Notes in the Margin

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"Emergency Medicaid is often used by immigrants, including those who are lawfully present and those who are not."

The Holy Family Church in Gaza was struck by an Israeli attack ...The direct strike killed two people. The Israeli state is now "investigating" the matter. 

Rice prices in Japan are a big deal. "One of the main sources of anger has been the surging cost of the food staple, which has rocketed for months..."

The yield on German gov't bonds rose three basis points to 3.25%, adding to a surge in the past month, close to the highest since 2011.

 


 

Inventory has been rising steadily over the past year, up 29% in June. Prices are still seeing big gains in the Northeast and Midwest.

"the 30-year yield neared the record high seen in May and the 20-year yield touched the highest since 2000." 

ZeroHedge summarizes the debate between David Beckworth and Bob Murphy on whether the Fed should be abolished.

"Attacks by Jewish settlers have been on the rise, and an unspoken policy of impunity for settler violence, arson and acts of intimidation appears to have taken hold."

Steve H. Hanke

Responding to the question, “Should the EU Bite the 10 Percent Tariff Bullet With the United States?”