Reveille Letter - Pre-market morning financial commentary with an international circulation

Blog Detail


Reveille Reconnaissance Blog

This blog is for the benefit of both subscribers and non-subscribers and is public to assist...
To subscribe to the Reveille Letter,
click here

In The News for Monday, June 24, 2019
Posted Jun 24 2019 7:09AM

·        As we gear up for the first Democratic primary debates this week, here are the business issues to keep an eye on. Medicare for all is front and center and you can expect a few to try and get out front on the issue of benefits to illegal immigrants.

·        A major step in the right direction. A top-ranking Saudi diplomat has said, “History and Allah brought a real opportunity. The blood conflict had lasted too long. Us Saudis and all Gulf States plus Egypt and Jordan realize that the age of going to war with Israel is over.” This would seem to me to be a watershed event.

·        Apparently living in a palace isn’t all it’s cracked up to be. The Queen was “horrified” after a rat was spotted in the Buckingham Palace kitchen.

·        Just how bad is the invasion of our privacy by Google, Facebook, et al? Pretty bad according to this article in SiliconValley.com. I’ve used Mozilla’s Firefox a little and may use it a lot more.

·        Multiple fingers pointing at alleged leaker of plans for ICE raids today. The chronic problem of sabotage by bureaucrats hostile to the outsider president shaking up the Deep State will never be solved until unmasking and punishment become the order of the day.” The evidence points to acting Homeland Security Secretary Kevin McAleenan as the orchestrator of the leak campaign.

·        How fitting that Dr. Art Laffer received the Presidential Medal of Freedom on a day when the S&P 500 made a new all-time high. I remember someone saying that we’re going to get tired of all the winning. I’m not tired, yet.

·        A great cartoon to keep in mind as you watch the Democratic presidential primary debates.