07/13/2020
Today Mary Kay Linge, New York Post Lights Out's authors paint a damning portrait of Immelt's 16 years at the helm of GE, where a rubber-stamp board of directors allowed him to hemorrhage money almost unchecked. |
Jeff Sommer, New York Times After a calamitous drop in March, the stock market has had a ferocious rally, despite a cascade of awful news. How can investors cope? |
Market Minder, Fisher Investments Pundits are right that it can be hard to get back in after volatility spooks you out of stocks. But their counsel misses some essential points. |
John Authers, Bloomberg Just how well is Elon Musk’s electronic vehicle company Tesla Inc. doing? It is just over a decade since it went public, on June 30, 2010. Anyone who put $100 into the MSCI World Autos index at that point would now have $177; and anyone who put the same amount into Tesla would have $6,482. |
Michael Bordo, The Hill The COVID-19 pandemic and government shutdown contraction seemed like the Great Contraction of the 1930s on steroids and now may be ending just as quickly. |
John Tamny, RCM There’s no convincing the dopey left of what is a basic truth: there’s no such thing as government spending. Governments only have resources insofar as they arrogate to themselves production that always and everywhere takes place in the private sector. Government spending is politicized allocation of wealth created privately. When Nancy Pelosi promises major programs that always fail to live up to their objectives, she’s not pulling resources from the sky. She’s instead using wealth extracted from the private sector by others in order to spend it in the way she wants.... |
Kelsey Dake, New York Magazine You wouldn't believe the sibling rivalry between Bryan Knight and Mark Knight, heirs to Knight Oil Tools. A story of an $800 million Louisiana fortune, lifelong grudges, frame-ups, and an incompetent conspiracy of off-duty cops. |
Walter Block, RealClearMarkets The Food and Drug Administration must go. And salt should be sown where once it stood. This organization is costly, is a gargantuan waste of time and causes needless deaths by slowing down innovation. The sooner is it disbanded, the better. This seems a bit harsh. Ok, excessively severe. Does not the FDA stand between us and pharmaceutical firms that would exploit us but for its heroic efforts? Does not the FDA ensure the quality of, wait for it, food and drugs? Does not the FDA serve as an excellent traffic cop in this field? No, no and no. Rather, this bureaucracy stands in the... |
Peter Walker, MarketWatch The two leading superpowers could help heal the world as the coronavirus has damaged global economies |
Peter Earle, AIER As data accrues on both a national and state-by-state basis, the parameters of COVID-19’s lethality is firming up. Two new papers from Dr. John Ioannidis point to the growing shortfall between apocalyptic pandemic predictions and the vastly more destructive policies implemented in observance of them. |
Sarah Jones, New York The Disney's flagship theme park reopens this weekend. But has the company done enough to protect workers from the coronavirus? |
Brad Polumbo, Examiner Republicans and Democrats are largely united in horror at the Chinese Communist Party's crackdown on freedom in Hong Kong, with the semi-autonomous state now facing increasing censorship from the mainland and rampant civil liberties violations. |
Jeffrey Kleintop, Charles Schwab In order to help try to make sense of it all, let's take a look at where the stock market makes sense right now and where it doesn't. |
Mark Mills, Manhattan Institute Policymakers have made a "green" energy shift a priority in economic recovery, but these visions ignore the dirty process of switching to "green" energy. |
Richard Moody, Regions Bank |
Michael Townsend, Charles Schwab Here's what we're keeping an eye on in the weeks ahead. |
Mickey Levy, Manhattan Institute |
Turner & Walker & Moore, PERC |
Jerry Bowyer, Vident Financial |
Dani Rodrik, Project Syndicate Many Western economists presume that governments are not very good at identifying industries that merit support, and that domestic consumers and taxpayers incur the bulk of the costs. By the same logic, if Chinese policymakers effectively targeted activities where social benefits exceed private benefits, then it is not clear why foreigners should complain. |
Lily Bernicker, Collaborative Fund How three major consequences of COVID-19 will create lasting changes to how we deliver and pay for healthcare. |
Anne C. Witt, Pro Market In essence, the German Federal Court of Justice ruled that Facebook, which has held a steady market share of over 90 percent in this market since 2011, used its market power to force unfair data collection terms upon consumers. |
Editors, The Economist There are grounds for optimism but also signs of irrational exuberance |
Deborah Netburn, Los Angeles Times The pandemic has prompted managers to take on new roles: counselor, supporter, wellness coach. |
Guy Sorman, City Journal Science and commerce feed the world. |
Mark Hulbert, MarketWatch Most brokerage analysts tend to play it safe rather than risk their reputations and jobs |
John Rekenthaler, Morningstar If implemented properly, the duty could be used to reduce income taxes. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Jordan Weissmann, Slate They're uniquely dangerous for spreading the coronavirus. We need to pay to keep them closed. |
Dion Rabouin, Axios This week, United Airlines warned 36,000 U.S. employees their jobs were at risk, Walgreens cut more than 4,000 jobs, it was reported Wells Fargo is preparing thousands of terminations this year, and Levi's axed 700 jobs due to falling sales. |
Peter Heilbron, Trace Wealth Advisors I won $1,000,000 playing fantasy football. Here's what it taught me about luck and skill. |
Christine Benz, Morningstar After the first-quarter market volatility, the time is right to see if any adjustments are in order. |
Dan Mikulskis, Real Returns Things have changed. Has your portfolio? |
Brett McKay, Art of Manliness A smartwatch can actually make you less attached to your phone. |
Michael Batnick, The Irrelevant Investor Tech stocks aren't crazy like they were in the late 90s, but that doesn't mean they're not a little nuts |
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