Dowd: US Disabilities Hit An All-Time High Of 37 Million In July: UP 23% Since Feb 2021

Jefferies Identifies High-Quality Energy And Materials Stocks As Cyclical Rotation Accelerates Jefferies analyst Lloyd Byrne wrote in a note on Monday that surging refined-product margins, stronger gas-fired power demand, and improving earnings estimates are providing clear tailwinds for energy stocks, even as valuations and technicals appear stretched. Byrne showed that the clearest source of strength in the energy market is refining. The six-month New York Harbor diesel-to-crude spread topped $100 (HOCL1 Index on Bloomberg) and has moved in close tandem with the Energy Select Sector SPDR Fund (XLE). Included in the "10...

China's Foreign Minister To Rubio: Taiwan Is 'Biggest Risk Factor' In US-China Relations Authored by Dave DeCamp via AntiWar.com, Chinese Foreign Minister Wang Yi spoke with US Secretary of State Marco Rubio and told him that the issue of Taiwan is the"biggest risk factor" in relations between Washington and Beijing, Chinese media has reported. "The Taiwan issue concerns China’s core interests and is the biggest risk factor in China-US relations," Wang said, according to The South China Morning Post, which cited China’s CCTV broadcaster. Chinese Foreign Minister Wang Yi (Chinese Foreign Ministry photo) "The US side...

The Appalachian region, while always relatively poor, had strong families and institutions that held things together. In the aftermath of the expansion of the welfare state and the shrinking of the iron, steel, and coal industries, we have seen social breakdowns and increasing drug addiction.