06/24/2020
Today P.J. O'Rourke, American Consequences The protests all across America are obvious, but what’s most obvious about them is not what’s most important… The message is more fundamental than the mess. The vandalism and the looting are unnatural catastrophes, and they don’t convey much more meaning than catastrophes of the natural kind. |
Thomas Kirchner & Paul Hoffmeister, RealClearMarkets With ?1.9 billion ($2.1bn) in cash missing, it appears that Wirecard may join an illustrious lineup of large cap stock frauds in Europe and China. It is notable that the U.S. market has not... |
Paul Bodnar & Tamara Grbusic, New York Times The federal government's spending on calamities related to global warming is a rapidly rising fiscal threat. |
Donald Boudreaux, American Institute for Economic Research I spend much of my time wondering. I wonder about many matters. But the kind of wondering that I typically do isn’t the kind that finds me marveling wide-eyed at some amazing feature of reality (although I do sometimes marvel in this way). Most of my wondering results from me being mystified that so many people fail to ask questions of the sort that strike me as obvious, relevant, and important. |
Steve Cuozzo, City Journal The appeal of working from home wears thin, and big real estate deals promise a rebirth of the Big Apple. |
Alex Hendrie, RealClearMarkets Lawmakers are weighing the contents and timeline of a future COVID-19 response package, with many expecting the Senate debating a bill in July. While it remains to be seen whether... |
Jill Homan, Washington Examiner As peaceful protests are co-opted by violent rioters, urban neighborhoods that have already been hit hard by the coronavirus are now being vandalized and looted. |
Anthony Ferrante, The Hill U.S. officials say the amount stolen is already in the millions. |
Aaron Mak, Slate There's a good chance this turns out to be a high-tech boondoggle. |
Chris Isidore, CNN Most companies are being careful during the pandemic, holding virtual annual meetings among other safety measures. |
David Bahnsen, National Review The downside of low interest rates is hard to see, but dangerous nonetheless. |
Andrea Riquier, MarketWatch ?Tinder, but for money?? |
Jeff Troutner, Equius Partners |
Howard Husock, Manhattan Institute How did a change in Chinese policy make recycling in the U.S. no longer financially feasible? A new report examines the cost-benefit analysis of recycling. |
Jerry Bowyer, Vident Financial |
Jerry Bowyer, Vident Financial |
Allison Schrager, Manhattan Institute |
Wayne Crews, Competitive Enterprise Institute I remembered wondering in 2017 whether the federal government would be larger or smaller after four years of Trump. The debt has now topped $25 trillion and the deficit alone will top $4 trillion, a figure that, incredibly, is higher than all federal outlays as recently as 2015. In the meantime, President Trump can and should use a meataxe on regulation unilaterally. |
Ralph Benko, Newsmax The Democratic Party platform is doubling down on democratic socialism while the Republicans stick to mere slogans. |
Brad Polumbo, Foundation for Economic Education President Trump’s political future has been closely intertwined with the economy’s success since his first day in the White House. Now that the COVID-19 pandemic and ensuing government-mandated societal shutdown have sent the economy spiraling into a recession, the president’s hopes of reelection this November largely depend on convincing voters that only he can oversee a strong recovery. |
Beth Akers, Economics21 When the Covid pandemic hit, it hit hard and fast. To their credit, Congress responded as quickly as almost anyone could have imagined, with generous spending designed to put the nation’s economy on ice as the pandemic heated up. The goal was to mitigate the devastation caused by the abrupt halt in supply caused by closures. But some of those initial efforts had an expiration date and it’s coming soon. Many of the provisions created to aid Americans and businesses at the time of the onset of the crisis will expire at the end of July. While the widespread closures initially... |
Steve Caldeira & Jay Timmons, The Hill While many were asked to stay at home, most manufacturers remained open, carefully implementing new protocols to keep workers and communities safe. |
Brittany Bronson, NYT While gamblers refuse masks, workers fear for their safety. |
Joakim Book, American Institute for Economic Research Like many others during the coronavirus pandemic, I have upped my consumption of podcasts. One problem, as most devoted listeners are aware, is that there are so many podcasts producing so much great content that you can’t always keep up. Thus, episode after episode line your podcast app, sometimes until they’re so outdated that they end up in the bin. |
Dan Proft, The Dan Proft Show |
Steve Milloy, Washington Examiner The original rationale for fuel efficiency standards, originally triggered by the 1970s energy crisis and fears of "peak oil," was put to rest about 10 years ago by the advent of fracking. Neither shortages nor dependence on foreign oil is really a consideration any longer. |
David Clement & Anthony Bellotti, Washington Examiner The federal government's approval process for medicines, treatments, and vaccines is broken, and red tape at the Food and Drug Administration is to blame. |
Sergei Klebnikov, Forbes Investors aren't paying "nearly enough attention to the enormous permanent damage" caused by coronavirus. |
James Bovard, American Institute for Economic Research |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Amy Whyte, Institutional Investor The long-term effects of the pandemic are not reflected in current stock prices, according to the II Fear Index. |
Ruth Margalit, The New Yorker The Biblical ruler’s story has been told for millennia. Archeologists are still fighting over whether it’s true. |
Howard Lindzon, Howard Lindzon People do NOT need to own 500 stocks. |
Mohamed El-Erian, Project Syndicate No matter how big an economy is, it is heavily influenced by US economic growth, financial stability, and policy spillovers. With the COVID-19 crisis, the evolution of the global economic-policy paradigm has become an urgent matter, and the rest of the world must not suffer the consequences of a US that does too little, too late. |
Patti Domm, CNBC Investors are making the biggest bet in the futures market since 2011 that the stock market is going to sell off |
Mark Hulbert, MarketWatch Today's low interest rates don't justify the bulls' case |
Matt Taibbi, Matt Taibbi A flurry of newsroom revolts has transformed the American press |
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