09/29/2020
Today

A Trump Economic Growth Story That the Media Ignored

Andy Puzder, Fox Business

Over the Trump administration's first three years, between 2016 and 2019, real median household income increased 9.2%.

The Bigger Truth Revealed About President Trump's Taxes

Ryan Cooper, The Week

Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons.

Trump Has Company: How Rich Americans Avoid Taxes

Nathan Bomey, USA Today

Like President Donald Trump, rich Americans often deploy sophisticated tax avoidance strategies to maximize their wealth. Not to be confused with tax evasion, which is illegal, tax avoidance is entirely legal, even if many view it as unfair. A sweeping New York Times report published Sunday revealed numerous tax reduction strategies used by Trump. He's not alone. Affluent taxpayers often have more avenues than ordinary Americans to avoid paying Uncle Sam.

Trump Isn't Broke. He's a Rich Guy Who Doesn't Pay Enough Tax

Josh Barro, NY

Some people are reading President Trump's taxes â?" or the New York Times' account of what was in his taxes over the last 20 years â?" much too literally.

Trump's Tax Returns Really Aren't Out of Ordinary

Tim Worstall, Washington Examiner

The New York Times really needs to get its complaint straight. Apparently, President Trump is a no-good businessman who never makes any money, and so he aggressively avoids tax payments, paying just $750 in income taxes in 2016 and 2017 (if the report is true, which Trump has unsurprisingly called "fake news"). No doubt, he has to be aggressive to ensure he doesn't pay taxes on money he hasn't made. Or maybe it's all just another reason to stand in Midtown Manhattan shrieking about Trump.

Cheers to Trump and Biden for Aggressive Tax Avoidance

Dan Mitchell, Int'l Liberty

Washington is a cesspool of waste, fraud, and abuse. All taxpayers, to avoid having their income squandered in D.C., should go above and beyond the call of duty to minimize the amount they send to the IRS. Which is why today's column is a bipartisan love fest for Donald Trump and Joe Biden - both?

It's Time for Candidate Biden to Clarify His Stance On Energy

Ellen Wald, The Hill

America's oil and gas production is important even to states that don't have production.

Disease Panic Vs. Medical Reality

Jenin Younes, American Institute for Economic Research

What if the world vastly overestimated the seriousness of the coronavirus and effectuated countermeasures that wrought far more damage than the disease itself? That is the central question that Karina Reiss and Sucharit Bhakdi, a biochemist and microbiologist, respectively, set out to answer in Corona: False Alarm? Facts and Figures.

The Fall Was Black Friday for the U.S.'s College Football Towns

John Tamny, RCM

“I have my job because of Coach Swinney.” So said an employee of The Abernathy a few springs ago to yours truly. “Coach Swinney” is Dabo Swinney, head coach of the nearly always-in-title-contention Clemson Tigers. Swinney’s remarkable success has touched not just his players, along with Clemson grads who have a degree that is increasingly well known. Swinney’s achievements spread throughout the town of Clemson, along with the cities and towns that abut the college-football mecca.

For Investors, No Template for Coming Electoral Turmoil

Paul Brandus, MarketWatch

Post-election market volatility could be the least of our problems

The Meaning of Ant, & What Could Be the Biggest IPO In HIstory

Eric Grover, RCM

Chinese fintech and payments giant the Ant Group is going to IPO in October. It aims to raise up to $35 billion in Hong Kong and Shanghai at over a $200 billion valuation. In 2018 it raised $14 billion in the biggest-ever single fundraising by a private company at a $150 billion valuation. Ant’s epic IPO could surpass Saudi Aramco’s raise of $29.4 billion as the largest ever. Most Americans would love the backstory. The world’s largest e-commerce company Alibaba was founded by English teacher Jack Ma in 1999. He improved the lives of hundreds of...

It's Increasingly Bleak For Out-of-Work Hotel Employees

Vanessa Yurkevich, CNN

Most mornings, Kat Payne calls a family meeting and talks with her children about how -- or if -- they are going to be able to pay their bills each month. It's a routine she began after she was furloughed from her job as a housekeeper at the Philadelphia Marriott Downtown in March.

Reasons to Stay the Course as the Election Approaches

Various, Charles Schwab

Why investors should focus on their financial plans in the run-up to the 2020 election.

A Look Ahead to This Week's Economics Reports

Richard Moody, Regions Bank

Navigating NYC Out Of Covid Financial Crisis

E.J. McMahon, Manhattan Institute

Exploring the history of NYC's past budget crises, restoring the FCB's authority over spending could help deliver the city out of this Covid crisis.

Covid-19: Facts vs. Phobia

Richard Salsman, InterMarket Forecasting Inc.

Will Biden v. Trump Sink Stock Market?

Brad McMillan, Commonwealth Financial Network

The Long Slog Recovery?

Brian Wesbury & Robert Stein, First Trust Advisors

Existing Home Sales: Not Buying Headline Hype

Richard Moody, Regions Bank

What It Would Take For the FDA to Approve C-19 Vaccine

William Petri, MarketWatch

A top medical researcher explains how we would know if a vaccine is safe and effective

Mall Santa Claus May Be Next Casualty of Covid Panic

Charisse Jones, USA Today

In a year like no other, even Santa Claus may find himself out of work. A visit to the mall to sit on the jolly old elf's lap may be yet another tradition knocked to the wayside by COVID-19, as wary parents keep their children home. And while that's bad news for kids, it may be worse news for all those Santas who count on gigs at department stores and office Christmas bashes to earn extra cash – or, in some cases, a big chunk of their annual income.

Shep Smith, Fox News Ex, Starting Over at CNBC

Michael Grynbaum, New York Times

In a new show on a new network, the anchor wants a 'no pundits' approach: 'We're not interested in helping you know how to think.'

Navalny Poisoning Is Just Bump In Road For Nord Stream 2

Paul Gregory, Forbes

The Nord Stream 2 gas pipeline linking Russia to Germany in order to sell Russian gas to the rest of Europe has been complicated by the poisoning of Russian opposition leader Aleksei Navalny. That doesn't mean it won't be completed.

Big Tech Biden Praise May Cause Some To Go for Trump

Editorial, New York Post

In short, Big Tech's reasons for supporting Biden look to most people like a point in Trump's favor. It's not so much about "listening to experts" as it is recognizing that the experts can be as short-sighted and selfish as anyone.

Donald Trump's Taxes Is An Emperor-Has-No-Clothes Moment

Brian Stelter, CNN

The New York Times just published one of the most important stories of the past five years.

Joe Biden's Latest Small Business Outreach Is Just...Awful

Gene Marks, The Hill

Where are the specific proposals that will help small businesses? What legislation will Biden put forth? What government programs will he create?

Money, Markets and Econ Order

Alexander Salter, American Institute for Economic Research

Whatever its origins, money must be reckoned one of the greatest labor-saving technologies in human history. As we have seen, money eliminates the double coincidence of wants problem that exists under barter. It is no longer necessary to find someone who wants what you have, and also has what you want, when you make exchanges. If all exchanges take place using money, money itself becomes one-half of all exchanges. In practice, some transactions might continue to take place without money. But money is used in most transactions. Indeed, if money were not generally accepted, it would not be...

Buckle Up. October Is Coming

Mark Hulbert, MarketWatch

Combination of October?s volatility and average gain can work to your benefit

Can You Predict Future Stock Market Returns?

John Rekenthaler, Morningstar

The longer the time period, the stronger the pattern.

The Vise Tightens on the Dollar

Stephen S. Roach, Project Syndicate

In the second quarter of this year, the US experienced the sharpest plunge in domestic saving on record, dating back to 1947. Because that will continue, and the current-account balance is following suit, the dollar's real effective exchange rate can head in only one direction.

Welcome to FinTok, Where Gen-Z Gets Its Financial Advice

Alicia McElhaney, II

TikTok is Gen Z's financial education hub. That's a problem.

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

China's Leaders Can't Be Trusted

Chris Patten, Project Syndicate

Four examples of the Chinese leadership's duplicity and mendacity demonstrate that the last thing the world should do is trust the Communist Party of China. If governments recognize this and act together, the sooner the Beijing bullies will have to behave better.

Why We're Still Years Away From Having Self-Driving Cars

Eric Adams, Vox

Self-driving cars were expected to roll out by 2021. Here's what we need to solve and build first.

Fifty Shades of QE.

John Cochrane, The Grumpy Economist

It always struck me that research inside the Fed seems to produce answers closer to the views of Fed officials than does research outside of...

Why Do Pension Funds Keep Buying Hedge Funds?

Brett Arends, MarketWatch

Why are pension funds investing in hedge funds?

The Evolving Story Of Zero Hedge

Alicia McElhaney, Institutional Investor

To its fans it's a top-notch financial analyst publisher. To its detractors it's trash. But to many it's an increasingly dark well of tinfoil-hat conjecture.

Will Workers' Wages Ever Go Up Again?

Jeff Rubin, Quillette

Self-employment, temporary employment, on-call work, home-based work, and telecommuting are becoming more common.

The Man Buffett & Gates Both Call Their Hero & Role Model

Bill Murphy Jr., Inc.

"He is my hero. He is Bill Gates's hero. He should be everybody's hero."
View in browser | Unsubscribe | Update preferences

Thank you for joining RealClearMarkets today. 

Copyright © 2020 RealClearHoldings, All rights reserved. 
RealClearHoldings
666 Dundee Road
Bldg. 600
Northbrook, IL 60062

Add us to your address book