Joe Wertz describes the brutal European heatwave, its immediate effects on daily life, infrastructure, and energy systems. He highlights systemic failures across health, transit, and real estate, noting Europe is the fastest-warming continent. The heatwave has made rivers too warm for nuclear cooling and reduced wind speeds, threatening power supplies.

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Joe Wertz 3.5
6/27/2026 3:27:45 PM
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Heatwave reduces wind speeds and makes rivers too warm for nuclear cooling, threatening power supplies. This could increase demand for oil-based energy generation, pushing WTI prices up in the short term.
yields
Heatwave damages infrastructure and real estate, requiring significant investment. Combined with energy price pressures, this could lead to higher inflation expectations, pushing yields up over the medium term.

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