

As it happens, this is almost exactly the same as Nintendo’s annual revenue. Which seems like the right comparison- a successful producer of electronic toys. on.ft.com/4nMkP0B

So lumber tariffs go into effect today. Market jumped a month ago when they were announced. I’ve largely been unimpressed by the price jump and think we trade back to pre-tariff announcement in a few weeks.

when UNC scored on the first possession of the first game and Colin Cowherd immediately posted this, and then UNC lost by 34

The data center angst feels like a leading indicator of a broader economic development question about if the public will ever support high-value industrial activity that: -uses a lot of power -doesn’t create many jobs Because that seems like the future of manufacturing.

Kirby Dumb, more like

Son almost had his first TD.

BSky algo is so much better

Lumber still no bottom

Dabo would rather destroy the football program he built over 15 years than adjust to the new normal of NIL & Transfer Portal.

How in the world is GT not ranked !?!?

The housing market was in stagflation in early 2022, it’s in mild deflation now.

Lumber futures dynamics have flipped. A look behind the curtain:

This is a wild chart

The issue is markets were comfortable with a view that Fed Funds terminal rate had a floor of around 3% and job growth might be slowing but would probably be steady in the 50-100k/month range, and now both of those assumptions no longer hold. There's not yet an "anchor" of what to trust.

Jesus Christ

Holy shit it’s @downtownjoshbrown.bsky.social

Lumber knew??

Lumber. I’m a bit shocked

Woooof:

Shohei Ohtani the pitcher has touched 101.1 mph and thrown five pitches at or higher than 100 mph today. Shohei Ohtani the hitter crushed this ball 109.5 mph off the bat and a whopping 440 feet to center field. The Dodgers superstar is truly unbelievable.

Update: