06/18/2021 Today
Matthew Winkler, Bloomberg Underneath the alarmist headlines is an economic powerhouse. |
Connor Harris, City Journal Left-wing interest groups are often the fiercest supporters of regulations that make housing in the Golden State so expensive. |
Rob Smith, RealClearMarkets I was lounging in my Malibu beach house and the University of Alabama cheerleaders were dropping grapes in my mouth……, oh wait, that's a different dream. My bad. In this dream, I was giving a speech on the National Mall. Needless to say the crowd, two million strong, was mesmerized by my mellifluous voice and country boy charm. At first, I couldn't make out exactly why I was there and what I was saying that so captivated the throngs of admirers. As my dream came into sharper focus, I noticed I had these laurel and olive leaves in my hair. Suddenly, I realized that I had just... |
Rachel Hartman, U.S. News & World Report If you're shopping for a new home, you may be looking for ways to fund the purchase. Taking out cash from a retirement account such as an IRA might be an option in some cases. However, before you withdraw money from an IRA, you'll want to evaluate the short-term and long-term consequences. Use the following criteria to help decide whether to use your IRA to buy a house. |
Stacy Mitchell, New York Times Labor and small business were once natural allies against big business. They should join forces again. |
Jeffrey Tucker, RCM Is there anything liberal remaining in the word liberalism? It was bad enough when 90 years ago "liberalism" acquiesced to supporting the corporate statism of the New Deal. It was in 1933 that FDR took power and imposed unprecedented control over economic life. That decisive rejection of the free economy in favor of government planning was a big turning point. Not much has changed since then. But backing the egregious lockdowns of 2020 is something that no living liberal intellectual from 100 years ago would have imagined doing. The corruption seems to have taken place in marginal steps. The... |
Demian Brady, Washington Examiner President Joe Biden and congressional Democrats are focusing policy efforts on the "tax gap," a hazy estimate of the difference between what taxpayers pay in taxes and the amount the IRS thinks they actually owe. |
Austin Stone, Law & Liberty Austin Stone notes the vital difference between free market capitalism and crony capitalism, and why it is central to our rhetorical battles. |
Market Minder, Fisher Halfway through the year, gridlock still rules the roost. |
Judy Shelton, NYS The next time you hear a Federal Reserve official intone about the central bank's commitment to "price stability," might take a moment to reflect on how that goal came to be defined as 2% inflation. The 2% number is so ingrained that our monetary |
Jeffrey Snider, RealClearMarkets So many dots, so little time. Actually, only a few dots, quite a ton of unearned noise. If we're talking about dots again then that could only mean doing the same thing and expecting different outcomes. Those blotches are simply what policymakers themselves believe that future will look like, probabilities and whatnot. Thinking ahead, moving them around here or there is supposed to convey changes to or from "hawkishness." Yet, we need only go back a few years to re-witness the futility of the exercise. Dots went one way, reality quite the other. And that reality is the Federal Reserve... |
Nick Martin, The New Republic A federal judge ruled against the administration's pause on new drilling leases this week. But the Interior Department still has space to act. |
Liz Ann Sonders, Charles Schwab The Fed kept rates unchanged, but updated median projections from the FOMC show two rate hikes likely by the end of 2023. |
Derek Bergen, Applied Finance While Applied Finance has long advocated for investors to consider the strategic advantages from incorporating a valuation-based discipline in portfolio construction and stock selection, this study provides compelling evidence that even passive allocations benefit when index weights are formed on intrinsic value characteristics instead of using market cap as a proxy. |
Richard Moody, Regions Bank |
Brad McMillan, Commonwealth Financial With inflation a concern, what should we expect from the Fed? Commonwealth CIO Brad McMillan says despite the headlines, the Fed will likely sit tight. |
Richard Moody, Regions Bank |
Kathy Jones, Charles Schwab We see the recent plateau in yields as a pause before the next wave higher. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Jeffrey D. Sachs, Project Syndicate The group's recent summit in Cornwall should be its last. Political leaders need to stop devoting their energy to an exercise that is unrepresentative of today's global economy and results in a near-complete disconnect between stated aims and the means adopted to achieve them. |
Eric Boehm, Reason And as many as 75 percent of middle income households face a tax increase under Biden's plan, even though the highest-earning households will pay the vast majority of the costs. |
Sunniva Kolostyak, MStar A boom in young and overconfident investors has led to the rise of investment influencers on social-media platforms, but following their advice blindly is not a solid strategy. |
Jack Nicas, New York Times Doug Guthrie, once one of America's leading China bulls, rang the alarm on doing business there. He spoke about his time at Apple. |
Davide Barbuscia, Reuters Faced with the choice of leaving their savings stuck in the bank or investing them at a huge loss, some Lebanese people are opting to take a punt. For them, it's the only sensible option in a financial system warped by crisis. |
Felix Marquardt, FT Alphaville The addictions and the contradictions that lie at the heart of the circus that is the World Economic Forum. |
Mark Hulbert, MarketWatch The Federal Reserve was just the spark; the tinder was the excessive bullishness of market-timing traders |
Peter Suderman, Reason It's a jobs plan that isn't about jobs, and an infrastructure plan that isn't about infrastructure. |
Greg Rosalsky, NPR The U.S. trade deficit is hitting record highs — and it's fueled by a surge in demand for imports, mostly from East Asia. On both land and at sea, the shipping industry is struggling to keep up. |
Jodi Kantor & Karen Weise, New York Times Each year, hundreds of thousands of workers churn through a vast mechanism that hires and monitors, disciplines and fires. Amid the pandemic, the already strained system lurched. |
Emily Stewart, Vox "If you're trading like it's a game, you're probably going to lose." |
Hakeem Jeffries, CNN We are calling for funding an additional one million affordable homes, not in 10 years, but in five years, to be included in the pending infrastructure bill. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
James Picerno, The Capital Spectator Federal Reserve Chairman Jerome Powell admitted in yesterday's press conference that if inflation runs hotter for longer than it expects, the central bank would react accordingly by adopting a more hawkish stance. But for now, that scenario remains a low-probability scenario, he says. |
Jamie Catherwood, Future Instead of trying to eradicate speculative manias, we should channel investors' innate affinity for speculation into productive ventures. |
Ben Carlson, A Wealth Of Common Sense There are tons of books about how to prepare for a market crash. But few to help you navigate a long bull market. |
Anthony Gill, AIER Summer is here and with Covid-based restrictions on fun finally receding (we hope), a return to normalcy promises the ubiquitous picnics, softball games, and sidewalk lemonade stands run by kids on their vacation away from school. But wait a minute! Not all those Great American activities may be legal. |
Morgan Housel, Collaborative Fund Everyone's human, everyone's flawed, nobody knows everything. |
Veronique de Rugy, Reason It will be no better for taxpayers than oil cartels are for consumers. |
Laura Lallos, Morningstar The former congressman remains an outspoken advocate. | |
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