11/09/2020 Today Jeff Sommer, New York Times Wall Street had no better insight into the outcome of the election than a 3-year-old child, our columnist says. Best to rely on your own common sense. |
Jeff Troutner, Equius Partners Through October 13, the S&P 500 is up 8.8% year-todate and the FAANG stocks* are up an average of 56.0%. These five stocks dominate the market today, so you can imagine the average return of the other 495 stocks in the index. Clearly, this is a COVID-19 market. It’s understandable that Amazon and Netflix have per-formed well (88% and 69%, respectively, year-to-date) since all of their business is done online, but one stock in particular stands out: Zoom Video Communications (ZM). Zoom is up 662% so far in 2020. |
Hanna Ziady, CNN Like presidential elections, markets can be full of surprises. Despite protracted uncertainty surrounding the race for the White House and rising coronavirus cases in the United States and elsewhere, stocks ended the week higher. |
Zachary Karabell, Time It doesn't matter how resilient Americans are, major parts of the economy won't recover without help and until the virus is contained. |
Brad Polumbo, Washington Examiner When the dust settles and all the election drama finally comes to an end, a debate will undoubtedly reemerge over the need for another round of COVID-19 "stimulus" to propel the economic recovery. But the latest economic developments undermine the argument that further stimulus is necessary at all. |
Paul Davidson, USA Today Democrat Joe Biden’s victory in the presidential race will provide a boost to a U.S. economy battered by the COVID-19 pandemic as his bold spending plans and stauncher support for trade and immigration more than offset the drawbacks of new taxes and regulations, top economists say. Biden’s blueprint will bring back the 11 million jobs and $670 billion in annualized gross domestic product wiped out – and not yet recovered – in the crisis more rapidly than if President Donald Trump had won a second term, analysts say. |
John Tamny, Forbes Economic growth boosts lending as opposed to lending boosting economic growth. |
Alessandra Malito, MarketWatch Biden has laid out ways in which he?d change the retirement system as we know it. |
James Pethokoukis, The Week Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons. |
Jarrett Skorup, The Hill Michigan union membership is historically low and the changes may be a sign of things to come across the country. |
Shannon Palus, Slate America reported more than 100,000 new cases Wednesday. |
Amelia Janaskie, AIER In 2020, most countries in the world locked down their societies with the goal of controlling the Covid-19 pandemic. There were some outliers. Sweden, Belarus, Tanzania, and some US states deployed little in the way of “nonpharmaceutical interventions.” Another fascinating outlier – often cited as a case in which a government handled the pandemic the correct way – was Taiwan. Indeed, Taiwan presents an anomaly in the mitigation and overall handling of the Covid-19 pandemic. |
Michael Townsend, Charles Schwab Debate over another round of coronavirus aid and economic stimulus likely will be at the top of the agenda for the post-election session. |
Hayden Adams, Charles Schwab Helpful tax tips for your end-of-year charitable contributions, including stock donations. |
Market Minder, Fisher Investments As both Georgian Senate seats potentially head to a runoff, we explore the popular theory that a Democratic presidency and split Congress is the most bullish combo. |
Carrie Schwab-Pomerantz, Charles Schwab Stock options can give your compensation a significant boost, but they can also be confusing. Carrie Schwab-Pomerantz explains what you need to know. |
Market Minder, Fisher Investments Long-term investors benefit from considering a couple of key factors, in our view. |
Brad McMillan, Commonwealth Financial Network |
Willem H. Buiter, Project Syndicate To electoral observers who are heavily invested in the partisan outcome of the US elections, the delays in counting and free-wheeling allegations of fraud are enough to make November 2020 feel like the apocalypse. So why have stock prices gone on another tear? |
John Rekenthaler, Morningstar Yes he can, and perhaps accurately. |
Jeff Sommer, The New York Times Wall Street had no better insight into the outcome of the election than a 3-year-old child, our columnist says. Best to rely on your own common sense. |
Grant Suneson, 24/7 Wall Street The biggest private owners of land in America. |
Tsvetana Paraskova, OilPrice.com The long-awaited consolidation in the U.S. shale patch is well underway, but as the M&A frenzy continues, job losses continue to pile up |
James Picerno, The Capital Spectator The rear-view mirror continues to show that the US economy is clawing back losses from the coronavirus gut punch in the spring. But the rebound is increasingly threatened by the re-acceleration of Covid-19 cases, fatalities and hospitalizations. |
Dennis Friedman, MarketWatch I've become more impatient, emotional and overconfident |
Jenin Younes, AIER The working class and poor have been utterly forsaken; the party serves primarily the interests of the ruling class. The Democratic Party cannot expect to win back the working class until it addresses this shortcoming. |
Preston Caldwell, Morningstar Neither the U.S. election outcome nor the coronavirus third wave will derail it. |
Dan Doonan, MarketWatch Government needs to address healthcare and housing costs and make individual savings a priority |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Joshua M Brown, The Reformed Broker I watched the Joe Biden and Kamala Harris families take the stage last night to celebrate Biden’s election win. I was struck by how normal and sweet and nice they all seemed. I don’t agree with everything they want to do politically, but they’re not coming in as arsonists either. |
Howard Lindzon, Howard Lindzon He was awful at his job and he lost. |
Eric Boehm, Reason Navarro is the missing link between the democratic socialists on the left and the economic nationalists on the right. |
Ben Carlson, AWOCS Bubble happen when people see their dumber neighbors getting rich. |
Mark Rzepczynski, Disciplined Global Macro The polls were wrong and the financial analysts' narratives were wrong based on those polls. So what? |
Cullen Roche, Pragmatic Capitalism There are always two sides to every trade, two sides to every balance sheet and two sides to every transaction in our complex economy. |
Ironman, Political Calculations After bottoming in July 2020, the trailing twelve month average of the combined value of goods traded between the U.S. and China continued to move upward in September 2020. |
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