07/14/2020
Today Rich Karlgaard, Forbes Is Covid-19 on its way out? Or will it make a deadly return like round two of the Spanish flu? |
Paul Krugman, The New York Times As the school year looms, the pandemic is still raging. |
United Nations, New York Over a period of years, about 10 million Americans lost their homes as a result of the post-2008 foreclosure crisis. Over the next three months, 20 million Americans could be evicted from their homes as a result of the coronavirus recession. |
Russ Wiles, Arizona Republic |
Paul Katzeff, Investor's Business Daily |
Don Boudreaux, American Institute for Economic Research Opinions vary enormously about the merits of government-imposed lockdowns in response to the coronavirus. Some data get flung here, other data are paraded there, all amidst fiery discussions of the reality and relative importance of concepts that most of us had never heard of until just a few months ago – concepts such as herd immunity, comorbidity, T-cells, and the flattening of curves. Conclusions differing as starkly from each other as night differs from day are drawn, with ardent champions of each conclusion insisting that his or her stance is the one – the only one... |
David Harsanyi, National Review Populists argue that Americans can do anything, build anything, and achieve anything. But the happy reality is that we're lucky enough not to need to. |
Jonathan Russo, Worth Letting go of investment decisions isn't easy, but it can be done. |
Zachary Karabell, Foreign Policy The old U.S.-led order has crumbled. What will replace it may be just what the worldâ?"and the United Statesâ?"needs. |
Simon Maierhofer, MW The past has shown that stock prices can remain above so-called trend channels for a long time |
Andrew Wilford, RCM Sometimes, all it takes to open the floodgates for bad tax policies is a small budget hole, and the deficits that many states and localities are facing are far from tiny. Unfortunately, the progress of a recent proposal by the Chairman of the D.C. City Council to tax advertising in response to recession and pandemic-induced budget pressure has illustrated this phenomenon. D.C. Mayor Muriel Bowser, recognizing the danger of imposing new taxes to plug budget holes in the middle of a recession, has pushed to make up any shortfalls through freezing city employee pay and hiring, and... |
Matthew Lesh, Washington Examiner Free markets are our secret weapon against environmental challenges. |
Collin Martin, Charles Schwab We can't rule it out completely, but we believe the risk is low. |
Richard Moody, Regions Bank |
Jeffrey Kleintop, Charles Schwab In order to help try to make sense of it all, let's take a look at where the stock market makes sense right now and where it doesn't. |
Mark Mills, Manhattan Institute Policymakers have made a "green" energy shift a priority in economic recovery, but these visions ignore the dirty process of switching to "green" energy. |
Richard Moody, Regions Bank |
Michael Townsend, Charles Schwab Here's what we're keeping an eye on in the weeks ahead. |
Mickey Levy, Manhattan Institute |
Cody Willard, MarketWatch The asset bubble, backed by the Federal Reserve, sets up a scenario similar to the market top in 2007 |
David Leonhardt, The New York Times The pandemic could shape the world, much as World War II and the Great Depression did. |
Sara Greene & Lawrence Zelenak, The Hill The coronavirus crisis has blocked many families living below the poverty line from their refundable earned income tax credit and even child tax credit; Congress can reverse this. |
Parija Kavilanz, CNN The new work-from-home normal has rapidly recalibrated the fashion code for professional wear. That spells trouble for big retailers who sell clothing normally worn at the office. |
Editorial, New York Post The city comptroller's job is to watch the budget, spot waste and protect taxpayer dollars. Alas, Scott Stringer is more interested in adding costs and bloating the bottom line â?" all to promote his own political ambition. |
Paris Dennard, Washington Examiner Former Vice President Joe Biden spent 44 years as a career politician putting the People's Republic of China first and America second. Moreover, his constant advocacy for China and support for NAFTA came at great costs for black workers. |
Joakim Book, AIER In August 2018, Greta Thunberg first began skipping school to protest outside the Swedish parliament. Almost two years later, her fame is global; everybody knows her name, climate activist or climate change denier, politician, or janitor. The relentless rise to international fame for this teenager – becoming Time Magazine’s Person of the Year in 2019 – was cut short only by the corona pandemic. Media teams followed her through lockdown, where she eagerly expressed her love for learning and repeated her frequent message of listening to the... |
Paul Davidson, USA Today Will offices go the way of the telephone booth? |
Dani Rodrik, Project Syndicate Many Western economists presume that governments are not very good at identifying industries that merit support, and that domestic consumers and taxpayers incur the bulk of the costs. By the same logic, if Chinese policymakers effectively targeted activities where social benefits exceed private benefits, then it is not clear why foreigners should complain. |
Lily Bernicker, Collaborative Fund How three major consequences of COVID-19 will create lasting changes to how we deliver and pay for healthcare. |
Anne C. Witt, Pro Market In essence, the German Federal Court of Justice ruled that Facebook, which has held a steady market share of over 90 percent in this market since 2011, used its market power to force unfair data collection terms upon consumers. |
Editors, The Economist There are grounds for optimism but also signs of irrational exuberance |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Ed Yardeni, Dr. Ed's Blog The S&P 500 stock price index includes 500 companies. On Friday, five of the six so-called FAANGM stocks (all but Netflix) occupied the top spots as the largest S&P 500 companies by market capitalization. |
Chryssi Giannitsarou & Flavio Toxvaerd, VoxEU If immunity is only temporary COVID could become endemic. |
Brittany Anas, MarketWatch A few industries are showing positive signs of recovery |
Emily Stewart, Vox The Paycheck Protection Program worked how it was supposed to, despite loans to the Los Angeles Lakers and Kanye West's Yeezy. That's the problem. |
Christine Benz, Morningstar Retirement researcher Wade Pfau discusses why low yields put this withdrawal rule at risk and what strategies retirees can use instead. |
Jeff Carter, Points and Figures Learn calculus. |
Jordan Weissmann, Slate They're uniquely dangerous for spreading the coronavirus. We need to pay to keep them closed. |
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