04/06/2020 Today
Stacy Cowley & Emily Flitter, NYT A $349 billion program to throw them a financial lifeline got off to a rocky start on Friday as the U.S. economy continued to seize up. |
Jonathan Doochin, Issues & Insights It took only 15 days after the coronavirus outbreak was confirmed for Boba Guys, a chain with 400 employees and 17 locations, to shut its doors. |
Alan Beard, Hill It was refreshing to have a credible scientist like Dr. Deborah Birx gently scold those who are promoting catastrophic outcomes from computer models. |
Dana Kennedy, NYP Suddenly, heading six feet under doesn't sound so bad, especially when the new digs often include pre-stocked food and blast-proof doors. |
Sunny Oh, MarketWatch Investors look to China to see how soon consumers can resume normal business |
Market Minder, FI With weaker labor data likely to come, remember jobs numbers lag both economic growth and stocks. |
Michael Hiltzik, Los Angeles Times Without minimizing the scale of the economic plunge, it's proper to place comparisons between today's figures and economic situation and those of the Depression in perspective. In short: The differences are greater than the similarities. |
Bruce Yandle, Washington Examiner Friday morning's Bureau of Labor Statistics announcement that the March unemployment rate jumped to 4.4% from February's 3.5% and that the number of people added to payrolls plummeted from February's high of 253,000 added to 701,000 lost confirmed what many people expected: It's a new world. |
Cooper Howard, Charles Schwab The municipal bond market has been hit hard by COVID-19 and market volatility. Here are our answers to some of the most frequently asked questions. |
Richard Moody, Regions Bank |
Preston Caldwell & Karen Andersen, Morningstar Our outlook on how the U.S. will cope during and after the shutdown. |
Chris Brightman, Research Affiliates All companies are getting walloped in the current market. Which stocks are the true bargains, likely to outperform when the market rebounds? Chris Brightman explains that the outlook for a company's prospects can be very different from the outlook for its stock's performance. |
Carrie Schwab-Pomerantz, Charles Schwab If retirement is on the horizon, should you get out of stocks in today's environment? Jumping in and out of stocks isn't a strategy, says Carrie Schwab-Pomerantz. Instead, look at the big picture. |
Richard Moody, Regions Bank |
David Marcus, The Federalist I imagine there are some people who love New York City more than I do, but I do love it. I love it with fervor of the convert. A Philadelphian by birth, for 20 years I have now walked the storied steel canyons of the world’s current capital. There’s a reason the United Nations meets here, why artists and would-be stock barons alike come here. Now we are in the grip of the coronavirus, locked down. But our peril must not mean that the nation we represent must be destroyed. |
Jay Shambaugh, Brookings Institution The Hamilton Project seeks to advance America's promise of opportunity, prosperity, and growth. |
John Matze, RCM With the novel coronavirus pandemic sweeping our nation, governments, corporations, and private citizens are going to great lengths to try to contain its spread. Gatherings are being canceled or... |
Ben Casselman & Patricia Cohen, New York Times After the initial impact of shutdowns on a few industries, the coronavirus pandemic is leaving a much broader swath of unemployment. |
Rosa M. García & Livia Lam, The Hill The impact of the coronavirus is having rippling effects on the economy and on the workforce. Measures must be put in place to insulate workers from the current and future economic or health crises. |
Noah Williams, City Journal Federal expansion of jobless benefits is necessary but may impede recovery. |
Amanda Cantrell, Institutional Investor Not even a global pandemic. |
Howard Marks, Oaktree Capital Management We had the best of times and the worst of times - all in March. |
Phillip Magness, American Institute for Economic Research "Never let a crisis go to waste,” the old adage goes. Unfortunately, political activists and public officials from across the spectrum are now taking this advice to heart amid the ongoing coronavirus pandemic. While many policy responses to the current crisis are well-meaning, even if misguided, be vigilant of those who would cynically weaponize it to advance their pre-COVID ideological goals. We may see this latter tendency in a new proposal by Berkeley economists Emmanuel Saez and Gabriel Zucman, the data-massaging duo behind a flurry of misleading and false... |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Peter Boettke, Coordination Problem A mantra we have used on this site since changing our name a decade ago is that we study economics as a coordination problem, and we see entrepreneurship as the solution to that problem. |
Clark Whelton, The Ballenger Report Why are we so afraid of this new virus? Why weren't we more afraid in 1957? |
Blair duQuesnay, The Belle Curve Every crisis is unique and different. |
Nadia Schadlow, The Atlantic Don't let your disdain for the President blind you to the geopolitical realities. |
Barkley Rosser, EconoSpeak Yes, depression, and not the psychological type, although the economic type leads to the psychological type. |
John Cochrane, The Grumpy Economist This virus will be with us a long time and some changes to the economy will be permanent. |
Greg Mankiw, Greg Mankiw's Blog The current models have a major omission. | |
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