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Kaizen D. Asiedu This is a very big deal. What the hell kind of system are we living in if thousands of kids were abused, the government has videos of the abusers and yet none of the abusers are even facing charges!?

.Pete Earle shows how the proliferation of chicken sandwiches across fast food chains isn't evidence of capitalism's creative stagnation, but rather demonstrates how market competition drives continuous innovation. Read his latest at The Daily Economy

Imports and duties on them are excluded from the PPI calculation. It’s almost like JD Vance doesn’t know what he’s talking about.

Muy interesante revisión de la literatura académica reciente sobre el impacto del salario mínimo, por Pete Earle; la evidencia es clara, el salario mínimo causa desempleo y menos oportunidades, no a nivel generalizado sino en las personas menos capacitadas; es decir,

No, no nos estafaron: desmintiendo el mito del victimismo comercial, por Pete Earle La idea de que EEUU ha sido explotado sistemáticamente por sus socios comerciales no se sustenta en datos, lógica ni en la historia. Gracias a American Institute for Economic Research Léalo aquí: mexicolibertario.org/no-no-nos-esta…

“The explosion of chicken sandwich options is not a sign of creative bankruptcy — it’s a case study in product refinement, branding evolution, and consumer-focused differentiation,” writes American Institute for Economic Research's Pete Earle for The Daily Economy. buff.ly/4WViFpV

How does someone get serious about paying off debt? AIER's Pete Earle recommends You Need a Budget (YNAB) as a powerful tool to build discipline and take control. Instead of vague spending limits, YNAB assigns every dollar a job, whether it’s debt payoff, saving, or staying

Ozzy Osbourne, the singular metal legend whose Black Sabbath virtually invented heavy metal and in later years became a reality TV pioneer, has died at the age of 76. More on his life and legacy 🖤 rollingstone.com/music/music-ne…

1) M2 yoy growth 4.53% (up from 1.6% 12 months ago) 2) Mid-July 3) Gamma squeezes 4) Tariff holding pattern Carries the vague markings of retail vigilantes stalking overzealous, vacationing short sellers.

“[L]argely absorbed.” Hasn’t this entire administration been saying for months that tariffs are paid by foreign governments?

Japanese automobiles will now bear a 15 percent tariff when sold in the US, while Ford, GM, Tesla, etc. must pay tariffs on all imported components - of particular note, a 50 percent tariff on steel. If it’s not clear to you how domestic auto purchasers will benefit from this,

It was a pleasure speaking to Sid Gundapaneni and Pete Earle about the FOMC's prudent decision to hold the fed funds rate at 4.25-4.50% Read my piece for reason if you want to learn more about the Federal Reserve's decision!

There's simply no way that downward revisions of prior nonfarm payroll releases showing an average 3-month gain of 35,000 jobs isn't going to result in the administration asserting the existence of a conspiracy within the US Bureau of Labor Statistics.

Seems like the perfect time to drive uncertainty through the roof while arbitrarily adding (and subtracting, and adding...) costs to multi-trillion dollar global trade flows.

I strongly suspect that the Trump administration is about to frenetically adopt the concept of lag - which, ironically but unsurprisingly, they’ve conveniently discarded/dismissed since April or so.

Five hours later. zerohedge.com/political/no-o…

Earthquake here in the NY metro, roughly 10:18pm EST.

*MAG 3.0 EARTHQUAKE NEAR HASBROUCK HEIGHTS, NEW JERSEY: USGS