If Colorado's snowpack were a sports team, they'd be the 2025 Colorado Rockies. This is big yikes. #COwx

Strange situation where we await a statement from Iran to check whether there's any truth to what US president is saying.

We really Russia'd this whole Iran war thing.

The silver lining of a prolonged Strait of Hormuz closure is it’d probably be the biggest catalyst for decarbonization ever. Feels like this could be the last time we have this particular risk.

Going to be funny when US gets regime change first.

6.41% mortgage rates... up 0.42ppt from the low just a couple weeks ago

It's a lot easier to explain now:

Lumber is up 10-15% based on frieght costs alone.

Sorry about setting off a global energy crisis guys here’s a fresh tariff. 🤡

Margin Call

I never thought I'd actually see the White House try to speed-run that thought experiment live, and very obviously without any anticipation of the oil market consequences or a plan on how to address what are already becoming existential threats to the global economy.

“On Feb. 18, as President Trump weighed whether to launch military attacks on Iran, Chris Wright, the energy secretary, told an interviewer he was not concerned that the looming war might disrupt oil supplies in the Middle East and wreak havoc in energy markets.” www.nytimes.com/2026/03/10/u...

Who benefits from all this ineptitude?

What is happening in oil futures is hard to explain. All you have to do is look at those live tanker maps for Hormuz to know the fundamental situation. Every few days we get 100s of tankers behind demand. And futures are down 33% from Sunday night.

(Stolen from friend)

We should threatened them with tariffs.

The Brent crude prompt timespread is currently over *$9/bbl*, a new all-time record. Timespreads measure the steepness of the crude futures curve, which at the front (prompt) reflects how tight—loose if neg—the spot market is. The oil market has literally never been this tight.

Investors are more worried about missing the next TACO/CARES Act than getting caught in the next Lehman.

@peark.es big if true? My brother says this:

Trump deciding to ban US oil and/or refined product exports would be a very bad idea, and I don't think he'll do it. But China announcing that it's doing just that certainly up the odds.

Gasoline futures now up 90c/gallon YTD, if that all flows through to retail and prices stay here it’s a $120 billion/year drag for US consumers:

‘rico wins

A Kalshi bettor somewhere gets wings

When Hillary Clinton was accused benefitting from a rigged primary vs Bernie, I viewed that as someone who understood the rules and was a deft politician that knew how to win. Attributes you’d want in a president.

So far so good

I heard he partially deflates the infants to make them easier to grip.

Football hold is the safest way to hold a baby. I often challenge people to try and strip the baby out of my arm. They never can do it. Three points of contact. High and tight. Safest baby on the planet.

I feel like lumber futures going to get pricemogged this week. Going to shortmaxx any clout chasing in the May contract.

Incredible stuff happening on Housing Bluesky.

this literally directly impacts a minority (people with global entry)

[We have] a perpetual numbness to horror - @pablo.show

Highly recommend

Bondi top-ticked the market.

Lumber market feels like it’s going to be one of the most boring years in a long time. Demand is flat-to-down. Or down-to-down. Supply cuts have kicked in to keep a price floor in place. Tariff threats are over. In fact, some of the programmatic taxes are set to reset lower before end of March

You think trump suing IRS for $10b in damages is bc he knows he could have made $10b from being president during that time?

MAGA: the halftime should should be in English! Kid Rock: Bawidabadebangdebangboggieboogieboogiesaythebiggiesayuochucktheboogie

Sam Darnold: another transfer portal success story

Trent Dilfer could win a Super Bowl with this pats defense

Don’t NFL DE’s have to have longer arms to even qualify to play professional football?? Like they all have long arms!!

TIL Bad Bunny doesn’t do any any songs in English.

Wait until they hear about Colorado!

Something tricky here is normally the speculative froth coming out of markets would be healthy, but in our situation it's financial asset-based wealth and loose financial market conditions that have been supporting the whole economy in the face of weak hiring and sluggish housing.

This is insane. Colorado:

First green shoot in a loooong time