By Paul Sankey
Published on July 2, 2026 at 10:31 AM
No doubt you have been drumming your fingers waiting for the news on this week’s Happy Hour, but after careful consideration, we are skipping it tonight, the Thursday eve of the market holiday tomorrow for the 250th-anniversary July 4th Independence Day celebrations and the market holiday tomorrow. Congratulations U.S.A.! Great job. Way to go. Nice win last night team USA in the World Cup into the big weekend celebration. We can say that there has …
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By Paul Sankey
Published on June 28, 2026 at 5:59 PM
Goodness me, In the dust storm of Middle East War, today’s news of an anti-corruption purge in Iraq is the latest volatility, never mind the ships being attacked. But I didn’t get too far with that, given like everything else down there, nobody really knows what is happening. I reluctantly checked into X.com and read that the Iraqi Prime Minister had staged a Coup d’Etat. And put down my phone. Absurd. Corruption crack down may …
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By Paul Sankey
Published on June 23, 2026 at 12:39 PM
Hola, It was a relief to start the week as we hoped, with some non-Hormuz corporate newsflow, and in this note we talk about the Chevron vs Microsoft Permian mega-data center announcement. Relief, because my Sunday note on the geopolitics of the nation players in the Hormuz talks was exhausting to write, and sure enough the weekend talks yielded a framework for more talks, or something. Talks about talks for talks. The point of the …
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