Quick Overview is up to date

 Soybeans & Corn: Corn Soy ratio  

Corn

Soy

• No room for error. If bean yield drops 2%, ending stocks come in at 55 m , and stock to usage ratio drops to 1.3

 

This will sell many  teslas - true genius. Thank you, Elon Musk.

I wouldn’t get in a tesla as a hostage!

Notes Today:

• Loss Aversion is the fact that people dislike losses far more than they enjoy gains. So, the supreme courts approval rating will most likely continue to a new all-time low!

• • Beans soar higher on bullish Stocks/Acres numbers. Need to ration deman!

 

• Prices of services, Powell’s favored inflation gauge hits 10-month low. Excluding energy services and housing costs rose 0.23% in May.
• S&P new high on the move.
• 

• Latest supreme court: reminder, 3 were appointed by a president who lost the popular vote and benefited from a stolen seat.

• For a 6-3 majority, Gorsuch holds First Amendment protects website designer who wants to be able to refuse to design sites for same-sex marriages.
• It’s ok to blatantly discriminate against gay people (and anyone else) if God told you to.
• Supreme Court kills President Biden’s student loan forgiveness program.
• The extreme majority has blocked about $430 billion in debt relief for roughly 40 million Americans..So, some 40 million Americans are now at least $10,000 poorer.

• Roberts says it is "disturbing" that recent decisions that accuse the court of going beyond its proper role are "disturbing."

• 
  
  Guns have all the rights.

• Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.

Notes Today:

• Key document may be fake in LGBTQ+ rights case before US supreme court. and it’s false,” he added. “Nobody’s checked it. Anybody can pick up the phone, write an email, send a text, to verify whether that was correct information.”

• World Organization for Animal Health releases statement on H5N1 bird flu in cats. 16 cases so far. "A direct role from infected wild birds is unlikely as a common source" and no indication of cat-to-cat transmission. Suspected cases should be isolated and handled with PPE.

• Confirmed H5N1 bird flu cases in cats so far this year: - Poland: 16 (all this month) - USA: 6 - France: 1 

• Russians fall out of a lot of windows: Kristina Baikova, 28, VP at Russian Bank, Loko-Bank, fell to her death from an 11th floor window of her Moscow apartment in the early hours of Friday morning. 

• Bill Browde @Billbrowder
• Genius idea. New US legislative proposal to pay bounties to individuals who help the US government freeze and seize assets of sanctions evaders. Since oligarchs have invested so much in hiding their money, we need to create a profit motive in finding it.

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.

Media: why would anyone be interested

in this?

 

Notes Today: 

• Canadian Immigration

• Fed Chair Powell said he can see core inflation getting back down to 2% in 2025, but not earlier than that.

• Is rent disinflation forthcoming?

 

•  Summer in winter in South America: Today it was the 4th consecutive day 32C + in Northern Argentina and 34C + (93F) in Paraguay with temperatures at record levels.
• More summer in winter in this Australia: Queensland keeps beating records.
• Texas heatwave blamed for 13 deaths as scorching temperatures and smoke spread across US – as it happened
• Record heat in Siberia continues where hundreds of records have been falling nearly every day for 2 months.
• A cloud of smoke that was triggered by the forest fires in Canada has arrived in Europe -darkening the sky in Portugal.

George Monbiot

• Privatised utilities would do a better job, they said.
• They would invest more
• Improve services
• Cut bills

Lies

Lies

Lies 

Lies

• The privatisation of public services is legalised theft from the public domain.

• Refugee arrested during Istanbul (Turkey) LGBT pride march faces deportation and potential death penalty in Iran.
• Value of Turkish Lira - new low!

• AI Mentions

• 7 more cats in Poland have died of H5N1 bird flu, raising the total to 16. It's still unknown how they're getting infected..

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.

 S&P 500 stocks at 52 week high

Instrument Name	Close	Highest	Symbol
A O Smith Ord Shs	72.27	71	AOS
American Airlines Group Ord Shs	17.35	17.08	AAL.O
AmerisourceBergen Ord Shs	188.78	187.87	ABC
AMETEK Ord Shs	159.58	157.38	AME
Amphenol Ord Shs Class A	82.24	82.15	APH
Apple Ord Shs	188.06	187	AAPL.O
Applied Material Ord Shs	146.55	141.79	AMAT.O
Cardinal Health Ord Shs	93.09	92.52	CAH
Carrier Global Ord Shs	49.49	48.63	CARR.K
Church And Dwight Ord Shs	98.78	97.66	CHD
D R Horton Ord Shs	123.05	120.4	DHI
Delta Air Lines Ord Shs	46.09	43.14	DAL
Eaton Ord Shs	197.65	196.89	ETN
Eli Lilly Ord Shs	464.5	458.84	LLY
Fastenal Ord Shs	58.46	57.64	FAST.O
Fedex Ord Shs	246.76	240.09	FDX
FleetCor Technologies Ord Shs	245.67	244.45	FLT
Fortinet Ord Shs	73.66	73.59	FTNT.O
Fortive Ord Shs	73.06	72.03	FTV
HCA Healthcare Ord Shs	297.6	295.4	HCA
Howmet Aerospace Ord Shs	48.1	47.16	HWM
Intuitive Surgical Ord Shs	330.02	329.36	ISRG.O
Lam Research Ord Shs	649.16	630.03	LRCX.O
Lennar A Ord Shs	126.06	122.3	LEN
Lowe's Companies Ord Shs	223.56	221.56	LOW
Martin Marietta Materials Ord Shs	452.09	442.78	MLM
Masco Ord Shs	57	56.69	MAS
Microchip Technology Ord Shs	86.78	86.64	MCHP.O
Norwegian Cruise Line Holdings Ord Shs	19.59	19.54	NCLH.K
NVR Ord Shs	6330.2002	6160.21	NVR
NXP Semiconductors Ord Shs	200.32	197.85	NXPI.O
Omnicom Group Ord Shs	96.75	96.14	OMC
PACCAR Ord Shs	80.36	79.48	PCAR.O
Parker-Hannifin Ord Shs	380.19	375.47	PH
Pentair Ord Shs	62.7	61.04	PNR
PPG Industries Ord Shs	144.43	143.08	PPG
Pultegroup Ord Shs	78.67	76.27	PHM
Quanta Services Ord Shs	194.66	190.94	PWR
Republic Services Ord Shs	150.19	148.19	RSG
Rockwell Automation Ord Shs	322.66	320.75	ROK
Roper Technologies Ord Shs	470.87	462.02	ROP
Royal Caribbean Group Ord Shs	101.43	97.92	RCL
Snap On Ord Shs	283.18	277.79	SNA
Take Two Interactive Software Ord Shs	146.34	143.51	TTWO.O
TJX Ord Shs	82.8	82.72	TJX
TransDigm Group Ord Shs	873.74	855.34	TDG
United Airlines Holdings Ord Shs	56.03	54.26	UAL.O
Universal Health Services Ord Shs Class B	156.37	152.67	UHS
Vulcan Materials Ord Shs	220.42	214.77	VMC
WW Grainger Ord Shs	770.5	748.09	GWW
Zimmer Biomet Holdings Ord Shs	144.81	144.58	ZBH

 

 

"I wish everything else in America was working as well as Costco does," So said Charlie Munger.

“I believe Costco does more for civilization than the Rockefeller Foundation,” Munger said. “I think it's a better place. You get a bunch of very intelligent people sitting around trying to do good, I immediately get kind of suspicious and squirm in my seat.” 

• I’m a card-carrying member of a cult: Costco

 

The latest regarding weight-loss drugs: 

• Eli Lilly's experimental medication mimicking 3 hormones  yielded a 24% weight loss on the highest dose over 48 weeks in a phase 2 trial, the most seen yet.

• Wall Street’s obsession with next-generation obesity and diabetes treatments intensified over the weekend as drugmakers presented new clinical-trial data on the drugs 

Notes Today:

• Low water levels in Panama Canal expected to impact U.S. grains
• New 2023 World highest temperature was set yesterday in Iran: 51.8C (125.24F) at Shahdad ,Kerman Province, in the Dash-el-Lut desert. 

• Ford got a $9.2 billion loan to build three EV battery factories in Tennessee and Kentucky.

• So far Midwest rain does not seem that impressive to me. But what do I know? Market will let me know in 6 hrs.

• 

•  Evidently better than expected rainfall across the "I" states this weekend.

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.