09/05/2020
Today Jordan Weissmann, Slate The new jobs numbers were a mixed bag. |
Andy Puzder, Fox News We increasingly appear to be experiencing a "V"-shaped recovery (or at least a very strong checkmark), with four straight months of the most robust job creation ever recorded. |
Josh Barro & Benjamin Hart, New York Magazine August's jobs report, which showed unemployment declining and new jobs being created slightly faster than expected, painted a picture of an economy recovering at a decent clip. |
John Tamny, Forbes U. As the economy grows, so grows the range of ways that people can express their unique skills and highly unique intelligence in the workplace. |
Jenin Younes, American Institute for Economic Research From the moment it became clear that the coronavirus was headed for our shores and that much of the United States was gearing up to follow China and Italy into lockdown, my instincts told me that this was the wrong response. We cannot simply cease indefinitely the functioning of large swaths of society without a terrible, adverse impact on ourselves and the world, I thought. Yet on the liberal-left, since the beginning of the pandemic, there has been an almost complete absence of discussion and debate on the subject. Anyone who dares to suggest that we have overreacted to the threat of... |
Justin Lessler & Lucy D'Agostino McGowan, USA Today A 70-year-old grandfather of three arrives at the hospital in respiratory distress. He has struggled with heart disease for years and, at his doctor’s recommendation, is taking a watch-and-wait approach to his early stage prostate cancer. When he arrives at the hospital, he is admitted for acute viral pneumonia and is given a COVID-19 test, which comes back positive. Over the next few days he rapidly worsens, despite first getting oxygen, and then being put on a ventilator. Five days after entering the hospital, he dies. |
Brad Polumbo, FEE In 2012, then President Barack Obama infuriated many Americans when he told business owners “you didn’t build that” and suggested that the government has a claim on their stuff. Yet this comment looks like only a mild affront to property rights next to what the Centers for Disease Control and Prevention (CDC) just did. Under the direction of the Trump administration, the CDC instituted a unilateral order halting many evictions. It essentially nationalizes millions of private rental properties and strips landowners of their basic rights. |
Pat O'Hare, Briefing.com It's time for a rant. Why? The S&P 500 declined 3.5% on Thursday while the Nasdaq Composite declined 5.0%. That's not the reason for a rant. The reason for a rant is what we heard while the S&P 500 and Nasdaq Composite, fresh off record highs, were falling. Listen Up We'd like to say you heard it here first, but you didn't if you were listening to CNBC on Thursday. |
Steve Forbes, What's Ahead A tax on "others" is a tax on you. |
Matt Egan, CNN The sudden return of turbulence on Wall Street is a rude awakening for newbie investors who grew accustomed to a stock market that went almost exclusively in one direction: straight up. |
Veronique de Rugy, New York Times A privately owned entity created by the Export-Import Bank allows its customers to also be its owners. |
Jenny Vrentas, Sports Illustrated A social justice movement is sweeping the countryâ?"and professional sports. Is the NFL ready for whatever comes next? |
Jeffrey Kleintop, Charles Schwab The recent imbalances in the stock market can lead to vulnerability; rebalancing portfolios may be valuable to help balance exposure to U.S. capitalization-weighted benchmarks relative to international stocks. |
Jerry Bowyer, Vident Financial |
Various, CDC This report describes mental health challenges faced by communities during the COVID-19 pandemic. |
Michael Hendrix, Manhattan Institute The Manhattan Institute partnered with Echelon Insights to conduct a July 2020 survey of New York City adult residents in order to better understand their feelings about issues facing the city, views on city government, and attitudes toward potential policy solutions. The results show a city... |
Brad McMillan, Commonwealth Financial Network |
Carrie Schwab-Pomerantz, Charles Schwab Women have come a long way in terms of equality, but are we investing enough for financial security? Not according to Carrie Schwab-Pomerantz. |
Jerry Bowyer, Vident Financial |
Kenneth Rogoff, Project Syndicate Policymakers' most important task is to try to reduce the massive lingering uncertainty regarding COVID-19 while continuing to provide emergency relief to the hardest-hit individuals and economic sectors. But the insecurity fueled by the pandemic is likely to weigh on the global economy long after the worst is in the past. |
Graeme Wood, The Atlantic If the real, lasting change you wish to effect is burning society to cinders, then perhaps looting is the right tool. |
Daniel Tenreiro, NR Riots have long-lasting consequences. |
Susan Dziubinski, Morningstar Tech stocks took it on the chin on Thursday. Here's our take on whether tech's leaders are worth nibbling on. |
John Rekenthaler, Morningstar The silly season is upon us. |
Luis Perez-Breva, Epsilon Theory We have met the enemy and he is us. |
Katy Vine, Texas Monthly Over a decade, Theodore Robert Wright III destroyed cars, yachts, and planes. That was only the half of it. |
Nick Maggiulli, Of Dollars & Data On why poor people stay poor and the ripple effects of wealth. |
Jessica Aguirre, VF It may seem counterintuitive that a pandemic-fueled recession could lead to a bullish housing market. But a combination of trends has resulted in a buying frenzy. |
Mary Harrington, UnHerd Does the Government fear an economic rebalancing away from the capital? |
Jim Tankersley, The New York Times Federal debt, as a share of the economy, hit 98 percent in the 2020 fiscal year. Many economists are pushing lawmakers to add even more to it. |
Michael Spence, Project Syndicate While it is true that bullish equity markets are out of step with the historic contraction in the real economy, to say that they are disconnected from it misses the point. In fact, the lofty valuations of companies with high intangible capital per employee make perfect sense in today's economy. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Howard Lindzon, Howard Lindzon Enjoy this momemnt in time. |
Barry Ritholtz, The Big Picture Passive investors stayed the course during the coronavirus panic. |
Ironman, Political Calculations The U.S. stock market saw continuing improvements for dividend paying firms in August 2020. |
Jenin Younes, AIER Anyone who dares to suggest that we have overreacted to the threat of coronavirus, and in doing so, have caused more harm than the disease itself, is accused of being a grandma-killer, a fascist, and worse. |
Veronique de Rugy, Reason.com Forgiving payroll taxes is a bad way of stimulating the economy and would leave Social Security benefits underfunded. |
Claire Jones, FTA If low unemployment no longer leads to inflation, then what does? |
Eric Compton, Morningstar Funds focus purchases in basic materials and consumer sectors. |
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