Based on the S&P 500 2008/1998 analogs, the market still has further to rise, but not much more.

Based on the S&P 500 2008/1998 analogs, the market still has further to rise, but not much more. #sp500 pic.twitter.com/wovdIQG8qV — Michael J. Kramer (@MichaelMOTTCM) July 28, 2022 ECRI's U.S. Weekly Leading Index growth falls. pic.twitter.com/LWDUOqok2G — Economic Cycle Research Institute (ECRI) (@businesscycle) July 29, 2022 🇰🇷 #SouthKorea’s #Chip Stockpile Swells in Warning Sign for … Read more

We live in an Orwellian hell-scape. Facebook is now “fact checking” anyone who questions the White House’s word-games about the definition of a recession.

We live in an Orwellian hell-scape. Facebook is now "fact checking" anyone who questions the White House's word-games about the definition of a recession. pic.twitter.com/pHGPWrxRpD — Phil Magness (@PhilWMagness) July 28, 2022 Or the time Biden declared we were in a recession in September 2020? No fact-check there either. pic.twitter.com/a4covaK6dO — Phil Magness (@PhilWMagness) July … Read more

TRUMP: “NOBODY HAS GOT TO THE BOTTOM Of 911”

Former US President Donald Trump defended hosting the Saudi-backed LIV Golf Series at his own course in Bedminster, New Jersey, brushing off criticism from families of 9/11 victims by saying “nobody’s gotten to the bottom” of the 2001 terrorist attacks. With families set to protest the golf event — being held just 80km from where … Read more

Entire 1% of Harvard Faculty Are Conservatives

As a mom of two teenagers who will be forging their pathways to adulthood in the coming years, I am particularly interested in new models of higher education. While college admission certainly isn’t a requirement for my children, I hope that if they choose to pursue a Bachelor’s degree or beyond, the experience is engaging … Read more

Fifth Toronto doctor dead in July

The fifth GTA doctor to die in July “radiated positivity” and “lived a vibrant and active life.” But what the world lost in the sudden and tragic death of Dr. Candace Nayman was a woman who had dedicated her life to the health of children. The 27-year-old, who was a resident doctor at McMaster Children … Read more

Rural America Getting $401M for Internet

The U.S. Department of Agriculture (USDA) announced a $401 million investment to provide high-speed internet access to rural communities in the country. The investment will benefit 31,000 rural residents in 11 states—Alaska, Arizona, Arkansas, California, Colorado, Idaho, Montana, New Mexico, Nevada, North Dakota, and Texas—according to a July 28 USDA press release. As part of the … Read more

Amazon Lost $11.5B on EV Maker Vivian

For a second straight quarter, Amazon took a massive writedown on its investment in electric vehicle maker Rivian. Shares of Rivian lost almost half their value in the period after dropping by more than 50% in the first quarter. Amazon’s report comes a day after Ford took a $2.4 billion mark-to-market writedown on its stake … Read more