U.S. equity markets rallied Wednesday as the U.S. House of Representatives readied to vote on President Biden’s $1.9 trillion COVID-19 relief bill. The Dow Jones Industrial Average rose nearly 300 points, or 0.9%, while the S&P 500 and the Nasdaq Composite advanced 0.75% and 1.1%, respectively. The early gains come as the 10-year yield holds near 1.55% after the consumer price index rose…
First off, I’m amused by the lame ‘no labels’ deflection from the White House Press Secretary, who continues to avoid using the word crisis to describe what’s brewing at the Southern border. She can continue with her tortured spin about how it’s a “challenge” or whatever, but the rest of us must face facts. It’s…
The grave situation at the United States-Mexico border continues to decline. Border Patrol officials are overwhelmed with the number of unaccompanied minors that are crossing the border, to the point where previous COVID restrictions are being tossed out the window. And now, Department of Homeland Security Secretary Alejandro Mayorkas asked staffers to “volunteer” alongside agents to quell…
