07/02/2020
Today Damon Dunn, RCM As Americans struggle to recover from a deep recession fueled by the COVID-19 crisis, and respond in horror to the violence in many communities following the death of George Floyd, economic... |
Mariana Mazzucato, New York Times Governments have spent trillions in tough times without creating structures that turn short-term fixes into a more inclusive economy. |
Howard Husock, City Journal The city risks repeating Odessa's past. |
Tami Luhby, CNN Bonnie Stone, who lost her catering and waitress jobs in March, wants to send her 3-year-old daughter back to her day care program now that it's reopened. However, she and her partner can't afford it on only his earnings as a construction worker. |
Michael Fumento, Just the News The U.S. infection rate obscures something crucially important: Despite the high U.S. rate, six major European countries have a higher per-capita death rate than the U.S., and a couple of others are on about the same level. |
Editors, I & I The market rose at its fastest rate in more than 20 years in the second quarter. The media reaction? Crickets. |
Jeffrey Tucker, AIER The betting markets judge Trump’s prospects for keeping the presidency with more negativity each day. As of this writing, there is a 24-point gap between Trump and Biden. It seems unbelievable that it shows confidence in Biden; rather it is likely a measure of how Trump’s glamour and glitz are fading. |
Market Minder, Fisher A review of investments Wall Street likes to hawk in rocky times. |
Jessica Menton, USA Today The coronavirus pandemic has brought out the competitive side in Laura Galeazzo as she searches for her forever home in Rochester, New York. Galeazzo, a 33-year-old running coach at McKirdy Trained, an online coaching service for runners, has viewed a dozen houses and put offers on three of them, only to come up short as other buyers outbid her and her husband. |
Jim Collins, Forbes In 2000, the Mets wanted to rid themselves of Bonilla and his $5.9 million salary, so they agreed to a deal that would pay him that $5.9 million with an imputed interest rate of 8% over 25 annual payments each July 1st beginning in 2011 and ending in 2035. |
Ernest Istook, Washington Examiner It's easier to work on something when it stands still for you. America's air traffic system is a prime example. |
Walter Block, RCM If I tried to burn some railroad tracks in Canada, my fate would be clear and immediate. As soon as information about my despicable act was known to the authorities, I would be summarily arrested.... |
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. |
Collin Martin, Charles Schwab For the second half of 2020, we don't expect a repeat of the first. |
Ryan Detrick, LPL Financial Research Market Blog Although the fight against COVID-19 continues to dominate the headlines and our thoughts are with those affected, this is an election year and as we get closer to November it will begin? |
Nick Stehle, The Examiner When Congress created the $600 per week unemployment bonus in the CARES Act, it appropriately set an expiration date of July 31. The largest bonus in the history of the program (by several hundreds of dollars) was only intended to be available in the short term, as millions were laid off and we entered the early, uncertain phase of the COVID-19 pandemic. |
Kara Swisher, The New York Times The social media company has taken steps toward reining in Trump. It's too little, too late. |
Diego Zuluaga, RCP Most members of Congress, regardless of party, agree that small businesses are crucial to American prosperity. This rare consensus was behind the decision to authorize $659 billion worth of... |
Duncan Wood, The Hill The Trump administration has been pursuing an aggressive international trade strategy based on principles of economic nationalism since 2017. |
Jordan Weissmann, Slate No malarkey, for real this time. |
Anneken Tappe, CNN It has been a rough quarter for the US economy, with the country plunging into a pandemic-fueled recession. Yet the stock market is alive and kicking â?" in fact, it's having its best quarter in more than 20 years. |
Sally Pipes, Fox African-Americans make up 12.4 percent of the population but have accounted for 23.8 percent of the nation's COVID-19 deaths, as of June 23. |
Igor Norinsky, City Journal Busybodies are one thing; witch-hunters are another. |
Sara Heller & Judd B. Kessler, New York Times There is still time, and it can be done safely. The economic and social payoff is totally worth it. |
Karol Markowicz, New York Post Can Gov. Andrew Cuomo take a break from his televised pretend-victory lap, put his head together with Mayor Bill de Blasio and figure out how to open schools across the state full-time in September? |
Lawrence Reed, FEE A new book set for release today may change the way we view the conservation of nature’s splendors. Titled Green Market Revolution: How Market Environmentalism Can Protect Nature and Save the World, its publishers are the Austrian Economics Center and the British Conservation Alliance, to which I serve as an advisor. Details below, but first a few points. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Joseph Calhoun, RealClearMarkets Congratulations taxpayer! You just bought a trucking company. Well, not an entire trucking company but you did get 30% of the equity in a trucking company. |
Macromon, Global Macro Monitor Welcome to Twilight Zone. Nothing seems real anymore -- not the economy, not the markets, not the politics -- and it is increasingly difficult to distinguish the difference between what is and what isn't. It truly feels the economy, markets, and the U.S. political system are in a period of suspended animation. |
Barkley Rosser, EconoSpeak Forecasters were wildly off about employment. Will they miss on GDP too? |
Morgan Housel, Collaborative Fund “Keep running” just to stay in place is how evolution works. It’s how business and investing work, too. |
Susan Dziubinski, Morningstar These high-quality names were recently added to the Morningstar Wide Moat Focus Index. |
J.D. Tuccille, Reason Do you appreciate the incompetence, in-fighting, obstructionism, authoritarianism, and waste that you pay for? |
Joshua M Brown, The Reformed Broker Asking people why they buy gold is like asking them why they smoke weed. |
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