The EU Taxes Vehicles from China that its Own Companies Make
Tyler Mitchell One wonders how idiotic tariff policy can get. Competition is stiff between Biden, the EU, and Trump. German…
Ukraine Ditches Pricey US Drones, Goes for Affordable Chinese Options Instead
Emily Hudson Drones from American startups are glitchy and expensive prompting Ukraine to turn to alternatives from China. The Wall…
What Happened to the Biden Surge After Trump Was Convicted?
Was there a surge? Or was it a mirage? A few polls showed slight improvement for Biden immediately…
New Home Sales Rise 8.8 Percent After 3.8 Percent Negative Revision
The Census Bureau revised February seasonally adjusted annualized sales from 662,000 to 637,000 and reports March at 693,000.…
The Price of Chocolate is Skyrocketing, Cocoa Futures Hit Record High
Like Chocolate? Who doesn’t? But expect to pay more. There’s two reasons, and one reason will spread to…
The Producer Price Index Unexpectedly Declines in May
The producer price index (PPI) was not just soft in May, it went negative for the month, 0.3…
Having Trouble Sleeping? Can You Afford a New Mattress?
Protectionists want 745% tariffs on mattresses. Prepare to pay much more despite having the highest prices in the…
Bonds Yields Jump Again Wiping Out the May Treasury Rally
It’s been a tough year for US Treasury bulls. The rally that began in late April on hopes…
Competing Forces on Rent, Where Do We Put 8 Million Illegal Immigrants?
Millions of immigrants keep pouring in. New residential construction has stalled and multi-family construction is in decline. Completions…
China Crossed Biden’s Red Line on Ukraine, So What?
It’s ridiculous to have red lines if you are not going to do anything when they are crossed.…