The irony is that but for the Russo-Ukrainian War disrupting both the global food supply and the global supply chain for fertilizer (and thus disrupting next year's food supply), the Moscow Exchange would be a triviality.
All "supersized" by the fossil fuel crisis, the National Average just topped $5 per gallon. I can see the White House press release now:
"If we could get fertilizer and grain, we couldn't afford to transport it anyway!
So the lack of product isn't as big a disaster as it could be like back when we had $1.69 gas and mean tweets."
Yet they will probably now deploy a US produced 'mobile' ICBM since fuel costs are so high such a 'move' could only be described as 'lunacy.'
See my Newsletter #2, May 19th, $10.00 GAS?
You know, Peter, decades from now, while shivering in their Ice Age bunkers, future historians will review "Substack" archives, and come to the conclusion "These guys had it all figured out!"
Actually, the bitter pill here is that we would not have the fertilizer (and thus not the grain either). Natural gas is an important component of ammonia production, which is an essential feedstock for fertilizaer production.
The energy shortages are themselves an additional pressure on fertilizer and thus food prices.
At $10/gal gas, people don't just starve because they can't drive to the grocery store. They also starve because the farmer can't grow enough to feed everybody.
John Donne was not merely a good poet. In this regard he was a bit of a prophet. Truly, no man is an island in the 21st Century.
Yes, it's not as if Big Tech has monolithically decreed the MOEX to be a non-entity.
Which is what makes the issues on Google and Yahoo! so remarkable. At first I thought it might just be a technical glitch on Google, but when I encountered difficulties replicating the Google Finance charts on Yahoo! I began to think there is more here than just a technical "glitch".
I like the Google Finance charts because they visually engaging without being visually noisy. Plus Google embeds the key data in the URL so I can get a quick synopsis of the current market situation from a bookmark. With Yahoo and others building the comparison charts has to be done every time, which is time consuming.
Ordinarily I wouldn't even monitor the MOEX, but the geopolitical and economic ramifications of the Russo-Ukrainian War gives that exchange significance rather above what its trading volumes would indicate. The economic health of Russia will prove a key variable in determining the final outcome of that conflict (which is hardly certain for either side in either direction).
Could also be technical manifesting in a weird way. I know there have been network paths to RU severed, so depending on who is connecting to who, there could be peering that doesn’t work, whatever, and then I’ve seen effects depending on how somebody coded something, where a data source is not presented because of some inability to get to the endpoint where you pull down that data… Yes could be funny business or could be technical, or both. :) Expect the technical side to get worse rather than better as the summer progresses. If you depend data there archive it when you have it…
Loss of a data connection would cut off present and future data. It would not cut off historical data and it would not purge the MOEX indices from Google's database.
By the same token, loss of peering would not purge the RTS historical data from Yahoo's databases.
(I've supported data networks for over 25 years across multiple industries. I've seen how data outages impact applications such as Google Finance, and what I'm seeing today does not present as any data outage).
The partial deletions of data from Yahoo and the complete eradication of MOEX data including the names of the indices themselves from Google is not something that is readily explained by loss of data connectivity to Moscow.
Sure — my experience is with academic things less … robustly implemented. But it is true connections between Europe and Russia are becoming degraded, and I expect a lot of scientific traffic (at least) severed as the summer progresses. Because Ukraine.
Great catch, Peter. Very interesting.
PNK, you are just full of good information this afternoon!
To be honest, I don't give a flyin' fork about the Moscow info anyway.
At least not since that supply of good 7.62X39 ammo dried up.
But you just know there are still Billions of rounds of that stuff over there.
You know, the 7NXX, and a whole host of other "armor penetrating" rounds.
Sounds like a business opportunity to me.
Shame nobody is listening.
The irony is that but for the Russo-Ukrainian War disrupting both the global food supply and the global supply chain for fertilizer (and thus disrupting next year's food supply), the Moscow Exchange would be a triviality.
All "supersized" by the fossil fuel crisis, the National Average just topped $5 per gallon. I can see the White House press release now:
"If we could get fertilizer and grain, we couldn't afford to transport it anyway!
So the lack of product isn't as big a disaster as it could be like back when we had $1.69 gas and mean tweets."
Yet they will probably now deploy a US produced 'mobile' ICBM since fuel costs are so high such a 'move' could only be described as 'lunacy.'
See my Newsletter #2, May 19th, $10.00 GAS?
You know, Peter, decades from now, while shivering in their Ice Age bunkers, future historians will review "Substack" archives, and come to the conclusion "These guys had it all figured out!"
Actually, the bitter pill here is that we would not have the fertilizer (and thus not the grain either). Natural gas is an important component of ammonia production, which is an essential feedstock for fertilizaer production.
The energy shortages are themselves an additional pressure on fertilizer and thus food prices.
At $10/gal gas, people don't just starve because they can't drive to the grocery store. They also starve because the farmer can't grow enough to feed everybody.
John Donne was not merely a good poet. In this regard he was a bit of a prophet. Truly, no man is an island in the 21st Century.
https://allpoetry.com/No-man-is-an-island
Did you see what Senator John Kennedy said?
“The price of gas is so high it would be cheaper to buy cocaine and just run everywhere”
—Senator John Kennedy
No, I didn't....but I can picture him saying that.
The man is nothing if not quotable!
Apple stocks app appears to still have it (at the moment)
Yes, it's not as if Big Tech has monolithically decreed the MOEX to be a non-entity.
Which is what makes the issues on Google and Yahoo! so remarkable. At first I thought it might just be a technical glitch on Google, but when I encountered difficulties replicating the Google Finance charts on Yahoo! I began to think there is more here than just a technical "glitch".
I like the Google Finance charts because they visually engaging without being visually noisy. Plus Google embeds the key data in the URL so I can get a quick synopsis of the current market situation from a bookmark. With Yahoo and others building the comparison charts has to be done every time, which is time consuming.
Ordinarily I wouldn't even monitor the MOEX, but the geopolitical and economic ramifications of the Russo-Ukrainian War gives that exchange significance rather above what its trading volumes would indicate. The economic health of Russia will prove a key variable in determining the final outcome of that conflict (which is hardly certain for either side in either direction).
Could also be technical manifesting in a weird way. I know there have been network paths to RU severed, so depending on who is connecting to who, there could be peering that doesn’t work, whatever, and then I’ve seen effects depending on how somebody coded something, where a data source is not presented because of some inability to get to the endpoint where you pull down that data… Yes could be funny business or could be technical, or both. :) Expect the technical side to get worse rather than better as the summer progresses. If you depend data there archive it when you have it…
Loss of a data connection would cut off present and future data. It would not cut off historical data and it would not purge the MOEX indices from Google's database.
By the same token, loss of peering would not purge the RTS historical data from Yahoo's databases.
(I've supported data networks for over 25 years across multiple industries. I've seen how data outages impact applications such as Google Finance, and what I'm seeing today does not present as any data outage).
The partial deletions of data from Yahoo and the complete eradication of MOEX data including the names of the indices themselves from Google is not something that is readily explained by loss of data connectivity to Moscow.
Sure — my experience is with academic things less … robustly implemented. But it is true connections between Europe and Russia are becoming degraded, and I expect a lot of scientific traffic (at least) severed as the summer progresses. Because Ukraine.
I actually lost a bid on a school district support contract because I detailed how they could permanently fix most of their networking issues.
Apparently the in-house IT staff didn't want it made known that their constant "issues" could actually be made to go away.