Exxon & Chevron Shares Jump After Big Q1 Earnings Beat

Britain Is Pricing Its Factories Into Oblivion Authored by Ted Newson via CapX, At its peak, Britain was known as the workshop of the world. Sheffield produced high-quality steel, Manchester still had a strong textiles sector and the West Midlands was world-renowned for its cars. Glasgow, Sunderland and Newcastle were shipbuilding hubs, Stoke-on-Trent produced ceramics. Cities around Britain provided steady employment for skilled tradespeople, keeping communities together and wealth distributed around the country. In the 1980s and ’90s, this was underpinned by looser employment regulations and strong energy security through North Sea oil and gas....

No Kings - Except Moloch And Marx And Everyone Else Authored by Anthony Esolen via American Greatness, No kings? But millions of little queens of both sexes, tyrants in both public and private life, who would make sure, if they were in the position to do so, that I would pay dearly for the very sentence I am writing right now; who police both what you say and what you would very much like to be left alone not to say; who use exceptional cases to justify surveillance over people who...

Bad Inflation Cures Itself. Good Inflation Doesn't Authored by Lance Roberts via RealInvestmentAdvice.com, Key Takeaways Inflation driven by supply shocks is "bad" inflation, and bad inflation is self-liquidating because rising income doesn't support it. September headline CPI ran 3.7% while core sat at 2.6%. The gap is gasoline, up 34.2% over the year and now more than half of the monthly increase. Real wages have turned negative, and labor's share of output just set its lowest reading since the series began in 1947. The 10-year breakeven sits near 2.3%. The market that gets paid to...