It’s official: All of the job gains since 2010 have been wiped out. On Thursday, the U.S. government reported the latest initial jobless claims: 4.4 million, which was higher than the median estimate of four million. In total, more than 26 million Americans have lost their jobs in just five weeks. Or, put another way, […]
Archives for April 2020
End face mask patents now?
By: Nick Hankoff President Trump is convening with governors to reopen the economy, which will likely mean some sort of compulsory face mask order. Now is the time to seriously consider scrapping the patents on masks such as the N95. Government at all levels has severely overreacted to the COVID-19 pandemic, but at long last there […]
REBOUND: U.S. crude oil surges 29% after two-day blood bath
Oil is rebounding! After a once-in-a-lifetime, no good, rotten, historic, terrible crash in the energy market, things are back in the green. Bear market bounce or an authentic rally? Our hearts say it is a rally, while the fundamentals suggest it is a head fake. On Wednesday, before the Energy Information Administration releases its weekly […]
Gold to $3,000 by 2021? Bank of America forecasts bullish case amid coronapocalypse
It is not only libertarians who are bullish on gold. With the Federal Reserve running the printing press 24/7, it turns out that some Wall Street titans are raising their price targets for the yellow metal. The latest financial institution is the Bank of America. In a report titled, “The Fed Can’t Print Gold,” BofA […]
WATCH: One minute of Joe Biden staring at his notes
The sad part of former Vice President Joe Biden staring at his notes is that he still can’t complete a coherent sentence. Notes are meant to help keep you on track and refrain from engaging in a Bidenism. But The Washington Free Beacon put together a compilation clip of Biden staring at his notes and […]