The price of a postage stamp just went up again. While a one cent increase in a postage stamp probably isn't going to hurt anyone other than mass mailers, which isn't necessarily a bad thing, the ever-increasing cost of stamps serves as a good reminder of the ever-increasing cost of everything else.
As the election draws near, stock and bond markets have been divided as to the significance of the outcome. A Trump victory injects policy uncertainty - something markets generally dislike. And a Clinton presidency provides more policy certainty, but with recent revelations from the FBI,...
With the pep rallies concluded, Democratic and Republican captains and their teams are charging onto the field to commence a battle for the White House unlike any other. The game plans couldn't be more different on issues like immigration, regulations and taxes, but on trade there doesn't seem to be any line of scrimmage at all. But on this one, Trump is on offense and Clinton, defense.
First let's celebrate the fact that Janet Yellen actually did what she said she was going to do - she raised rates before the year was out. Investors love certainty and the Fed Chair just improved her certainty rating substantially - how refreshing.