06/23/2020
Today

The Absurd Suggestion That Day Traders Are Moving Markets

Allison Schrager, CJ

Frustrated sports gamblers may have jumped into the stock market, but it's unlikely that they are responsible for its volatility.

The Behavioral Bias Blinding Investors To a New Bull Market

Ken Fisher, RCM

Legendary 19th century financier JP Morgan said, "A man generally has two good reasons for doing a thing?one that sounds good, and a real one." Pundits cite loads of seemingly smart...

Day Trading, 60/40 and More: Int. with Burton Malkiel

Andrea Riquier, MarketWatch

'I don't think there is anybody who devotes a life to... the stock market who doesn't have something of a gambling instinct'

Market's Wild Mood Swings Can Be Explained By Mr. Spock

Barry Ritholtz, BBView

American Economic Association Turns Toward Wokeness

Benjamin Zycher, RCM

In a recent Statement distributed to the membership of the American Economic Association, the Executive Committee led by AEA President Janet Yellen condemned killings of black people by...

Looking Into 5G Future: Int w/Qualcomm's Cristiano Amon

Rich Karlgaard, Forbes

The global economic stakes around the 5G wireless rollout could not be greater. Forbes editor-at-large and futurist, Rich Karlgaard, talked to Cristiano Amon, the president of 5G global leader, Qualcomm, about revolutionary potential of 5G but also the peril of falling behind in the wireless wars.

With Retirement Dereg, Trump Ad. Gives You More Options

Alex Hendrie, Examiner

The Trump administration recently announced a new deregulation proposal to allow individuals to use their 401(k)s and IRAs to invest in private equity funds. This proposal, released by the Department of Labor, is a huge win for millions of American middle-class families and will provide them with another option to invest and grow their retirement savings.

Chief Executives Need to Do More To Bring C-19 To Its Knees

Vivian Ho, The Hill

America's state and local public health offices are starved for resources.

Amid Lockdowns, Sweden Helpfully Tries Something Different

Walter Block, RCM

The jury is still out on whether their policy was better than ours. But we need different "laboratories" trying different techniques if we are to maximize our chances of quelling this...

Govt's Response to the Virus May Have Reduced Poverty

Jordan Weissmann, Slate

By some measures, livelihoods actually improved when the economy locked down. It's up to Congress to keep them that way.

To Fight Unemployment, Cities & States Hire Directly

David McCabe, New York Times

Some cities and states are looking toward a simple solution to mass unemployment: Hire workers directly.

China Is Stuck In a Vicious Cycle Int/A. Stevenson-Yang

Christoph Gisiger, themarket

Anne Stevenson-Yang, Co-founder and Research Director of J Capital, is skeptical about a rapid recovery of the Chinese economy. She spots serious problems in the labor market and in the real estate sector. She also warns of fraud at the investor?s darlings Alibaba and Tencent.

There's a 'This Time Is Different' Quality to Gov't Waste

Jerry Bowyer, Vident Financial

What C-19 Mean for American Life Expectancy?

Allison Schrager, Manhattan Institute

A Look At Trump's Deregulatory Record

Wayne Crews, Competitive Enterprise Institute

I remembered wondering in 2017 whether the federal government would be larger or smaller after four years of Trump. The debt has now topped $25 trillion and the deficit alone will top $4 trillion, a figure that, incredibly, is higher than all federal outlays as recently as 2015. In the meantime, President Trump can and should use a meataxe on regulation unilaterally.

Residential Construction: A Subdued Turn Toward Normal

Richard Moody, Regions

Is the Fed Creating Tomorrow's Crisis Today?

Jerry Bowyer, Vident Financial

Should Smart Money Be Overweight NY Apartments?

Jerry Bowyer, Vident Financial

Trump's Views on C-19 Treatments Wiser Than You Think

Michael Keane, SSRN

Many academics are advocating for the strict adherence to randomized controlled trials (RCTs) in order to find treatments for CoViD-19. The prevailing orthodoxy

Government Is the Economic Solution In a Post C-19 World

Kishore Mahbubani, MW

Some countries will try to go it alone, but free trade and open economies are the sure path to growth

Outdated Regs Hamper Virus Cure

David Clement & Anthony Bellotti, Washington Examiner

The federal government's approval process for medicines, treatments, and vaccines is broken, and red tape at the Food and Drug Administration is to blame.

Are Investors Way Too Optimistic About Econ. Rebound?

Sergei Klebnikov, Forbes

Investors aren't paying "nearly enough attention to the enormous permanent damage" caused by coronavirus.

Gov't Secrecy Threatens Econ.

James Bovard, American Institute for Economic Research

Don't Let Job Loss Mess With Future Retirement Plans

Christy Bieber, Motley Fool

COVID-19 has caused a record number of jobless claims, led the U.S. into a recession, and left millions of Americans coping with reduced hours. But the effects of the coronavirus aren't hitting everyone equally. Not only are older workers more likely to face health risks as morbidity rates rise with age but they're also experiencing more severe economic consequences because of it.

It Turns Out Massive Corporations Can Move Fast & Fix Things

Clare Duffy, CNN

First came public statements against racism and in support of Black Lives Matter from a wide range of companies. Then came large corporate donations to organizations promoting racial equity.

Creating 'Not for the Faint of Heart' Retirement Portfolios

Joshua Brockman, NYT

Savers who want to build their nest eggs without relying solely on the stock market have other options. The pandemic is testing their skills.

Dem Socialism Looks More Like Venezuela Than Scandinavia

Dinesh D'Souza, NYP

Bottom line: The Left keeps telling us it wants to take us to Stockholm, but its policies point in the direction of Caracas.

The Rebound Is Impressive But We're In A Deep Hole

Caroline Baum, MarketWatch

It's going to take many years of digging to get GDP back to its pre-pandemic level

The Single Best Predictor Of Future Stock Returns

Mark Hulbert, MarketWatch

Percentage of stock U.S. households own determines the market's 10-year return

There's Nothing New On Wall Street

Buttonwood, The Economist

Speculation is as old as the hills, but you can count on some variations

Re-Opening Is Too Little, Too Late For Restaurants

Christian Britschgi, Reason.com

Falling demand and strict social distancing requirements are leaving many restaurants with no path to profitability.

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

The American Press Is Destroying Itself

Matt Taibbi, Matt Taibbi

A flurry of newsroom revolts has transformed the American press

A Strategy That Delivered During Virus Crisis

Amanda Cantrell, Institutional Investor

During the height of the market chaos, trend-following strategies lived up to their billing of outperforming during downturns with some interesting caveats.

US Whiskey Distillers Take A Shot From Tariffs

Hanna Ziady, CNN Business

US whiskey distillers have lost out on nearly $340 million in sales to the European Union over the past two years because of a tit-for-tat trade spat between Washington and Brussels.

Who's Watching? Apple's New iOS Ups Its Privacy Game

Sara Morrison, Vox

The company's new operating systems want you to know and control who's watching you online.

Twilight Of The Bonds

Nicolas Rabener, Enterprising Investor

Fixed-Income Kryptonite

How Long Will The Music Keep Playing?

Vitaliy Katsenelson, Contrarian Edge

Since the Fed is buying, the music is playing, and investors keep dancing (speculating). Greed is back. It seems that this music just keeps on playing. But will it?

Hard Money Is Giving Us Socialism

Scott Sumner, The Money Illusion

Inflation or socialism. It seems we've chosen socialism.
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