Morning Coffee with Mike - Kick the can to the Next 3 Generations down the Road

Link to Tonight's show
https://odysee.com/@MikeMartins:7/mikeinthenightE388:e

Link to Last Mike in the Night
https://odysee.com/@MikeMartins:7/mikeinthenightE387:8

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White House Details Plan To "Quickly" Vaccinate 28 Million Children Age 5-11
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Within hours of formal approval, doses will begin shipping to providers across the country...
#mikemartins
WED OCT 20, AT 6:40 AM
142,332
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Tesla Attempts To Pass Semi On The Right, Winds Up Sideways Being Pushed For Miles Down Kentucky Highway
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"Blind spots are dangerous".

WED OCT 20, AT 11:20 AM
11,381
23
"Bull*hit!": Manchin Denies Rumor He's Leaving Democratic Party
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"I have no control of rumors."

WED OCT 20, AT 11:13 AM
39,633
177
Beige Book Hints That US Has Passed "Peak Shortage"
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Most Districts reported significantly elevated prices...

WED OCT 20, AT 11:12 AM
5,131
8
"I Don't Remember A Time When So Many Extreme Events Were Happening In Shipping"
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LNG spot shipping rates surged 40% in one day on already high levels...spot rates for tri-fuel, diesel-engine LNG carriers were $157,500 per day on Monday, up 86% week on week. Rates for MEGI-propulsion carriers were $180,000 per day, up 65% week on week.

WED OCT 20, AT 10:57 AM
10,883
25
The New Bitcoin ETF Just Did Something No Other ETF Has Ever Done
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"I’ve never seen anything like this. I bet ProShares is even shocked..."

WED OCT 20, AT 10:50 AM
74,151
538
NYC Fentanyl Deaths Up 55% During Pandemic
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The period aligns with the months of severe measures imposed by the city and state to curb the spread of COVID...

WED OCT 20, AT 10:30 AM
5,316
57
Russian Jets Intercept US Bombers Over Black Sea Just As Lloyd Austin Visits Ukraine & Romania
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Pentagon chief spoke forceful words in Kiev: "Let's be clear, that Russia started this war and Russia is the obstacle to a peaceful resolution."

WED OCT 20, AT 10:15 AM
12,405
140
Ugly 20Y Auction Sees Biggest Tail On Record Despite Jump In Foreign Demand
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Judging by the market reaction today's 20Y auction was quite ugly. But the internals were not nearly that bad.

WED OCT 20, AT 10:13 AM
4,990
4
Two "Surprising Elements" In The Rapidly Changing Build Back Better Act
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i) a very short child tax credit extension, ii) A (much?) lower amount of health spending

WED OCT 20, AT 10:00 AM
25,757
71
PTJ Warns Inflation "Single Biggest Threat To Society"; Slams "Most Inappropriate Policy" In His Lifetime As He Buys Crypto
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If surging inflation forces the Fed to hike short-term rates in response, the result could be a 35% drawdown in equities, the billionaire investor warned.

WED OCT 20, AT 9:55 AM
39,898
225
Leaked Audio: DOJ Official Doesn't Think Americans 'Sincere' Over Religious Exemptions
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"Even if we know that many of those claims are not sincere, or are sincere but not religious..."

WED OCT 20, AT 9:46 AM
33,821
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China Home Prices Drop For The First Time Since 2015 As Existing Home Sales Crash 63%
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“The new-home market faces relatively big downward pressure in the short term. The effects of price discounts are waning.”

WED OCT 20, AT 9:26 AM
13,545
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Demographics, Birth Rate, & The COVID Baby Bust Are Quite Deflationary
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That impact will start showing up in 2024 and last a minimum of 12 years...

WED OCT 20, AT 9:11 AM
15,405
66
Pinterest Soars After PayPal Reportedly Exploring Acquisition At $70/Share
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The San Jose-based PayPal has recently approached Pinterest about a potential deal, which contemplates a potential price of around $70 a share, which would value Pinterest at roughly $39 billion

WED OCT 20, AT 8:38 AM
7,302
43
Peter Schiff: The Debt Ceiling Is Really A Debt Floor
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"What Biden really means is that if we raise the debt ceiling, we can kick the catastrophe down the road and we won’t have to deal with it today..."

WED OCT 20, AT 8:30 AM
8,733
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To Appease ESG, Exxon Considers Abandoning Some Of Its Biggest Oil And Gas Projects
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Despite the current oil price and supply landscape, the impact from these projects coming online likely wouldn't have been felt for years to come.

WED OCT 20, AT 8:10 AM
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Greed Is Back: Stocks Rip Back To Record Highs
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Well that didn't take long...

WED OCT 20, AT 7:59 AM
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Weird Occurrings In The Bond Market... Even By Bond Market Standards
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Equity investors seem to have been focused more on hike/no hike talk and not enough on where longer dated bond yields are headed, which is likely to enter their consciousness in the coming days!

WED OCT 20, AT 7:45 AM
19,614
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WTI Spikes Into Green After Across-The-Board Inventory Draws