21 States See Unemployment Fall in April

This week the government’s data showed that unemployment actually fell in 21 states in April. Additionally 11 states saw their unemployment numbers hold steady rather than rise. Given that the unemployment rate rose in 46 states in March, the April state numbers are further evidence that the labor market is stabilizing.

Here are highlights . . . → Read More: 21 States See Unemployment Fall in April

Where Do Stocks Go Next? Probably Sideways

From mid-March to early May of this year, the stock market made a swift and steep 35% rise. Since late last year, you have seen blogging here about how much the recession and now this recovery feel like that of the mid-70s. To date the stock charts still track quite closely. And psychological sentiment . . . → Read More: Where Do Stocks Go Next? Probably Sideways

Survivalism In The Suburbs

Despite humanity surviving and thriving for thousands of years using commodity currencies the fiat currency proponents have effectively marshaled the press and academia to equate those in favor of a commodity currency with those counting down to Armageddon.  When looking back through the corridors of history one lesson is clear from humanity’s experience:  at all times and in all . . . → Read More: Survivalism In The Suburbs

What if India had a Hong Kong?

An alternate history that I find interesting is a scenario where, in 1947, the British kept one city in India – e.g. Surat. This is analogous to the British control of Hong Kong in China after the communist revolution.

Why is Surat interesting for such an analysis, and not Bombay? It sounds too implausible . . . → Read More: What if India had a Hong Kong?