U.S. households earning in the top 20 percent have seen their real incomes, adjusted for inflation, grow 46.2 percent since 1979, almost twice as much as any other income group, according to The Visual Capitalist.
Category: Homepage Featured
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2024: GOVERNMENT ATTACKS ON FREE SPEECH GROWING
If anyone thought Elon Musk’s efforts with the X social media platform were going to save free speech, current events are demonstrating otherwise.
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NETANYAHU’S NEW DEMANDS FOR CEASEFIRE RULES OUT DEAL, REPORT SAYS
Israeli Prime Minister Benjamin Netanyahu—who has blamed Hamas for refusing to agree to a ceasefire—has, in private, added new conditions to the deal that make any agreement nearly impossible, according to a report Tuesday.
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PUTIN RULES OUT PEACE NEGOTIATIONS WITH UKRAINE AFTER KURSK INCURSION, THREATS TO NUCLEAR PLANTS
Russian President Vladimir Putin on Monday rejected any further peace negotiations with Ukraine after accusing Kyiv of intentionally targeting civilians in its incursion inside Kursk and carrying out a drone attack on the Zaporozhye Nuclear Power Plant.
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ECONOMIC UPDATE—MARKET OVERVIEW
We note that old Great Depression song, “What a Difference a Day Made” to show how, in just “24 little hours” the equity markets, like life, can go from the sky being stormy to “moments of bliss.”
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YOU WANT A REVOLUTION/SOLUTION? IT SHOULD START WITH THIS…
I am of the opinion that Trickle Down Economics does not work. I have covered this at length many times.
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JOB GROWTH SLOWS SHARPLY, TANKING STOCK MARKETS
The U.S. economy added just 114,000 nonfarm jobs in July. The number was far below the 185,000 Dow Jones had expected, below June’s revised number of 179,000, and almost half of the 215,000 new jobs averaged over the past 12 months.
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GREEN TRANSITION F U TOO?
It’s not just EVs. The “green energy transition”—if by that, anyone means technology sans environmental impacts that can actually supply energy similar in levels and prices to the existing system—is a failing fantasy.
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IRAN’S SUPREME LEADER WARNS ISRAEL OF ‘SEVERE PUNISHMENT’ AFTER ASSASSINATION OF HAMAS OFFICIAL IN TEHRAN
Iran’s Ayatollah Ali Khamenei said in an open letter to the Iranian people that the “Zionist regime” in Israel will pay for its decision to assassinate a top Hamas official who had been staying in the country to attend the new president’s inauguration.
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SPOTLIGHT: NEW WORLD DISORDER
Here are a few of the latest disorders that are unfortunate negative trends that will make bad times much worse.