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RT Kellan Grenier (@kellangrenier)Fin: The USD is going lower. Americans will be asked to tolerate slightly higher target inflation. In return, they get higher asset prices, across a broader mix of assets. Every child will be born with a head start. This gives us a chance to satisfy our massive debt burden.🇺🇸 ...
Why Did The Dollar Just Hit A 50-Year Low? - Chamath Palihapitiya
All-In Podcast· 2025-07-10 15:01
Chim, any thoughts here on the dollar. I think the dollar has devalued 50% in the last 35 or 40 years. So, I think it's somewhat useful to look at any single couple of months in time, but this has been a one-way trade for a very long time.And it's probably important to understand why that is. And I think it generally has to do with the fact that the United States finances a lot of growth and that has been the right decision. So unless you see a complete collapse in the currency, I suspect that this decay co ...
Euronav NV(CMBT) - 2019 Q1 - Earnings Call Presentation
2025-07-10 09:20
Q1 2019 Highlights - VLCC average spot rate in TI Pool was $35,195 per day, compared to $18,725 in Q1 2018[8] - VLCC average time charter rate was $27,630 per day[8] - Suezmax average spot rate was $27,380 per day, compared to $14,000 in Q1 2018[8] - Suezmax average time charter rate was $32,680 per day[8] - In Q1 so far, VLCC 535% fixed at around $26500 per day[12] - In Q1 so far, Suezmax 493% fixed at around $18000 per day[12] Financial Performance - Revenue increased to $232589 thousand in Q1 2019 from $98136 thousand in Q1 2018[13] - Net profit for the period was $19526 thousand in Q1 2019, compared to a loss of $39091 thousand in Q1 2018[13] - Result after taxation per share was $009 in Q1 2019, compared to $(025) in Q1 2018[13] - Cash increased to $1785 million in Mar-19 from $1730 million in Dec-18[15] Market Signals - US crude export outlook shows potential for growth to 2022[18] - Correlation between Euronav share price and new build VLCC value is 84%[25] - Demand 3% Supply 3% - VLCC $35K Q4 & Q1[26] Liquidity and Leverage - Liquidity increased to $785 million[17] - Leverage is 462% marked to market[16]