SOUTHCOM Blows Up Three Boats in the Waters of Latin America, Killing 11 People

A Second Amendment Roadmap For The Next Attorney General Authored by Aidan Johnston via Gun Owners of America, President Trump campaigned on restoring robust protections for the Second Amendment. Yet more than a year into his second term, gun owners feel disillusioned, and many are planning to sit out the midterm elections. Having viewed President Trump’s election as a generational opportunity to course-correct, the stark reality is that not all that much has changed with respect to the nation’s gun laws. Gun owners’ frustration centers not on the Administration’s broader record, but on...

Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy With JOLTs data showing record hiring (and ADP signaling acceleration in job additions), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)... Source: Bloomberg Non-seasonally adjusted across all the states saw a 299k drop in claims led by Rhode Island and Arizona (California and Michigan saw the biggest increases)... Continuing jobless claims also...

Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall Submitted by Thomas Kolbe A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not already removed themselves from the equation through grotesque political interventions long before the crisis. For European...