Reality

The Real Unemployment Number: 102 Million Working Age Americans Do Not Have A Job

"I don’t see how anyone can possibly claim that the U.S. economy is doing well... prior to the last recession there were 26 million Americans on food stamps, now we have 44 million, we're on pace to shatter the all-time record for store closings in a single year, and the number of homeless in LA has risen by 23% over the past 12 months... But once again, it is a battle of perception vs. reality."

Qatar Crashes In Escalating Gulf Crisis; Oil Fails To Rebound As Global Stocks Dip

S&P futures point to a slightly lower open ahead of today's US non-mfg ISM and Service PMI data. European shares fall, while Asian shares are little changed. Several European countries are closed for Whit Monday leading to subdued trading. Following the latest unexpected Gulf Crisis overnight, in which Gulf nations cut all diplomatic relations with Qatar amid stunning allegations of funding terrorism, oil spiked but has since pared almost all gains.

The Cultural Consequences Of The Federal Reserve

"We become more materialistic than under a natural monetary system. We can’t just sit on our savings anymore, and we have to watch our investments constantly, and think about revenue constantly, because if it is not earning enough, we are actively getting poorer."

Macron Invites All Americans Disappointed With Trump To Flee To France

"To all scientists, engineers responsible citizens who were disappointed by the decision by the President of the United States, I want to say that they will find in France a second homeland. I call on them: Come and work here with us. To work together on concrete solutions, for our climate, our environment."