06/05/2021
Today Jeffrey Tucker, RCM Reading through the 4,000-plus pages of Dr. Fauci's emails - where's the bottle of Visine? - has not been the most exciting of literary experiences, but it certainly has been revealing. After all, Dr. Fauci was the US architect of the lockdowns that smashed all that we believed was true in the good ‘ol US of A; namely that we had rights and freedoms and a system of government that protected both. Suddenly we found ourselves housebound by law, prevented from going to concerts, movies, church, or even to the hospital if we didn't have Covid-19 (health care spending fell 6% in 2020). So,... |
James K. Galbraith, Project Syndicate Following an increase in consumer prices during the first quarter of the year, commentators who were already wringing their hands about inflation have now doubled down on their position. But the economic arguments used to justify such fears simply do not stand up to scrutiny. |
Michael Barone, Washington Examiner |
Eric Levitz, Intelligencer If Biden executes his plan for full employment, heightened class conflict will ensue. |
Michael R. Strain, National Review Workers sitting on the sidelines is a serious issue. More is at stake than a bumpy economic ride. |
Brad Polumbo, NRO Have you ever seen a poor person driving a Tesla? |
Seth Berenzweig & John Tamny, Capitol Brief John Tamny of RealClear Markets and Forbes discusses the real pricing of oil with host Seth Berenzweig |
Jack Shafer, Politico The social-media giant is getting expert at punting on its biggest political issue. |
Betsey Stevenson, NYT The unemployed and potential employers are like single people at a giant mixer — there are opportunities, but most won't find the perfect match right away. |
Kotkin & Krüger, Quillette The COVID-19 pandemic has transformed the world economy in ways that will be debated by pundits and future historians for decades to come. Yet, as hard as it is to predict a disrupted future accura… |
Gene Marks, Hill In other words, the cavalry is on its way. |
Paul Krugman, The New York Times Biden has it mostly right. But will Congress water down his plans? |
Brad McMillan, Commonwealth May marked a transition back to normality. How will this success affect us in June? Commonwealth CIO Brad McMillan considers a fitting end to the pandemic. |
Ryan Detrick, LPL Financial Research Market Blog Wednesday, June 2, 2021 |
Bret Swanson, American Enterprise Institute |
Carrie Schwab-Pomerantz, Schwab Most families don't pay the sticker price for college, but don't put off saving. Consider a 529—and start early. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Ben Casselman, New York Times The ebbing of the pandemic has brought price increases, supply bottlenecks and labor shortages. Key indicators will show whether it's just a stage. |
Catherine Rampell, WaPo If there were plenty of reasons to avoid these tariffs three years ago, there are even more reasons to scrap them today. |
Kenneth Rogoff, Project Syndicate Although prominent cryptocurrency advocates are politically connected and have democratized their base, regulators simply cannot sit on their hands forever. Malicious ransomware attacks targeting growing numbers of firms and individuals could prove to be the tipping point. |
Daniel Lippman, Politico Amazon Web Services is snapping up former government officials who can help them gain access to lucrative federal contracts. |
Staff, The Economist American and Chinese businesses have left their European counterparts in the dust | Briefing |
Laurent Belsie, CSM For many Americans, one result of pandemic career upheaval is that retirement has come sooner than planned – while others no longer feel ready. |
Peter Suderman, Reason The White House chose not to include cost estimates for a number of big-ticket health care policies—while still expressing support for them. |
Joshua Brown, Fortune Younger generations are reshaping the rules and conventions of investing. Older investors can't afford to dismiss them. |
Veronique de Rugy, Reason The spending plan demonstrates an unwillingness to govern and a preference for pandering to special interests. |
P.J. O'Rourke, John Tamny, American Consequences The Wuhan-lab leak theory refocuses the pandemic narrative, scapegoating China while letting Fauci and Congress shirk responsibility. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Tim Kreider, The Atlantic I have gotten acclimated to a different existence. |
Drew Voros, ETF.COM Maybe commodities aren't suited to ETFs. |
John Cochrane, The Grumpy Economist As an economist, I always look first to see what's wrong in the rules of the game if I don't like the outcome. |
Ironman, Political Calculations May 2021 continued the strong environment of the last few months for the U.S. stock market's dividend payers. |
Jamie Powell, FT Alphaville Gamestop and AMC are the two biggest holdings in the Russell 2000 Value index. |
Avery Koop, Visual Capitalist There are over 2700 billionaires in the world, but how many are millennials? This visual breaks down the richest millennial billionaires. |
Noah Smith, Noahpinion Yes. But not as much as we ought to be. |
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