The U.S. economy is roaring, but the yield curve is flattening. What gives?
"The flattening curve pointed to a deep pessimism among bond investors who see the economy fading away its short-term boost from fiscal stimulus and tax cuts."
"The flattening curve pointed to a deep pessimism among bond investors who see the economy fading away its short-term boost from fiscal stimulus and tax cuts."
"That drug-sniffing dogs must die in the absence of prohibition will not become a real problem unless government chooses to make it so."
"Sheriff Buffett isn't just any sheriff. He's the son of Omaha billionaire investor Warren Buffett, and he's used his family wealth both to finance law enforcement spending in the county and to basically buy his way into the sheriff's office."
"Belief in the Pax Americana persists, along with an appetite for armed intervention. So too does a studied indifference to costs and consequences."
"In February, the company insisted that all that stolen data didn’t include passport numbers. Except it did."
"A draft bill touted as reigning in the AUMF allows the President to proclaim new enemies against whom any amount of force may be used, requiring two-thirds of Congress to reject that determination."
"The ineffable leader of the Bolivarian Revolution has recently announced the launching of a new currency, the so-called Sovereign Bolivar, which will replace the bolivar as the official medium of exchange starting in June."
"This debate has particular salience as Congress has been taking steps to check the president’s authority to continue funding military support of Saudi Arabia’s war in Yemen."
"The House Intelligence Committee's dueling partisan memos about FBI surveillance of a Trump campaign adviser will result in federal agents keeping secrets to themselves because they no longer trust Congress, experts warn."
"Powell, who was secretary of state under President George W. Bush, was much more than just horribly mistaken: He fabricated 'evidence' and ignored repeated warnings that what he was saying was false. Unfortunately, Congress never investigated Powell’s use of the intelligence he was given, so we don’t know many of the specifics."