U.S. Space Command adopts multipronged approach to prepare for 'a conflict that has never happened. spacenews.com/u-s-space-comm… via SpaceNews Strategas Jason De Sena Trennert

China and Russia pledge to work together to maintain ‘supply chain stability’.
Translation: we will build Arctic and Eurasian connectivity and the West isn‘t invited to the party.

#Velsig #DragonBear

ft.com/content/272e71…

Surprise.

China moving at 'breathtaking speed' in final frontier, @SpaceForce says space.com/china-space-pr… Strategas Jason De Sena Trennert

US electric utilities brace for surge in power demand from data centers reuters.com/business/energ…

Imagine claiming to run a restrictive monetary policy while presiding over record loosening financial conditions spurring a $12 trillion asset rally in 5 months and then being shocked inflation is surprising to the upside.

But that's the Fed for ya.

Inflation was 3.5% in the past year --> highest since September.

Here are key items really driving inflation now
Car insurance +22% in past year
Car repair +12%
Baby formula +10%
Veterinarian +10%
Rent +5.9%
Electricity +5%
Restaurants +4.2%
(Gas up 1.3% in past year)

APOLLO: “.. The 3-month annualized change in supercore inflation is now over 8% and accelerating .. the Fed is not done fighting inflation and rates will stay higher for longer. .. We are sticking to our view that the Fed will not cut rates in 2024.” [Slok] #CPI

“You have to take seriously the possibility that the next rate move will be upwards rather than downwards.” Larry Summers bloomberg.com/news/articles/…

Private moon bases are coming, starting with SpaceX. nextbigfuture.com/2024/04/spacex…

Morning. Delighted to tell you about my new book.
Money: A Story of Humanity

linktr.ee/moneydavidmcwi…

Available for pre-order now.
Will be bringing it on the road with a few live podcasts too.

Details to follow

Hope you enjoy reading, as much as I enjoyed writing it.

This is incredible.

From Jamie Lane where AirBnBs are fully booked next week.

The best that most of us can hope to achieve in physics is simply to misunderstand at a deeper level.

- Wolfgang Pauli

'The opposite of courage in our society is not cowardice, it is conformity'
~Rollo May

In 1883, at the age of 45, an unemployed Josephine Cochran decided, “If nobody else is going to invent a dishwashing machine, I’ll do it myself!'

And she did.

—

About a month later, her alcoholic husband died.
Rather than abandon her idea, her husband’s death prompted her to…

#Argentina : Javier Milei Mulls Formal Inspection of Secret #Chinese ‘Space Station’ in Argentina

The space station can have a military role tracking missiles & satellites in the southern hemisphere.

U.S. Ambassador to Argentina Marc Stanley told the Argentine newspaper La…

#Vietnamese concerned that canal project in #Cambodia could be potential gateway for #Chinese forces

Cambodia’s plan to build a $1.7 billion navigation canal linking the capital Phnom Penh’s port to the country’s coast has raised concerns in Vietnam about the larger Chinese…

You telling me another gigantic container ship just happened to 'lose power' near one of the largest and most iconic U.S. bridges? Things are starting to look fishy

Ethereum co-founder/Cardano founder Charles Hoskinson endorses RFK Jr.

“I’m not going to vote for the lesser of two evils. I’m just not going to do it anymore.

I’m gonna vote for somebody who I believe actually could make a difference… so I’m endorsing and supporting RFK.…

Sounds inflationary