03/17/2020
Today

Step Aside For Powell, Pelosi: GOP Can't Do Economic Policy

Paul Krugman, NYT

Republicans, it turns out, can't do economic policy.

Good or Bad, the Fed's Actions Seemed to Spook Investors

Market Minder, Fisher

Sunday's "emergency" action seemingly scared investors.

Somewhere Up There John V. Lindsay Smiles on a Hapless Fed

John Tamny, RCM

What's about to be read will surely trigger all manner of self-identified free market types, but here we go: neither Milton Friedman nor Walter Bagehot were truly for free markets. That they...

The Ruling Class Parasites Witlessly Exacerbating Covid-19

Robert Wright, AIER

No, AIER is not breaking science news. The parasites its scholars have in mind infest the body politic, looking to extract resources from others for little or nothing in return. This organization has long complained about these rent-seekers and rent-extractors for decades and it is not about to stop now.

Some Employers Doing Right Amid Coronavirus, Some Aren't

Michael Hiltzik, LAT

Some employers add sick leave in coronavirus quarantines, but others leave workers hanging

Furman v. Mitchell: Liberal v. Conservative on Covid

Dan Mitchell, International Liberty

I wrote last week about the libertarian response to the coronavirus crisis and made four simple points. Governments should focus on protecting life, liberty, and property. That includes fighting pandemics. A big sprawling federal government will be less capable and competent when responding to a real crisis. International evidence suggests greater government control is not?

Panic Never Beat a Pandemic, and It Will Not Now

Michael Fumento, Issues & Insights

Michael Fumento provides much-needed perspective on the coronavirus hysteria.

A Week In the Stock Market We'll Never Forget

Joseph Calhoun, Alhambra Investments

Last week was one of the worst weeks in the history of the US stock market. Thursday's plunge was the worst one-day loss other than the crash of 1987. Friday's recovery was stunning as well but big?

How You Will Know When a Buying Opportunity Is Here

Mark Hulbert, MarketWatch

Four key ratios show valuation picture is a lot better than it was a month ago

Markets at Real Risk of Being Closed: Int. w/Jim Bianco

Christoph Gisiger, themarket

To contain the economic and financial ramifications of the coronavirus pandemic, Central Banks are going all in. Jim Bianco, founder and chief strategist of Bianco Research, warns that this time, monetary policy might be unable to stop financial markets from collapsing.

Main Reasons Why Now's a Good Time to Buy

Eric Nelson, Servo Wealth Management

Stock prices have fallen noticeably in the last six weeks as fears around the short-term economic impact of the Coronavirus continues to grow. You're probably thinking they'll go much lower. But could now be a great time to buy?

Forget 2008, This Selloff Is Like 2001 All Over Again

Paul R. La Monica, CNNMoney

The market is plunging and there seems to be no end in sight to the financial damage. But this seems more iike the aftermath of 9/11 than the Great Recession. That's both good and bad.

Fed May Use Dsct. Rate More Aggressively

Steve Englander, Standard Chartered Bank

The Economic Policy Response to Covid-19

Jay Shambaugh, Brookings Institution

The Hamilton Project seeks to advance America's promise of opportunity, prosperity, and growth.

Those Who Sell Now May Regret It

Brian Wesbury & Robert Stein, First Trust Advisors

Federal Reserve Cuts 100 Basis Points

Steven Englander, Standard Chartered Bank

The Federal Reserve Goes All In with Cuts

Matthew Luzzetti, Deutsche Bank Group

The Market's Value Is Still In Question After the Crash

Pat O'Hare, Briefing.com

Where Bear? There Bear!

Brad McMillan, Commonwealth Financial Network

What Happens When You Panic,Sell 401(k) Investments

Catherine Brock, Motley Fool

Philosopher Daniel Dennett said, "As every scuba diver knows, panic is your worst enemy: When it hits, your mind starts to thrash, and you are likely to do something really stupid and self-destructive." His conclusion is not exclusive to scuba diving – and is particularly relevant in the current stock market environment.

The Unintended Consequences of Paid Sick Leave

Dan Mitchell, International Liberty

Back in 2008, the soon-to-be Chief of Staff for President Obama infamously stated that, "You never want a serious crisis to go to waste." Sure enough, the Obama Administration - elected in the aftermath of the financial crisis - quickly rammed through a so-called stimulus, followed by Obamacare and Dodd-Frank. Now it's happening again. Politicians?

Buffett's Latest Advice Could Help You Retire Richer

Mitch Tuchman, MarketWatch

Even the Oracle is bad at some things â?Â" and he knows it

Covid Story Not Free Market One

Richard Ebeling, American Institute for Economic Research

To Put Floor Under Shrinking Economy, Pre-pay Tax Refunds

Paul Kupiec, The Hill

Americans should receive advance refunds to assist the current situation.

President Trump Is Right: Suspend Payroll Tax

Cesar Conda, Washington Examiner

With the stock market reeling, supply chains disrupted, and consumers engaging in "social distancing" because of the coronavirus outbreak, the economy will slow significantly in the coming months.

Opportunity Zones: Not As Bad or Lucrative As Some Say

Richard Bradley, Worth

They're not as inevitably lucrativeâ?"nor as evilâ?"as people think. And with some changes, they can be a win-win for everyone.

Last Picture Show? Moviegoers Cautiously Take A Seat

Dave Itzkoff, New York Times

Whether out of habit or to get out of the house, patrons around the country found they had little company in theaters. But for some, that was the whole point.

Time to Buy, Says GMO

Christine Idzelis, Institutional Investor

Jeremy Grantham's army is "excited about equity."

Something Weird Is Happening on Wall Street

Neil Irwin, The New York Times

A sinking feeling reminiscent of the global financial crisis, when all kinds of obscure markets went haywire.

The Bond Bubble Debate Is Over

John Rekenthaler, Morningstar

Going where no Treasury notes have gone before.

Looming Recession's Cause Doesn't Change the Response

Matthew Yglesias, Vox

All unhappy economies are unhappy in their own way. That doesn't change the solution.

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

Two Things We Know With High Confidence

Morgan Housel, Collaborative Fund

Unknowns exceed knowns even in the best of times. These are not the best of times.

Investing in the Time of Corona

Mebane Faber, Meb Faber Research

Don't just do something, stand there.

Unprecedented Volatility May Mean Higher Stocks

Jason Goepfert, SentimenTrader

A week of records

Not Your Usual Economic Crisis

Veronique de Rugy, National Review

It is lazy to dredge up standard textbook solutions that are inapplicable to a completely different problem.

Dealmaking in a Pandemic

Julie Segal, Institutional Investor

Private equity firms have loads of cash to put to work, but uncertainty, travel restrictions, and working at home are crimping transactions.

9 Dividends That Should Survive The Coronavirus

Jon C. Ogg, 24/7 Wall St.

These dividends are about as safe as you can find.

No Time For A Victory Lap

Macromon, Global Macro Monitor

President Trump shouldn't be taking any victory laps for Friday's rally.
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