04/20/2021
Today

It Would Be Foolish to Attack Zoom for $0 Federal Tax Bill

Christina Rice, The Hill

Companies like Zoom are the wrong targets for a very simple reason that politicians choose to ignore.

Human Cost to Convenience? An Amazon Driver Speaks

Sarah Jones, New York

An Amazon driver on delivering your packages, being tracked by his bosses, and having to pee in bottles.

AMZN Rejection of Unions: Big Loss for Big Labor

Andy Puzder, RealClearMarkets

Big labor suffered a significant loss in its attempt to unionize employees at Amazon's warehouse facility in Bessemer, Alabama. Of the workers eligible to vote, an embarrassingly small 16% voted to join the Retail, Wholesale and Department Store Union. It was the most recent in a series of high-profile losses for labor including failed attempts to unionize factories for Volkswagen, Nissan Motors, and Boeing. In each case, union leaders bet that they could convince workers it was in their best interests to be enrolled in a union that would stand up to management over wages and working...

A Lack of Tom Brady's Makes Markets Hard to Predict

Joseph Calhoun, Alhambra

One of the most common complaints I hear about the markets is that they are "divorced from reality", that they aren't acting as the current economic data would seem to dictate. I've been in this business for 30 years and I think I first heard that in year one. Or maybe even before I decided

Bitcoin Doesn't Fix DeFi, DeFi Fixes Bitcoin -

Seth Levine, The Integrating Investor

Many think that "Bitcoin fixes this" when it comes to the troubled financial system. This is backwards. It's decentralized finance that fixes crypto.

Connecting Stock Market, Dogecoin, BTC & Madoff

James Suroweicki, MSNBC

The game(s) can continue only as long as people are willing to play.

American Rescue Plan: Mkt Winners, Losers

Daniel Kern, U.S. News & World Report

What stocks will gain from the legislation?

Making a Case for Property-Tax Elimination

Christopher Baecker, RealClearMarkets

When George W. Bush not only won reelection in 2004, but saw his republican majority in the senate padded to fifty-five, I started daydreaming about the possibilities. While he went the direction of reforming social security, a necessary venture for which he pushed the good idea to return some control to taxpayers, my mind drifted toward tax reform. He'd cut them right out of the gate, and then again in 2003. Though he campaigned on dropping the top marginal rate from almost 40% to 33%, the legislative sausage-making process spit out 35%.

The Great Barrington Declaration's Critics Elevate It

Donald Boudreaux, AIER

"The greatest compliment paid to the Great Barrington Declaration, therefore, is one wholly unintended: Many of its staunchest opponents offer against it nothing beyond ad hominem attacks and accusations of guilt by association. This Declaration must indeed be powerful!" ~ Donald J. Boudreaux

Are You Really Safe From the Virus When You Fly?

Mika Gröndahl, New York Times

As vaccines become widely available and restrictions are eased, millions of people are flying again, raising questions about just how safe it is now to board a flight.

Superfluous Mask Mandates Are TSA 'Effective'

Ron Paul, American Consequences

Fauci. Lockdowns. Vaccine Passports. America's pandemic landscape is looking less like a thriving democracy and more like a tyrannical state.

How To Navigate S. Security When There's Age Gap

Maurie Backman, Motley Fool

Establishing a Social Security strategy is important – especially when you and your spouse have a large age difference to contend with.

Growth or Value? You Can Have Both?

Pat O'Hare, Briefing.com

Residential Construction: Payback and Then Some

Richard Moody, Regions Bank

Will You Have Enough for Retirement?

Rob Williams, Charles Schwab

How to turn retirement savings into retirement income.

This Market Has Mania Characteristics

Jeffrey Kleintop, Charles Schwab

The specific set of conditions that have historically characterized the start of an investment bubble appear to be forming.

Why the Future Looks Bright For The Bulls

Ryan Detrick, LPL Financial Research

Market Blog Wednesday, April 14, 2021 "I look to the future because that's where I'm going to spend the rest of my life." George Burns

Our View As Reopening Begins

Daniel Kern & Renee Kwok, TFC Financial Management

How Can I Stop Living Paycheck to Paycheck?

Carrie Schwab-Pomerantz, Schwab

Living paycheck to paycheck can feel like you're on an endless financial treadmill. Here's how to jump off.

Just So Far Biden Has Proposed $8 Trillion In Spending

Editorial, New York Post

Eight trillion dollars. That's how much President Joe Biden has proposed in new spending — in just the 2½ months since taking office. It's an absurd figure, equal to more than a third of America's …

Why President Biden Is All In On Infrastructure Front

Glenn Altschuler, The Hill

Biden faced a confluence of crises as great or greater than any of his predecessors — and the fundamental challenges remain.

The Dems Want To Subsidize Rich, Make You Pay

Travis Nix, Washington Examiner

With slim majorities in the House and Senate, Democratic lawmakers have a prime opportunity to get their pet projects passed thanks to President Joe Biden's $2 trillion "infrastructure plan." And it's an opportunity that Rep. Tom Suozzi of New York isn't passing up. He's threatening to vote against…

Make Tax-Dodging Companies Pay for Biden Spending

Editorial, New York Times

The corporate income tax has been gutted. Raising rates and cracking down on evasion are sensible ways to come up with trillions of dollars.

It's Time to Get Wise to Dr. Fauci's Hysteria

Buck Sexton, American Consequences

Buck Sexton says it's time to end the contagious, viral strain known as Dr. Fauci, the Pseudo-Science Lockdown Leprechaun.

South Korea's C-19 Success Began w/Failure

Dylan Scott & Jun Michael Park, Vox

The inside account of how one country built a system to defeat the pandemic.

Bill Maher's Insightful and Funny Monologue About Covid-19

Various, AIER

He's been effective from the beginning.

Tech's C19 Market Boom Isn't Going to End Just Yet

Therese Poletti, MarketWatch

Tech giants across nearly every sector are expected to report solid earnings gains in both the coming quarter and the rest of 2021, as the pandemic...

Looking Back at the First Roaring Twenties

Robert J. Shiller, New York Times

To understand where the stock market may be heading, a Nobel laureate examines the pop culture of one of the greatest bull markets in history.

Reasons To Doubt The Buffett Indicator

Gregory van Kipnis, AIER

"There are other reasons for the Buffett Indicator ratio to be trending higher. Corporate earnings are growing nearly twice as rapidly as the growth in nominal GDP. The Buffett indicator, though at high historical levels, is not per se signaling that the market is overvalued."

Not Everyone Was Surprised By Madoff's Ponzi Scheme

Alicia McElhaney, II

The inside story of how Jim Vos and his team at Aksia helped unspool the mystery of Bernie Madoff.

Josh Hawley's Dangerous 'Trust-Busting' Bill

Katherine Revello, Reason

Hawley's legislation would give officials more room to unilaterally punish business behaviors they personally don't like.

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

A Shift In The Balance of Power?

Barry Ritholtz, The Big Picture

A massive shift is occurring in the labor market today, one that has been misinterpreted by economists of all stripes.

The Summer of 2021: Have Fun Kids. Stay Off My Lawn.

Scott Sumner, Econlib

This will be a very weird summer.

An NFT That Comes With An Actual House

Nate Berg, Fast Company

A 27-year-old real estate agent is auctioning off an NFT that comes with an IRL duplex in Thousand Oaks, California. Why?

Brother Can You Spare Me A DOGE?

Howard Lindzon, Howard Lindzon

If Bing Crosby were alive today he would have created an NFT of his song ‘Brother Can You Spare Me A Dime?‘

Have Bear Markets Changed Forever?

Michael Batnick, The Irrelevant Investor

Things are always changing

Citizen Science is Booming During the Pandemic

Sigal Samuel, Vox

From backyard astronomy to birding, amateurs have been busy collecting data — and making real discoveries.
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