United States

Welcome to the one year anniversary of the Brexit vote. Welcome also to the annual Russell rebalance, traditionally one of the busiest trading days of the year: according to Bloomberg, last year's rebalance helped propel a near record turnover of over 15 billion shares, as a result of the $8.5 trillion in stocks linked to the various Russell indices, many of which will be forced to find new owners after today's index recomposition. In fact, in four of the last five years, reconstitution day ranked in the 10 busiest trading sessions.

Authored by Darius Shatahmasebi via TheAntiMedia.org,

It’s time to have a sane discussion regarding what is going on in Syria. Things have escalated exponentially over the past month or so, and they continue to escalate. The U.S. just shot down yet another Iranian-made drone within Syrian territory on Tuesday, even as authorities insist they “do not seek conflict with any party in Syria other than ISIS.”

The median age in most areas of the US is rising, while the population is growing more diverse, according to Census Bureau data released Thursday. America’s median age - the age where half of the population is half younger and half older - rose from 35.3 years on April 1, 2000, to 37.9 years on July 1, 2016, according to the data. Meanwhile, the population of White Americans is growing at a much slower rate than most minority groups: The number of whites living in the US increased by 0.5% last year to 256 million.

Authored by Brandon Smith via Alt-Market.com,

Authored by Ryan McMaken via The Mises Institute,

Chinese billionaire and Alibaba founder Jack Ma predicted this week that in 30 years, people will be working less than they do now. According to NBC: 

"I think in the next 30 years, people only work four hours a day and maybe four days a week," Ma said.

 

"My grandfather worked 16 hours a day in the farmland and [thought he was] very busy. We work eight hours, five days a week and think we are very busy."