11/19/2020
Today Lauren Debter, Forbes Deep-pocketed investors and veteran entrepreneurs are rushing to bet on Amazon?s third-party sellers. The stampede will change retail forever. |
Eli Rosenberg, Washington Post A sizable number of the recipients of aid programs like Medicaid and food stamps are employed by some of the biggest and more profitable companies in the country. |
Matthew Walther, The Week Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons. |
Benjamin Zycher, RCM Joe Biden has pledged to rejoin the Paris climate agreement on the first day of his administration, a promise unambiguous and therefore certain to be fulfilled, notwithstanding the essential absurdity of the Paris agreement narrowly and of climate policies more generally. Applying the EPA climate model under highly favorable assumptions, the Paris agreement if implemented immediately and enforced strictly would reduce global temperatures in 2100 by about 0.17 degrees C, an effect that would be barely detectable given... |
John Cassidy, The New Yorker For the first time since the election, Joe Biden spoke about his economic agenda on Monday. The event, which took place in Wilmington, Delaware, was perhaps overshadowed by the alarming rise in covid-19 cases across the country, and by Donald Trump’s continued refusal to accept the election result. But Biden managed to make news by warning that more Americans may die if Trump doesn’t provide more coöperation to his transition team working on the coronavirus crisis. “We are going into a very dark winter,” the President-elect said.... |
Thomas Hogan, American Institute for Economic Research Americans should be skeptical of claims by Congress and the Fed of fiscal spending “stimulus.” Relief spending would be a much-needed blessing for many Americans. But paying people not to work does not stimulate the economy. |
William Baldwin, Forbes Add the hidden and future taxes, and you get scary numbers. |
George Nethercutt, The Hill Imagine if we'd spent the 1990s ignoring the rise of e-commerce and forced that industry to face regulatory standards written for the 1890s. |
Rachel Hartman, U.S. News & World Report THINKING ABOUT YOUR 401(k) investments and uncertainties about the future can be enough to make even the best planners feel anxious about retirement. While it's common to have money-related retirement concerns, the good news is that these worries don't have to linger. A few steps in the right direction can help calm your mind and establish a smart financial strategy for retirement. |
Richard Rahn, The Washington Times Some of presumptive President-elect Joe Biden's advisers have advocated a new and even more extreme shutdown of the country to allegedly stop the COVID-19 virus. |
Ryan Ellis, Washington Examiner Every election has lessons that can be drawn from the results. Some are more obvious than others. When historians look back on the 2020 elections, one clear lesson they will draw is that voters like the conveniences of the modern "gig economy," and they don't want old-style labor unions and their allies in the Democratic Party taking those amenities away. |
Richard Ravitch, New York Times State and city governments employ millions of essential workers. But the pandemic has pushed them to the brink. President-elect Biden needs to step in now. |
Scott Lincicome, Cato Institute |
Various, American Institute for Economic Research |
Brian Wesbury & Robert Stein, First Trust Advisors |
Jun Wang, Applied Finance Valuation Edge® Analyst Interview Series Jun Wang, CFA Senior Fundamental Analyst, Partner, Applied Finance B.A. Southwest University China, MBA California State University, Fresno Valuation Edge: Hello Jun, thank you for taking the time to share [...more] |
Richard Moody, Regions Bank |
Graeme Wood, The Atlantic A historian believes he has discovered iron laws that predict the rise and fall of societies. He has bad news. |
Daniel Tenreiro, National Review Cities that don't welcome new residents won't thrive. |
Patricia Cohen, NYT Hit hard by job losses and the pandemic's effect on schooling and child care, American women face short-term difficulties and long-term repercussions. |
Eric Compton, Morningstar Several funds see value in basic materials and industrials. |
Edoardo Campanella, PS Just as the COVID-19 pandemic has shone a spotlight on often-overlooked essential workers, so should it increase our appreciation for the back-end labor that goes into the digital economy. Most of today's tech giants simply wouldn't exist without the contributions of "low-skilled" workers. |
Anna Bahney, CNN With potential vaccines on the horizon, real estate in big cities like New York could start to turn around. |
Sara Morrison, Vox The private space company has now successfully launched two crewed flights into orbital space. |
Paul Krugman, New York Times If we can't face up to a pandemic, how can we avoid apocalypse? |
Rupert Darwall, RealClearEnergy Those hoping that a vote for Joe Biden would be a ticket to normalcy will be disappointed. "At this moment of profound crisis," the Biden-Harris transition website states, "we have... |
Veronique de Rugy, American Institute for Economic Research Speaking to a CNBC reporter back in January, White House aide Larry Kudlow boasted about economic growth under President Trump (and blamed the Fed and others for its not being even higher): “You’ve gone from 1.5 percent to 2 percent growth. We had it going at almost 4 percent, then the Fed tightened. . . . We’re now down to 2.5 percent to 3 percent. I’m looking for faster growth.” |
Katie Brockman, Motley Fool Nobody has all the right answers when it comes to saving for retirement, and everyone is bound to make money mistakes now and then. However, some blunders are more subtle than others – and potentially more costly. Those types of mistakes can be especially dangerous because, by the time you realize you've made a mistake, it may have already cost you hundreds or even thousands of dollars. And there's one common saving error that can be more expensive than you may think. |
Allison Schrager, Manhattan Institute With student loan forbearance ending this year, there have been calls from activists and Senators Chuck Schumer and Elizabeth Warren to forgive up to $50,000 of student debt, perhaps with an executive order soon after Biden takes office. But according to the chart below it would be an extremely regressive wealth transfer. It shows average debt levels and income by education levels for Americans under 35 from the Fed's 2019 Survey of Consumer Finances. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Aja Romano, Vox Americans are embracing dangerous conspiratorial beliefs, from QAnon to coronavirus denial. |
Tom Chivers, UnHerd Pfizer and Moderna will make billions from vaccines — luckily for us all. |
Jessica Stillman, Inc. Life after Covid-19 will look a lot different than life before Covid-19, according to the Microsoft founder and philanthropist. |
John Biggs, Gizmodo Not unlike Twitter's new Fleets, the company's time is rapidly expiring. The platform is on its way to the big social media cemetery in the sky to join MySpace, Plurk, and (hopefully soon) Facebook. |
Staff, Quillette The enduring impact of the coronavirus. |
Meb Faber, Meb Faber Research There are numerous areas in people’s lives where they walk by the $100 bill on the street, and say, “nah, I’m good”. Sometimes it’s laziness, and sometimes it’s not being aware, educated, or informed. |
Steve Randy Waldman, Interfluidity Should a Biden administration unilaterally forgive student debt? |
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