For the politicians and businesspeople who control and supply the military, the latter’s nobility is a convenient political and emotional tool.
Postelection rallies are common. They reflect hope. Performance in the first 100 days reflects reality. And President Donald Trump’s first 100 days are average.
According to the National Financial Conditions Index, the Federal Reserve’s tightening process hasn’t had an impact on the markets yet.
Efficient markets assume that all traders, as a group, know everything. This is good news for those worried about the situation in North Korea.
When even the richest of American cities start to struggle with pension problems, it shows you we’re approaching a crisis point.
All of our annual income tax payments effectively go to the annual military budget. To be frank, I’m concerned about our country ending up like Rome.
I have previously emphasized Gibraltar’s important role as a tax haven in the EU. Indeed, its pending fate could determine the success or failure of Brexit.
Could we soon see “AVO lanes” and “AVO zones” — as in “autonomous vehicles only” — as the next big thing on our highways and highly congested downtowns?
The Fed might be understating the fact that the labor market can improve. The economy is about 11.6 million jobs short of where it was before the recession.