United States consumer confidence has plummeted to a decade-low in November. The University of Michigan’s consumer sentiment index fell to 66.8 in November, down sharply from the October figure of 71.7 and well below consensus forecasts of 72.4.
If a number of politicians who are hostile to the Second Amendment get their way, American banks will essentially begin spying on American citizens who buy guns and/or ammunition. And if those citizens are buying what the politicians consider to be too much ammunition or too many firearms, those very citizens could be labeled potential domestic terrorists.
China’s state-run Global Times on Sunday claimed the Kyle Rittenhouse trial “exposes the illness of the U.S. political system” and argued the not-guilty verdict proves American democracy “has failed to heal the illness of social polarization and racial divergence.”
The district attorney facing criticism after the alleged Waukesha Christmas parade crash killer was freed on bond two days before the carnage previously admitted his progressive reforms “guaranteed” killers could be put back on the street.
Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize, yielding an endless array of new products that have no real economic function except to facilitate new forms of pure wagering.
Democrats persuade a slim majority to approve the centerpiece of President Biden’s economic agenda, though the bill now faces an evenly divided Senate.