Ponder a $44,000 insurance bill. This does not count as inflation in the CPI. Dysfunction in California’s Insurance Market The Wall Street Journal reports A $44,000 Bill Shows the Dysfunction in California’s Home-Insurance Market Glenn and Lorraine Crawford paid about $500 a month to insure their home in Agoura Hills northwest […]
Relative to each other, they can’t. But relative to something else, they easily can. A reader asked me to comment on a video by Brent Johnson, CEO of Santiago Capital. Chinese Yuan Devaluation – What you Need to Know My reader thought Brent and I were in disagreement. But I […]
Credit Trump for the irony of the year in a pair of comments on Truth Social. Comments of the Day Irony of the Year CLOSED MARKETS DON’T WORK ANYMORE!!! No one has tried harder than Trump to make the US an island. He wants production here, massive tariffs to stop […]
Trump worked out a deal with the UK, a US trade surplus country. One Down, 199 to Go We have the first deal (with details to be worked out later). Please note Trump Announces “Breakthrough Trade Agreement” with U.K. Speaking from the Oval Office, Mr. Trump said a “breakthrough” deal with […]
Mike Shedlock, MishTalk, discusses the new Teacher Requirements. Teachers’ unions prevail in New Jersey. Kids will suffer. Literacy Not Requited to Teach CampusSafety reports New Jersey Teachers No Longer Required to Pass Basic Literacy Test New Jersey Democratic Governor Phil Murphy passed Act 1669 as part of the state’s 2025 budget […]
Mike Shedlock, Mish Talk An energy policy battle is brewing and I believe Trump will win on day one. Pulling the Plug on EV Mandates The Wall Street Journal reports Trump Can Pull the Plug on EV Mandates Overly stringent emissions targets ignore American consumers’ preferences and block economic growth. They’re […]