12/12/2020
Today Jordan Weissmann, Slate Years of bending over backward for Trump and his allies did not buy the social network a regulatory hall pass. |
David Boaz, Cato Institute Facebook is under assault again, this time for real. The Federal Trade Commission and 46 states have filed an antitrust case to make the company divest itself of Instagram and WhatsApp and submit to restrictions on its future acquisitions and deals. How many times have I seen this story play out as West Coast tech companies find themselves suddenly facing unwanted attention from Washington? It was bad enough that congressional committees kept summoning founder Mark Zuckerberg to hearings, both in‐person and virtually, forcing him to trade his T‐shirt and hoodie for a suit and tie. |
Max Gulker, FEE If 'Big Tech' is so powerful, why is Zoom worth so much? |
Michael Hendrix, CJ New York City's consumer-protection regulations are harming already-reeling small businesses. |
Eric Levitz, NYM On Wednesday, Steve Mnuchin defended the White House's proposal for $600 COVID stimulus checks, saying, "We're putting money into the economy for people ? which will have the impact of creating jobs." That marks a sea change in GOP economic theory. |
Jeffrey Tucker, American Institute for Economic Research Most people today regard America's experiment with alcohol prohibition as a national embarrassment, rightly repealed in 1933. So it will be with the closures and lockdowns of 2020, someday. In 1920, however, to be for the repeal of the prohibition that was passed took courage. You were arguing against prevailing opinion backed by celebratory scientists and exalted social thinkers. What you were saying flew in the face of "expert consensus." |
Seth Berenzweig & John Tamny, Capitol Brief Neither left nor right is handling the coronavirus with any credibility. |
Jim Tankersley & Lisa Friedman, New York Times In announcing key economic advisers in the White House and the cabinet, the president-elect has emphasized action to boost clean energy and reduce emissions |
Pat O'Hare, Briefing.com 2021 is just around the corner and just about everybody is loving that thought. To be sure, 2020 is a year everyone in the real world would just as soon forget. In the alternate universe that is the stock market, it is a different story. |
Kailey Hagen, Motley Fool What if I told you you could increase your retirement balance just by making your contribution at the right time? Or that making a contribution at the wrong time could lead to problems with the IRS? Both are true. If you want to end up with the largest nest egg possible, knowing when to contribute to your retirement account is almost as important as contributing in the first place. |
Erik Sass, Economic Standard |
Ross Dellenger, Sports Illustrated A 10-year TV contract with ESPN, starting in 2024, grants ABC the broadcasting rights to its marquee matchups. |
Michael Townsend, Charles Schwab Results will have a profound impact on the Biden administration's ability to move its policy agenda forward in the first two years. |
Dan Mitchell, International Liberty Back in 2015, just five years ago, it seemed like entitlement reform might happen. Republicans in the House and Senate voted for budgets based on much-needed changes to Medicare and Medicaid. That was only a symbolic step with Obama in the White House, to be sure, but the presumption was that actual reform would be? |
Richard Moody, Regions Bank |
Brian Wesbury & Robert Stein, First Trust Advisors |
Martin Pring, Pring Turner Asset Mgmt. |
John Merrifield & Matthew McGehee, Inst for Objective Policy |
Steve Case & John Delaney, CNN If small businesses are shutting down, something that happens even in the absence of a global pandemic, then we need to make sure we are creating new companies. |
John Rekenthaler, Morningstar The help came from an unexpected source. |
Jeff Carter, Points and Figures It's pretty easy to find articles calling for market tops today. The next crash is just right around the corner. I have been seeing the same exact article since |
Elaine Low, Variety Part razzle dazzle, part corporate flex, the Walt Disney Company's four hour-long investor day presentation unleashed a torrent of announcements, including a slew of upcoming "Star Wars," Marvel and Pixar series and features, and news that Disney Plus had surpassed 86 million subscribers. |
Hal Singer, Pro Market Assuming Facebook's acquisitions of Instagram and WhatsApp can be shown to have eliminated emerging rivals, reversing those acquisitions via divestiture is the logical place to begin. |
Emily Stewart, Vox 45 million Americans have student debt. There's a debate about whether Joe Biden should forgive some or all of it. |
Barry Eichengreen, Project Syndicate If global growth resumes in 2021, aided by the rollout of vaccines and the Fed's continued commitment to ultra-low interest rates, some developing countries may be able to avoid default, because yield-hungry investors will continue to buy their bonds. But other countries will not be so lucky. |
Jeffrey Tucker, AIER Most people today regard America's experiment with alcohol prohibition as a national embarrassment, rightly repealed in 1933. So it will be with the closures and lockdowns of 2020, someday. |
Matt Taibbi, TK News by Matt Taibbi Have a pair of gangly Stanford grads built the perfect mousetrap? |
Jeanne Sahadi, CNN Business Unemployment benefits are coming to an end but the pandemic is not. |
Julie Segal, Institutional Investor In a year marked by a global pandemic, racial justice protests, and a climate reckoning, Fink was the undisputed industry leader â?" and the obvious choice to win this inaugural honor. |
Morgan Housel, Collaborative Fund Counterintuitive thoughts from Morgan Housel |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Liam Vaughan, BusinessWeek Over the course of a few hours on April 20, a guy called Cuddles and eight of his pals from the freewheeling world of London's commodities markets rode oil's crash to a $660 million profit. |
Jason Goepfert, SentimenTrader 10 year yields are no longer going down. |
Peter Atwater, Financial Times News, analysis and comment from the Financial Times, the world?s leading global business publication |
Alex Tabarrok, Marginal Revolution It doesn't matter how you get there. One vaccine is as good as another. |
Cullen Roche, Pragmatic Capitalism More aggressive and more conservative. |
James Picerno, The Capital Spectator The Treasury market is expecting higher inflation. Will hard data follow? |
Various, Saxo Bank After an extraordinary year, the SaxoStrats are back with Outrageous Predictions for 2021. Which forecast do you think is most likely? |
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