By Paul Sankey
Published on August 25, 2024 at 3:00 PM
Hello, The last week of Summer 2024 is upon us. Welcome to the first week of 2024/5! Source: Bloomberg, Sankey Research Good luck to you & yours, may it be a great year. ~ Briefly noted: still no Prime Minister appointed in France, which is causing a continuing political crisis there. And next thing you know the founder of Telegram is arrested this weekend at Le Bourget, Paris’s private airport. Telegram, and that story, are …
Read More
By Paul Sankey
Published on August 22, 2024 at 11:54 AM
Delighted to say we have Dan Dreyfus, founder and Chief Investment Officer at Bornite Capital on Happy Hour today, sorry for the late notice I forgot to submit this note. A deeply thoughtful a-track player, Dan founded Bornite in January of 2019. He has 19 years of investing experience including fundamentally-driven long/short, capital structure arbitrage, distressed investing, merger arbitrage, and broader portfolio management. Dan joined 3G Capital in 2013 to manage a commodities and industrials …
Read More
By Paul Sankey
Published on August 20, 2024 at 11:49 AM
With the Democratic National Committee in full swing, CNBC today highlights a study by The Rhodium Group/MIT on the impact of the irritatingly-named Inflation Reduction Act (IRA). It deserves a way more accurate name, but IRA it is. This is the Clean Energy Subsidy Act, inflation reduction it surely is not. However, it is having a massive impact. All quotes are directly from Clean Investment Monitor: Tallying the Two-Year Impact of the Inflation Reduction Act …
Read More
