@labsoftwaredev.bsky.social
Develops medical laboratory software. Emphasis on medical billing. Former Treasury VP (risk mgmt stuff) at ridiculously global bank, gave that up when I figured out they ignored risk management.
We got a lot, 2nd highest after Paterson over here. I'm more or less under that 4.56 number.
September 13, 2026 at 6:24 PM
We got a lot, 2nd highest after Paterson over here. I'm more or less under that 4.56 number.
Inflation update, via Kroger results, from Almost Daily Grant's.
Money quote (literally):
"General Mills disclosed that its spending on logistics has ballooned by 40% year-over-year, thanks in part to skyrocketing diesel prices (hat tip: Adam Josephson at Sakonnet Research)."
Money quote (literally):
"General Mills disclosed that its spending on logistics has ballooned by 40% year-over-year, thanks in part to skyrocketing diesel prices (hat tip: Adam Josephson at Sakonnet Research)."
![Food fight! Kroger Co. took a red pen to its revenue outlook this morning, guiding full-year same store sales growth (excluding fuel) to 0.5% at the midpoint, down from a prior 1.5% outlook and the Street’s 1.3% guesstimate.
Kroger, the nation’s largest grocery store by sales after Walmart and Costco, is working to bolster its market share by “investing in price to show value to an inflation-squeezed consumer,” as Evercore ISI analyst Greg Melich puts it. Yet with scaled back SNAP benefits and elevated fuel costs piling pressure on household budgets, shoppers “are buying more on need,” CEO Greg Foran relayed on the earnings call.
On that score, imminent relief will be hard to come by. As Bloomberg points out, the likes of Conagra Brands, McCormick and Campbell’s have recently detailed plans to raise prices in the coming months to help offset bulging costs. Earlier this week, General Mills disclosed that its spending on logistics has ballooned by 40% year-over-year, thanks in part to skyrocketing diesel prices (hat tip: Adam Josephson at Sakonnet Research).
“There are effectively no major cost sources where [food companies] have seen relief,” Ricky Volpe, professor of agricultural economics at California Polytechnic State University, told Bloomberg today. “A lot of major retailers and manufacturers and wholesalers have been eating it a little bit, seeing their margins decrease a little bit and trying to keep prices low – but that can’t last forever.”](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:p7m4ffaveaav2uzkwn44755u/bafkreih3qntxqxvrb5rclyp3i4ptluf5ywsfmg3e7kg2dlciiev2ofu5rq)
September 12, 2026 at 10:58 PM
Inflation update, via Kroger results, from Almost Daily Grant's.
Money quote (literally):
"General Mills disclosed that its spending on logistics has ballooned by 40% year-over-year, thanks in part to skyrocketing diesel prices (hat tip: Adam Josephson at Sakonnet Research)."
Money quote (literally):
"General Mills disclosed that its spending on logistics has ballooned by 40% year-over-year, thanks in part to skyrocketing diesel prices (hat tip: Adam Josephson at Sakonnet Research)."
Best Star Trek crew, wrong answers only.
September 11, 2026 at 9:41 PM
Best Star Trek crew, wrong answers only.
From Almost Daily Grant's:
"Treasury Secretary Scott Bessent’s Tuesday proclamation that “I am the house now. . .” was followed one day later with an underwhelming announcement of $6 billion in long-term debt buybacks – equivalent to only a few minutes of average daily trading volume."
"Treasury Secretary Scott Bessent’s Tuesday proclamation that “I am the house now. . .” was followed one day later with an underwhelming announcement of $6 billion in long-term debt buybacks – equivalent to only a few minutes of average daily trading volume."
September 11, 2026 at 12:08 AM
From Almost Daily Grant's:
"Treasury Secretary Scott Bessent’s Tuesday proclamation that “I am the house now. . .” was followed one day later with an underwhelming announcement of $6 billion in long-term debt buybacks – equivalent to only a few minutes of average daily trading volume."
"Treasury Secretary Scott Bessent’s Tuesday proclamation that “I am the house now. . .” was followed one day later with an underwhelming announcement of $6 billion in long-term debt buybacks – equivalent to only a few minutes of average daily trading volume."
With Yemen in the news this morning, my fave historical incident that should be a movie. Someone needs to do a Hollywood epic on this.
![Imam Ahmad bin Yahya inherited the Yemeni throne in 1948.[17] In 1955, Iraq-trained Colonel Ahmad Thalaya led a revolt against him. A group of soldiers under his command surrounded the royal palace of Al Urdhi at Taiz—a fortified stronghold where the Imam lived with his harem, that also housed the royal treasure, an arsenal of modern weapons, and a contingent of 150 palace guards—and demanded that Ahmad abdicate. Ahmad agreed, but demanded that his son, Muhammad al-Badr, succeed him. Thalaya refused, preferring the king's half-brother, the Emir Saif el Islam Abdullah, the 48-year-old foreign minister. While Abdullah began forming a new government, Ahmad opened the country's coffers and secretly began buying off the Thalaya's soldiers. After five days, the number of soldiers besieging the palace was reduced from 600 to 40. Ahmad then came out of the palace, wearing a devil's mask and wielding a long scimitar, terrifying the besiegers. He slashed two sentries dead before exchanging the sword for a sub-machine gun and leading his 150 guards onto the roof of the palace to begin a direct attack on the rebels. After 28 hours, 23 rebels and 1 palace guard were dead, and Thalaya gave up. Abdullah was later reported executed, and Thalaya was publicly decapitated.[18]](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:p7m4ffaveaav2uzkwn44755u/bafkreiccub3cbn47cu6v3ksrffvf6fgw76soowplvghqf53i22x5mlmcau)
September 10, 2026 at 2:14 PM
With Yemen in the news this morning, my fave historical incident that should be a movie. Someone needs to do a Hollywood epic on this.
Words cannot describe how much I despise this book, and the stupid ideology behind it.
It skims the Dark Ages (yes, the Dark Ages. Fuck you.) in Europe attempting to prove that it wasn't a filthy, disease-ridden, underpopulated backwater. I mean, white people could never have, right?
It skims the Dark Ages (yes, the Dark Ages. Fuck you.) in Europe attempting to prove that it wasn't a filthy, disease-ridden, underpopulated backwater. I mean, white people could never have, right?
September 10, 2026 at 1:32 AM
Words cannot describe how much I despise this book, and the stupid ideology behind it.
It skims the Dark Ages (yes, the Dark Ages. Fuck you.) in Europe attempting to prove that it wasn't a filthy, disease-ridden, underpopulated backwater. I mean, white people could never have, right?
It skims the Dark Ages (yes, the Dark Ages. Fuck you.) in Europe attempting to prove that it wasn't a filthy, disease-ridden, underpopulated backwater. I mean, white people could never have, right?
Just saw it & read up about it. This to me was the punchline though. I mean, the only thing keeping his lungs together must have been the tar from the cigars:
September 9, 2026 at 1:30 AM
Just saw it & read up about it. This to me was the punchline though. I mean, the only thing keeping his lungs together must have been the tar from the cigars:
Finance ended the week with quite a bang when it comes to "innovation", it seems. From Almost Daily Grant's:
![From the ever-bulging financial innovation files: Coinbase Global announced yesterday it has filed paperwork with the SEC seeking permission to offer single-stock perpetual futures in the U.S. Pending the regulatory green light, American punters can soon place leveraged wagers on individual names around the clock, without actually owning (or shorting) any equity. Back in late May, the Commodity Futures Trading Commission approved Kalshi’s petition to feature so-called perps tracking bitcoin, while Coinbase rolled out the single-stock derivatives for international customers that same month.
Speculators outside the 50 states can broaden their horizons beyond cash equities, as Polymarket debuted dozens of perpetual contracts yesterday offering up to 20 times leverage. The prediction market, which promised the “deepest liquidity [and] lowest fees” in a social media post, offers wagers tracking the likes of Apple, as well as Brent crude and Fartcoin, though the contracts will trade offshore and are unavailable to U.S. investors (sorry, Warren Buffett).](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:p7m4ffaveaav2uzkwn44755u/bafkreiev2b7scxj5nc4p2pof6jjwiei3mlbwfipnps4fnqvaaxtdbxetpy)
![Asked by Robinhood CEO Vlad Tenev to explain his concern, Aron replied that “the list of concerns is almost existential . . . Your stock token pretend[s] to be some form of stock ownership, but disclosures to the contrary notwithstanding, they are not ownership and they deprive investors of their rights.”
A feature, not a bug, perhaps.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:p7m4ffaveaav2uzkwn44755u/bafkreidp2cj2ixrtcl2uuexchl4mzgcmpaw7ocih4ggb3hlsf6w5rao2fa)
September 5, 2026 at 6:58 PM
Finance ended the week with quite a bang when it comes to "innovation", it seems. From Almost Daily Grant's:
No surprise here.
September 4, 2026 at 1:21 PM
No surprise here.
Bessent does bonds, DOE does gasoline. Full court press on manipulating the markets to keep rates & inflation down.
August 20, 2026 at 6:07 PM
Bessent does bonds, DOE does gasoline. Full court press on manipulating the markets to keep rates & inflation down.
We know MRNA isn't in SPXEW, but it sure looks that way.
August 19, 2026 at 1:50 PM
We know MRNA isn't in SPXEW, but it sure looks that way.
Someone ran an arbitrage on this at the end, it looks like. Quite a chart for SPXEW.
August 18, 2026 at 9:45 PM
Someone ran an arbitrage on this at the end, it looks like. Quite a chart for SPXEW.
CL action since Trump's post at 8:30 AM. Total indecision.
August 18, 2026 at 3:12 PM
CL action since Trump's post at 8:30 AM. Total indecision.
It amazes me this happens:
August 18, 2026 at 2:23 PM
It amazes me this happens:
SP500 corp bond index has recovered all its losses from 2022. It's been dancing on either side of its 100 day ma. One of the things I'm watching. Two problems here:
1 - if rates need to rise, we know Warsh is useless.
2 - if rates do rise, all that AI debt is going to look a LOT less attractive.
1 - if rates need to rise, we know Warsh is useless.
2 - if rates do rise, all that AI debt is going to look a LOT less attractive.
August 17, 2026 at 2:09 AM
SP500 corp bond index has recovered all its losses from 2022. It's been dancing on either side of its 100 day ma. One of the things I'm watching. Two problems here:
1 - if rates need to rise, we know Warsh is useless.
2 - if rates do rise, all that AI debt is going to look a LOT less attractive.
1 - if rates need to rise, we know Warsh is useless.
2 - if rates do rise, all that AI debt is going to look a LOT less attractive.
So I have one of these (somewhat smaller natch) in my front yard, it makes a good privacy screen. I was pruning and mulching under it today and noticed some bird or other had made a nest in it in the center where the most massive branches come out. Impressive nest, no idea what bird though.
August 9, 2026 at 7:31 PM
So I have one of these (somewhat smaller natch) in my front yard, it makes a good privacy screen. I was pruning and mulching under it today and noticed some bird or other had made a nest in it in the center where the most massive branches come out. Impressive nest, no idea what bird though.
It's really funny how the Raritan River, which empties right around Staten Island, defines north vs south Jersey. Weather in the north very frequently radically diverges from weather in the south.
August 7, 2026 at 10:10 PM
It's really funny how the Raritan River, which empties right around Staten Island, defines north vs south Jersey. Weather in the north very frequently radically diverges from weather in the south.
The end of the Civil War, or the nation that once was, and could be again, if we rid ourselves of our ridiculously bloated military, not to mention ICE, DHS, and a host of other useless parasites who do nothing but endanger us with their faux martial bullshit.
August 4, 2026 at 12:38 AM
The end of the Civil War, or the nation that once was, and could be again, if we rid ourselves of our ridiculously bloated military, not to mention ICE, DHS, and a host of other useless parasites who do nothing but endanger us with their faux martial bullshit.
This is nuts.
July 30, 2026 at 2:26 PM
This is nuts.
Meadow rue. The classic habitat, which I got to see once, before the deer started to eat it, is in a dark forest by a babbling brook. The bright white flowers are like nothing on Earth. It’s like stumbling into a fairy land.
July 27, 2026 at 3:40 AM
Meadow rue. The classic habitat, which I got to see once, before the deer started to eat it, is in a dark forest by a babbling brook. The bright white flowers are like nothing on Earth. It’s like stumbling into a fairy land.
The chance June 2 was the peak for the year is getting stronger.
It's that red six in the below.
It's that red six in the below.
July 23, 2026 at 5:05 PM
The chance June 2 was the peak for the year is getting stronger.
It's that red six in the below.
It's that red six in the below.
Probably nothing.
July 22, 2026 at 6:49 PM
Probably nothing.