horrible

Germany failed to sell ~40% of its issuance of 10-year debt earlier today, in a somewhat surprising occurrence. The move has once more increased European worries and as a result (at least partly), major markets took a dip today. The spiral seems to continue for the EU.

During the last GOP debate, a few of the candidates stressed that they wanted to see a fence on the US-Mexico border to deter illegal immigration. The idea does not really make sense logistically or financially. It most likely wouldn't work either. It is a very costly investment and ironically...