A Funny Thing Happened on the Way to the Supreme Court

According to a handful of my favorite bloggers,* the USSC ruled that the health care mandate is constitutional because it’s a tax and congress is authorized to levy taxes. I would say that I’m surprised with the ruling, but that would mean I cared about the ruling before it was handed down. ObamaCare is . . . → Read More: A Funny Thing Happened on the Way to the Supreme Court

Lithium Demand Will Spike: Daniela Desormeaux

Consumer demand for iPads and smart phones is on the rise, and electric vehicle sales could jumpstart in the near future. Pinpointing production spikes is no simple task, but Economist Daniela Desormeaux of market intelligence company signumBox has plotted some important points in lithium’s demand timeline. In this exclusive interview with The Energy . . . → Read More: Lithium Demand Will Spike: Daniela Desormeaux

Economic Events on July 2, 2012

At 10:00 AM Eastern time, the Construction Spending report for May will be released, and the consensus is that there was an increase of 0.2% in spending compared to the previous month.

Also at 10:00 AM Eastern time, the ISM manufacturing index for June will be released.  The consensus estimate is that it decreased . . . → Read More: Economic Events on July 2, 2012