Relevant and even prescient commentary on news, politics and the economy.

Stock market at new highs

“Stock market at new highs, even with Strait of Hormuz still closed. What is Wall Street thinking?!?”  – by New Deal democrat As I type this, there are two particularly salient facts:  1. Although the US and Iran are not lobbing bombs at one another at the moment, the Strait of Hormuz is still closed.  2. […]