05/12/2021
Today

Restricting Freedom w/Lockdowns Did Not Defeat C19

John Tamny, Law & Liberty

John Tamny remarks on the stupidity of making the restriction of personal freedom the primary tool to fight COVID-19.

The Olympics Shouldn't Be a Superspreader. Cancel Them.

Jules Boykoff, NYT

The International Olympic Committee cares about its relentless pursuit of profit, not public health.

Pandemic Planners Were Ready. No One Listened.

Chris Lehmann, New Republic

The heroes of Michael Lewis's new book, "The Premonition," are a band of intrepid policy entrepreneurs.

The Very High Cost of Coronavirus Ignorance

Richard Rahn, The Washington Times

Bad perceptions can lead to very poor public policy. As reported by Health Care News, a recent poll found that young adults "

There's No Evidence QE "Tapering" Hurts Market

Market Minder, Fisher Investments

There is still no indication central banks' tapering quantitative easing bond buying is negative for markets.

Navigating Rapidly-Improving Financial Ecosystem

Talal Debs, RealClearMarkets

The fusion of technology and finance presents an entirely new regulatory challenge. Indeed, today's financial technology (fintech) ecosystem finds itself in a bind. The realm of artificial intelligence, blockchain, and decentralized finance (DeFi) is seemingly caught between regulatory inaction on one hand and micro-management on the other. Advancements in fintech are providing greater access to financial services for more people, from the non-finance savvy to those trading or paying digitally for the first time. This expansion is especially relevant when it comes to investing and transaction...

How To Best Adapt to Hybrid Workplace Future

Daniel Freedman, RealClearMarkets

COVID-19 made remote work the new normal, giving employees more flexibility to live and work from anywhere. But with pandemic restrictions lifting, many companies now face a challenge: how do they keep the increased productivity and other benefits of remote work while also unifying employees under a common company culture? The answers can be found in organizations that, even before the pandemic, successfully nurtured strong cultures across remote workforces. From the Marines to McKinsey, the Jesuits to the Wall Street Journal, I've seen first-hand how organizations of all stripes built...

Look at What a Mess Biden Has Made of Labor Market

Andy Puzder, Fox Business

While the economy created an average of over 500,000 jobs from January through March (770,000 in March alone), that number dropped precipitously in April and the unemployment rate increased. No one should have been surprised.

Stop Blaming Unemployment Money for Slim Job Creation

Anneken Tappe, CNN

America's job market is in a weird spot: it's still millions of jobs short of where it was before the pandemic, but businesses complain they can't find staff. Opponents of enhanced unemployment benefits during Covid say the government aid is so cushy, the jobless don't want to return to work.

Jobs Report Shows That More Stimulus Isn't Answer

Douglas Holtz-Eakin, The Hill

The corollary of the over-stimulus lesson is that the proposed American Jobs Plan and American Families Plan must be carefully designed to avoid further near-term stimulus and instead focus on long-run issues of trend growth.

How Joe Biden Could Expand Paid Leave to More of Us

Gregory Svirnovskiy, Vox

The government's definition of the family could be expanded in Biden's American Families Plan. That's really important.

Biden Wants To Take On Fossil Fuels. One Prob.

Michela Tindera & Eric Fan, Forbes

Climate envoy John Kerry, policy advisor Susan Rice and Treasury Secretary Janet Yellen all arrived in Washington with oil-and-gas interests in their portfolios.

Biden & Powell v. Summers & Dudley

Brian Wesbury & Robert Stein, First Trust

Tips for Handling Potential Capital Gains Change

Hayden Adams, Charles Schwab

Although it's not clear what final legislation could look like, there are possible ways to mitigate any potential tax impact.

The Fall of the Titans!

Joe Steidl & Tiffany Su, Research Affiliates

The performance of a market-cap-weighted index is driven by a handful of stocks with the largest capitalizations, but these stocks do not remain at the top for long. A smart beta multi-factor strategy is a good solution for investors concerned about the concentration risk of a passive market-cap tracker.

Tragic C19 Shutdowns

Russell Redenbaugh & James Juliano, Kairos Capital Management

Ok, And Then What?

Richard Moody, Regions Bank

Will Taxes Increase For the Rich?

Michael Townsend, Charles Schwab

President Biden has proposed a higher top individual tax rate and changes to the capital gains tax. Both are a long way from becoming law.

Have Stocks Already Priced the Econ. Boom?

Liz Ann Sonders, Charles Schwab

The stock market has been generally cheering strong economic data; but history shows that boom economic conditions may already be largely priced in.

The Republicans Are Waging War On the Unemployed

Joel Mathis, The Week

Why Republican states are cutting off jobless benefits

Upside-Down Econ. of Subsidized Joblessness

Dan Mitchell, International Liberty

Back in 2010, I applauded Paul Krugman for acknowledging that government unemployment benefits can encourage joblessness. And I even cited Krugman in this 2012 debate on the topic. We're deba…

Selling Into Strength: How You Make Money In Market

Michael Cannivet, Forbes

Here are some 'risk-off' signals that make me a little more cautious heading into May.

The Winners From Latest Retirement Rule Changes

Russ Wiles, Arizona Republic

The many federal retirement incentives adopted in recent decades have made a difference, but there's still a big divide in the retirement wealth gap.

Businesses Beware: Ghost of Hong Kong Is a Warning

Matthew Cronin, The Hill

Hong Kong's fate is a warning to any institution that thinks it can do business with China and come out unscathed.

The Buchanan Thesis: To Limit Gov't, Balance Budget

Donald Boudreaux, AIER

"Those of us who decry large and intrusive government should demand that government annually balance its budget. The tighter the constraint on government's access to resources, the freer and more prosperous the people will be." ~ Donald J. Boudreaux

Elon Musk Loves Cryptos, Should You?

Jessica Menton & Craig Harris, USA TODAY

Billionaires, celebrities and athletes can't get enough of the crypto craze. \nShould you jump in on the mania, too? Here's what financial experts say.

Weighing Cost of C19 Panic: Jay Richards & John Tamny Int.

Bill Walton, TBWS

In this episode, Bill talks with Jay Richards and John Tamny about the Covid-19 pandemic and the trade-offs between freedom and government mandated "safety."...

Finally, Many Years Late, We're On Brink of Dow 36K

James Glassman, Kiplinger

The main thrust of our book was that buying and holding a diversified stock portfolio is by far the best strategy.

What To Do Now To Catch Up On Retirement Savings

John Wasik, New York Times

Even if your finances weren't devastated by the pandemic recession, many Americans have not yet started saving. Here's what you can do.

Biden's Economic Program Is Already Slamming Econ.

Editorial, New York Post

Economists expected the country to add 1 million jobs in April. It added just 266,000 — a sign that Bidenomics is kicking in and already becoming a dangerous drag on the economy. The Bureau of…

They're Telling Lies About Biden's Alleged Call to Ban Meat

Emily Atkin, MSNBC

How Republicans' recent lies about climate action double as advertising for the meat industry.

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

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

Why Is The West Imitating Beijing?

Niall Ferguson, The Spectator

From lockdowns to government central planning, the West is increasingly aping China.

Is The Fed Really Playing With Fire?

Cullen Roche, Pragmatic Capitalism

Three things I think I think.

4 Investing Lessons from David Swensen

Nick Maggiulli, Of Dollars And Data

On asset allocation, equity exposure, and other lessons from one of the greatest investors of all time.

This Is Nuts. This Is The Trash Crash

Jamie Powell, FT Alphaville

All the trash stocks are coming back to earth.

Giving The Business To Growth

Steven Malanga, City Journal

Economic opportunity is driving the migration trends behind America's political realignment.

The Biggest Untapped Investment Out There

Richard Wiggins & Aaron Bloom, II

The grid is old, boring, and the biggest untapped investment since David Swensen championed alts.

Saturday Night Dive

Jamie Powell, FT Alphaville

Elon's sketches weren't the most painful thing on Saturday night for Dogecoin hodlers.
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