04/15/2020
Today Betsy Fisher, RCM Our family business may or may not turn 32 this fall. My husband and I have survived for more than three decades in specialty retail, selling women's clothing to professionals who work in Washington,... |
Paul Krugman, New York Times On cronies, cranks and the coronavirus. |
John Tamny, RCM Reuters reported over the weekend that J.P. Morgan Chase, "the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to... |
David Super, The Hill Our highly fragmented and devolved low-income assistance programs have left us ill-equipped to get aid quickly to those most in need. |
Nick Paumgarten, The New Yorker |
Phil Valentine, Washington Examiner There's a power grab going on. Governors and mayors are taking it upon themselves to suspend constitutional rights in the name of public health. But do they have the authority? |
Phillip Magness, American Institute for Economic Research At the outset of the coronavirus lockdowns my colleague Pete Earle penned a prescient article about the propensity of political actors to rewrite the history of the unfolding crisis in real time. Assisted by a thoroughly politicized national press corps, politicians across the spectrum were busy trying to retrofit blame for the unfolding pandemic to their own political talking points and weaponize it to justify aggressive government action. |
Editorial, New York Sun Quite a turf battle is erupting between President Trump and Governor Andrew Cuomo over who has the authority to restart the American economy. Mr. Trump insists that the president of America “calls the shots” and that the states “can’t do anything without the approval of the president.” Mr. Cuomo insists that the President is off base and that authority lies with the states. |
Brent Orrell, USA Today Nearly 4 million college students are expected to graduate next month into an economic landscape that the coronavirus pandemic has rendered unrecognizable. The Class of 2019 entered a tight labor market with 3.7% unemployment. Today, in the wake of strict social distancing, the economy has been put into what economists call a “suppression,” a deliberate slowing designed to limit the spread of disease and give hospitals and health workers a chance to manage limited resources across hundreds of thousands of new patients. |
Quinn Connelly, RCM In Stubborn Attachments, the economist Tyler Cowen offers a smartly argued defense of economic growth. In fact, the title itself is a reference to the idea we need a more "stubborn... |
Richard Rahn, Washington Times |
Marc Betesh, RCM The COVID-19 pandemic has brought the country to a halt. Lockdowns and social distancing shutter a wide range of businesses, from restaurants and retail to gyms and office buildings. The entire... |
Allison Schrager, Manhattan Institute |
Brian Wesbury & Robert Stein, First Trust Advisors |
Reuven Brenner, Montreal Economic Institute The reason for the Spanish flu having had such a disastrous impact was that the two enemy coalitions fighting in WWI kept the information about the spreading flu secret. |
Richard Moody, Regions Bank |
Brandon Medina, Construction Coverage According to the most recent data from the U.S. Census Bureau, almost one-third of American households are considered cost-burdened, meaning they spend 30 perce |
David Henderson, Hoover Institution With all the mistakes by government, one thing that's working really well is the free market. |
Parissa Sedghi, Washington Examiner In recent weeks, Washington has failed Main Street yet again with its heavy-handed, one-size-fits-all approach to stopping the coronavirus pandemic. Yes, of course we should listen to health experts and continue to engage in social distancing and other safe practices: It's our duty to our fellow Americans, especially the most vulnerable. |
Eoin McSweeney, CNNMoney Workers are struggling with the economic impact of the coronavirus pandemic. Here are 16 of their stories. |
Conrad Black, New York Sun |
Peter Baker & Maggie Haberman, The New York Times The president's insistence that only he can decide if the country should reopen for business was disputed by constitutional scholars and contrasted with his earlier message that it was not for the federal government to take the lead in fighting the virus. |
Liz Watson, The Hill Until we have a vaccine, social distancing protocols and shutdown orders will likely continue in many places. We need a system in place to stop the bleeding, but we also need to look toward the future. Jayapal's Paycheck Guarantee Act will give us a running start. |
Cam Hui, MarketWatch Strategist sees S&P 500 tumbling to as low as 1,275 before a bull market can resume |
Casey Weade, Retire With Purpose |
Benjamin Zycher, RCM The crude oil sector now is confronted by a sharp decline in demand conditions caused by the COVID-19 pandemic and an increase in production attendant upon the price feud between Russia and Saudi... |
Jonathon Trugman, New York Post It's time to plan for a grand reopening of the American economy, and we need to execute it in a safe, methodical and robust way. |
David Henderson, American Institute for Economic Research |
Michael Bright, Issues & Insights This downturn is not of our own making, but it could be much deeper than 12 years ago. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Scott Grannis, Calafia Beach Pundit To date, the most consequential result of this novel coronavirus has come from the hand of government, thanks to multiple decrees from gover... |
Jeff Carter, Points and Figures Journalists don't know squat about the meat market. |
Ed Yardeni, Dr. Ed's Blog Anyone who wasn't a tech addict before the Great Virus Crisis (GVC) turned our lives upside down certainly is now. |
Amanda Mull, The Atlantic Recent history suggests young people could see their careers derailed, finances shattered, and social lives upended. |
Ben Carlson, A Wealth Of Common Sense Don't blame the Fed for bailing out corporations. Blame the government. |
John Rekenthaler, Morningstar Putting numbers to the thesis |
Sarah Begley, Medium Cold war bunkers are out. Subterranean communes are in. |
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