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10 Friday AM Reads

My end-of-week morning reads: • Inside Bessent’s Treasury: Tension, Turnover and Unmet Economic Goals: Ahead of midterms that could turn on high prices and borrowing costs, secretary dresses down officials (Wall Street Journal) • AI Agents Are About to Flood the Workforce. No One’s Ready for It: Your next coworker might well be an AI… Read More The post 10 Friday AM Reads appeared first on The…

10 Friday AM Reads

We haven't written up this one. The Big Picture has the full story — the link below goes straight to it.

Read the original at ritholtz.com →

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Hormuz Crisis Leaves EU Gas Storage Short Heading Into Winter

Historically low levels of natural gas in storage sites for this time of year could leave the European Union with a gas shortfall in the winter and could force the bloc to cut demand by 7%, the…

  • EU gas storage at 73% full, lowest since 2011
  • War in Iran blocks 20% of global LNG supply
  • EU may cut winter gas demand by 7%

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