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You are obviously aware of the news about Russia shutting down the natural gas pipeline 100%. - that news came out right where the market turned
I was reading some horror stories about business who's monthly power was $500 and now $5000 - you cannot stay in business
it's bad over there and will get worse
Hi Matt,
the problem today was that Russia/Gazprom announced at 18:45 Berlin-Munich-time (12:45 New York time) they cut 100% of NordStream 1 now!
The DAX (DeutscherAktien-IndeX) was up over +3.5% at over 13050 and then the DAX-Future closed at 12685 (22:00 local time)!
Very bad the dependence of russian gas!!! Ugly situation!!
Thanks to Matt and Steve and all others! Have a nice weekend!
Thanks matsch13 - keep us posted on latest developments.
it all depends as well as how the market digests the news over the weekend. Longer term it's bad, short term we'll see the reaction next week
Here is another story: Tesla & Nio suspended charging service because of extreme weather and low output from hydro-electric power (the most reliable renewable energy human beings ever inveted)
https://www.bnnbloomberg.ca/tesla-nio-suspend-ev-charging-services-as-china-power-cuts-bite-1.1809636
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Europe and Natural gas
Posted by matt on 2nd of Sep 2022 at 02:25 pm
You are obviously aware of the news about Russia shutting down the natural gas pipeline 100%. - that news came out right where the market turned
I was reading some horror stories about business who's monthly power was $500 and now $5000 - you cannot stay in business
it's bad over there and will get worse
Hi Matt, the problem today was
Posted by matsch13 on 2nd of Sep 2022 at 04:31 pm
Hi Matt,
the problem today was that Russia/Gazprom announced at 18:45 Berlin-Munich-time (12:45 New York time) they cut 100% of NordStream 1 now!
The DAX (DeutscherAktien-IndeX) was up over +3.5% at over 13050 and then the DAX-Future closed at 12685 (22:00 local time)!
Very bad the dependence of russian gas!!! Ugly situation!!
Thanks to Matt and Steve and all others! Have a nice weekend!
Thanks matsch13 - keep us
Posted by steve on 3rd of Sep 2022 at 12:03 pm
Thanks matsch13 - keep us posted on latest developments.
it all depends as well
Posted by matt on 2nd of Sep 2022 at 04:58 pm
it all depends as well as how the market digests the news over the weekend. Longer term it's bad, short term we'll see the reaction next week
Here is another story: Tesla
Posted by kevindeng0727 on 2nd of Sep 2022 at 02:52 pm
Here is another story: Tesla & Nio suspended charging service because of extreme weather and low output from hydro-electric power (the most reliable renewable energy human beings ever inveted)
https://www.bnnbloomberg.ca/tesla-nio-suspend-ev-charging-services-as-china-power-cuts-bite-1.1809636
bnnbloomberg.ca
Tesla, Nio Suspend EV Charging Services as China Power Cuts Bite - BNN Bloomberg