Holy And Unholy

Max and Stacy discuss the striking divergence since the late 1990s in the prime age labor market participation between the U.S. and its major OECD competitors, the United Kingdom, Canada and Germany. They ponder some of the reasons why U.S. labor market participation could be declining so rapidly. In the second half, Max interviews Craig Hemke of TFMetalsReport.com about JP Morgan’s silver turnaround - going from having a massive short position on the precious metal to accumulating one of the largest stockpiles of it in the world in a few short years.