04/22/2020
Today Glenn Reynolds, USA Today OK, so the country has been shut down for about a month, and we’re seeing cracks start to form. While some epidemiologists are talking about keeping things closed down for months longer, we’re also seeing growing public protests around the nation, as people call for restarting things. Others shame them as “virus deniers” and accuse the protesters of wanting people to die. But it’s hard not to notice a class divide here. As with so many of America’s conflicts, the divide is between the people in the political/managerial... |
Daniel Markovits, New York Times A onetime assessment of the 5 percent at the top would do wonders â?" and help prove that we are all in this together. |
Adam Brandon, Examiner News coverage has centered on the coronavirus protests that have broken out in states enacting harsh lockdowns such as Michigan, North Carolina, and others over the past week. Commentators have compared these with the "Tea Party" rallies of more than a decade ago. |
Joe Calhoun, Alhambra Partners Two weeks ago, OPEC+ and the US came to a deal to cut crude oil production. President Trump hailed the deal, saying it would save "hundreds of thousands" of oil patch jobs. The Texas Railroad Commi? |
Steve Forbes, What's Ahead |
Bill McKibben, The Nation We're cooked unless investors stop funding fossil fuel companies. |
Benjamin Zycher, RealClearMarkets "Climate Action" is the theme of this 50th Earth Day, and it is useful to note that these five decades of apocalyptic warnings truly are amazing in their... |
Market Minder, Fisher Investments We agree it is way too early to declare the bear market over, but P/Es aren't the reason why. |
John Tamny, RCM In his essential 2018 book Burn the Business Plan, Syracuse professor and serial entrepreneur Carl Schramm laid waste to the popular notion that local governments can play venture capitalists.... |
Steven Malanga, City Journal The stock market downturn portends big losses for government pension fundsâ?"and billions in new obligations for taxpayers. |
E.J. McMahon, New York Post Doling out federal aid to states and localities with no strings attached â?" as Senate Democrats just proposed â?" would only perpetuate unsustainable spending habits. |
Alex Hendrie, RealClearMarkets The Trump administration is starting to turn its attention toward re-opening and revitalizing the economy, with the President announcing the formation of a new taskforce dedicated to... |
Brian Wesbury & Robert Stein, First Trust Advisors |
Peter Hooper, Deutsche Bank Group |
William Smead, Smead Capital Management |
Russell Redenbaugh & James Juliano, Kairos Capital Management |
Matthew Luzzetti, Deutsche Bank Group |
Eric Nelson, Servo Wealth Management We are all biased in how we remember the past, and this has serious implications for how you make financial decisions. Learning more about your hindsight bias might help you avoid common and very costly investment mistakes. |
Mark Hulbert, MarketWatch U.S. stock market is itself a forward-looking instrument |
Rebecca Lake, U.S. News & World Report |
Josh Barro, New York Magazine |
Jonathan Williams & Lee Schalk, Hill Bailing out states with federal tax dollars is akin to using your American Express to pay off your Visa. |
Editorial, New York Sun The drama of profligate states using the coronavirus pandemic as an excuse to seek federal bailouts to paper over long-term mismanagement has finally found a Pavarotti — the editorial board of Chicago Tribune. It uncorked this morning an editorial calling pleas for as much as $40 billion in federal lucre for Illinois “shameless,” “dishonest,” “beyond galling.” And it was just getting tuned up. |
Jay Shambaugh, Brookings Institution The Hamilton Project seeks to advance America's promise of opportunity, prosperity, and growth. |
Robert Kuttner, New York Times The vital agencies that support employment and loans need reinforcing. |
Bill Walton, The Bill Walton Show A weekly selection from The Bill Walton Collection focused on recent events and timely interviews. |
Ioana Petrescu & Steve Johnson, The Hill This situation should lead the world to a better future. |
Bret Stephens, New York Times Just as there are no atheists in foxholes, there should be no big-pharma haters in pandemics. |
Jason Kindrachuk, Forbes An early cluster of cases, linked to an animal market in Wuhan, initially suggested that humans had been infected by animals. |
Thomas Smith, RealClearPolitics Deliberately closing down the economy, which has never been done before, has created a more infectious, possibly more lethal disease than COVID-19. LetÂ's call it the Stress Virus. For the Stress... |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Amy Whyte, Institutional Investor Asset managers and asset owners say they're in good shape but there's still a lot to worry about, according to II's proprietary new survey. |
Sean Illing, Vox Two once in a lifetime economic events??? |
John Rekenthaler, Project Syndicate Will it stay that way? |
Michael Harris, Price Action Lab What happened yesterday in crude oil was supposed to be impossible. |
Donald Boudreaux, Cafe Hayek Senator Marco Rubio is peddling fallacies. |
Izabella Kaminska, FT Alphaville What has happened before will happen again (as someone on a sci-fi TV show once said). |
L. Randall Wray & Yeva Nersisyan, Project Syndicate Since the United States adopted a $2.1 trillion rescue package to complement unprecedented action by the US Federal Reserve in response to the COVID-19 crisis, the media have been amplifying popular misconceptions about Modern Monetary Theory. So, what does MMT actually say about financing government borrowing and spending? |
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