“The bottom line is that there’s no reason in a modern economy for a government to operate a business that delivers pieces of paper (any more than it would make sense to have government deliver pizzas).”
Source: The US Postal Service Is a Ridiculous Relic | Foundation for Economic Education
When will the top occur? The $64,000 question.
Source: Chart Of The Day: Stock Averages Up 3X More Than Nominal GDP Since 2007 Peak
Price inflation is accelerating. Easy money–quantitative easing–is having its effects on prices.
“The Labor Department said Thursday its producer price index for final demand rose 0.5 percent in June, versus analysts’ expectations of 0.3 percent.”
Source: US Producer Price Index up 0.5% in June vs. 0.3% increase expected
“For almost thirty years, I have taught climate science at three different universities. What I have observed is that students are increasingly being fed climate change advocacy as a surrogate for becoming climate science literate. This makes them easy targets for the climate alarmism that pervades America today. Earth’s climate probably is the most complicated …”
Precious metals prices will soar.
“We’re always assessing tools that we could use,” Mester told the ABC’s AM program. “In the US we’ve done quantitative easing and I think that’s proven to be useful. “So it’s my view that [helicopter money] would be sort of the next step if we ever found ourselves in a situation where we wanted to be more accommodative.
Source: Fed’s Mester Says Helicopter Money “The Next Step” In US Monetary Policy
Bernie is not leading a revolution. He is grasping for power.
Source: Target Liberty: The Sanders “Revolution” Was Just Put To Sleep
“They say that good things come to those who wait — and that couldn’t be truer for the bulls on Wall Street, according to one technical analyst.”
Source: A ‘very rare’ signal could send stocks to 2,400, says BofA
Both Republicans and Democrats are responsible for the lackluster ranking.
“CNBC unveils its 10th annual America’s Top States for Business ranking, scoring all 50 states on 10 key measures of competitiveness.”
Source: America’s Top States for Business 2016
Timing is everything in politics. Ron would get at least 20% of the vote in November if he were the Libertarian Party nominee.
“The last time people were this dissatisfied with presidential candidates, Ross Perot became a third-party success story. This year, however, there are new hurdles for outsiders.”
Source: Americans Really Dislike Trump, Clinton. So Why Aren’t Third Parties Doing Better?
The best ideas money cannot buy.
Source: The EPJ Research Room: An Open Letter to Donald Trump on Economic Policy
Bernie the peace candidate? Fuggedaboudit.
“The Democratic socialist senator has good reason to support the F-35 fighter jet program for Vermont. It’s all about jobs and the economy.”
Source: Why Bernie Sanders is backing a $1.5 trillion military boondoggle