Editorials
Economics professor Steve Hanke, at Johns Hopkins University, believes commodities are seeing initial signs of a long-term bull supercycle. Supply is very constrained, and inventory is low, as the economy starts kicking in, commodity prices go way up as you start a supercycle.
Quantitative Easing is now conventional monetary policy. A total of 20% of the companies in the Russell 3000 are "zombie" companies whose debt servicing costs are higher than their profits. They are kept alive by borrowing. Boeing Co., Delta Air Lines, AMC Entertainment Holdings, Carnival Corp and Tesla are examples of companies who are not earning enough to cover their interest costs. We are at a fork in the road between disinflationary pressures and inflationary pressures.
The market likes a divided government. If the Democrats take the white house, the Republicans still hold the Senate. A Joe Bidden administration will not be able to pass a Green New Deal or raise taxes, without control of the Senate. A stimulus is likely.
Across the country business store fronts are putting up plywood to protect store windows from looters and protestors if Trump wins re-election. Many are painting "we support Black Lives Matters" on the boards. They are not writing we support Trump.
Science has learned a cell is infinitely more complex than a watch and one-thousandth the size of a period, the cell is no longer considered merely material and energy shaped by chance. Living cells are now understood as material and energy shaped by design, information or knowledge. Paley's teleological argument requiring a designer has stood the test of time. Reality based upon material or energy shaped by chance, without God given absolutes, is statistically certain to end up in tyranny and moral decay.
During a virtual rally with supporters, the Democratic presidential nominee, 77 year old Joe Biden forgets President Donald Trump's name.
It was semi-private knowledge Hunter Biden prospered financially from his Father's connections. What is news, is this information was made public when Hunter's emails were published in the New York Post, and it came out Joe Biden was paid directly for political influence.
Vice President Joe Bidden is seen on you tube video bragging he withheld $1 billion in U.S. foreign aid to Ukraine unless the President of Ukraine fired prosecuting attorney. Joe Bidden denied he knew anything about his son's business dealings in Ukraine.
Research shows non pharmaceutical interventions (NPIs) - such as lockdowns, closures, and mask mandates do no affect virus transmission or save lives. Policies have varied in timing and implementation across countries and states, but outcomes are not altered. Most government authorities have acted in error.
Vice-President Biden brought a knife to a gun fight. Everyone was playing checkers but President Trump was playing three dimensional chess.
