10/26/2020
Today

Stock Markets Much Prefer Clarity to Tax Cuts or Hikes

Ken Fisher, RealClearMarkets

Cut, cut, hike! Potential tax changes boggle pundits’ minds as the election nears. President Trump’s supporters say his big promised tax cuts are just what we need for the economy and stock market—while his opponent’s proposed hikes would doom stocks. But, Joe Biden’s backers claim his tax and spending increases would fund an explosive market and economic fiscal surge—that Trump’s cuts insure Covid-catatonic economic stagnation. They all miss history—oodles of it—showing tax changes of all kinds hold scant sway over stocks. Here’s...

Private Equity Firms Fear Joe Biden In White House

Charles Gasparino, New York Post

The prospect of Joe Biden becoming president has large swaths of corporate America scared.

President Trump's Economy Was Never So Great

Steven Rattner, The New York Times

Biden needs to counter the president's positive economic approval ratings with the facts.

Are Black Lives Economically Better or Worse Under Trump?

Charisse Jones, USA

At Thursday night’s final debate between Donald Trump and former vice-president Joe Biden, Trump once again boasted he was the best president for Black Americans since Abraham Lincoln. But has the Trump administration actually made Black lives better?

At Final Debate, Biden Revealed Little Understanding of Econ.

Andy Puzder, Fox

After the presidential debate in Nashville, I'm unsure what Biden spent the whole week studying down there in his basement.

Lockdowns: The New Feudalism

Jeffrey Tucker, American Institute for Economic Research

On February 28, the idea of locking down and smashing economies and human rights the world over was unthinkable to most of us but lustily imagined by intellectuals hoping to conduct a new social/political experiment. On that day, New York Times reporter Donald McNeil released a shocking article: To Take On the Coronavirus, Go Medieval on It. He was serious. Most all governments – with few exceptions like Sweden and the Dakotas in the US – did exactly that. The result has been shocking. I’ve previously called it the new totalitarianism.

Will Robotic Trucks Wind Up As "Sweatshops on Wheels"?

Steve Viscelli, Slate

The future of self-driving trucks is being shaped by today's policy debates on safety, minimum wage, and truckers'â?"not trucks'â?"autonomy.

How to Invest In the S&P Sans Betting Hard on 'FAAMG'

Mark Hulbert, MarketWatch

Equal-weight S&P 500 ETF plays no favorites

As a Retiree, the Ways Your Taxes Could Actually Go Up

William Baldwin, Forbes

You can't assume that your bracket will go down in retirement. It could easily go the other way.

Why Antitrust Case Against GOOG Is a Good Thing

Michael Hiltzik, Los Angeles Times

Suing Google for monopolistic behavior has bipartisan support, but Trump's involvement could ruin the government's case.

DOJ Discovery of Google 'Power' Confirms a Superfluous Suit

John Tamny, Forbes

High valuations ensure a future that in no way resembles the present.

Avoid Horrid Tax Bills, Fix Tax Treatment of Home Work Now

Andrew Wilford, RCM

Since the onset of the pandemic, millions of Americans have switched to working from an office location to working from their own homes. For most of these Americans, this change represented just one more complication in a year that has been nothing if not complicated. But for the roughly 3.5 million Americanswho usually commute across state lines but are now working from home in compliance with public health recommendations, it can carry a substantial tax bite as well. Action from Congress is badly needed to protect taxpayers from the worst state impulses to relentlessly pursue...

Do Bonds Still Provide Investment Diversification?

Kathy Jones, Charles Schwab

Given current low yields, some investors wonder whether bonds can continue to provide diversification in a portfolio. Here's why those fears may be overblown.

This Week Brings the Initial Estimate of Q3 GDP

Richard Moody, Regions Bank

5G Momentum Surprises In a Good Way

Bret Swanson, American Enterprise Institute

Surprisingly successful spectrum policy.

Election Could Bring Sweeping Econ. Changes

Matthew Luzzetti, Deutsche Bank Group

Existing Home Sales Strong, But Not That Strong

Richard Moody, Regions Bank

GDP Soars In 3rd Quarter

Brian Wesbury & Robert Stein, First Trust Advisors

Single Family Residential Remains On a Roll

Richard Moody, Regions Bank

Google Is A Lot Of Things But It Isn't A Monopoly

Art Carden, AIER

Google may have become evil but it isn't a monopoly.

What Bubble In Stocks? Not In Emerging Markets

J.C. Parets, All Star Charts

EM stocks have been consolidating for 13 years.

It's a Fight for Survival for CA Gig Companies

Kate Conger, The New York Times

A group that also includes Lyft and DoorDash has spent nearly $200 million to support a California proposition that could save them from a new labor law.

'Zoom Towns' Are Proliferating In The West

Lilly Smith, Fast Company

And many cities aren't ready for the onslaught.

Living in a Country Where Coronavirus Isn't a Worry

Adam Hopkins, Vice

There hasn't been a locally transmitted case of coronavirus in Taiwan since April. Here's what a post-COVID world might look like.

The Virtues of a Minimalist Portfolio

Christine Benz, Morningstar

Financial blogger and author Jim Dahle, also known as "The White Coat Investor," argues that investors do better when they don't overthink investment selection and asset allocation.

Why Donald Trump Should Be Pulling For Tampa Bay

Mark Hulbert, MarketWatch

'World Series Predictor' says American League favors Republicans, National League favors Democrats â?" if only the record proved it

20 Years Of Home Price Changes In Every US City

Nick Routley, Visual Capitalist

At the turn of the century, the average U.S. home value was $126,000. Today, that figure is at a record high $259,000 – a 106% increase in just two decades.

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

Educating Patriots

Robert Pondiscio, City Journal

In his "farewell" book, E. D. Hirsch, our foremost thinker on American schooling, sets his sights on fixing America itself.

How Trump Lost The Trade War

Jill Disis, CNN Business

US President Donald Trump started a trade war with China to fix what he's repeatedly blasted as an unfair relationship between the world's two largest economies.

How Indie Bookstores Are Weathering The Pandemic

Bryce Covert, Vox

Independent bookstores are doing everything they can to stay in business: selling online, opening for limited hours, and doing virtual events.

Will Avoiding Lattes Make Me Rich?

Annalisa Esposito, Morningstar

Budgeting and thinking about your future self definitely could make you rich.

Suppressing The Hunter Biden Story IS The Scandal

Matt Taibbi, Substack

Unprecedented efforts to squelch information about a New York Post story may prove to be more dangerous corruption than whatever Hunter Biden did with a crooked Ukrainian energy company

The Only 5 Things You Can Invest In

Ben Carlson, A Wealth Of Common Sense

There are really only five things you can invest in and only one of them is money.

We Are All MMTers (Still)

Rusty Guinn, Epsilon Theory

Nobody cares about the deficit.
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