06/09/2021
Today Enrique Abeyta, American Consequences By Enrique Abeyta I began my full-time career on Wall Street at Lehman Brothers in August 1995. Two years earlier, I spent the summer working for Lehman on the powerful fixed-income syndicate desk. When I started, Lehman was known as a fixed-income powerhouse. It was the only place I wanted to work. I imagined […] |
Jeffrey Tucker, RCM Anytime this past year, the New York Times would tell you based on your zip code how much danger you face from Covid, based on case trends. Even at the lowest level, they always recommended against travel and for having food delivered to you. Think about that. They did not suggest that you deliver food; they suggested that someone else do it for you. Nor did they suggest that you bring food to others from groceries and take-out restaurants; they suggested that you stay put and let someone else do that. That someone else was clearly not a reader of the New York Times. They do not speak to,... |
Yeganeh Torbati, Washington Post Republican governors in 25 states are in the midst of a giant economic experiment, ceasing enhanced jobless aid for an estimated 4 million people, arguing that the generous benefits are dissuading people from going back to work. But a number of these governors have personal connections to businesses that are trying to find workers and could benefit from the policy change, according to a Washington Post review of financial disclosures from state elected officials. |
Charles C. W. Cooke, NRO That's the real lesson to be learned from ProPublica's exposé of the richest Americans' tax information. |
Sens. Saxby Chambliss & Kent Conrad, RCM From lockdowns to layoffs, the COVID-19 pandemic has levied an enormous economic toll for more than a year. As scores of harrowing statistics reveal, COVID's acute impact on American businesses and the workers they employ has been both material and manifest. Federal Reserve economists, for instance, recently found that the pandemic resulted in the permanent closure of roughly 200,000 more businesses than a typical year. Nationwide, the United States is still down 8 million jobs, and our two states of North Dakota and Georgia experienced job losses of 6.5% and 4.6% - as well as a 3.5% and 2.5%... |
Larry Kudlow, New York Sun Several weeks ago I read a wonderful column by my old pal Gerry Baker of the Wall Street Journal. It was titled, "Did Biden Peak on Inauguration Day? Covid confusion, Mideast chaos and the threat of inflation He doesn't have many victories to point |
Paul Krugman, New York Times Is the world finally ready to take on tax havens? |
Alex Hendrie, RCM The Biden administration is pushing a misguided 21 percent global corporate minimum tax on American businesses. At the same time, the administration is pushing for a global agreement amongst foreign countries to set a foreign minimum tax rate of 15 percent. This is a terrible idea that, if successful, will surrender U.S. sovereignty to foreign leaders in Russia, China, Saudi Arabia, and the European Union in order to bind the world into higher taxes and bigger government. |
Market Minder, Fisher Investments Seven nations' handshake is far from a global tax accord. |
Antoine Gara & Margherita Beale, Forbes Nima Ghamsari and his Blend Labs weaned the nation's biggest mortgage lenders off of paper—and just in time to prevent a pandemic meltdown. |
Gregory Svirnovskiy, Vox Democrats, Republicans, and independents overwhelmingly support federal paid leave policies. |
Megan Rose, Examiner May's jobs report shows signs of labor-market acceleration, but it's also clear that people are still sitting on the sidelines. The United States added 559,000 jobs in May, below the 671,000 forecast. This follows the disastrous April jobs report that added 266,000 jobs after economists predicted 1… |
Mike Brown, Expertise An Expertise.com survey revealed how many young Americans rushed to buy life insurance during the pandemic & are now regretting the decision. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Peter Hooper, Deutsche Bank Group |
Richard Moody, Regions Bank |
Richard Moody, Regions Bank |
Liz Ann Sonders, Schwab Peak growth rates for the economy and earnings are likely behind us, setting the economy up for a boom-settle scenario in the second half of the year. |
Anna Bahney, CNN This is the best time to sell a home in 20 years. Inventory is near all-time lows and home prices are at peak levels. Even the most 'ho-hum' homes are getting multiple offers and selling lightening fast. |
Michael Fumento, Am. Institute for Economic Research "The idea is always to lock us down both in terms of population and consumption and woe to anyone or anything that allows more consumption with equal or fewer resources. Don't fall for the safety arguments. The argument is against capitalism and humanity. That's no fish story." ~ Michael Fumento |
Vicki Shabo and Marcia St. Hilaire-Finn, USAT Some politicians have personal histories or notions out of touch with today's wages, costs and lack of public investment. Policy should match reality. |
Karol Markowicz, New York Post Were the masks you bought at your local store important? Now that we're turning the corner of the pandemic, Karol Markowicz writes that it's time to ask some tough questions. |
Jeva Lange, Week The rest of us will be just fine without you |
David Cooper, The Hill Cutting back aid for jobless workers now, while suitable jobs are still not available for many of them, is not just cruel — it is damaging to these states' long-term economic health. |
Cheryl & Dan Todd, GFRadio Our guest today is John Tamny. John is Vice President at FreedomWorks, and Director of its Center for Economic Freedom. He's also editor of RealClearMarkets,... |
Sam Swenson, Motley Fool Get a few key things right and let time do the work. |
Charles Gasparino, New York Post BlackRock CEO Larry Fink is boarding the environmental-activism train for immense profits, as long he's the one creating the ESG (environmental, social and corporate governance) funds that are all … |
Kara Swisher, The New York Times The C.E.O. — and the rest of us — are paying the price. |
Kim Iskyan, American Consequences Even though many CEOs are of less use than a discarded paper bag, their reign of sky-high salaries seems to persist -- until now. |
Brian Riedl, Daily Beast Before hiking taxes on the wealthiest Americans, start by slashing the spending that goes to them. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Dani Rodrik, Project Syndicate The G7 agreement on taxation of global corporations still needs formal approval from a wider set of countries, and there remain many details to be worked out for it to be effective. Nonetheless, it would not be farfetched to describe the deal as historic. |
John Rekenthaler, Morningstar At long last, indexing's detractors have a legitimate complaint. |
Ben Carlson, A Wealth Of Common Sense What if both crashes and recoveries are faster in the future? |
Eric Boehm, Reason But it would triple the IRS budget and give the tax cops a lot more power to make life miserable for individuals and businesses. |
Morgan Housel, Collaborative Fund If expectations grow faster than income you'll never be happy with your money. One of the most important financial skills is getting the goalpost to stop moving. It's also one of the hardest. |
Eyal Shahar, Medium Not a shred of doubt |
Ed Yardeni, Dr. Ed's Blog The current business cycle has been unprecedented. |
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