09/27/2021
Today Paul Atkins, Fred Hatfield, Jill Sommers, RCM Consider it a warning sign when legislation coming off Capitol Hill includes language - even before it is enacted - indicating a federal agency will need to simplify its related rules. As former Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) Commissioners, we know too well the complexities in implementing rules to carry out legislative intent. Even more concerning is when legislation will negatively impact the functioning of the derivatives and equities markets, as well as the millions of retail investors who invest in them. |
Robin Kaiser-Schatzlein, New York Times The longer we fail to constrain inherited wealth, the sooner the dream of a democratic society dies. |
Grover Norquist, Washington Examiner President Joe Biden and congressional Democrats are demanding $3 trillion in tax increases on families and businesses. The largest tax hike in over 50 years. |
Jonathan Chait, New York Magazine Joe Biden is still a capitalist. |
Andrew Wilford, RCM As Democrats push for a 79th increase in the debt ceiling, it's tempting for Republicans to simply say that enough is enough. Particularly at a time when Democrats are pushing for $3.5 trillion in new spending in the middle of a second consecutive year running a $3 trillion deficit, the need to rein in the size of the federal government rightly is at the forefront of the conservative mind. But rather than simply working to prevent Democrats from successfully raising the debt ceiling, advocates of smaller government should focus on comprehensive reform to put the country on a path to fiscal... |
Dan Ferris, AC Ignore the overhyped theatrical narrative of the Fed "propping up the markets" and instead focus on the long game. |
John Tamny, Forbes In a free market, tomorrow rarely resembles today, and a year and five years from now are in many ways unrecognizable relative to today. |
Market Minder, Fisher Investments Markets were supposed to crater, but they did alright. |
Charles Gasparino, NYP President Joe Biden's endless debacles mark another chapter of Wall Street's notoriously horrible record of backing presidential candidates who destory the economy, Charles Gasparino wr… |
Michael Hiltzik, Los Angeles Times The fossil fuel industry claims 'renewable natural gas' is green. It isn't. |
Bernard Sharfman, RealClear Part of the bargain of being a public company in the United States is that the firm must submit to the authority of the Securities and Exchange Commission (SEC) and its ability to require mandatory disclosures. However, that authority is not unlimited: the SEC cannot go beyond what the law will allow. This limitation has significance even when you accept the argument that the SEC has the authority to require disclosures regardless of whether they are material to a reasonable investor. This is an argument that is likely to be adopted by the SEC when it soon proposes its highly anticipated... |
Eugene Ludwig, The Hill For all the misery and carnage wrought by pandemic, these figures hint at the prospect of brighter days ahead. |
Pat O'Hare, Briefing.com There's nothing systemic here. |
Richard Moody, Regions Bank |
James Montier, GMO We look at various instruments that might be thought to protect your portfolio from an inflationary outcome, whether as an inflation hedge or as a store of value. |
Ironman, Political Calculations The arrival of the coronavirus pandemic in the United States in March 2020 and, perhaps more significantly, the lockdown measures that state and local governments imposed on Americans as their response had a major impact on how Americans spent money in 2020. |
Rob Arnott & Vitali Kalesnik & Lillian Wu, Research Affiliates The value rebound that started in September 2020 gave up nearly half its gains by mid-May 2021 as the recovery faltered with the onslaught of the highly contagious Delta variant. But vaccination has proven highly effective, and as the unvaccinated around the world become vaccinated, the prospect of a reinvigorated economy is good. Is now a second chance to rebalance into value stocks? |
Hayden Adams, Charles Schwab For 2021, will you have to pay alternative minimum tax? Here's what you should know about the AMT and the steps you can take to potentially avoid it. |
Anne O. Krueger, Project Syndicate After declaring that "America is back" and rejecting almost everything that Donald Trump represented, the Biden administration seemed poised to reclaim the mantle of US leadership within the open market-oriented international order. Yet in its strategy to counter China, it is behaving utterly Trumpian. |
Ben Carlson, A Wealth Of Common Sense If we do a tale of the tape, you'll notice many differences between these two legends. |
Lee Jackson, 24/7 Wall St. These six stocks, four of which are in the red-hot energy sector, pay the highest dividends in the S&P 500 and look like great total return ideas for income-oriented investors looking for some upside appreciation as well. |
David Frum, The Atlantic The rising prices at the supermarket checkout are a problem with no simple explanation. But Democratic hopes may depend on finding the right answer. |
Brian Armstrong, Coinbase The following is an internal memo that I shared with Coinbase employees this week and would also like to share publicly to help people see how we're working toward our mission of increasing economic freedom in the world. |
Irina Slav, OilPrice.com In the modern interconnected world, it is near impossible to contain an energy or economic crisis, and it looks likely that the European energy crisis is about to go global |
John Rekenthaler, Morningstar Bypassing the traps. |
Karen Wallace, Morningstar Lifestyle upgrades add up and have consequences for your today and tomorrow. |
Brad Stulberg, Time And what you can do about it |
Daniel Kalder, UnHerd Like helicopter parents, dictators think it's dangerous to enjoy life |
Jamie Catherwood, Investor Amnesia Today we are going to discuss the Panic of 1837, which was a prolonged depression lasting six years, and included Andrew Jackson's famous "Bank War". |
Steve Strazza, All Star Charts We finally got a major resolution in what we consider one of the most important charts in the world these days. |
Joachim Klement, Enterprising Investor A new investment style has proliferated over the last decade or so: the copycat investor. |
Bryce Coward, Knowledge Leaders In our view, comparisons to Lehman Brothers are inaccurate and unhelpful, since Evergrande is much smaller and counterparty risks to an Evergrande default appear to be isolated |
Ben Carlson, A Wealth Of Common Sense It isn't always prices that adjust. |
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