Weekend thoughts
No penny for my thoughts
This is a weekly digest of unassociated pictures (graphs mostly) I saw during the week. Not much context is given.
For daily digests: https://no1sdailydigest.substack.com/archive
First you don’t pay your CC, then your car, then your house:
Credit card delinquencies:
Data center construction » office market space:
Target for silver according to Dario:
10 green months for silver:
8 months green for gold:
IG tech spread - average IG spread:
Copper inventories:
oil/silver:
Change in electricity generation:
About 2 weeks of US consumption left in the SPR:
"Data center construction » office market space"
The future is now, old man...
If you're sad about how things are turning, or happy even, you can always watch the pilot for Highway To Heaven for a reset, to a time when life was simpler, when Russians were actually the "enemy", when it was "Morning Again in America” still:
https://www.youtube.com/watch?v=FFE6Ihp3kz0
https://www.youtube.com/watch?v=CS_pAB-sii8
Definitely Michael Landon's best work 😊
how should I read the Copper Inventories graph. Inventories are increasing, and price is increasing - which in general is opposite of what I might expect - obviously I am missing something.