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" ... As stock market strategists try to call a market bottom Monday with clownish non-analyses like “risk-reward is positive” and “the worst of COVID-19 is over” (I disagree regarding the economic impact of lockdowns,) the market is missing one sector that is actually benefiting from the current situation. Rates for oil tanker journeys have spiked as prices for near-term oil contracts (the ones quoted on CNBC) have fallen much further than prices for contracts that will come due in future months. The oil market is telling you that the Saudi - Russian tension will eventually be resolved and that a barrel of oil that is worth $27.32 “today” would be worth $34.43 in November. That is a situation known as contango, and in such cases oil traders will play that contango by buying oil and holding it for a few months until prices recover. ... "
" ... Richie is in full glad-handing mode at a producers’ banquet honoring Maury Gold, Richie’s first music industry boss (who Richie helped get out from under the thumb of the mob and was able to go out on his own as a result). Richie’s rival, the clownish record exec Jackie Jervis (Ken Marino), publicly makes jokes about Richie’s aborted German deal during a speech for Maury. Devon, up until this point unaware that Richie didn’t sell the company, is upset. ... "
" ... The challenge for this one is to sell an Aquaman movie that both takes its lead superhero seriously and tries to make adults (or at least adults old enough to remember Super Friends) forget about the character’s clownish history while also selling a movie that is appropriately gonzo and gloriously goofy enough to stand out in a crowded Christmas season. After all, what’s the point of making a big-budget Aquaman movie if you’re not going to get a little nuts with it? Isn’t that half the point? ... "