America

Authored by Gregory Bresiger via The Mises Institute,

Amtrak’s Penn Station in New York City, once one of the most glorious cathedrals of commerce built by one of the most successful transportation companies in history, is collapsing. Tracks are in disrepair. That’s because they have not been properly maintained over decades since Amtrak, despite promises to the contrary at its founding in the 1970s, has consistently lost tons of money.

America's dying malls have been a frequent topic for us over the past couple of years.  And, with the S&P soaring to new highs each and every day while completely shaking off a swath of retail bankruptcies that have left malls with no option but to fill their empty spaces with high schools, doctors offices and grocery stores, you can imagine our intrigue.

Authored by Vitaliy N. Katsenelson via MauldinEconomics.com,

We are having a hard time finding high-quality companies at attractive valuations.

Authored by Howard Kunstler via Kunstler.com,

As our politicos creep deeper into a legalistic wilderness hunting for phantoms of Russian collusion, nobody pays attention to the most dangerous force in American life: the unraveling financialization of the economy.

And just like that, the term Snaplicant was born, when moments ago McDonalds - which appears to have run out of "qualified" line cook and fast food job candidates (as our latest overview of the restaurant industry showed) - announced that it hopes to hire a quarter million workers this summer, of which more than half are projected to be between the ages of 16 – 24 years old, and to aid the hiring effort of these workers, for many of whom this will be their first job, MCD will use Snapchat. Hence the bolded term.