I don’t typically send out Joan McCullough’s fabulous letters as they are seriously high-ticket, but she does allow me to send an interesting one from time to time. If you are a trading fund with a need to focus on US data, you should see about subscribing.

I pass this one on because she gets into the roots of the Long Beach Port back-up and its resolution. It involves automation (which is coming faster than we think) and unintended consequences. I just found it really fascinating. Starts about a page in.