Doug Coleman

WELLS: “.. we estimate up to $1.6T of corp. financing needs, or 7% of M2, over the next year, approaching the previous cycle high in 2021 ..”

(Reuters) - Americans have paid more for their gasoline and diesel at the pump on average during President Donald Trump's second term than they did under his Democratic predecessor, Joe ​Biden, according to the AAA. ⛽️ @reuters.com www.reuters.com/legal/govern...

FRANCE'S 10-YEAR BOND YIELD NOW AT 5.084%, RISES ABOVE US TREASURY YIELDS FOR THE FIRST TIME SINCE 2013

Trump wants Americans to believe the Strait of Hormuz is a success story. The oil markets tell a very different story.

Middle East oil exports have, per the @wsj.com, surpassed prewar levels, yet Brent is still at $109. Why? • Supply doubts: Traders fear current flows aren't sustainable, as noted in the subtitle below. • Demand pressure: Sovereign and corporate inventories are depleted and urgently need rebuilding.

Three-byline alert: 🚨 “.. Last week, Musk capped the speeds at which Ukrainian hardware could stay connected to the satellite-based network .. .. One of the people also claimed Musk and Trump discussed the matter prior to the decision ..” @wsj.com www.wsj.com/world/ukrain...

Can Africa outgrow China? ft.trib.al/8h4HyJR

In another sign of American households being squeezed financially, home insurance premiums have overtaken property taxes in many places, partly due to extreme weather.

Here’s a chart of Brent oil futures for delivery NEXT December — 2027. The highest ever. “.. Oil traders are increasingly pricing the battle over the Strait of Hormuz as the new normal.” - @bloomberg.com ⛽️

Voters in Alberta chose to stay in Canada by a convincing margin in a historic referendum on Monday, according to projections from the CBC, staving off an economic and political crisis that Prime Minister Mark Carney argued the country could ill afford.

What happened to Howard County Republicans?

Most of Ken Paxton’s Money Can Be Traced to One Man: Elon Musk www.nytimes.com/2026/10/16/u...

B of A: A combination of a) rising diesel prices, b) rising commodity prices and c) higher wage trends could send food-at-home CPI surging to 10% over the next six months. @mikezaccardi.bsky.social #FAH

Page One, LA Times: The “AI Employee of the Month”

🇨🇳China's State Council, chaired by Li Qiang, urged prioritizing application-led AI development tied to the real economy: strengthen supply–demand matching, promote joint R&D, accelerate pilot validation, and expand scenario cultivation to speed conversion of AI technology into productive capacity. (

“.. Today, Skydance has a market cap of under $40 billion — less than half the predecessor companies’ combined value.” @variety.com $SKYD variety.com/2026/film/ne...

(Reuters) - The order to limit a satellite system used by Ukraine for battlefield communications and drone operations came from inside the White House, according to two US officials and a Western official briefed on the matter. @reuters.com 🇺🇦 www.reuters.com/world/europe...

RBADVISERS: “.. Core Final Demand #PPI pierces 5% a level never seen in its history outside of the immediate post-pandemic period. New inflation paradigm? We think so.”

“Food price inflation is going to accelerate. When you do the margin math for manufacturers, wholesalers and retailers, it’s really hard to see how food prices aren’t going to bump up in the next two, three months.“ www.ft.com/content/1392...

BROADCOM CEO: ".. A lot of investors have no clue what they are investing in." They “set very extreme expectations only to find out that it’s almost like they are in a casino.” @bloomberg.com $AVGO www.bloomberg.com/news/article...

“.. In Maine, the cost to fill a standard heating-oil tank as of Wednesday was $1,650, up roughly 80 percent from a year earlier ..” @nytimes.com #MEsen www.nytimes.com/2026/10/08/u...

Page One: “.. this is a full-blown crisis.” ✈️ @financialtimes.com

Still on what would have been deemed unlikely if not unthinkable not so long ago... 👇🏼 #economy #markets #energy

“.. Without it, you do have that $200-a-barrel scenario, so it is pretty important it continues,” he said. “There aren’t any more inventories to drain in the west.” @financialtimes.com ⛽️ www.ft.com/content/95db...

“.. Distressed leveraged loans … a nearly 90% jump over the past 12 months ..” @bloomberg.com www.bloomberg.com/news/article...

Ahead of a $39 billion 10-year note auction at 1p.

How US mortgage bonds can trigger a ‘vicious loop’ for Treasury yields ft.trib.al/7ZHB601

The attempt to rebalance global trade has failed as the US trade deficit has increased. We expect the American trade deficit to widen to $102 billion when the data is published this morning from $88 billion previously. #Econ share.google/CPT9FaNV0kbE...

“.. U.S. trade deficit blew out to $105.6 billion in August ... up significantly from the prior month and now up by $34.4 billion in the past two months. .. Outside of the Liberation Day swings, this is a record.” - Schwab

(FT) - A sharp sell-off in US government bonds is starting to reverberate across corporate America, forcing companies to overhaul their borrowing plans and even raising the spectre of defaults among the most lowly rated businesses. @financialtimes.com www.ft.com/content/7c7c...

“.. 2,000 trucks x $20,000 in fuel savings per year x 20 years. That works out to $800 million in total savings, for a whopping ~166% ROI.” @electrek.com electrek.co/2026/10/03/f...

Europe just hit a major milestone! For the first time ever, electric vehicles outsold gasoline and diesel cars, signaling a powerful shift towards a cleaner future. 🚗⚡️ #EVs #ElectricVehicles #Europe #CleanEnergy

“.. The cost to insure the debt of both companies against default .. is increasingly moving in lock-step, a sign investors are beginning to treat the two credits as intertwined. “.. You have to consider your total Larry Ellison risk,” Goodman said. $ORCL $PSKY www.bloomberg.com/news/article...

“.. Tech payrolls have fallen to the lowest level since December 2020.” - Schwab

Like trying to hold a beach ball underwater. $TNX @cnbc.com

When nearly all private payroll growth in the last five years has been in health-care or education -->

US AVERAGE WORKWEEK HRS ACTUAL 34.4 (FORECAST 34.3, PREVIOUS 34.4) $MACRO

The U.S. added 29,000 jobs in September, far short of expectations. The unemployment rate rose to 4.2%.

EU OPEN TO ENGAGING ON RELATIONSHIP OPTIONS UK MAY PUT FORWARD

France’s Macron: If the British PM wants Britain to return to the EU, that would be excellent news and a good decision.

SPANISH PM SANCHEZ: SPAIN WOULD WELCOME BRITAIN BACK INTO THE EUROPEAN UNION WITH OPEN ARMS

📈 Only one policy option gets £92bn in growth. 💪 Only one policy option boosts our exports by £43bn every single year. 🇪🇺 Britain needs to rejoin the EU. And the EU needs Britain.

“.. Very good one sentence summary of the economy.” - Kyra Scanlon

Good morning. In markets, US bond yields are back in focus, with the 10-year hitting 5.22%, its highest level since 2002 -- as Brent oil approaches $110. (CNBC chart below.) #economy #markets #oil #energy #bonds #yields

(Bloomberg) - US manufacturers installed roughly 38,500 industrial robots in 2025, a year in which they simultaneously cut more than 100,000 human jobs. @blsuth.bsky.social www.bloomberg.com/news/newslet...

Second poll finds more supportive view of Maryland redistricting vote

Japanese government bond yields hit new high as global sell-off continues ft.trib.al/Lgy8eCZ

US DURABLE GOODS ORDERS (M/M) AUG P: 0.0% (EST -0.3%; PREV 1.1%; PREVR 0.9%) || DURABLES EX-TRANSPORTATION (M/M): 0.3% (EST 0.6%; PREV 0.4%)

SCHWAB: “.. While we have seen this level of yields before and some say we are just back in the ‘old normal,’ I think what sometimes gets lost in the discourse is the speed with which rates have moved higher ... we haven't seen this kind of 5-year increase in the 10y yield since the '80s.”