12/14/2020
Today Lawrence Cunningham, MarketWatch Active vs. passive is polarized but in fact they each have unique and valuable qualities |
Paul Sullivan, The New York Times Students in the M.B.A. class of 2021 have been hit particularly hard. The degree can cost $200,000, not counting lost wages. |
John Osborne, RCM The narrative that humanity is waging a ‘war on nature' is nonsense. At Columbia University on December 2, 2020, U.N. Secretary General Antonio Guterres claimed that humanity's "war" on the environment was coming to a head. Guterres said, "We are facing a devastating pandemic, new heights of global heating, new lows of ecological degradation and new setbacks in our work towards global goals for more equitable, inclusive and sustainable development… To put it simply, the state of the planet is broken." Is humanity facing the crisis that Guterres claims? Is the planet... |
Michael Hiltzik, Los Angeles Times Science denial has long been at the center of GOP politics, but this year it killed tens of thousands of people. |
John Tamny, Forbes If New York City has long been the ?final test? for the talented, then 21 Club has long been the restaurant where those who passed celebrated the achievement. |
Jenin Younes, American Institute for Economic Research Lest you were hopeful that some semblance of normal life will return in 2021, either due to the development of vaccines or the pandemic fizzling out on its own, the New York Timesand 700 epidemiologists have news for you. An article that appeared in the paper on December 4, 2020, entitled "How 700 Epidemiologists are Living Now, and What They Think is Next," with the subheading "They are going to the grocery store again, but don't see vaccines making life normal right away," reveals that most in the profession, or at least the vast majority of those interviewed for the piece, believe that... |
Charles Gasparino, NYP Dimon, I am told, vetoed a plan several years back to move a swath of the bank from NYC to south Florida because he didn't think the schools were good enough. |
Bruce Yandle, Washington Examiner In recent days, political pressure to do something about the $1.5 trillion in student debt owed to the federal government has heightened. An average of about $35,000 is owed by some 43,000 students and their parents. Interestingly, no one seems too concerned about our collective $1.2 trillion in auto debt, where the average loan stands at $32,480 for new vehicles and around $20,000 for used cars, perhaps owed by some of the same struggling people. |
Matt Casale, The Hill The projects that we choose to invest in should be ones that are going to make American lives better. We should not invest in outdated infrastructure. |
Andrew Wilford, RealClearMarkets Listening to progressives talk about the 2017 tax reform law, you'd come away thinking that the law was a massive giveaway to the wealthy. But as new data from the IRS shows, that's simply not the case. In fact, as a percentage of federal individual income taxes paid, the wealthiest Americans are now shouldering an even greater portion of the burden than they were before. IRS data on tax filings is generally released about two years after the filing deadline, so until this point we have had no official data on tax returns under the new tax code. Of course, the fact that the Tax Cuts and Jobs... |
Jacob Silverman, The New Republic The Tesla mogul says he wants to be left alone. But he's been living off the taxpayer's dime for years. |
Clare Duffy & Shannon Liao, CNN Picture this: You are the ultimate Apple fan. You've got an unlimited budget. And you want all of the things: top-of-the-line devices, fancy accessories and services. |
Richard Moody, Regions Bank |
Michael Townsend, Charles Schwab Results will have a profound impact on the Biden administration's ability to move its policy agenda forward in the first two years. |
Dan Mitchell, International Liberty Back in 2015, just five years ago, it seemed like entitlement reform might happen. Republicans in the House and Senate voted for budgets based on much-needed changes to Medicare and Medicaid. That was only a symbolic step with Obama in the White House, to be sure, but the presumption was that actual reform would be? |
Richard Moody, Regions Bank |
Brian Wesbury & Robert Stein, First Trust Advisors |
Martin Pring, Pring Turner Asset Mgmt. |
Steve Case & John Delaney, CNN If small businesses are shutting down, something that happens even in the absence of a global pandemic, then we need to make sure we are creating new companies. |
John Rekenthaler, Morningstar The help came from an unexpected source. |
Jeff Carter, Points and Figures It's pretty easy to find articles calling for market tops today. The next crash is just right around the corner. I have been seeing the same exact article since |
Elaine Low, Variety Part razzle dazzle, part corporate flex, the Walt Disney Company's four hour-long investor day presentation unleashed a torrent of announcements, including a slew of upcoming "Star Wars," Marvel and Pixar series and features, and news that Disney Plus had surpassed 86 million subscribers. |
Hal Singer, Pro Market Assuming Facebook's acquisitions of Instagram and WhatsApp can be shown to have eliminated emerging rivals, reversing those acquisitions via divestiture is the logical place to begin. |
Emily Stewart, Vox 45 million Americans have student debt. There's a debate about whether Joe Biden should forgive some or all of it. |
Barry Eichengreen, Project Syndicate If global growth resumes in 2021, aided by the rollout of vaccines and the Fed's continued commitment to ultra-low interest rates, some developing countries may be able to avoid default, because yield-hungry investors will continue to buy their bonds. But other countries will not be so lucky. |
Jeffrey Tucker, AIER Most people today regard America's experiment with alcohol prohibition as a national embarrassment, rightly repealed in 1933. So it will be with the closures and lockdowns of 2020, someday. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Ed Yardeni, Dr. Ed's Blog Will the four Ds continue to hold down inflation? |
Tyler Cowen, Marginal Revolution There are a lot of good things happening. |
Clare Duffy, CNN Business Silicon Valley has been the epicenter of the tech industry for decades, starting in 1938 when Bill Hewlett and David Packard started tinkering in a Palo Alto garage. |
Ben Carlson, A Wealth Of Common Sense Some lessons from a crazy year in the markets |
Mark Sappenfield, The Christian Science Monitor David Blankenhorn believes the collapse of partisan goodwill is only a symptom of a collapse of trust in one another and he wants to fix it. |
Haley Zaremba, OilPrice.com China has now powered up its 'artificial sun' as it races to achieve the holy grail of energy markets - nuclear fusion |
Liam Vaughan, BusinessWeek Over the course of a few hours on April 20, a guy called Cuddles and eight of his pals from the freewheeling world of London's commodities markets rode oil's crash to a $660 million profit. |
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