iPhone

In what, if confirmed, would be a major move for Apple's product development cycle, overnight Japan's Nikkei reported that Apple is moving from its existing "innovation cycle" with a major iPhone refresh every two years to a three-year cycle. To wit:

Apple will likely take three years between full-model changes of its iPhone devices, a year longer than the current cycle. In a typical two-year term, fall 2016 was supposed to see a major upgrade. But the changes on the model to be launched this autumn will be minor, such as improved camera quality. 

After yesterday's US and UK market holidays which resulted in a session of unchanged global stocks, US futures are largely where they left off Friday, up fractionally, and just under 2,100. Bonds fell as the Federal Reserve moves closer to raising interest rates amid signs inflation is picking up. Oil headed for its longest run of monthly gains in five years, while stocks declined in Europe.

Submitted by Justin Murray via The Mises Institute,

Recently, Hillary Clinton was taped ridiculing Donald Trump for lacking a detailed plan for the American economy. The message, so it goes, is that Trump is not suited for the presidency because he doesn’t have a plan on how to turn the American economy around.

But is it really more dangerous to elect a president who makes up economic policy on the fly than one who proclaims to have a detailed plan for us?

Submitted by Jake Anderson via TheAntiMedia.org,

There is a disturbance in the Force. At an accelerating rate, the American people are realizing the two-party system is rigged to ensure the corrupt oligarchs of the deep state continue to rule the roost.

On the right, we’ve seen the GOP crime syndicate openly discussing ways to usurp the will of the people and dethrone Donald Trump (like him or not, a lot of people have voted for him). A chaotic surprise could still happen at the convention — and if it does, there will be hell to pay.

Despite warnings that "your life is at risk," the threat of Zika, a collapsing government, and rising social unrest, many will still visit Brazil this summer for the Rio Olympics. As a public service announcement, we believe that making the trip should be worthwhile for those strong-willed travelers treking to South America; and, courtesy of Deutsche Bank, we have found a 'foolproof' way to turn a 56% return... should you wish to.