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There is this speech in Steel Ball Run by the President of the United States.

It goes something like: when you sit at a round table, the seats are only apparently democratic. If you are the first to seize a napkin, be it on your left or on your right, you will be the one that decides what napkin all the other get.

I think often about this speech.

I surely thought about it this morning, when there were no places where to park my car, and I was in a hurry, and decided to park it anyway in a place where there *was* room to park and there *was* still room to go around my car in a safe way but decidedly there was *not* a diirect designation.

As i left my car, and took a last glance at it, and saw another person park directly behind me, I indeed thought "yes, seize the napkin"



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There is this speech in Steel Ball Run by the President of the United States.

It goes something like: when you sit at a round table, the seats are only apparently democratic. If you are the first to seize a napkin, be it on your left or on your right, you will be the one that decides what napkin all the other get.

I think often about this speech.

I surely thought about it this morning, when there were no places where to park my car, and I was in a hurry, and decided to park it anyway in a place where there *was* room to park and there *was* still room to go around my car in a safe way but decidedly there was *not* a diirect designation.

As i left my car, and took a last glance at it, and saw another person park directly behind me, I indeed thought "yes, seize the napkin"

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Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. “We have a ton of uncertainty right now,” said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. “We’re dealing with a war, we’re dealing with inflation. We don’t know what it means to earnings.” Although some channels have been removed, the curation process is considered opaque and insufficient by analysts. But Kliuchnikov, the Ukranian now in France, said he will use Signal or WhatsApp for sensitive conversations, but questions around privacy on Telegram do not give him pause when it comes to sharing information about the war. Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. "We as Ukrainians believe that the truth is on our side, whether it's truth that you're proclaiming about the war and everything else, why would you want to hide it?," he said.
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