Snapshots That Wow!

Not losing is winning in power!

AT&C losses are a combination of energy loss (Technical loss + Theft + inefficiency in billing)& commercial loss (Default in payment + inefficiency in collection). A big part of why DISCOMS (power distribution companies) across the country were in such poor financial condition was owing to high AT&C losses. This is a change that isn’t talked about enough.

Source :Tata Power Presentation

No love lost here!

Dating apps globally are losing their sheen with monthly active users having peaked in 21-22 during the opening up phase post COVID lockdown.

The pressure to consume is too damn high!

11% of credit card balances in the US are now 90+ days delinquent, the highest since 2012.

Source: New York Fed

Wake me up, when September ends!

Bond traders are now more bullish of 10-year Treasuries than any other period on record. Open interest in 10-year note futures jumped to almost 5 million contracts on Tuesday, implying that traders expect further bond gains.

Over the last 2 years, open interest has skyrocketed by 2 million contracts as inflation in the US has gradually declined.

Source: Kobeissi Letter

The real explosion!

“Global nuclear capacity is set to rise by over 75% With global pledges to boost nuclear capacity by 2050, the prospects for nuclear power's future are promising.”

Source: Visual Capitalist

Where it all began…

Pangea, the supercontinent that existed around 300 million years ago, shown with the borders of modern countries.