The following article, Larry Elder: Random satire, was first published on BizPac Review. Op-ed views and opinions expressed are solely those of the author. The California Highway Patrol denies a rumor that the prosecution dropped DUI charges against House speaker […] Continue reading Larry Elder: Random satire …
Bears Are Taking Over The Options Market The bears are taking over the equity options market. As Bloomberg markets live reporter and commentator, Cormac Mullen, details, the 10-day moving average of put options traded in the US stock market – a gauge of speculative downside protection bets – has pushed above the equivalent for bullish
While decomposing inflation into its constituent parts is empirically tricky, its essence is simple. Inflation results from too much money chasing too few goods. Milton Friedman popularized this rule of thumb. Its combination of intelligibility and explanatory power explains why it’s still widely used. But not everyone got the memo. Politicians, bureaucrats, journalists, and Very
Initial claims for regular state unemployment insurance fell 2,000 for the week ending June 18, coming in at 229,000. The previous week’s 231,000 was revised up from 229,000 (see first chart). By long-term historical comparison, initial claims remain very low. However, the four-week average rose for the tenth time in the last eleven weeks, coming
When the uber neo-con Institute for the Study of War is conceding, reluctantly, that Russia is carving up the Ukrainians in the Donbas, it is an unmistakable sign that something big is up. Here is the ISW’s spin: Reinforced Russian air-defense systems in eastern Ukraine are increasingly limiting the effectiveness of Ukrainian drones, undermining a
No F-22 Raptor Retirements? The U.S. House and Senate Armed Services Committees are working to mandate the Air Force to upgrade its fleet of F-22 Raptor fighter jets. The Air Force sought to retire the older-model airframes, pointing to the fleet’s expensive maintenance and diminishing value to justify its rationale. Chairman of the House Armed Services
What makes the Seawolf-Class so special? During the Eisenhower administration, as the Cold War peaked and the world order hung in the balance, the Soviets and Americans were locked in a grueling arms race. On land, and in the air and sea, both nations rushed to out-design and out-produce their nemesis, with an urgency and paranoia
Roske apparently told detectives that he wanted to “give his life a purpose” by murdering Justice Kavanaugh
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