Economics and Investing:

Market Uptrend Intact as U.S. Stocks Climb To New All-Time Highs

What Does Declining Gasoline Consumption Mean?

We are being lied to by the mass media. The much-vaunted “recovery” is smoke and mirrors, created by QE. Stocks are going up but in part because of the decline of the U.S. dollar as a currency unit. Welcome to the Mushroom Growth Recovery: Where the American people are being kept in the dark and fed horse manure. – JWR

o o o

Items from The Economatrix:

We Are Nearing The Dawn Of A New Economic World Order

The Odds Are Never In Our Favor

Sticking it to Millennials and young Americans when it comes to wealth: Households headed by those 40 years old or younger see inflation adjusted wealth 30 percent below 2007 levels while older Americans recoup losses.

Paul Craig Roberts: The Fed Has No Integrity