Newsletter Subject

“Bad Decision-Making, Basically”

From

5minforecast.com

Email Address

WigginSessions@email.5minforecast.com

Sent On

Fri, Aug 26, 2022 07:15 PM

Email Preheader Text

Here’s the thing about a crisis. Once you’re aware… you begin to see it everywhere. D

Here’s the thing about a crisis. Once you’re aware… you begin to see it everywhere. [Wiggin Sessions] August 26, 2022 “Bad Decision-Making, Basically” “In the affair of so much importance to you, wherein you ask my advice, I cannot for want of sufficient premises, advise you what to determine, but if you please I will tell you how.” – Benjamin Franklin, on bumbling fools [Addison Wiggin]Dear Reader, Here’s the thing about a crisis. Once you’re aware… you begin to see it everywhere. Yesterday, I asked Bill Bonner what he thought was the most pressing issue in the world right now while recording a Session for YouTube. He replied without hesitation: energy. Once abundant. Now, expensive… or non-existent. “In Europe, today,” Bill said while speaking to us from his country house south of Paris, “electricity is priced as if oil was trading at $1,000 a barrel.” Today, every news source is breaking the story of a European Energy Crisis. Vociferous German citizens shout “Turn off nuclear!”… (source: Getty Images) This crisis has been toxic for months. If not bubbling for years. We talked about it with [James West]( in April… and [Mark Rossano]( in May… As always, [Jim Rickards]( has proven prophetic. With the ongoing Russian - Ukraine conflict and the cold months of a European winter in the forecast, the crisis is grabbing mainstream headlines. “Germany’s predicament is an example of ‘bad decision-making, basically,’” Ganna Gladkykh, a researcher at the European Energy Research Alliance, told Wired Magazine in an article published this morning. Gladych continues: The chill is coming for all European countries, and the idea that countries are all in this together may dissipate when the going gets tough. This crisis will stop the liberalization and integration process, and we’ll revert to each state looking at its own security of supply and energy markets. The problem is what the [European Union Institute For Security Studies]( calls “the energy trilemma.” The goal is to balance energy security, affordability, and sustainability. With all the hubbub around the flagship European Green Deal and their net-zero emissions target… what they’ve actually produced is an imbalance in the trilemma. Sustainability has upended security and affordability. Yesterday, French President Emmanual Macron proclaimed in a speech on the Champs Élysées the “end of abundance” and a “great upheaval” in the months to come. He’s talking about “sacrifices” the Free French will have to take to survive the coming winter. Reuters exclaims in unison: “Forget showering! It's eat or heat for shocked Europeans hit by the energy crisis.” Rising bills are forcing households to cut energy use. Katusa Research drives the point home: [chart] “With costs soaring,” Katusa writes, “this will put immense pressure on downstream users of power consumption. Power-heavy industries like manufacturing, refining, and petrochemicals all will face major cost surges. We are seeing the effect on productivity in real-time.” Germany has, belatedly, [passed a law]( to bring back oil-and-coal-fired power plants into the country's energy mix in case of a critical gas supply situation. Pain at the pump in the U.S. is one thing. On July 13, the average gas price in the U.S. peaked at $5.10 a gallon. Since then, it has come down to just below $4.00. But Europe may be the canary in the coal mine for what to expect in the U.S. According to Zero Hedge, one in six Americans are already behind on their electricity bills. “Winter is coming,” as the popular saying goes. Americans, who are themselves fairly comfortable with abundance, may also find themselves the victims of bad-decision making, basically. So it goes, Regards, [Addison Wiggin] Addison Wiggin Founder, The Wiggin Sessions P.S. It’s still summer… and the European canary is still tweeting. So Americans are spending their attention in other places. We’re more interested in how tech stocks are doing. Bloomberg: [chart] “Valuations are higher today than the long-term average,” Marin Katusa points out. “You would think that with a war in Europe, soaring electricity prices, and high inflation the market would be pricing in a lot of negativity.” But then, you’d be wrong. For now. --------------------------------------------------------------- Is your portfolio recession-proof? [Click here.]( 10-year Treasuries are worse than at any time since 1790. That’s right. 1790. --------------------------------------------------------------- Ed. note: Got something to say? Send your feedback to The Wiggin Sessions [here](mailto:Feedback@TheFinancialReserve.com). Follow the Wiggin Sessions on Social Media! [Facebook Group]( [Twitter]( [Instagram]( [YouTube]( [LinkedIn]( [The Financial Reserve]The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Consilience, LLC. delivering daily email issues and advertisements. To end your The Wiggin Sessions e-mail subscription and associated external offers sent from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at support@5minforecast.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2022 Consilience, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 400WIGED01

Marketing emails from 5minforecast.com

View More
Sent On

27/01/2023

Sent On

26/01/2023

Sent On

26/01/2023

Sent On

26/01/2023

Sent On

25/01/2023

Sent On

25/01/2023

Email Content Statistics

Subscribe Now

Subject Line Length

Data shows that subject lines with 6 to 10 words generated 21 percent higher open rate.

Subscribe Now

Average in this category

Subscribe Now

Number of Words

The more words in the content, the more time the user will need to spend reading. Get straight to the point with catchy short phrases and interesting photos and graphics.

Subscribe Now

Average in this category

Subscribe Now

Number of Images

More images or large images might cause the email to load slower. Aim for a balance of words and images.

Subscribe Now

Average in this category

Subscribe Now

Time to Read

Longer reading time requires more attention and patience from users. Aim for short phrases and catchy keywords.

Subscribe Now

Average in this category

Subscribe Now

Predicted open rate

Subscribe Now

Spam Score

Spam score is determined by a large number of checks performed on the content of the email. For the best delivery results, it is advised to lower your spam score as much as possible.

Subscribe Now

Flesch reading score

Flesch reading score measures how complex a text is. The lower the score, the more difficult the text is to read. The Flesch readability score uses the average length of your sentences (measured by the number of words) and the average number of syllables per word in an equation to calculate the reading ease. Text with a very high Flesch reading ease score (about 100) is straightforward and easy to read, with short sentences and no words of more than two syllables. Usually, a reading ease score of 60-70 is considered acceptable/normal for web copy.

Subscribe Now

Technologies

What powers this email? Every email we receive is parsed to determine the sending ESP and any additional email technologies used.

Subscribe Now

Email Size (not include images)

Font Used

No. Font Name
Subscribe Now

Copyright © 2019–2025 SimilarMail.