08/21/2021
Today

Market Tremors, Plunges & Black Swans

Seth Berenzweig & John Tamny, Capitol Brief

In this edition Seth Berenzweig and John Tamny discuss market and world conditions and what the future may look like

Corporate Purpose Is To Pursue Profits, Not Popularity

Donald Kochan, The Hill

Focusing on shareholder value is the highest social cause because it leads to the greatest amount of wealth creation.

Economic Growth Makes Us Better Off & Just Better

Andrew Potter, Quillette

Can meritocracy survive?

The Pandemic Start-Up Boom Is Growing Stronger

Ben Casselman, NY Times

After waning for decades, applications to start businesses surged last year. If the rebound proves durable, it could provide a more resilient economy.

Have Democrats Become the Party of the Rich?

David Bromwich, The Nation

If you're waiting for Democrats to talk as frankly about wealth as they do about race, don't hold your breath.

Why Restaurants Suddenly Got So Expensive

Allie Sullberg, Grub Street

And why that's probably for the best.

Inside Facebook's Metaverse For Work

Alex Heath, The Verge

We spent time with Facebook CEO Mark Zuckerberg in Horizon Workrooms, the company's new attempt to build a metaverse for work collaboration in Oculus VR.

The Black Widow Legal Battle & The Future of Hollywood

Brent Lang, Variety

Two key dates stand out in the slender 19-page legal filing that sent Hollywood reeling late last month as Scarlett Johansson declared war on the Walt Disney Co. One is May 9, 2017, the day that a …

Bad News: Selling The Story Of Disinformation

Joseph Bernstein, Harper's

Selling the story of disinformation

Not all that Glitters is Gold

Tadas Viskanta, YCharts

Tadas Viskanta discusses with YCharts how Gold affects investment professionals' portfolios, and if the asset should be a priority in their strategies.

Have Americans Increased their Homes' Values?

Barry Ritholtz, The Big Picture

I spent a lot to upgrade my house. Did it pay off?

Solar Projects Won't Solve Big Oil's Carbon Problem

Eric Rosenbaum, CNBC

U.S. oil firms led by Occidental are tackling carbon. ExxonMobil and Chevron have invested in renewable energy. But it's on the margins, and may stay that way.

Should I Worry About Inflation?

Carrie Schwab-Pomerantz, Charles Schwab

We can't control inflation or know what it will be in the future, but we can be smart about how we prepare.

Should the Fed Issue a Digital Currency?

Paul Kupiec, American Enterprise Institute

Residential Construction: Still a Supply Side Story

Richard Moody, Regions Bank

New Data Hints At Peaking US Inflation Trend

James Picerno, The Capital Spectator

Yesterday's July report on US consumer inflation suggested that the recent surge in pricing pressure may be peaking. That's also the message in revised data for CapitalSpectator.com's Inflation Trend Index (ITI).

Bank Loans v. High-Yield: How They Stack Up

Collin Martin, Charles Schwab

For yield-seeking investors willing to take additional risk, bank loans may be more attractive than high-yield bonds today.

Capitalism vs. Socialism

Brian Wesbury & Robert Stein, First Trust Advisors

Meme Stocks and Systematic Risk

Derek Horstmeyer, Enterprising Investor

How do meme stocks move relative to stock market indices and other meme stocks?

Fail-Safe Failures Reveal Our Tech Reliance

Robert Skidelsky, Project Syndicate

So much of our lives nowadays are determined by the smooth functioning of technologies of which we know little. Even if the risk of a global breakdown remains remote, we will increasingly find ourselves helpless and panic-stricken in the face of even mild upsets to "normal" life.

179 Reasons You Needn't Panic About Inflation

Josh Bivens, New York Times

These charts break down the data behind the headline numbers.

How to Choose a Great Dividend Income ETF

Daniel Sotiroff, Morningstar

Use caution when chasing yield.

China Is No Home For Innovation

Allison Schrager, City Journal

Why China will never have the world's preeminent economy.

Vaccine Mandates Meet America's Worker Shortage

Chris Isidore, CNN Business

At Kevin Smith's home health care agency in Massachusetts, only 52% of his 400 staff members have been vaccinated. He'd like to order them all to get the shot, but he says he can't risk a mass exodus.

How Nixon Made The World Safe For Cryptocurrency

Larry Elliott, The Guardian

The decision has led to volatile financial markets, geopolitical tension and inflated asset prices

How Apple Took on Georgia And Won

Emily Birnbaum, Politico

Poorly resourced state governments are no match for the lobbying firepower of Apple, the most valuable company in the world.

Hindenburg Wins Big by Seeking Out Frauds

Matthew Goldstein, New York Times

The activist short-seller behind Hindenburg Research has become known for research that sends companies' stock sinking. He says he's not in it just to move share prices.

Sorry, Deficit Hawks: Low Rates Are Here To Stay

Alan Cole, Full Stack Economics

Deficit hawks have been awaiting their moment for 17 years.

How Amazon Dethroned Walmart

Justin Bariso, Inc.

Amazon just displaced Walmart as the world's largest retailer outside of China. Here's how Amazon did it--and what you can learn from its achievement.

Why Tontines Should Be Part of the Retirement Solution

Jasmin Sethi, MStar

Old-fashioned tontines are a modern option to cut fees and manage retirement money.

High Car Prices Aren't Going Away

Chris Isidore, CNN Business

This quarter was supposed to be when computer chip supply and auto production were returning to normal. Instead, the surge in Covid cases, especially in Southeast Asia, is causing a new round of parts shortages and auto plant shutdowns around the globe. That could keep already astronomical car prices high.

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

The Bull Market Is Over

Jeffrey Carter, Points and Figures

We have lost confidence.

5 Causes Of Recent Stock Weakness

Steven Vannelli, Knowledge Leaders Capital

COVID cases are on the rise again and it shows up in several ways.

2 Undervalued Streaming Stocks

Mike Hodel, Morningstar

We think they're better opportunities than Netflix.

He Tackled Education & Now He's Aiming For Healthcare

Tom Foster, Inc.

Both of Eren Bali's companies are worth billions. He comes from the edge of nowhere in rural Turkey. How does this happen? It actually makes perfect sense.

It's Time to Bring Back Cargo Pants

Gilad Edelman, Wired

The much-maligned fashion trend is actually perfect for stashing your huge slab of smartphone.

You Thought The Chip Shortage Was Over...

Jamie Powell, FT Alphaville

News from the land of the rising sun.

Context Matters: Cherry Picking Time Frames

Barry Ritholtz, The Big Picture

Where you choose to measure performance from shapes the story.
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