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June is the end of May



Theresa May’s gamble backfired epically. The Conservative Party has lost its majority, casting doubt on May’s position as prime minister and leaving the United Kingdom (UK) with an unstable government at a time when it desperately needs stability. Two weeks shy of the start of Brexit…

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Job growth slows – May jobs report



This morning, the Department of Labor reported that the U.S. economy added 138,000 jobs in May, below expectations of 185,000. The unemployment rate dropped to 4.3%, which is the lowest since May 2001, but was primarily caused by a fall in the labor force participation rate. In addition to the weak…

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