That 5.1% year-over-year increase isn’t setting any records – in 2011, year-over-year increases ran over 11%. But it does show that Americans are dealing with the economy and their joys and woes the American way: by piling on debt faster than the overall economy is growing.
We are now right back to where we were before the War of Independence, except the tax rate and the size of government has increased an order of magnitude compared to that of 1775. The ancient Divine Right of Kings is very much alive and well today.
Reuters reports that The New York Stock Exchange says trading suspended in Amazon (AMZN), Booking Holdings (BKNG), Alphabet (GOOGL) and Zion Oil & Gas (ZNWAA) for the rest of the trading day due to a "price scale code issue."