08/24/2021
Today John Tierney, CJ Reluctant to set the public free, policymakers and the public-health bureaucracy set unachievable and unnecessary goals. |
Lydia Moynihan, New York Post As Wall Street scrambles to find safe ways to return its bankers to the office as the Delta variant surges, some financiers have found a scapegoat for the mess: the unvaccinated. "Most employees on… |
Rafael Resendes, The Market Quantitative investment strategies have intellectually dominated the financial industry for sixty years. In practice, however, fundamental analysis offers crucial advantages. Therefore, it's time for the two camps to overcome their differences and work together. |
Paul La Monica, CNN The Delta variant. Inflation. The Fed tapering its stimulus. The mess in Afghanistan. There are a lot of things for investors to be nervous about these days. |
Carlos Betancourt, Worth The current total value of the cryptocurrency market is approximately $2 trillion. Both institutional investors and venture capital firms have arrived and show no sign of relenting. |
Market Minder, Fisher Investments After big volatility, we think it is crucial to look forward—like markets do. |
Neil Irwin, NYT So far, in a real-world test of a new approach to economic policy, prices have been rising faster than wages. |
John Tamny, RealClearMarkets It would be hard to find a discipline stalked by more fallacy than economics. Many large libraries could be filled with thick books laying out the myriad ways in which the truth about human action is mangled by confused individuals inside and outside the economics profession. One of the biggest fallacies (or myths) of economics that just won't die is the one about embargoes, or "unauthorized export." Supposedly producers of goods and services can embargo certain buyers of same. Except that they can't. There's quite simply no accounting for the final destination of any good. Repeat the... |
Jerusalem Demsas, Vox Save America's declining cities. Bring in the refugees. |
Andrew Wilford, RCM As Democrats scramble to find ways to pay for a gargantuan $3.5 trillion budget, they have begun throwing outlandish proposals at the wall in the hope that something sticks. The latest is a revival of Sen. Elizabeth Warren's proposal for a "minimum book tax" targeted at large corporations. Despite receiving the label of a "minimum" tax, the latest proposal out of Warren's mad scientist factory of bad tax policy would apply to all businesses with over $100 million in revenue, regardless of their traditional corporate income tax liability. Each affected corporation would be required to pay a 7... |
Rep. Brendan Boyle, The Hill The debt ceiling, and the recurring havoc it brings, is a completely broken mechanism. |
David Zipper, Slate A first step toward protecting everyone else from "Autopilot." |
Richard Moody, Regions Bank |
Greg Obenshain, Verdad Behavioral economists at Harvard say the answer might be "yes" |
Russell Redenbaugh & James Juliano, Kairos Capital Management |
Liz Ann Sonders & Jeffrey Kleintop & Kathy Jones, Charles Schwab The U.S. economy appears to be shifting from recovery mode to a new, more-mature expansion phase. |
Various & Various Articles, Outdoorsy Among NPS's historically significant sites, national historical parks and national memorials were most visited in 2020. Here are the top 15! |
Anu Gaggar, Commonwealth Financial A study suggests that, due to the pandemic, children may grow up financially worse off than their parents. Commonwealth's Anu Gaggar reviews the data. |
Carrie Schwab-Pomerantz, Charles Schwab We can't control inflation or know what it will be in the future, but we can be smart about how we prepare. |
Kenrick Cai, Forbes It's been a rollercoaster year among the very wealthiest, with Musk, Jeff Bezos and LVMH's Bernard Arnault all vying for the number one spot. |
Stephen McBride, RiskHedge Did you hear Joe Biden's big announcement? |
Matt Phillips, NYT Ms. Wood says the Holy Spirit moved her to strike out on her own after an up-and-down career in money management. But it's her belief in herself that won the Reddit crowd's faith. |
Michael Riedel, New York Post How the inspired "I Love New York" campaign lured crowds to Broadway — and a modern-day commercial could do the same again. |
Álvaro Vargas Llosa, Hill The financial chickens have finally come home to roost. |
Doug Bandow, AIER "Washington should stop punishing the very people the Cuban government is oppressing. One frustrated Cuban told me that 'We need the Americans back.' President Biden, let the American people go!" ~ Doug Bandow |
Rachel Greszler, Washington Examiner American Express has embarked on "racial justice" initiatives including woke employee training programs. Sadly, the remedies advocated in these sessions ignore basic principles of economics and equality. If AmEx truly embraced them, it would upend its business model and ultimately collapse. |
Nathaniel Meyersohn, CNN Amazon upended the US brick-and-mortar department store model built by companies like Sears and J.C. Penney. Now, the e-commerce giant reportedly has plans to open physical stores that resemble the concept it's helping to crush. |
Robert Skidelsky, Project Syndicate So much of our lives nowadays are determined by the smooth functioning of technologies of which we know little. Even if the risk of a global breakdown remains remote, we will increasingly find ourselves helpless and panic-stricken in the face of even mild upsets to "normal" life. |
Josh Bivens, New York Times These charts break down the data behind the headline numbers. |
Daniel Sotiroff, Morningstar Use caution when chasing yield. |
Allison Schrager, City Journal Why China will never have the world's preeminent economy. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
J.D. Tuccille, Reason A minority of the population picking up the tab would be dangerous if the situation were to last. |
Sarah Kliff, The Upshot Getting simple medical care at some hospitals can cost more with insurance than without. |
Amanda Mull, Material World Amazon appears to have discovered that the fastest, freest shipping is picking stuff up in person. |
Yanis Varoufakis, PS America's liberal imperialist doctrine has been responsible for appalling carnage in places like Vietnam, Iraq, and Central America. But America has also produced a liberal anti-imperialist doctrine that remains ensconced in a TV series that has been captivating US audiences since 1966. |
Mark Rzepczynski, Disciplined Global Macro Money, money everywhere but in the loan market |
Joe Kesler, HumbleDollar We don't actually own anything in this life. Rather, we are stewards of what we've been given and must manage our wealth accordingly. |
Jamie Catherwood, Investor Amnesia The politics of debt. |
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