03/13/2021 Today
Jacob Silverman, TNR When everything's a culture war, then everything's a culture war. |
Ron Insana, CNBC The Biden administration has aimed its fiscal firepower at the lower end of the socio-economic ladder. |
Luke Hogg, RCM As Congress sends the latest COVID-19 "stimulus" package to the White House for President Biden's signature, the furious and unprecedented pace at which Congress continues to approve new funds has left many observers questioning where all the money has gone. The short answer to this question is that a significant portion of those funds haven't gone anywhere. In fact, according to analysis by the Committee for a Responsible Federal Budget (CRFB), an estimated one-quarter of the $4.1 trillion Congress authorized in response to COVID-19 has yet to be disbursed. In other words, while... |
Nick Sargen, Hill One thing that is clear is that the pace of increase of federal debt held by the public over the past decade is not sustainable: It has doubled to nearly 80 percent of GDP from less than 40 percent before the 2008 global financial crisis. |
Grover Norquist, Fox Business For Democrats today, the solution for every new issue is another tax increase. |
Joan Walsh, Nation The American Rescue Plan goes beyond Covid relief to address the deep inequities the pandemic revealed. Will those changes be a Band-Aid, or heal a broken system? |
Eric Boehm, Reason What does this have to do with the pandemic? Nothing. |
Ben Levisohn, Barron´s As the Covid-19 pandemic starts to wane, the U.S. economy could soar. What that means for investors |
Paul La Monica, CNN President Joe Biden signed the $1.9 trillion stimulus package Congress passed this week into law Thursday. That's welcome news for Americans in need of aid because of the pandemic. But it's also a big plus for investors. |
Oren Cass, CJ Fighting poverty requires more than just sending money to the poor. |
Nitasha Tiku & Jay Greene, The Washington Post The wealth of nine of America's top titans has increased by more than $360 billion in the past year. The staggering rise in their gains contrasts with the economic devastation of millions of Americans, amid soaring unemployment and evictions, drawing attention to issues of inequality and distribution of wealth. |
Liz Ann Sonders, Charles Schwab Sentiment has been a problem; higher yields was the catalyst for a bit of a reset. |
Collin Martin, Charles Schwab With interest rates rising, "zombie companies" may have to refinance debt at higher rates. |
Richard Moody, Regions Bank |
Brian Wesbury & Robert Stein, First Trust Advisors |
Hayden Adams, Charles Schwab Was your tax refund smaller than in previous years? Did you owe more than usual? Here's why. |
Rob Arnott, Lillian Wu, Brad Cornell @RA_Insights The siren song of a "big market"â?"opened through innovation or disruption, such as the newly beloved electric vehicles marketâ?"lures investors to enthusiastically push up prices of all firms in the industry as if each will be a major winner. The reality is that as competitors in an evolving industry, some will fail. Pricing each company's stock without regard to this fact is the "big market delusion." |
Richard Moody, Regions Bank |
Joseph Minarik, Hill This nation and its elected leaders must tackle the deficit. |
Sukhayl Niyazov, City Journal It fails as a revenue generator and as a tool to deliver fairness. |
Andrew Keshner, MarketWatch President Joe Biden said he?ll sign the bill on Friday |
Kim Iskyan, American Consequences Is the new world of blockchain digital collectibles another bubble or no different than the baseball card collections of yesteryear? |
Jeffrey Tucker, Am. Inst. for Econ Research The first time I saw The Lego Movie (2014) I interpreted it as a soaring hymn to creative entrepreneurship and the terrible results of planning. |
Nick Tomaino, National Review Monetary policy is heading back to the 1960s when the Phillips Curve ruled. The result will be the same. |
Leticia Miranda, NBCNews As mounting climate-related power failures hammer the country's electrical grid, a growing number of homeowners are building their own power system. |
Julia Horowitz, CNN Desperate to save their economies from complete collapse, governments borrowed unprecedented amounts of money on the cheap to support workers and businesses during the pandemic. Now, with recovery in sight, a big risk looms: interest payments. |
Susan Dziubinski, @MorningstarInc These familiar brands are all undervalued today. |
Christian Britschgi, Reason A Reason reporter went to Paso Robles, California, where many businesses defied state orders to close. He enjoyed it. He also got COVID. |
Jamie Powell, FT Alphaville |
Ed Yardeni, Dr. Ed's Blog A housing shortage is turning rent disinflation around. |
Scott Grannis, Calafia Beach Pundit Today the Fed released its estimates of household net worth as of the end of December 2020. Net worth has reached a new record high. |
Ben Carlson, A Wealth Of Common Sense It isn't that hard. |
Justin Bariso, Inc. Get a first look at Google's new certificate programs and a new feature of Google Search designed to help job seekers everywhere. | |
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