Daily Reads

-Letters from an American June 10, 2021 — this is the must read of the day. This is truly fascist, dictator behavior … but those “freedom” yelling MAGA crazies and their friends on Fox will find some excuse why this is ok.

-Prices are spiking for homes, cars and gas. Don’t be alarmed, economists say — overall I pretty much agree with this. It looks like markets also buy into this story line … the part that stood out to me and we all should not forget is:

The economy still has about 8 million fewer jobs than at the start of the pandemic. “To put this into perspective,” Gorodnichenko said, “the employment-to-population ratio we have today is at the level that we had at the worst period of the Great Recession” that started in 2008.

-Election Denial and $16 Spritzers: Welcome to Florida’s Trump Coast — too bad to see the morons take over South Florida … well, I guess that means CA will get more of my vacation money

Carsten Schmidt @carstens