US Services Surveys Show Continued Expansion In June: Jobs Up, Inflation Down

As we continue to celebrate the centennial of the birth of Murray Rothbard, Wanjiru Njoya reminds us that he never compromised his principles and stood for liberty throughout his all-too-brief life.

Market Warning Signs And The 'Perfect' Hedge Via Crescat Capital, We showed in prior letters that the US stock market has recently reached all-time high valuations across a variety of dimensions. Now, the market is flashing warning signals of a potential major market top based on a variety of divergent technical and cross-market indicators. We show four of these in this letter: New 52-week Highs vs. Lows Chart Normally, when a stock market index moves up and down, the underlying stocks reaching new 52-week highs minus those hitting new 52-week lows go up...

President Trump launched the war against Iran a little more than two weeks after he was briefed by Israeli Prime Minister Benjamin Netanyahu at the White House, The New York Times reported on Tuesday. Sources told the Times that the briefing took place in the White House Situation Room during Netanyahu’s visit to Washington on […]