Legendary economist Thomas Sowell was interviewed by the Hoover Institute recently and was asked about the politics of today. With his eloquence and cynicism of United States politics, Sowell stated that he was baffled at how the American people wanted to replace one “glib egomaniac” (Barack Obama) with another “glib egomaniac” (Donald Trump). Sowell also […]
Archives for June 2016
WalletHub study looks at best, worst state economies in 2016
What are the best and worst state economies in the United States today? WalletHub attempts to answer that question with a new study that looks at economic activity, economic health and innovation potential. In its analysis of 50 states and the District of Columbia, WalletHub listed the best and worst state economies (no surprise, D.C. […]
Silver coin sales exceed four million ounces for fifth straight month
Precious metals are in demand. Despite gold and silver taking a beating in May because of a potential rate hike from the Federal Reserve this summer, investors are still high on bullion. Interestingly enough, silver sales are just as big as gold sales. According to new numbers from SchiffGold, the United States Mint sold 4,498,500 […]
Fed Chair Janet Yellen says it’s still ‘appropriate’ to gradually raise interest rates
Will they or won’t they? That’s what markets are wondering after a disappointing United States jobs report in May. According to the CME Group FedWatch tool, the market thinks there’s a six percent chance of the Federal Reserve raising interest rates this month. The market also pegs a July rate hike at 37 percent. But […]
Video: Bernie Sanders supporters like idea of laptops, iPads for all if they cast vote for him
If you cast a vote for Bernie Sanders in the California primary, you’ll receive a laptop or an iPad. Amazing, huh? Well, it’s not true at all, but his supporters believe it, according to a new video by media analyst Mark Dice. He recorded another man on the street video, in which he spoke to […]