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NAR: "Existing-Home Sales Retreat 1.8 Percent in June"

From the NAR: Existing-Home Sales Retreat 1.8 Percent in JuneExisting-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Show More Summary

And In The Seventh Month Gold Rested

Gold remains rangebound. Here’s why the odds of an upside breakout improve late in the year, making this a good time to look for low risk entries in the metal and the miners. Click here to download complete report in pdf format (Pro Trader Precious Metals Report Subscribers). Show More Summary

Stocks Flat Ahead of Alphabet’s Earnings Report

The news today will focus on the busiest week of earnings this quarter and the next FOMC meeting starting on Tuesday. Alphabet Inc. (Nasdaq: GOOGL) will cap off today's second-quarter earnings report. Google's parent company will release...Show More Summary

World Marketplace Quieter As OPEC Meets, FOMC Set To Meet

(Kitco News) - World stock markets were mostly weaker overnight. The very low volatility in global equity indexes continues. Such may continue to be the case until after the U.S. Labor Day holiday in early September. The post World Marketplace Quieter As OPEC Meets, FOMC Set To Meet was originally published at The Wall Street Examiner. Follow the money!

The Value of Everything

We are looking more and more like France on the eve of its revolution in 1789. Our classes are distributed differently, but the inequity is just as sharp. America’s “aristocracy,” once based strictly on bank accounts, acts increasingly...Show More Summary

Why These Constant Market Highs Have Me a Little Concerned

Maybe Vanguard Funds' John Bogle knew he was about to ignite one of the hottest investing crazes of all time when, on Aug. 31, 1976, he launched the world's first index mutual funds. Then again, maybe he didn't. The post Why These Constant Market Highs Have Me a Little Concerned was originally published at The Wall Street Examiner. Follow the money!

In the Footsteps of Rome: Is Renewal Possible?

Once the shared memories of these values are lost, the Empire ceases to exist; there is nothing left to reform or renew. Is renewal / recovery from systemic decline possible? The history of the Roman Empire is a potentially insightful...Show More Summary

Caplan in Paris

(July 24, 2017 08:16 AM, by Bryan Caplan) I'm speaking in Paris this Thursday for Students for Liberty. Details here.P.S. Here's what I thought the last time I was in Paris nine years ago.... (0 COMMENTS)

Sally Satel on Organ Donation

Sally Satel, psychiatrist and resident scholar at the American Enterprise Institute, talks with EconTalk host Russ Roberts about the challenges of increasing the supply of donated organs for transplantation and ways that public policy might increase the supply. Show More Summary

Robert Samuelson Doesn't Think Diagnosing Diseases and Treatment Affect Outcomes: Shilling for Republicans and the Rich

You know the person who commits murder and the dead person really are both victims in Robert Samuelson land. His latest column on health care shows his great expertise in obscuring everything he touches to say it's all just so complicated. He tells readers: "Still, there’s no moral high ground. Show More Summary

Which Metrics on Hospital Quality Should Patients Pay Attention To?

A researcher expresses some surprise that patient satisfaction scores are “useful signals of quality.”

CalPERS Board Uncomfortable With Staff’s “Fire, Aim, Ready” Plan to Create Unaccountable Private Equity Vehicle

CalPERS' staff is trying to railroad the board with a not-very-well-thought out idea of an "independent" private equity venture.

Another year of congressional inaction has further eroded the federal minimum wage

This week marks the eighth anniversary of the last time the federal minimum wage was raised, from $6.55 to $7.25 on July 24, 2009.

Juliana v. United States and the Principle of Intergenerational Equity in Climate Change Law

The best shot at large-scale climate action under the Trump administration might lie with a lawsuit set to go to trial early next year.

Market Cycle Indicators Still Positive Late In The Game

The 6 month cycle up phase has gotten a second wind but the clock is ticking. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber?...Show More Summary

Sunday Night Futures

Weekend:• Schedule for Week of July 23, 2017Monday:• At 10:00 AM ET, Existing Home Sales for June from the National Association of Realtors (NAR). The consensus is for 5.58 million SAAR, down from 5.62 million in May. Housing economist...Show More Summary

Shopping costs and one-stop shoppers intensify competition

Many consumers buy multiple types of goods from a single location (or firm) to save on shopping costs, turning these goods into pricing complements. Using data from the UK, this column shows that the internalisation of these complementary effects by supermarkets greatly improves the competitiveness of grocery supply. Show More Summary

Joseph Rago RIP

(July 23, 2017 08:11 PM, by David Henderson) Wall Street Journal editorial writer Joe Rago died this week at the age of 34. If you read the Review and Outlook editorials--the unsigned editorials that are published on the left hand side of the editorial page and reflect the... (0 COMMENTS)

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