William Ebbs

ccn.com — The U.K. has been reduced to a shadow of its former glory. The market cap of a single American company, Apple, is worth more than the value of the entire FTSE 100. Britain’s low equity valuations leave its companies vulnerable to international takeovers. Is the colonizer becoming the colonized? Britain’s best days are behind it. Don’t believe me? Take a look at the value of its stocks, which pale in comparison to their rivals in the United States.

ccn.com — Despite a soaring stock market, U.S. jobless claims remain shockingly persistent. Another 1.1 million Americans filed new unemployment claims in the most recently reported week. This trend signals that the stock market is becoming disconnected from economic reality, which should be a red flag for investors. The economy has finally reopened, and everything is getting back to normal, right? Wrong.

ccn.com — The government is misleading people about inflation. While consumer prices remain stable, asset prices are soaring. The S&P 500 is trading at levels unseen since the tech bubble in 2000. This represents extreme asset price inflation caused by massive government stimulus, and it will drive income inequality in the country. The United States’ core inflation rate stands at 1.6%. To hear the government tell it, that’s a low number compared to the Federal Reserve’s target of 2%. That’s misleading.