07/08/2020
Today Charles Lane, Washington Post The best hedge against its downfall is to make sure U.S. institutions remain more trustworthy than the alternatives. |
Alexander Salter, RealClearMarkets The Federal Reserve's mandate has greatly expanded. The US central bank used to be in charge of monetary policy. Now, thanks in part to short-sightedness by Congress, the Fed is doing fiscal... |
Chris Isidore, CNN The American economy's unprecedented jobs rebound masks a difficult truth: For millions of people, the jobs they lost are never coming back. |
Rupert Darwall, RCM New York City comptroller Scott Stringer is at again. On Wednesday, the man responsible for the New York City Employees' Retirement System's (NYCERS) five pension funds wrote to... |
Market Minder, Fisher Investments Investors' fighting the last war is normal in a new bull market. |
Mayor Vince Williams, The Hill While we work together to address the ongoing public health crisis, the looming financial crisis facing municipalities like mine in Union City, Ga., and others is starting to take shape. Cities, towns and villages from all over the United States are facing unavoidable and catastrophic cuts to essential services. |
Matt Strauss, City Journal The first-to-reopen state maintains a Covid-19 death rate well below those of northeastern statesâ?"though you'd never know it from the media coverage. |
Jeremy Sicklick, RealClearMarkets |
James Gwartney, American Institute for Economic Research One thing is certain: life in America is not going to be the same after COVID-19. Like the Great Depression and World War II, the pandemic will exert an impact for years, perhaps even decades, on the nation’s economic and political fortunes. |
Kenneth Vogel, New York Times The loan program to help firms keep paying their workers had many beneficiaries. Among them was the capital's permanent political class. |
Marie Johns & Kyle Herrig, USA Today In recent months, hundreds of thousands of small businesses have turned off their lights, potentially never to reopen. A disproportionate number of those businesses were owned by people of color in underserved communities. Our government’s systematic failure to support small businesses did not happen by accident. If we fail to change course, our small businesses may never recover. |
Bruce Yandle, Washington Examiner Last week's Bureau of Labor Statistics report on the June employment situation was celebrated for good reason. News that 4.8 million jobs had been filled in June, and that May's previous 2.1 million count of new hires had been raised to 2.8 million, gave a clear indication that when people forced to take refuge in their homes are allowed to go to work, they eagerly get their names on a payroll. |
Turner & Walker & Moore, PERC |
Jerry Bowyer, Vident Financial |
Carrie Schwab-Pomerantz, Charles Schwab If you've lost your job, Carrie Schwab-Pomerantz offers a step-by-step approach to taking advantage of all your available resources. |
Ryan Detrick, LPL Financial Research Market Blog What a quarter the second quarter was, with the S&P 500 Index adding 20.0%, for the best quarter since 1998 and the best second quarter since 1938. Of course, stocks fell 20% in the? |
Michael Iachini, Charles Schwab It's natural to ask if there's a downside to SRI. |
Wayne Crews, CEI The administration released the Spring 2020 Unified Agenda of Federal Regulatory and Deregulatory Actions. Its purpose is to lay out regulatory priorities of the federal bureaucracy and report on recently completed actions.Under Executive Order 13771, the administration directed agencies to eliminate at least two regulations for every significant one added, and keep net new |
Market Minder, Fisher Investments Analysts have expected dismal Q2 data for months. |
Liz Alderman, New York Times The pandemic is propelling a shift toward a cashless society in ways that no other single event has. Experts say that's not necessarily a good thing. |
Donald Boudreaux, American Institute for Economic Research Some truths cannot be stated too often, including this one: the most important public service performed by economists is to bring to light – to haul, heave, push, pull, or drag into people’s line of intellectual vision – that which is unseen. Competent economists have performed this service from the start. |
Mark Hulbert, MarketWatch Believe it or not, there are some circumstances in which it's OK to try |
Coryanne Hicks, U.S. News & World Report MORE THAN ONE IN FOUR investors have experienced a financial loss in the stock market, according to Ameriprise Financial's January 2020 survey "Financial Comebacks." Today, that percentage is likely even higher given the recent economic disruption. |
Kristin Tate, The Hill Several factors have forced residents to move from urban areas. |
Ryan Ellis, Examiner In recent weeks, House Democrats have begun to signal how they would govern if given unified control of the federal government. While they will take what they can get from COVID-19 relief bills and conventional extender-type legislation, they have also begun to introduce "shoot for the moon" measures that reveal their unified government ambitions. One area in which this has been crystal clear has been the "Green New Deal," a series of proposals to bring a radical environmental agenda to all areas of our lives. |
Jazmin Goodwin, CNN Prior to the pandemic, Generation Z had offered the prospect that inequality in America might finally narrow, at least by some measures. Now, with economists expecting that youth will suffer the greatest coronavirus-related economic setbacks among America's workers, those hopes are dimming. |
Maureen Callahan, New York Post Since Ghislaine Maxwell so clearly adores older men who predate, it seems logical she'll hobble her way into court as those two did, claiming a sudden onset of chronic illness. |
Hanna Ziady, CNN The UK accounting watchdog has given Deloitte, EY, KPMG and PwC four years to split their audit and consulting businesses in an effort to improve corporate reporting following a string of high-profile accounting scandals. |
Editorial, New York Post With coronavirus cases surging in the United States, the media were quick to blame: "Several Republican-led states that moved quickly to reopen this spring at... |
Ann Carrns, The New York Times While traditional unemployment insurance usually leaves out students, they may be eligible for federal pandemic aid. But some states don't make it easy to get. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Charlie Bilello, Compound Advisors Put these charts on your wall for the next time you think something "can't" happen. |
Amy Whyte, Institutional Investor A lot has changed in a month. |
Rusty Guinn, Epsilon Theory There's nothing more disappointing than lazy propaganda. |
Lenora Chu, Christian Science Monitor Some European countries have taken mental health and social crises out of police hands, asking specialists to cope with them instead. Crime dropped. |
Paul R. La Monica, CNN Business It's no longer all about the Benjamins. Or Jacksons, Lincolns and Washingtons for that matter. The demise of cash is great news for Square and PayPal. |
Christian Britschgi, Reason A program designed to keep workers on payrolls showered benefits on lobbyists, advocacy groups, and even members of Congress. |
Douglas A. McIntyre, 24/7 Wall Street Look for a rise in unemployment as early as July, and difficult GDP figures for the third and perhaps fourth quarters. Those will look nothing like a V. |
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