To Fix Healthcare, We Need To Repeal A Lot More Than Obamacare

If repealing Obamacare is really the goal, the GOP should instead focus on repealing and undermining the edifice on which Obamacare was built: the highly regulated, subsidized, and manipulated healthcare markets that dominate today.

Supreme Court Allows Strict Enforcement Of Trump Refugee Ban

The Supreme Court has granted the Trump administration's request to more strictly enforce its ban on refugees, at least until a federal appeals court weighs in, however the justices are leaving in place a lower court order that allows entry by some people with family members already in the country, the AP reports.

JPM Slashes iPhone Sales Forecasts: Expects Only 2MM Units Sold In September Vs 9MM Previously

"In our original model we had forecast 9m units sold in September, and we now reduce that number to ~2m units. We increase our FY18 unit forecasts by about the same amount to reflect time-shifted demand.  New iPhone shipments  estimate: Our total iPhone shipments estimate for FQ4 is now 42.2m, reduced from our prior 49.5m forecast. Our FY18 iPhone shipments estimate is now 270.2m, up from our previous estimate of 262.9m."

The Over-Quantification Of Life

The idea that all endeavors can be distilled down to statistics has put us in the Over-Quantification Box...

The Inside Story Of How The Saudi King's Son Plotted To Oust His Rival

On the night of June 20, a group of senior princes and security officials gathered at the Safa Palace in Mecca after being informed that King Salman wanted to see them. Before midnight, Mohammed bin Nayef was told he was going to meet the king and was led into another room, where royal court officials pressured him to give up his posts as crown prince and interior minister.

T-Bill Tantrum: Yields Spike As Debt-Ceiling Anxiety Begins To Show

US default risk has flatllined for weeks, market risk has leaked to record lows, and Treasury Bills have 'behaved'... until now. The last two days have seen a sudden aggressive spike in the yields of T-Bills around mid-October, inverting the yirld curve as debt-ceiling anxiety starts to build quietly away from NFLX and AMZN shares.

Which Is Worse? America Or France?

"In France, half the people work hard; the other half try to stop them. But the typical French family is more prudent than its American counterpart. It’s seen governments come and go. The Third Republic fell in 1940. The Fourth Republic fell in 1958. The Fifth Republic will probably fall in the coming financial crisis. French currencies come and go, too."

One Way Or Another – Venezuela Will Send Oil Prices Up

What happens next is unclear. The government and the opposition are heading for a major clash over the July 30 vote to revise the constitution. The opposition fears a dictatorship-in-the-making. But either way the country’s economy is standing at the abyss. There is no way out of the downward economic spiral for Venezuela in the short run without significantly higher oil prices.