William Cline is going against the grain. Cline, a well-known economist, isn’t convinced that the stock market is wildly overvalued. That’s an increasingly lonely view. “Warning Signs Mount as Stocks Stumble,” The Wall Street Journal headlined earlier this week. “Investors are running out of reasons to keep buying US stocks, exposing a growing number of warning signs,” the Journal wrote. ...

Want some good news? Illinois has become the 10th state with some form of automatic voter registration. Most of those are Democratic states, but in Illinois a Republican governor signed the bill, and Georgia, Alaska and West Virginia have adopted this reform as well. (An 11th state, North Dakota, doesn’t have voter registration at all.) So it’s not entirely partisan. ...

Britain’s exit talks with the European Union resume—following the release of position papers on what the UK government intends, and a notable change of approach by the opposition Labour Party. Up to a point, these developments are encouraging, but the basic problem remains: Prime Minister Theresa May’s government is moving far too slowly. The UK has now officially embraced the ...