Don't tell me I didn't warn you.

The process of fuel shortages in Asia, Europe, Africa and in pockets of the Americas (think California, Peru, etc) is unstoppable now.

Jet fuel shortages are a 100% predictable outcome with no solution at this point of…

European airports face jet fuel shortages within three weeks https://t.co/Rfgimf0iZp

The market does not care about Hormuz anymore. Liquidity risks are lurking...

feels like TradFi / equities sentiment is where we were Q2’25 above 100k

Everyone knows it’s peak delusion bull & things look bad 6-12M ahead but there’s money to be made LTF higher

Hyperliquid just made one of the most important microstructure upgrades and its so fucking bullish for HIP-3 and for the long-term.

Hormuz cut the nitrogen fertilizer supply by choking LNG and natural gas.

Now China is halting sulfuric acid exports from May. 50% of sulfuric acid goes to phosphate fertilizer.

That's both legs of the fertilizer market hit simultaneously — nitrogen from…

According to the report, Iran used small boats to lay mines in the Strait last month, leaving only a narrow safe corridor for vessels willing to pay a fee. The Islamic Revolutionary Guard Corps reportedly carried out the mining in a chaotic manner, and it…

U.S. Forces Start Mine Clearance Mission in Strait of Hormuz

No Margot Robbie in a bathtub today. Just a hedgehog who's been watching private credit for months and needs you to read this carefully.

🦔The biggest banks on Wall Street are launching a new tool next week to bet against private credit funds, the same $3…