Labor

Authored by Jim Quinn via The Burning Platform blog,

I know some people don’t like charts, but I think they tell stories. The two charts below tell a story the mainstream media, Trump, Wall Street, and the Deep State don’t want revealed.

The first chart shows the year over year percentage change in personal income taxes collected by the Federal government and the second chart shows the year over year percentage change in corporate income taxes collected by the Federal government.

Nary a day goes by that President Trump and/or the talking heads on CNBC fail to mention the following unemployment chart as evidence that "everything is awesome" with the U.S. economy...

...which might be true unless you're among the 95 million-ish Americans who have been looking for a job for so long that you no longer even count as a human being to the Bureau of Labor Statistics...

...or if you're a millennial.

A 'funny' thing happened a month ago. The Treasury yield curve suddenly started to collapse... despite gains in stocks and positive economi data surprises... the question is, why?

Here's one possible reason why..

Originally submitted by GovTrader,

TL/DR: Tax reform creates pension fund incentive to buy 30yr bonds NOW.

TL/DR: Tax reform creates pension fund incentive to buy 30yr bonds NOW.

In an era where Amazon steals most of the headlines, it’s easy to forget about brick-and-mortar retailers like Walmart.

But, even though the market values the Bezos e-commerce juggernaut at about twice the sum of Walmart, Visual Capitalist's Jeff Desjardins notes that the blue big-box store is very formidable in other ways. For example, revenue and earnings are two areas where Walmart still reigns supreme, and the stock just hit all-time highs yesterday on an earnings beat.