April Money Supply Growth Hit a 49-Month High. And Prices Soared.

"Stocks Should Go Up, Not Down": Trump Rages At Market Reaction To 'Great' Jobs Report Global capital markets are a mess following this morning's hotter than expected rise in US employment. Nasdaq is down 2%... Yields are spiking dramatically... The dollar is rampaging higher... And Gold (and bitcoin) are getting clubbed like a baby seal... All of which prompted President Trump to exclaim that "stocks should go up, not down" on the back of a strong jobs report: It appears the President has not been watching for the last couple of decades as The Fed has...

LA Does Not Love LA Authored by Arthur Schaper via American Greatness, Rolling down Imperial Highway Sweet Nasty Redhead on my side Santa Ana winds blowing hot from the north We were born to ride. I love Randy Newman, and I love his signature song "I Love LA." When he won the mayor's race in 2001, James Hahn played that anthem to celebrate his victory. From city attorney to mayor, Hahn worked to ensure some decency and competence in the city. Fast forward to today, and Los Angeles is a hollowed-out, burned-out, blown-out shell of what...

What Would A Bank Run Look Like Today? Authored by Jeffrey Tucker via The Epoch Times, The movie “It’s a Wonderful Life” (1946) features what is today the most famous bank run. It’s film and fiction, yes, but fits with a scenario that has been common for centuries. When the movie came out, the bank runs of 1930–1932 were very much in people’s memory. For older people, they remember the Panic of 1907. Before that, there was the Panic of 1893, the Panic of 1873, the Panic of 1837, and the...