🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Kudos to Build America Caucus chair Rep. Josh Harder for this statement on today’s NEPA case — acknowledging the absurdities of the NEPA status quo and pushing for reform.

NEW ODD LOTS: It's the man, Krishna Memani Tracy Alloway and I talked to the longtime portfolio manager/CIO about how diversification, particularly international diversification, became the costliest "free lunch" on Wall Street podcasts.apple.com/us/podcast/kri…

Don't wanna get too uptight about bit, but this just isn't right. The guy loved hamburgers and stuff. He wasn't without pretensions but he definitely appreciated comfort foods

i love when people say “this program / service would totally collapse without government subsidies” like it’s a huge gotcha. we know? there are things like rural hospitals that serve the public good without being commercially viable. that’s why we subsidize them lol.

Thanks Joe Weisenthal and Tracy Alloway for having us in the odd lots newsletter. We start with a few simple observations: - Fed wants to see lower inflation before cutting - To lower inflation, look for large weights in PCE - Even better if gov't has a big influence over prices

accidental own goals by the USA re geothermal part 1000 we deleted the right to secure geothermal discoveries in 2005 and then the num of discoveries fell off a cliff a little known tweak in the 2005 Energy Policy Act stripped explorers of non-competitive leasing rights, drying

Never has there been a more overhyped commodity.

Tax credits for renewables are expiring in the coming years. Less widely known is that construction costs for gas-fired power plants are soaring at unprecedented rates. This will be reflected in electric bills for years to come.

spglobal.com/commodity-insi…

Expanding LNG exports and leading AI frontier development are strategic imperatives. But they can't come at the cost of skyrocketing power prices for families and small businesses. See more from Skanda Amarnath and me here. employamerica.org/blog/supportin…

Our favorite museum in DC is the National Portrait Gallery. The paintings are vivid, each with a placard rich in information about the person, the moment, the painter. The building, built in 1836 as the US patent office, is an amazing series of spaces. It’s a special place.

Important dynamic to understand for anyone blocking certain other forms of low-cost energy from getting to its customers (or failing to address regulatory barriers to those forms of energy coming online).

Everyone needs to think harder about how to drive attention to this giant Medicaid cut bill Republicans are on the verge of passing — it’s very unpopular, all factions of Democrats oppose it, and yet it’s barely present in the discourse.

Shale patch pipe to the moon

Really promising news: President Trump's budget request calls for an additional $750 million in credit subsidy for LPO to support nuclear loans! This is a dramatic difference from his FY2020 and FY2021 budget requests, where he sought to eliminate the program.

I don't think we should make it illegal for people on Medi-Cal to save more than $2000, jesus christ man

Site neutral payments are a macroeconomic triple threat: -direct inflation reduction -lower long-term rates -deficit reduction All without harming patient outcomes. More from Preston Mui Ashley George and Skanda Amarnath in the Odd Lots newsletter. bloomberg.com/news/newslette…

GOP senators from Louisiana, Arkansas, Kentucky, and West Virginia are staring down the barrel of big cuts to a program that covers over a quarter of their constituents!

Yes, I think everyone from socialists to neoliberals should make an effort to raise the salience of Medicaid cuts. I see it a lot already, but because there’s broad agreement it tends to generate less engagement. Keep posting!