James Grant was one of three recipients of the 2019 Bradley Prize. Roger Kimball and Judge Janice Rogers Brown were likewise honored. At the May 7 award ceremonies at Washington, the famed editor of Grant’s Interest Rate Observer had this to say: * — Read on www.nysun.com/national/regime-change-for-the-fed-and-honest-rates/90694/
NASA has some good news, the world is a greener place today than it was 20 years ago. What prompted the change? Well, it appears China and India can take the majority of the credit. — Read on www.forbes.com/sites/trevornace/2019/02/28/nasa-says-earth-is-greener-today-than-20-years-ago-thanks-to-china-india/amp/
Seth Klarman, often called the “Oracle of Boston” because of his value-based investing style similar to that of Warren Buffett, criticizes current shortsighted business practices because they not only erode public confidence in capitalism, but also exploit our global human and environmental resources for the benefit of the elite “owner” class. Source: The Investor Seth Klarman, […]
Recent volatility in equity markets has sparked concern among investors as they have watched all of 2018’s returns vanish without a trace. This has been particularly nerve-racking for new investors who entered the market after the Great Recession and have never experienced a bear market or even a major correction for that matter. They have […]
Brent crude recently hit $85 a barrel on its way higher, possibly towards $100, a level some analysts expect by the end of the year. Although it is still a long way from the 2008 record of $147.50, prices in emerging market currencies, which have strongly devalued against the US dollar, are already exceeding the […]
BUENOS AIRES, Argentina (AP) — Soup kitchens are over capacity and barter markets have sprung up throughout communities as Argentines try to cope with a worsening economy and a currency that won’t stop spiraling down against the US dollar. Source: Argentines seek soup kitchens, barter markets amid crisis
The U.S. is experiencing one of the greatest wealth booms in history, but data is making it more clear that it is founded on unsustainable economic bubbles that appear ready to burst in the near future. Source: U.S. Household Wealth Is Experiencing An Unsustainable Bubble
Alissa Quart, author of the new book, Squeezed: Why Our Families Can’t Afford America, suggests that America’s middle class is being wiped out by a cost of living that far outpaces salary increases. A couple earning nearly $140,000 can’t make ends meet without taking after hours jobs? Tiny starter houses cost $680,000 and up? Highly educated […]
Minneapolis Officials Help Teen Get Permits for Hot Dog Stand How many times have we read about a story in which children tried to experiment with a lemon aid or hot dog stand that was closed down quickly and emotionlessly by cranky neighbors and overzealous city authorities? Sadly, it seems to happen a lot, making […]
Chris Martenson, Co-Founder of Peak Prosperity and author of “The Crash Course” provides us a science-based explanation for the apparent escalation in extremism and aggression around the globe, even in the US where we have always assumed that different ideas should not only be accepted but also celebrated as part of our diverse heritage […]