04/05/2021
Today Andrew Wilford, RealClearMarkets Believe it or not, "Infrastructure Week" appears to finally be here. Unfortunately, it carries with it a raft of tax hikes that put the lie to the campaign-trail branding of Joe Biden as a moderate, at least on taxes. Fresh off the passage of a $1.9 trillion spending bill (which, in truth, will probably end up costing taxpayers well over $3 trillion), President Biden is now proposing a $2 trillion infrastructure package. It may not even take six months for Biden to put American taxpayers on the hook for $5 trillion in spending. |
Christopher Marquis, The Hill For real accountability, new governance standards are needed. |
Ken Fisher, RealClearMarkets Tax hikes are coming! Tax hikes are coming! Yikes, Yikes, Yikes! Pundits tizzy it up over President Biden's rumored plan, fearing multi-faceted new, huge hikes will whack stocks. They warn budget reconciliation means Biden can slam-dunk it all with Democrats only. Take a deep breath: Internal Democratic divisions will dilute any tax legislation that passes. But, even if I'm wrong on that, it still won't whack stocks. Let me explain. |
German Lopez, Vox The proposal takes an expansive view of infrastructure. |
Kevin Williamson, National Review Democrats love nothing more than railing against policies they themselves created. |
Jordan Weissmann, Slate The opportunity for a competent administration to do something historic was helped by timing, weather, and, yes, Trump. |
Jim Desmond, The Examiner Gov. Gavin Newsom owes the citizens of California an apology. Telling someone they're not essential is appalling. Every person and the work they do are essential. Just because a bureaucrat may deem you nonessential, that doesn't mean it's true. |
Sheldon Jacobson, Indianapolis Star Blocking off middle seats appeals to consumers. But is it safer for people flying? |
Editorial, New York Post "Fool me once, shame on you. Fool me twice, shame on me." Fool me three times, I must be John Kerry. President Joe Biden's climate czar is banking on negotiations with Beijing to achieve net-zero c… |
John Tamny, Forbes Imports relentlessly strengthen those who import, which means China's economic rise will serve as rocket fuel for the U.S. economy. |
Various, New York Times Banks were eager to do business with Bill Hwang and his Archegos Capital Management — until he ran out of money. |
Kirk Arner, RealClearMarkets In George Orwell's 1984, Big Brother government held monopolies on truth and morality. Bureaucrats at a literal Ministry of Truth systematically altered and destroyed historical documents in order to make them comport with the government's current agenda. Disapproved ideas—particularly ideas that posed a threat to government orthodoxy—were incinerated in "memory holes." All that remained were accounts of history pre-approved by the government. Recently, the threat of a new Ministry of Truth emerged. But this time, the threat to free expression and journalistic independence didn't... |
Richard Moody, Regions Bank |
Jeffrey Kleintop, Charles Schwab Policymakers in major economies have pointed to 2023 as the date the stimulus payback may begin. |
Ryan Detrick, LPL Financial Research Market Blog Wednesday, March 31, 2021 |
Matthew Luzzetti, Deutsche Bank Group |
Ryan Detrick, LPL Financial Research Market Blog Tuesday, March 30, 2021 |
Brian Wesbury & Robert Stein, First Trust Advisors |
Brad McMillan, Commonwealth Commonwealth CIO Brad McMillan takes a look beyond the headlines of the Archegos story, including what effect it may have on the markets and investors. |
Kenneth Rogoff, Project Syndicate Today, it seems to be an article of faith among US policymakers and many economists that the world's appetite for dollar debt is virtually insatiable. But a modernization of China's exchange-rate arrangements could deal the dollar's status a painful blow. |
Jerusalem Demsas, Vox As Lorde said: "We live in cities." |
Susan Dziubinski, Morningstar Here's a peek at the cheapest constituents of the Morningstar Wide Moat Focus Index--as well as names that have been added and cut. |
Derek Thompson, The Atlantic mRNA's story likely will not end with COVID-19: Its potential stretches far beyond this pandemic. |
Alex Kirshner, Slate Not GameStop. Not SPACs. Not NFTs. Not even the big stuck boat. |
Chuck Collins, The Nation The US has now become the global center for money hiding and illicit wealth storage. |
Josh Dzieza, The Verge Why an organizing campaign in Alabama matters |
Billy Binion, Reason We don't need Biden's 21st century 'New Deal' to rebound. |
Preston Caldwell, MStar Consumers are ready to spend. |
Mohamed A. El-Erian, PS Although tough trade-offs are sometimes unavoidable, there is a way for policymakers to maintain a robust global economic recovery in 2021 and beyond while simultaneously pulling up disadvantaged countries, groups, and regions. But it will require both national and international policy adaptations. |
Marc Wortman, VF How detectives from Scotland Yard, Romania, Germany, and Italy nabbed the so-called Mission: Impossible gang, which pulled off a string of daring warehouse heists. |
Michael Johnston, Evergreen Gavekal One thing that has become apparent over the past decade is the growing connectedness between the physical and digital world. VR (Virtual Reality) and AR (Augmented Reality) products have made it possible to explore new universes and to see the existing world in new ways. |
C. Brandon Ogbunu, Wired Over the last year, the scientific community has been reluctant to openly discuss its missteps. But coming clean could help prevent the next pandemic. |
Erica Pandey, Axios The last year widened the chasm between rich and poor. |
|
|
|
|
