The market is closed tomorrow in honor of Juneteenth, which is a celebration of June 19, 1865, the day when Major General Gordon Granger ordered the final enforcement of the Emancipation Proclamation in Texas at the end of the American Civil War.

The seeds of the Civil War's end go back to the founding of our nation, which came into existence during the Age of Enlightenment.

Back then, philosophers envisioned creating a republic of science.

Benjamin Franklin and seven other founding fathers were scientists of some repute.

The age of steam ran through the 1840s, and it's no mistake that the second industrial revolution began in 1870, just five years after Juneteenth.

America was off to the races and soon shared in prosperity, introducing the notion of discretionary spending. In early Western society, 80% of household expenses were spent on food alone.

We even grew taller and began to live longer.  That’s because freedom allows for the growth of spirit, body, and mind.

That growth is reflected in a stock market that seems to set new highs each session.

It's been happening for 200 years.

Of course, there are bumps in the road, and we take the wrong turn from time to time, but the moral of the story is that the fix has been in since the Constitution was signed.

What we are seeing with the AI revolution, space travel, robots, and, soon, a tsunami of medical breakthroughs all come from the first line of the Constitution.

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.

Have a great weekend!