Morning Pick Your Poison

By Paul Sankey Published on October 9, 2024 at 7:26 AM

The internet here at my parent’s apartment is so bad that I looked at buying a Starlink. £299 from Curry’s (British ~Best Buy). I’m tempted to, but in this basement flat, we only have a 20ft square patch of skylight. So now I am running internet from my iPhone and it seems okay including a full Bloomberg. Hats off to technology. And frankly, hats off to Elon. How did he come up with – and …

Read More

Morning Wotcha from London

By Paul Sankey Published on October 3, 2024 at 9:44 AM

Greetings from London, Happy Hour tonight, we are going meta and chatting with one of the world’s top finance podcasters, JACK FARLEY who has some 30m downloads for his regular show “Forward Guidance” that has featured a pantheon of top macro and economic gurus for the past several years. Jack is now in transition to a new platform Monetary Matters, and we are grabbing him from the beach, so to speak. Date/Time – Thursday, October …

Read More

FTC approves ExxonMobil-Pioneer deal… except that guy: WSJ

By Paul Sankey Published on May 1, 2024 at 6:23 PM

First the shock news… FTC to approve XOM-PXD deal. Then the condition: Pioneer CEO Scott Sheffield cannot join ExxonMobil’s board because of anti-competitive collusion with OPEC. All this is as reported by the Wall Street Journal this evening. Knee jerk first thoughts: Very first thought? You have to suppress a wry smile. Imagine the weeping and wailing at ExxonMobil’s “God Pod” management floors at this loss; get the Pioneer acreage, but not Scott Sheffield. Gosh darn …

Read More