Imported Autos Hit Highest Share of US Market Since GM Bankruptcy
It is now apparently easier to import an entire car than it is for Ford and GM to source the semiconductors they need to keep their American factories running
Map: The History of the Celts
From 1200 BC to 2020 AD
The First Terrestrial Globe – Martin Behaim, 1492
Completed before the discovery of the Americas by Christopher Columbus that very same year
El-Erian: ‘Every Time the Fed Has Been Late to Inflation, We’ve Had a Recession’
“We have no historical experience where the Fed has been late and we haven’t ended up in a recession…”
Philadelphia Hasn’t Elected a Republican Mayor Since 1948
In the 60 years since Philadelphia’s last Republican mayor stepped down, it’s shrunk by 21%
US Gasoline Prices Hit Highest Level Since 2014
Rising energy prices are one of the very few ways to achieve a sustained period stagflation
The Only Chart That Matters to Financial Markets
In a sane world, someone would present Jerome Powell with this chart at one of the Fed’s press conferences
Visualizing the Runaway Snowball of Government Debt Around the World
A global sovereign debt crisis is clearly in the cards once the kneejerk part of the recovery fades
Rust Belt America: Chicago Hasn’t Elected a Republican Mayor Since 1927
Single-party cities stop growing
Heroes
The highest price of Freedom