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

Since when do progressives give the slightest shit about high oil prices?

Despite calling for higher prices for years, we’re supposed to believe that progressives had a recent epiphany or at least that’s what they would like you to think if you happen to have the memory of a gold fish.  In one of those ironies that so frequently seem to define the modern world, Yahoo Finance… Continue reading Since when do progressives give the slightest shit about high oil prices?