The post-Cold War era promised a hubristic globalization without friction, economics without geopolitics, and trade without consequences. For a while, it almost worked.

All of the G7 country ETFs are in the bottom half of performers, and the U.S. SPY is the 5th weakest country with a gain of just 1.1%.

The American Statistical Association has published “The Nation’s Data at Risk: 2025 Report” (December 2025). It’s full of facts about the federal statistical agencies.

Spending on prescription drugs and other pharmaceutical products are a very big deal. We spent over $700 billion on these items last year, which comes to almost $5,400 per household.