Thank you Doctor Volts. Very curious what you think

Crazy stat: Battery storage failure rates declined 99% from 2018 to 2025

Best part here is that I have no idea which one peeves you

Those who know, know

"Formosus, being several months dead, could not answer."

GS: The AI narrative is increasingly a bank narrative... US banks screen second only to technology on AI mentions ... The AI conversation is concentrated in the largest banks in the US

And while crude is high, diesel's spike is being fully half-driven by the highest sustained diesel crack spreads on record. THE CRACK IS THE SAME AS THE FLAT PRICE OF CRUDE (US diesel vs Brent)

At more than $216 per barrel, US diesel futures are now at their highest level in history. We just busted through the prior record set at the height of the 2022 crisis.

Here's longer history for reference.

US diesel now fetching more than $200 per barrel. Highest print of the Hormuz crisis thus far, only two days closed at the height of the April 2022 crisis closed higher.

JPM: Hyperscalers “are issuing so much debt that they may be causing a supply-demand issue at the long end .. Unfortunately for [Bessent], there’s not much he can do .. in the words of FCC Chair Carr, I suppose that hyperscalers can always be informed to do things the easy way or the hard way..”

I have vivid memories of that 17 minutes. I left my house just after the first crash to take the bus across town. I realized I forgot my belt. Went upstairs to get it, and news was still speculating on what the cause was. On the cross-town bus people were learning what had happened.