🔹Key Beneficiaries: L&T | ABB | Siemens | Schneider | Blue Star | KEC ( No buy/sell reco )
🔹Mumbai leads (49% share), followed by Chennai & Delhi-NCR in DC .
🔹AI & Cloud demand accelerating growth
why I’ve learned making a truly American-made, American-wool sweater is so darn difficult:
because there is no simple leap from sheep to finished garment. there are a whole lot of steps in between, and each one is a potential choke point requiring specialized equipment, labor, expertise, and scale that the US has largely lost through globalization, offshoring, regulation, and industrial collapse.
it’s incredibly hard to centralize into one efficient domestic pipeline. Instead, wool often gets shipped all over the country between steps, or exported raw, which wrecks both economics and traceability.
all the steps from sheep the sweater:
1. wool grown on American sheep farms
(sheep numbers are way down; much of the wool clip comes from meat breeds or coarser fleeces, with fewer apparel-grade flocks)
2. shearing
(a brutal seasonal trade with too few skilled shearers left)
3. skirting, sorting, and grading the raw fleece
(manual quality control to remove manure, tags, and junk, and to separate by fineness, length, and overall quality)
4. scouring
(washing out lanolin, grease, dirt, and vegetable matter. this is one of the biggest bottlenecks in the whole chain)
5. carding, and combing if a worsted yarn is desired
(to align fibers into sliver or roving for spinning)
6. spinning into yarn
(another major bottleneck, especially at commercial scale)
7. dyeing the yarn, or sometimes the fiber/top
(a specialized and heavily regulated process)
8. knitting the sweater panels, or the full garment
(requires expensive industrial machinery and people who know how to run it)
9. assembly
(linking and seaming panels, attaching sleeves, collars, and finishing components)
10. finishing
(fulling, washing, blocking, labeling, inspection, and quality control)
one weak link, one mill closure, one missing processor, and the whole batch can die or take too long to keep economically viable.
that’s why real American-wool sweaters are rare and expensive. Not because nobody wants them, but because the domestic infrastructure to make them at scale barely exists.
meanwhile in China:
they buy our raw American wool by the container, then run the entire process in giant vertical clusters (dozens of modern scouring plants, spinning mills the size of small cities, and places like Puyuan — the “sweater capital of the world” — cranking out 700+ million wool sweaters a year). Everything is within a few kilometers, 24/7, with scale and labor that make it profitable.
it’s not impossible to do this here in America, but several things need to happen before we can reliably turn American sheep to American sweater at scale:
1. massive capital investment in the choke points, especially new commercial scouring plants (we’re down to just a couple) and modern spinning mills that can actually handle volume. One big player or consortium could change everything.
2. incorporating advanced textile manufacturing technologies into the mix like @kaiarhodes at @anatar is doing are essential to compete with China as well.
3. fix the shearer shortage. National training programs, apprenticeships, and incentives to attract/retain skilled labor (a lot of our best shearers fly in from New Zealand and Australia right now).
4. smart policy support, such as targeted tariffs on finished wool imports, expanded Farm Bill wool incentives, tax credits for domestic processing, and “Buy American” rules for uniforms/military (they already source a ton of wool, this is good, we need to keep it here).
5. real vertical integration or tight regional clusters: farms + mills + knitters + brands working together under one roof or one contract, like the few bright spots (Mountain Meadow Wool in Wyoming, or the model some regenerative farms are testing). No more wool criss-crossing the country. This is exactly vision @kjp and I have been championing here in New England.
6. sustained consumer demand with enough people who actually seek out and pay the premium for traceable American wool so the economics of it all work. Marketing, transparency, and brand partnerships will be key.
🧵 1/11 Imagine a world where it rained...for two million years straight. Not a drizzle, but biblical downpours that reshaped the planet, wiped out half the species, and set the stage for dinosaurs to rule. This isn't sci-fi, it's the Carnian Pluvial Event (CPE), Earth's wildest weather tantrum that took place 232 million years ago. Grab your rain gear because we are diving in!
2/11: Let's set the scene. It's the Late Triassic, about 234-232 Ma. The supercontinent Pangea dominates, with vast deserts and arid lands. Life is recovering from the Permian mass extinction, but things are tough—dry, hot, unforgiving. Then, boom: massive volcanoes erupt in what's now western Canada (Wrangellia Province).
3/11: These eruptions spew trillions of tons of CO2 and other gases, supercharging global warming. Temperatures spike, oceans acidify, and the hydrological cycle goes into overdrive. Suddenly, arid Pangea turns into a soggy mess. Rain falls in megamonsoons, flooding deserts, eroding landscapes, and creating new rivers and lakes. And it just doesn't stop.
NEW—In a phone interview, President Trump told me the war could be over soon: “I think the war is very complete, pretty much. They have no navy, no communications, they’ve got no Air Force.” He added that the U.S. is “very far” ahead of his initial 4-5 week estimated time frame.
Asked about Iran’s new Supreme leader Mojtaba Khamenei, who Trump has openly criticized, he said, “I have no message for him. None, whatsoever.” Trump said he has someone in mind to replace Khamenei, but he did not elaborate.
As for the Straight of Hormuz, Trump noted that ships are moving through now, but he is “thinking about taking it over.”
Trump warned Iran, “They’ve shot everything they have to shoot, and they better not try anything cute or it’s going to be the end of that country.”
Jeez - these numbers for Europe are absolutely bonkers
China's trade data for the first 2 months of the year.
Exports to the EU up 27.8%
Exports to Germany up 31.3%
Exports to Netherlands up 17.9%
Exports to France up 31.9%
Exports to Italy up 36.4%
For imports, a slightly better picture for Europe
China's imports from the EU +11.7%
from Germany + 4.9%
from Netherlands -5.1%
from France +28.2%
from Italy +10.6%
Total exports jumped 21.8 per cent from a year earlier – the biggest gain in four years – to US$656.58 billion in the combined figures for January and February released by customs authorities on Tuesday.
What happens when you embrace life as a trader, living on your own PnL
1) you treat the general volatility of life with equanimity, sh*t happens everyday in the portfolio and its a reflection of life. Most people want to suppress vol (salary, stability etc)
2) it becomes impossible to live any other way. Making money and freedom by using your mind, instincts, experience etc is an amazing feeling and trading time for money becomes totally anathema
3) Good traders develop incredible mental flexibility. This ripples through your life and you become more accepting of different views, opinions and ways of seeing the world. Changing your mind in mkts is key to making money and it translates into everyday life in a nice way.
🚨BREAKING: AI can now evaluate deals like Blackstone PE analysts who close $10B acquisitions (for free).
Here are 12 insane Perplexity Computer prompts that do due diligence in minutes (Save for later)
1. The Blackstone Deal Screening Framework
"You are a senior associate at Blackstone Private Equity who screens 500+ potential acquisitions per year to find the 5-10 deals worth pursuing — because saying no quickly is worth more than saying yes slowly.
I need a complete initial deal screening analysis that tells me in 10 minutes whether this company is worth a deeper look.
Screen:
- Business overview: what the company does, who it serves, and how it makes money in 3 sentences
- Revenue and EBITDA: current annual revenue, EBITDA, and EBITDA margin vs industry average
- Growth trajectory: revenue and EBITDA growth rate over the last 3-5 years (accelerating or decelerating)
- Market position: #1, #2, or #3 in its niche, or a fragmented market with no clear leader
- Customer concentration risk: does any single customer represent more than 15% of revenue
- Recurring revenue percentage: how much revenue is subscription, contract, or repeat vs one-time
- Capital intensity: does this business require heavy ongoing investment (capex) or is it asset-light
- Owner dependency: would the business collapse if the founder left tomorrow
- Obvious red flags: lawsuits, regulatory risk, declining market, or technology disruption threats
- 60-second verdict: pursue, pass, or watch with the single most important reason
Format as a Blackstone-style deal screening memo with a traffic light rating (green/yellow/red) and a go/no-go recommendation.
The company: [ENTER COMPANY NAME, INDUSTRY, APPROXIMATE REVENUE IF KNOWN, AND WHY THIS DEAL CROSSED YOUR DESK]"
2. The KKR Industry and Market Assessment
"You are a senior principal at KKR who evaluates the industry landscape before committing billions to an acquisition — because even a great company in a dying industry is a bad investment.
I need a complete industry analysis determining whether this market is worth investing in for the next 10 years.
Assess:
- Market size and growth: total addressable market in dollars and projected annual growth rate for the next 5-10 years
- Industry lifecycle stage: emerging, growing, mature, or declining with supporting evidence
- Secular tailwinds: what long-term trends (demographics, regulation, technology) are pushing this industry forward
- Secular headwinds: what forces could slow or reverse industry growth
- Competitive landscape: how many serious competitors exist and how is market share distributed
- Barriers to entry: what stops new competitors from entering (regulation, capital, technology, relationships)
- Customer dynamics: are customers growing, consolidating, or gaining bargaining power
- Supplier dynamics: are key suppliers concentrated and do they have pricing power over the industry
- Regulatory environment: is regulation increasing (risk) or creating moats for incumbents (opportunity)
- Industry profitability: average EBITDA margins for the sector and whether they're expanding or compressing
Format as a KKR-style industry assessment with a market map, growth projections, and a clear attractive/unattractive verdict.
The industry: [ENTER THE INDUSTRY OR SECTOR AND THE SPECIFIC COMPANY YOU'RE EVALUATING WITHIN IT]"
I'd been looking at PAC contributions when I should have been looking at the people who actually have daily access to the Capitol - the media. The true lobbyists.
Punchbowl News represents a whole lot of powerful industries and they are unflinching admirers of Senate Majority Leader John Thune.
John Thune is the "paid influencer ecosystem." 𝕏 merely exposed how that machinery works in the Senate.
Just look at the posts of @AndrewDesiderio , their senior Senate "correspondent." Almost every single one is about defeating the SAVE America Act and praising Thune.
Punchbowl isn't shy about where their money comes from. Founder Jack Sherman himself admitted that 90% of Punchbowl's revenue is from "corporate sponsorships." They made 10 million dollars in revenue their first year... what kind of "journalist" company pulls that off?
The podcast featuring them outright describes their business model as getting their money from "sponsorships bought by trade groups and companies looking to get their public affairs messaging in front of those making and influencing policy."
Punchbowl got in ethical hot water when they treated a whole bunch of lobbyists to luxury box seats at a NFL game.
If you want to know why SAVE America Act is being slow-walked...
Start with @PunchbowlNews .
. @AndrewDesiderio do you want to share which of your employer's clients are against the SAVE America Act, or should I figure it out myself?
Thune access timeline documented: Five distinct confirmed Punchbowl-Thune interactions between Sept. 2025 and March 2026, including two Fly Out Day appearances. Punchbowl's Feb. 26, 2026 piece declaring the "talking filibuster dead" was the key conventional wisdom-setting event, published before Trump's March 9 ultimatum, using Thune's framing and characterizing SAVE Act supporters as a caucus "tearing itself apart."
⚡️Fake about casting agency Centrocast, allegedly connected to Volodymyr Zelenskyy, claiming that "in 2010 it was involved in trafficking underage girls for J.Epstein"
Original source of this claim is website "Epstein Files Database," created only month ago on February 3rd, 2026
Authors of publication themselves admit that the "evidence" mentioned in the video is currently "unavailable," which is a clear sign of creating an informational "bubble" without real basis.
✅ A check of the official U.S. Department of Justice registry (Epstein Library section) as of March 10, 2026, confirmed that there are no mentions of the Centrocast agency or individuals named in the fake investigation in the materials of the real Epstein case.
. @PunchbowlNews would you like to comment on this business model I've reversed engineered of how you keep @LeaderJohnThune in line?
@PunchbowlNews @LeaderJohnThune Punchbowl, would you also like to comment on how virtually every major sponsor of yours has donated to John Thune for a total of 1.2 million?
@AndrewDesiderio , any comments?
@PunchbowlNews @LeaderJohnThune @AndrewDesiderio By the way ... the only people who are sponsoring me on this are my $3/month subscribers. I don't know any heavy hitter here who's been approached to go against SAVE America Act.