11/05/2020
Today

Gridlock This Election Ensures Is a Plus For Stocks

Market Minder, Fisher Investments

As the dust slowly settles, while the exact election results aren't yet clear, it seems radical change isn't in the offingâ?"fine for stocks.

Investors Warm Up to Divided Government

Matt Phillips & Kate Kelly, The New York Times

Investors pushed up stocks of companies they believed would be protected by a Republican Senate, even if Joe Biden wins the presidency.

The Stocks to Buy If Biden or Trump Wins the Election

Noah Manskar, New York Post

The presidential race is far from over â?" and that means extra time to place stock-market bets on the outcome. Joe Biden could usher in a bold environmental...

Some of the Stocks Being Voted Out as Election 2020 Losers

Jon Ogg, 24/7 Wall St

When investors see the Dow Jones Industrial Average up 2.3% (or 625 points) after election day, they probably assume it’s a great day for all stocks. It turns out that technology and healthcare led the rally. With the presidential race still not called, and with the high prospects of a mixed Congress remaining in a […]

A Sensible and Compassionate Plan For the Coronavirus

Jay Bhattacharya, AIER

My goal today is, first, to present the facts about how deadly COVID-19 actually is; second, to present the facts about who is at risk from COVID; third, to present some facts about how deadly the widespread lockdowns have been; and fourth, to recommend a shift in public policy.

No Matter Who Wins the Election, U.S. Will Have Jobs Crisis

Anneken Tappe, CNN

It's not yet clear who will win the election, but no matter who ends up on top, one of the biggest priorities for the next administration is indeed clear: fixing America's broken job market.

Biden Can Be Amtrak President New York Needs

Justin Davidson, New York Magazine

If Joe Biden wins the 2020 presidential election, he should prioritize infrastructure. Here are the key investments that a new Biden administration should tackle in New York.

Neither Trump nor Biden Is For Free Market

Veronique de Rugy, The American Spectator

Biden should scare small-government types. He never cared about enhancing freedom in the years he served in the Senate and White House.

How To Make a 'Hardship' 401(k) Withdrawal

Rachel Hartman, U.S. News & World Report

IF YOU'RE SHORT ON funds and looking for resources to get through an emergency situation, you may have considered taking money out of your 401(k) plan. There are several specific circumstances when current employees can take 401(k) withdrawals to cover sudden costs. Retirement accounts are typically set up to allow withdrawals starting at age 59 1/2, and individuals who take distributions before that age can usually expect to pay a 10% penalty and income tax on the amount withdrawn. However, some plans make it possible for participants to take out funds early, if certain...

Vital Retirement Savings Moves to Make Now

Paul Katzeff, Investor's Business Daily

Vital Retirement Savings Moves Right Now, Based On Election Results

Congress May Take Antitrust Back to Middle Ages

Geoffrey Manne & Sam Bowman, Hill

The report is a partisan exercise, but its implications are bigger than left and right. It is not hyperbole to say that at stake is the American model of competitive capitalism against the world â?" against European death-by-regulation, and Chinese state capitalism.

Defending Milton Friedman Against Illiterate Attacks

Walter Block, RealClearMarkets

Binyamin Appelbaum published “50 years of blaming Milton Friedman. Here’s Another Idea” in the New York Times of September 18, 2020. There is more wrong here than you can shake a stick at. This author’s malevolence against the winner of the Nobel Prize in 1976 is animated by a quasi-Marxist hatred of business firms in general, corporations in particular.

How Can I Make Most of My Stock Options?

Carrie Schwab-Pomerantz, Charles Schwab

Stock options can give your compensation a significant boost, but they can also be confusing. Carrie Schwab-Pomerantz explains what you need to know.

The UK's New National Lockdown

Market Minder, Fisher Investments

Long-term investors benefit from considering a couple of key factors, in our view.

Some Initial Election Thoughts

Brad McMillan, Commonwealth Financial Network

No More Lockdowns

Brian Wesbury & Robert Stein, First Trust Advisors

Economic Margin Valuation: Twenty Five Years Later

Rafe Resendes, Applied Finance

In October 1995, Dan Obrycki and I started Applied Finance. As we struggled to solve several valuation problems back then, we did not know that we would ultimately create and manage the Valuation 50, one [..more]

"De-globalization" Already Happened And It Didn't Matter

Jeffrey Kleintop, Charles Schwab

In 2020, politics and the pandemic have led to a lot of speculation that they could bring about an end to the rise of globalizationâ?"yet that began over a decade ago.

GDP Bounces Back In a Big Way

Ryan Detrick, LPL Financial Research

Economic Blog The outbreak of COVID-19 and the subsequent lockdowns triggered the largest quarter over-quarter decline in gross domestic product (GDP) since WWII, so perhaps it comes as no surprise?

Don't Make Rash Decisions Due to Election Uncertainty

Dave Sekera, Morningstar

Regardless of who wins, long-term investors should remain focused on the economic recovery.

Ant Group's Long March

Shang-Jin Wei, Project Syndicate

The abrupt suspension of Ant Group's IPO may reflect Chinese authorities' displeasure over a recent speech by the fintech conglomerate's controlling shareholder, Jack Ma, who was critical of financial regulations that he believes show insufficient understanding and support for fintech innovation. Is Ma right?

In Amazon Investors Trust

Matt Egan, CNN Business

When in doubt, buy Amazon.

China's Yuan Isn't About To Dethrone The Dollar

Alicia García-Herrero, Bruegel

For all Beijing's ambitions of cracking the hegemony of the US dollar in the face of Trump administration sanctions, the yuan still has a long way to go.

Six Charts That Reveal America's Deep Divide

Laurie Macfarlane, Naked Capitalism

How the class war was won.

Why This Stock Market May Be In Big Trouble

Shawn Langlois, MarketWatch

If investors are feeling a bit squeamish about how this election will ultimately play out, you wouldn't know it from Wednesday's huge rally. Enjoy it while...

The "Transition from Oil" & Other Fairy Tales

Jonathan Lesser, City Journal

Politicians promising a painless switch to renewables are deluding themselves or more likely you.

Why Stocks Are Rallying Despite Election Uncertainty

Patti Domm, CNBC

The lack of a blue wave makes higher taxes and more regulation less likely, and that's enough to rally stocks for now.

Death By Hideous Lockdown

Jeffrey Tucker, American Institute for Economic Research

On March 28 – very early in the pandemic – AIER published an article that I felt at the time received far too little attention. “Drugs, Suicide, and Crime: Empirical Estimates of the Human Toll of the Shutdown” by economists Audrey and Thomas Duncan cited empirical literature on the human toll of economic devastation. This article forecasted more than 100,000 excess deaths due to drug overdoses, suicide, alcoholism, homicide, and untreated depression – all a result not of the virus but of policies of mandatory human separation, economic downturn, business...

Stock Market Surges On the Assumption of a Biden Victory

Anneken Tappe, CNN

Stocks traded sharply higher on Election Day, continuing their winning streak from the start of the week.

Trump or Biden, Who Would Do More to Lift Economy?

Paul Davidson, USA Today

President Donald Trump and former Vice President Joe Biden have offered strikingly different blueprints for lifting the U.S. out of the COVID-19-induced economic downturn – the nation’s worst since the Great Depression. Trump has promised more cuts to taxes and regulations, and hinted at additional tariffs against China.

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

Now We Know: Trump's 2016 Win Was No Fluke

James Picerno, The Capital Spectator

The outcome of the US presidential election remains unclear the morning after the Nov. 3 election, but the results so far have cleared up one misconception: Donald Trump’s victory in 2016 wasn’t a quirky outlier. Regardless of who wins the White House in the hours (or days) ahead, it’s obvious in the numbers posted so far that nearly half of voters who cast ballots prefer Trump.

America Is A Noisy Place

Lance Morrow, City Journal

Our exhausting and not-yet-settled election of 2020 should remind us that America has rarely been “one nation, indivisible.”

The 2013 Lockdown Experiment In Boston

Peter Earle, AIER

Boston was forced into lockdown after the marathon bombing. It didn't last long.

2 Undervalued FAANG Stocks

Susan Dziubinski, Morningstar

We've recently updated our fair value estimates on four of the five names.

Cracked: The Mysterious Bitcoin Wallet With $1 Billion

Dan Goodin, ArsTechnica

Wallet is likely tied to Silk Road, the underground crime bazar shut down in 2013.

The Pandemic Has Created a Middle Class Private Jet Boom

Alex Christian, Wired

With commercial airlines grounded, holidaying households are booking business flights to beat local lockdowns

The Dollar Will Stay Weak No Matter Who Wins

Paul R. La Monica, CNN Business

The United States dollar has been weak for most of Donald Trump's presidency. Tax cuts, a bigger deficit and several interest rate cuts from the Federal Reserve have pushed the greenback lower. But even if Trump loses to Joe Biden, the dollar may not dramatically rebound anytime soon.
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