08/26/2020 Today
Owen Ullmann, USA Today As the Republican National Convention makes its case to the American public this week, we’ll be hearing a lot from President Trump and his surrogates about his genius as a manager of the nation’s economy. True, the coronavirus pandemic sent the economy crashing into a downturn unlike anything we’ve experienced since the Great Depression nearly a century before. But the virus wasn’t his doing, and he’ll make the case — as he has numerous times before — that he had engineered the best economy ever before the pandemic struck. |
Adam Brandon, Fox Business The GOP would do well to drive home three key points at this week's RNC. |
Janet Yellen & Jared Bernstein, New York Times Thirty million households didn't have enough food in the last week. Only the Fed has acted forcefully. |
Donald Boudreaux, American Institute for Economic Research Do workers in market economies need labor unions to ensure that they are paid fairly – that is, to ensure that they’re paid wages that reflect the market value of what they produce? Many people are confident that the answer is yes. And the ranks of people offering this answer are lately further swelling as they fill with populist conservatives such as Sen. Marco Rubio (R-FL) and those at Oren Cass’s American Compass. |
Michael Pollard & Lois Davis, The Hill The USPS often makes "last-mile deliveries" on behalf of those private companies, because the Postal Service has the existing infrastructure in these locations while the private companies do not. |
Ryan Ellis, Washington Examiner This weekend, House Speaker Nancy Pelosi hastily called back members of the House of Representatives early from the August recess (if "call back" means anything in an era of remote voting). As odd as that was, it also came right smack in the middle of the quadrennial party convention exercises (virtual though they be) and despite Democrats across the country being shrill Karens about not taking needless COVID-19 travel risks. |
Jon Ogg, 24/7 Wall St. The Conference Board has released some disappointing data regarding the confidence of American consumers. |
Eric Nelson, Servo Wealth Management These are the five most important investment decisions to achieve a successful financial experience. Read and consider them carefully, and then forward this article on to a friend or family member facing the same financial challenges. |
Doug MacArthur, RCM Covid-19 continues to fill the news, while the horrors inflicted by pandemic panic are largely ignored. Perhaps nowhere is this truer than with America’s largest former territory and Asia’s first democracy, the Philippines. There President Rodrigo Duterte has declared martial law in all but name and established himself as dictator of the world’s 12th largest country. Soldiers patrol the streets on foot and in armored personnel carriers to enforce what’s probably the fiercest and longest-lasting lockdown in the world – and with no end in sight. But relax.... |
Robert Powell, USA Today When it comes to Social Security, there are plenty of misconceptions. And many of the misconceptions have to do with Social Security’s earnings test. The earnings test reduces the program’s Old Age and Survivors Insurance benefits in a given year as a proportion of a claimant’s earnings above an exempt amount in that year, according to a paper presented at the 2020 Retirement and Disability Research Consortium. |
Market Minder, FI Why we don't think investors should try to pick winners in the race to develop COVID vaccines. |
Mark Hulbert, MarketWatch Companies? largest shareholders are selling stock at an aggressive clip, skewing the data |
Jonathan Lesser, Manhattan Institute Offshore wind is becoming increasingly popular among politicians and policymakers; however, the actual costs are likely being downplayed. |
Richard Moody, Regions Bank |
Brian Wesbury & Robert Stein, First Trust Advisors |
Jerry Bowyer, Vident Financial |
Steve Englander, Standard Chartered Bank |
Kathy Jones, Charles Schwab Real yields have dropped into negative territory as inflation expectations rise. |
Ryan Detrick, LPL Financial Research Market Blog "Better late than never." It took a while, but the S&P 500 Index finally made a new all-time high, coming all the way back from the vicious 34% bear market in less than six months.? |
Steve Cuozzo, New York Post New York City is dead! So claimed hedge-fund entrepreneur, prolific author and â?" keep this in mind â?" professional comic James Altucher. |
Vivekanand Jayakumar, The Hill Thankfully, due to modern-era health care systems, improved hygiene standards, and communication technologies, casualties from the COVID-19 pandemic are likely to be far lower than in prior worldwide pandemics. |
Market Minder, Fisher Investments Are COVID-impacted prices reason for investors to worry? |
Matt Mackowiak, Examiner Attorney General Bill Barr announced last month that his department would take a hard look at the Big Tech companies for antitrust violations. Both Republicans and Democrats applauded this move and hope the Department of Justice's investigations will stifle Silicon Valley's many monopolies. |
Mark Hulbert, MarketWatch Stocks deleted from an index often proceed to beat the additions |
Brian Stelter, CNN "Everything I know about the Constitution, I learned from you on 'Fox & Friends,'" President Donald Trump once told Judge Andrew Napolitano. |
Lisa Senecal, USA Today It is never a good idea to spike the ball in the end zone and declare victory in the first quarter. Kellyanne Conway, the Special Advisor to President Trump who is now stepping down from that role, should have known better when she declared the administration’s victory over COVID-19 on March 6, 2020. |
Jim Tankersley, New York Times Despite the recession, polling data and interviews with voters and political analysts suggest that a confluence of factors are raising the president's standing on the economy issue. |
Michael Del Castillo, Forbes When printing paper money is your core business, hyper-inflation is your best friend and digital transactions are your worst enemy. How Germany's Giesecke & Devrient has learned to thrive in a low inflation, electronic payments world. |
Ellen Aprill, The Hill We cannot look to philanthropy for deliverance here. In terms of authority, that is a letter only Congress may postmark. |
Jeffrey Tucker, American Institute for Economic Research It’s happened to quite a number of us. We write against the lockdowns for all the incredible economic, psychological, and institutional carnage they have caused, and how they have shattered our expectations of our rights and freedoms, and our presumptions about what government has the power to do to us. |
Garrett Watson & Erica York, Tax Foundation Biden's tax vision: higher taxes on high-income earners and businesses paired with more generous provisions for specific activities and households. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Matt Egan, CNN Business Bustling skyscrapers and office parks packed with workers could be a relic of the pre-pandemic world. |
Brett Arends, MarketWatch The math isn't as compelling as it might seem |
Aaron Benanav, The Guardian Like other ridesharing companies, it made a big bet on an automated future that has failed to materialise. |
Macromon, Global Macro Monitor Stunning transformation of the world's largest stocks over the past decade-and-a-half. |
Tyler Cowen, Marginal Revolution Pretty bad but other things were worse. |
Nick Maggiulli, Of Dollars & Data On tradeoffs and why there is rarely a "right" way to do anything. |
James Picerno, The Capital Spectator Yes | |
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