Monthly Archives: June, 2026

“Honey, I Think It’s Time I Retire:” Part 7

OK, you retired, and you’ve found your stride in your retirement life. You’ve been through growing pains like a toddler learning to walk, and...

Job Openings and Hiring Show Little Change

The US labor market showed little change in May 2026, with job openings remaining at 7.6 million, according to the Bureau of Labor Statistics’...

Iran War Shock Pushes India to Diversify Oil Imports

India plans to expand its strategic petroleum reserves and diversify oil supplies after the Iran war highlighted risks from heavy dependence on Middle Eastern...

US Refinery Capacity Falls after Major Plant Closures

US operable refinery capacity fell to 18.2 million barrels per calendar day (b/cd) on January 1, 2026, a decline of more than 250,000 b/cd...

Gold Falls on Strong Dollar, Higher Rate Expectations

Gold prices have fallen below $4,000 per ounce, putting the metal on track for its worst quarterly performance in more than a decade. The...

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What’s Happening in France could Happen Here

You may have read that France is facing a...

Why Diesel Prices Have Surged Across the U.S.

U.S. diesel prices have risen sharply due to high...

Is China’s Economy Addicted to Real Estate?

In The Wall Street Journal, Nathaniel Taplin explains the...

The Payday Indicator

Alert! My Payday Indicator is signaling the worst environment...

Why Isn’t the Oil Price Coming Down?

President Trump and his administration have been touting a...

Junk Bond Yields

What do junk bonds yield today? The table below...

Consumers Forecasting Recession

In the almost 60 year history of the Michigan consumer sentiment survey, every time the index dropped below 60 as it did in August, the economy was in recession.

Moving the Goal Posts

The Federal Reserve met yesterday and Chair Yellen held...

Simple is Sophisticated: My Grandchildren’s “Rich as Croesus” Strategy Part II

Scene from Greek history: The deaf-mute son of King...