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Economics and Investing:

Why Raising the Minimum Wage Will Increase Inflation and Hurt the Economy [1]

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Are Margin Debt Levels Signaling A Market Collapse? [2]

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Items from Mr. Econocobas:

CBO Forecasts $506 Billion Budget Deficit For 2014 [3]

U.S. Second-Quarter Growth Revised Higher [4]

Dethrone ‘King Dollar’ [5] – This is an interesting Op-Ed; however, he clearly either doesn’t understand the consequences of what he is advocating or is severely overestimating the fundamentals of the U.S. economy to absorb such a shock– probably both.

S&P Tops 2000 But Weary Consumers On Strike: The Recovery Delusion Gets Obvious [6]