If I have learned anything from 40 years in finance, it is that the most financially destructive investments have the cleverest/cutest names.

After reading Starbucks statement last night, I can't help but wonder if the same is true with the names of corporate strategies.

Yeesh

Australia's top rates strategist, Barrenjoey's Andrew Lilley:

I think the RBA are very close to hiking- it is a line ball call. I’d assign a 40% chance they hike by August and a 60% chance they don’t. Part of that 40% encompasses two hikes (so it is close to 20% of one hike, 20%…

Exits from Star since December for those interested - CEO, CFO, chief customer officer, chief legal officer, chief transformation officer, chief of staff & Gold Coast CEO. Interim boss of Star Sydney (still there) revealed this week he knew of historical China Union pay activity

Shaun Bonett was the country’s richest person under 40 in 2007. Now a billionaire, he shares his story, including a humiliating $25 million mistake. afr.com/wealth/people/…

From the White House to the dog house in two years. “Inside the rise and fall of EV player Tritium” #energy #EVs #auspol #qldpol afr.com/companies/ener…

Tritium - gone, gone, gone. 'Australian manufacturing poster child Tritium collapses days after Qenos' #auspol #qldpol afr.com/companies/manu…

So - I recruited Shawn Kemp to the University of Kentucky. Well, Dwane Casey recruited him and I helped close the deal on the phone and in person with Shawn while I was at UK and he was in high school. He’s an Indiana kid and I’m a Kentucky kid. Close in proximity.

I took him…

Just like that, Canada enters The Pension Wars.

Thread

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International Energy Forum head Joe McMonigle:

“Heathrow airport in London uses more energy than the whole African nation of Sierra Leone [population ~8.5 million]”

#CERAWeek #OOTT

Great article James Thomson
Be excited and afraid: What I learnt from two hours with Nvidia’s CEO afr.com/chanticleer/be…

Traders are significantly repricing their Fed expectations, with just 76bps of cuts now priced in by the December meeting, the fewest so far this year and less than half the 158bps of cuts expected at the start of the year: DB's Jim Reid.

Spoke with Jamie Dimon today on rates (Fed should be patient), markets (they feel bubbly), bitcoin (he’ll defend your right to buy it but he won’t be), Trump (amazing politician but election will be a circus) and private credit (it’s shadow banking) afr.com/chanticleer/ja…

Not investment advice, seek it.

This is true. Very, very good

'This is exactly the worst time for Brad Banducci to go' - great analysis here from James Thomson on the timing of CEO succession at @Woolworths... afr.com/chanticleer/wo… #retail #ausbiz $WOW $COL

Why don't we just put our powerlines underground?

1. It would cost more than $2.5million per km (according to AusGrid) which works out to be nearly DOUBLE last year's ENTIRE state budget

That's 15 times more than having lines above ground and would take 40 YEARS #springst

We rally 5% in a straight line and we get one 1% down day and the banner is gigantic as if the markets have been heading down for weeks. SMH

Every line is more awful than the last but it gets easier if you say “park life” after each paragraph.

SPX pennies off an ATH and there were more stocks making new lows than new highs today.

Bad news comes in threes, but there's some good news behind Woolworths $1.7 billion writedown, writes James Thomson ... afr.com/chanticleer/th… $WOW $COL