Romanoo

JPMorgan LNG: China has material Hormuz-linked LNG exposure
• ~29% of China’s LNG imports depend on Strait of Hormuz transit making it one of the key buyers vulnerable to a Gulf disruption
• A prolonged Middle East conflict could trigger a major LNG supply shock especially if Qatari exports are suspended. Russian pipeline gas would only be a partial substitute
• The main brake on extreme prices is demand destruction across Asia and Europe which helps reduce the net market deficit
• Global LNG shipping is dominated by Greek and Japanese-linked fleets while China controls only a small share, lim

Continued disruption or closure of the Strait of Hormuz creates a structural USD tailwind. Euro starting to crack as inflation goes up and the ECB delay easing or even worse, becoming hawkish

Stock portfolio up again
World war 3 more like

Now Pay that 36% unrealized gains tax for the oil in your car that's up
New Dutch prime minister of the Netherlands needs a new Birkin bag

Probably should've bought more puts instead of 1 (bought this one before war and it was bleeding)
Might round trip this put as market opens (story as old as time)

It's ~4am but watched 7 episodes of Pokémon season 1 instead of sleep
It's actually way way better than I remember. Instead of battles, the filler episodes are enjoyable

THE NETHERLANDS: NEW DUTCH PM (JETTEN)
- 36% UNREALIZED GAINS TAX
- RETIREMENT AGE INCREASE TO AGE 69
- NEW CUT ON TAX-FREE GIFTING TO CHILDREN
- INHERITANCE TAX HIKE
- HOUSING CONSTRUCTION HALTED
- POURING CONCRETE INTO GAS WELLS
> HATES KIDS
> HATES WOMEN
> HATES ELDERLY