Forbes: Finally, A Boss Gets The Message On Social Media

By SIMON CONSTABLE

A captain of industry in Britain has done something both smart and courageous.

He has decided to shutter the company's social media accounts for all of its hundreds of outlets. It is something that other business leaders should consider doing too! Read more here.

P.J. Media: Oxycontin Tweak Helped Turn Addicts to Heroin

By SIMON CONSTABLE

 Lawmakers trying to combat the epidemic of opioid addiction might want to take note of the law of unintended consequences.

It can lead to the most unfortunate results.

A case in point is getting prescription painkillers off the streets might not have the effect of reducing addiction deaths. It might instead merely move the problem. At least that's the finding of some recently published research from the National Bureau of Economic Research. Read more here.

Barron's: Oil Prices Haven’t Peaked Yet

By SIMON CONSTABLE

They Said What? Read more here.

PJ Media: Food Stamp Cuts Would Bite Into States That Voted for Trump

By SIMON CONSTABLE

Republicans may have a problem taking a bite out of the food stamp program.

The matter comes down to two things. First, the states with the highest portion of food stamp recipients overwhelmingly voted for the GOP in the last election. Second, any cuts to the program will no doubt be portrayed by Democrats as “hating everyone.”

While it may be possible to streamline the program, those in Congress will need to navigate a complicated political minefield. Read more here.

Forbes: Don't Conflate Tariffs With Sanctions, They're Quite Different

By SIMON CONSTABLE

Not even close. To think so, would be to equate legal products such as beer with illicit drugs such as heroin.

Neither does the increase in some tariffs mean we are in a trade war. To think that, then you'd have to believe a lover's tiff is equivalent to dropping 1,000 tons of napalm on a village. It isn't of course. Read more here.

WSJ: What Is Halal Investing?

By SIMON CONSTABLE

Many people understand what halal food is—meals allowed under Islamic dietary laws. Halal is Arabic for “permissible.”

But what about halal investing? Read more here.

Elekes Andor, CC BY-SA 4.0, via Wikimedia Commons

Barron's: Corn Prices as High as an Elephant’s Eye?

By SIMON CONSTABLE

THE PRICE OF CORN COULD SOAR TO $8 A BUSHEL, A LEVEL NOT SEEN SINCE 2012, and more than double last Thursday’s closing price of $3.895. 

An unusual confluence of factors could propel prices higher over the next couple of years. These include declining output, an ethanol-led demand surge in China, and likely brutal weather. “Eight dollars is very possible,” says Shawn Hackett, author of the Hackett Money Flow Report newsletter, who adds that declining supplies will run headlong into increased Chinese demand. 

Traders wanting to profit from the rally should consider buying futures for July 2019 delivery. Note: The trading volume of such long-dated futures is significantly lower than for front-month contracts, which makes trading more expensive. Alternatively, consider the Teucrium Corn exchange-traded fund (ticker: CORN), which tracks corn futures.  Read more here.