When good news is bad, the wisemen are all fools once again

Cracked 1887 coin on cracked ground with stormy city skyline and lightning

Two weeks in a row an economic report, first on jobs, then on retail spending, smashed expectations, only to be simultaneously dismissed as a positive trend and used as an excuse to raise interest rates. Two weeks ago, the moribund United States job market received a much needed jolt, when the May report from the… Continue reading When good news is bad, the wisemen are all fools once again

Biden and the free word on the brink

The President’s trip to Europe was marred by unforced errors, a lack of any coherent strategy, no new and creative plans, and a general sense that trying hard is good enough.  Abraham Lincoln at Gettysburg Biden certainly is not.  Instead, it seems he’s angling for the first Presidential Participation Trophy. Last week, President Biden traveled… Continue reading Biden and the free word on the brink