03/08/2021
Today John Wasik, The New York Times The number of centenarians in the U.S. is growing steadily. If you join them, you'll need not just a robust retirement fund but also a plan, and a purpose. |
Maurie Backman, Motley Fool The decision to sign up for Social Security is a big one. You're allowed to start collecting benefits once you turn 62, and while you technically don't have to file by age 70, that's generally considered the latest age to do so. If you're thinking of signing up for benefits, it's crucial to make sure you're really ready. And if these things apply to you, then unfortunately, you aren't. |
John Tamny, Forbes Economists, like politicians, yearn for cushy retirements too. |
Market Minder, Fisher Investments Detailing the base effects that will ? umm ? inflate some gauges of prices in the near future. |
Sigal Samuel, Vox The results of the guaranteed income trial show how free money impacts jobs, mental health, and more. |
Andrew Wilford, RealClearMarkets Senator Elizabeth Warren (D-MA) recently revived her campaign proposal for a wealth tax on taxpayers with a net worth exceeding $50 million. Unfortunately, the plan retains the same defects as her previous proposals to tax wealth, along with the same distortions she used to defend it last time. |
Jordan Weissmann, Slate Oh good, the Democrats are avoiding the obvious political disaster they were loudly warned about. |
Zachary Courser, The Hill Earmarks allow officials to send funds to those in need. |
Erik Paulsen, Washington Examiner America's economy was in high gear prior to the pandemic. Our country's gross domestic product grew 4.1% in 2019 after increasing 5.4% in 2018. Unemployment reached a 50-year low of 3.5%, and 6 million new jobs created historically low unemployment levels across all demographic groups. Business optimism was at record highs, and workers saw their wages increase by their highest levels in 10 years. |
Edward Stringham, American Institute for Economic Research The lights on civilization dimmed and nearly went out starting March 12, 2020. That was the day the federal government began promulgating guidelines for closing schools, businesses, international travel, and all public gatherings. It was an action without precedent but most states went along - out of ignorance, fear, and folly. |
Ryan Cooper, 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. |
Kristalina Georgieva, CNN The world is facing a slow rollout of vaccines even as new virus mutations are spreadingâ?"and the prospects for recovery are diverging dangerously across countries and regions. Indeed, the global economy is at a fork in the road. The question is: will policymakers take action to prevent this Great Divergence? |
Jeffrey Kleintop, Charles Schwab Should interest rates continue to climb at a more moderate pace, EM stocks may rebound and rise alongside bond yields, as they have done historically. |
Kathy Jones, Charles Schwab The spike in U.S. Treasury bond yields sent ripples throughout global markets. |
Market Minder, Fisher Investments Aside from next year's stealth income tax hike, most of the UK's new Budget looks like version 2.0 of make-believe austerity. |
Carrie Schwab-Pomerantz, Schwab The Saver's Credit is like a retirement match from Uncle Samâ?"if you qualify. Here's what you need to know. |
Jim Masturzo, Research Affiliates We compare the current value of bonds versus stocks within the context of the equity risk premium. We couple this analysis with an evaluation of possible Fed policy direction. Our conclusion is that risk assets, such as US equities and corporate bonds, are poised to benefit as are gold and other commodities due to tumbling real yields and dollar weakening. |
Various, The Roofstock Team Startups are a significant driver of the U.S. economy. Each year, thousands of entrepreneurs launch new businesses that create jobs and spur innovation and efficiency across the market. According to the U.S. Census Bureau, more than 420,000 startups accounted for 2.2 million new jobs in 2018. |
Richard Moody, Regions Bank |
Ryan Streeter, City Journal Cities hoping to attract footloose workers should embrace growth and affordability. |
Daniel Gros, @prosyn With governments in advanced economies continuing to keep the fiscal taps open, it is worth considering whether additional stimulus is really what the situation demands. Unlike the aftermath of the 2008 crisis, the problem today is not a lack of purchasing power, but rather circumstances unique to a viral pandemic. |
John Rekenthaler, @MorningstarInc And two ways that it does not. |
Robert J. Shiller, The New York Times Shares are very expensive, but so are bonds. Even at current prices, the economist Robert J. Shiller says, it is reasonable to keep some wealth in stocks. |
Jason Del Rey, Vox Nearly 6,000 Amazon warehouse workers in Alabama are voting whether to unionize. This is the backstory. |
Tsvetana Paraskova, OilPrice.com The OPEC alliance has managed to restore balance in the oil markets, but the question remains U.S. shale drillers will manage to practice restraint as prices rise |
Ed Yardeni, Dr. Ed's Blog Washington's lawmakers have discovered the joys of sending checks to their constituents during bad times. |
Jason Zweig, The Wall Street Journal New trading platforms want to borrow your cryptocurrency, and are willing to pay a pretty crypto-penny for the privilege. Just don?\'t let anyone convince you it's like putting your money in a bank. |
Nick Gillespie, Reason.com Here's how to find it and put an end to it all. |
Michael Batnick, The Irrelevant Investor We just witnessed the only recession in the history of this planet where the personal savings rate hit a 50-year high. |
Peter Cecchini, Epsilon Theory Under current circumstances, inflation is the Fed's kryptonite. |
Bill McBride, Calculated Risk The headline unemployment rate of 6.2% significantly understates the current situation. |
Arthur C. Brooks, @theatlantic When you most need to get happier, try giving happiness away. |
David Hay, Evergreen Gavekal The COVID-19 pandemic brought the world to its knees over the last year and affected all individuals and businesses around the world economy. |
Matt Taibbi, TK News by Matt Taibbi The pandemic has been a financial and political boon to the 1%. Will they really change up the pattern in the coming pandemic relief program? |
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