09/08/2020
Today Jesus Fernandez-Villarverde & Lee Ohanian, The Hill Without the next Jeff Bezos, we may miss out on a breakthrough green energy source, the next iPhone or a cure for cancer, dementia or heart disease. |
Paul Krugman, New York Times The recovery is bypassing those who need it most. |
David Asman, Fox Business The wrecking of what was initimitably great. |
Lynn Rhinehart, The Nation We can build a sectoral bargaining systemâ?"and strong, democratic, worker-driven unionsâ?"from the ground up. |
Allen Guelzo, New York Post In Delaware â?" where Joe Biden has been a senator for six terms â?" the economy is sluggish. Should that be a warning to America? |
John Tamny, Forbes Wealth disintegrates when it's forced by government out of the hands of those who created it. |
Josh Barro, New York Magazine United, Delta, and American Airlines announced they are suspending change fees even after the COVID-19 pandemic ends. This shift in business strategy means consumers will probably have to choose higher fares or cheap, inflexible tickets. |
Nancy Tengler, USA Today One friend liquidated her entire stock portfolio after President Barack Obama was elected, the other sold out in 2016 after President Donald Trump was elected. Despite my pleas to the contrary, both women cost themselves a cushier retirement not to mention a “forced error” capital gains tax bill. |
Christoph Gisiger, themarket Blackstone?s market maven Byron Wien sees a significant correction risk. He warns of rising speculation in the stock market, the vulnerable state of the U.S. economy and possible turmoil in the course of the presidential election. He also shares his views on where he spots opportunities for patient investors. |
Douglas McIntyre, 24/7 Tesla, Inc’s (NASDAQ: TSLA) share price dropped as much as 25% last week and then recovered slightly on the last day of trading. It closed at $418, which still drove an extraordinary market cap of $390 billion. The range of price forecasts among analysts who follow the shares continues to be wide. At the uppermost […] |
Alan Reynolds, American Institute for Economic Research Stock prices fell sharply before the Labor Day weekend, following an astonishing rise from March lows. Information technology stocks in the S&P 500 fell from a peak of 22128.1 on September 2 to 2046.27 by 2:30 two days later. But that was just the equivalent of losing two weeks of gains. Momentum trading had surely pushed some high fliers into frothy territory, so a correction is correct. But skeptics and short traders claim the market as a whole still remains totally disconnected from “fundamentals.” |
Market Minder, Fisher Seasonal patterns still don't predict returns. |
Richard Moody, Regions Bank |
Cooper Howard, Charles Schwab Natural disasters such as hurricanes, floods, wildfires and drought can have a major financial impact on the areas in which they occur. |
Jeffrey Kleintop, Charles Schwab The recent imbalances in the stock market can lead to vulnerability; rebalancing portfolios may be valuable to help balance exposure to U.S. capitalization-weighted benchmarks relative to international stocks. |
Jerry Bowyer, Vident Financial |
Various, CDC This report describes mental health challenges faced by communities during the COVID-19 pandemic. |
Michael Hendrix, Manhattan Institute The Manhattan Institute partnered with Echelon Insights to conduct a July 2020 survey of New York City adult residents in order to better understand their feelings about issues facing the city, views on city government, and attitudes toward potential policy solutions. The results show a city... |
Brad McMillan, Commonwealth Financial Network |
Kenneth Rogoff, Project Syndicate Policymakers' most important task is to try to reduce the massive lingering uncertainty regarding COVID-19 while continuing to provide emergency relief to the hardest-hit individuals and economic sectors. But the insecurity fueled by the pandemic is likely to weigh on the global economy long after the worst is in the past. |
Graeme Wood, The Atlantic If the real, lasting change you wish to effect is burning society to cinders, then perhaps looting is the right tool. |
Daniel Tenreiro, NR Riots have long-lasting consequences. |
Susan Dziubinski, Morningstar Tech stocks took it on the chin on Thursday. Here's our take on whether tech's leaders are worth nibbling on. |
John Rekenthaler, Morningstar The silly season is upon us. |
Luis Perez-Breva, Epsilon Theory We have met the enemy and he is us. |
Katy Vine, Texas Monthly Over a decade, Theodore Robert Wright III destroyed cars, yachts, and planes. That was only the half of it. |
Nick Maggiulli, Of Dollars & Data On why poor people stay poor and the ripple effects of wealth. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Matt Taibbi, Substack On "In Defense of Looting" |
Raymond Niles, AIER Why are protestors building a guillotine in front of Jeff Bezos' house? |
Michael Johnston, Evergreen Gavekal A spate of new unicorns are coming to market after Labor Day. |
Derek Horstmeyer, Enterprising Investor A low interest rate environment makes growth stocks the only ones worth researching. |
Julie DiCaro, Deadspin NCAA President Mark Emmert has a base salary of something like $2.3 million. In 2017, he made $3.9 million. In 2018, he dropped off to $2.7 million. It's paid by poor student athletes. |
J.D. Tuccille, Reason.com Americans are being forced to confront the downsides of powerful organized labor in an already miserable year. |
Howard Lindzon, Howard Lindzon Enjoy this momemnt in time. |
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