Despite Record Bull Market, Pension Plans in Miserable Shape: Illinois the Worst
The amount owed to retirees accelerated faster than assets on hand despite a record bull market.
Hard hitting global and local news
The amount owed to retirees accelerated faster than assets on hand despite a record bull market.
Japan’s native population declined by 430,000 people in 2018, a record 0.21%.
“We believe that right here, right now, the company appears to again be on the brink.”
In the Hoisington First Quarter Review, Lacy Hunt blasts MMT as “self-perpetuating” inflation.
Trump Tweeted a radical approach to the immigration crisis today: Send all the illegal immigrants to sanctuary cities.
As with yesterday’s Producer Price Report, a surge in import and export prices is energy related.
Trump is fuming over Airbus subsidies as if the US does not subsidize Boeing. Further trade wars loom.
Donald Tusk wanted a year-long extension. French President Emanuel Macron wanted June. The compromise was October.
The PPI rose 0.6% with 60% of the rise due to a 1.% rise in goods, and most of that…
FOMC minutes show greater risks to the U.S. economy from the global growth slowdown and muted inflation readings.