TOPICS AND TIMESTAMPS:
Big Steps 0:00
RISKY BUSINESS 0:37
THE KEY? 2:30
WILD TRENDS 11:32
$GPS INSIGHTS
#1 PRICES OF ENERGY HAVE REACHED CRITICAL LEVEL
#2 UNDER CURRENT POLICIES, PRICES ARE LIKELY TO INCREASE
#3 WATCH CLOSELY TO UNDERSTAND THE INFLATIONARY MADNESS UNFOLD
Democrats, Republicans agree to short-term debt limit increase - Roll Call
https://www.rollcall.com/2021/10/06/manchin-forget-about-filibuster-carve-out-for-debt-limit-bill/
ADP National Employment Report
https://adpemploymentreport.com/
Coal Shortages Push Up Prices, Weigh on Economies - WSJ
https://www.wsj.com/articles/coal-shortages-push-up-prices-weigh-on-economies-11633525885
European Industry Buckles Under a Worsening Energy Squeeze - Bloomberg
https://www.bloomberg.com/news/articles/2021-10-06/european-industry-is-buckling-under-a-worsening-energy-squeeze
(2) John Kemp on Twitter: "EU28 GAS PRICES will continue climbing until the market sees signs of actual demand-destruction - most likely announcements of temporary factory closures, longer holiday shutdowns over Christmas, and reductions in street lighting and commercial building thermostat targets" / Twitter
https://twitter.com/JKempEnergy/status/1445677823247585282?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1445682317234638854%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fcommodities%2Fjust-ridiculous-european-natgas-jumps-40-eu-politicians-panic
Gas Eases After 60% Surge as Putin Offers to Stabilize Market - Bloomberg
https://www.bloomberg.com/news/articles/2021-10-06/europe-gas-extends-record-rally-with-surge-above-130-euros
1240x-1.png (1240×697)
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i6Ey7TxyGy2Q/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/1240x-1.png
UN agency warns of looming global water crisis | TheHill
https://thehill.com/policy/energy-environment/575530-un-agency-warns-of-looming-global-water-crisis?rl=1
Experts Say Prices At Grocery Stores Will Continue To Rise For Over A Year – CBS Los Angeles
https://losangeles.cbslocal.com/2021/10/05/grocery-store-prices/
Dry bulk shipping rates hit $80,000 per day as buyers scramble for coal
https://www.freightwaves.com/news/dry-bulk-shipping-rates-hit-80000-per-day-as-buyers-scramble-for-coal
dealer inventories record low.jpg (592×443)
https://cms.zerohedge.com/s3/files/inline-images/dealer%20inventories%20record%20low.jpg?itok=92fWrWPT
Blinken Urges China to Act Responsibly in Evergrande Crisis - Bloomberg
https://www.bloomberg.com/news/articles/2021-10-06/blinken-urges-china-to-act-responsibly-in-evergrande-crisis?srnd=markets-vp
ECB Said to Study New Bond-Buying Plan for When Crisis Tool Ends - Bloomberg
https://www.bloomberg.com/news/articles/2021-10-06/ecb-said-to-study-new-bond-buying-plan-for-when-crisis-tool-ends
(2) Eric Balchunas on Twitter: "Yes, the SEC has kicked can on bitcoin ETF approval BUT that is for the physically-backed ones under '33 Act. The futures ETFs filed under the '40 Act (which Genz loves) are very much alive and likely on schedule (we think 75% chance approved in Oct). Here's our odds: https://t.co/DUEvRANvO7" / Twitter
https://twitter.com/EricBalchunas/status/1444283405949181955?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1444283405949181955%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fcrypto%2Fcryptos-are-suddenly-exploding-higher
