08/20/2020
Today Jeff Kauflin, Forbes Members of this online enclave are partying, quite literally, like it?s 1999â?Â"the infamously frothy day-trading year before the dot-com bubble burst in March 2000. |
Nicole Gelinas, New York Post It's one thing to opine that the rich must pay their "fair share," as Mayor Bill de Blasio ineffectually nattered on about for years. It's another thing to say that New York doesn't need â?" or want â?" them. |
Jason Pye, Examiner Speaker Nancy Pelosi is cutting the House's vacation short with the aim of returning to Washington to address the manufactured crisis du jour: the politicization of the U.S. Postal Service. |
Eric Nelson, Servo Wealth Management This is one of the greatest opportunities of your investing lifetime to ensure you have the right portfolio with appropriate amounts of value stocks. Growth has outperformed for a number of years, but a value resurgence is likely. |
Greg Bensinger, New York Times Both are threatening to pull out of California this week over a law requiring them to treat their workers as full-fledged employees. |
Christos Makridis, RCM A California judge recently ordered “Uber and Lyft to reclassify their workers from independent contractors to employees with benefits.” While proponents of the new reclassification argue that it will help drivers, they fail to see the unintended consequences this policy will have for drivers and society at large. The reclassification will drive up Uber and Lyft costs. If applied across the board, it would potentially push them to the brink of insolvency, but for now Uber and Lyft are planning on exiting the California market if the ruling is not changed. Either way, the... |
Jon Hartley, NRO Allowing retail investors to have access to private-equity funds will improve economic mobility. |
Alex Trembath & Zeke Hausfather, Slate Sometimes the features of a wind-and-solar system turn out to be bugs. |
Sanjiv Das, MarketWatch Decline in mortgage forbearance applications is a positive sign |
P.J. O'Rourke, American Consequences Now I’ll tell you what you’re thanking me for… I just read Joe Biden’s presidential campaign platform so you don’t have to. If you’re thinking, “Thanks anyway, but I’ll read it for myself,” think again… |
Editors, USA Today For the estimated 30 million out-of-work Americans struggling to make ends meet during a virus-fueled economic collapse, Friday will mark four weeks of living on little more than a few hundred dollars a week in state unemployment compensation. That average income of $370 per week falls shamefully short of what the jobless need to survive, and it's why Congress and President Donald Trump agreed in March to add $600 a week in federal benefits. |
Ed Kilgore, New York Magazine A new "skinny" Senate Republican stimulus proposal designed to appeal to fiscal hawks lowers its price tag by omitting a second installment of the wildly popular direct stimulus checks, which has looked to be the one certain element of any deal. |
Jerry Bowyer, Vident Financial |
Richard Moody, Regions Bank |
Bernard Sharfman, The FinReg Blog |
Jeffrey Buchbinder & Ryan Detrick, LPL Financial |
Richard Moody, Regions Bank |
Jerry Bowyer, Vident Financial |
Beth Akers, Manhattan Institute |
Ivan Eland, Independent Institute President Trump, in his frenzy to blame China for almost everything to get re-elected, unilaterally issued an executive order, without due process, to ban from the United States for security reasons in 45 days, TikTok, a Chinese-owned app used by primarily young people to transmit funny dance videos. (Trump also banned a popular Chinese messaging app WeChat.) |
Tim Wu, The New York Times Critics say we shouldn't abandon the ideal of an open internet. But there is such a thing as being a sucker. |
Alfred Chuang, CNN My dream as a child growing up in Hong Kong was to study in America, but my initial F1 student visa was rejected. The immigration officer asked me a trick question: Would I stay in the US and get practice experience after my studies? I said yes. |
Adam Brandon, Fox Business The Democratic Party is moving further and further left. |
Corey Rosen, The Hill This lack of access to wealth is economically, socially, and psychologically devastating. Wealth means options; wealth means security; wealth means we can plan for the future. With wealth, we can send our kids to college, take a chance on a new job or starting a business, handle an emergency, and much more. |
Bruce Yandle, Washington Examiner Last Friday's Census Bureau report on July retail sales for the nation brought a welcome dose of good news, but it also underlined some concerns for the future. |
Jessica Menton, USA Today Stephanie Schill, a married mother of two, was worried about her retirement savings when the coronavirus pandemic pummeled the global economy in the spring. Schill, a marketing manager for a dental company in Johnsburg, Illinois, said the firm cut her salary by a quarter and eliminated her 401(k) match to conserve cash and reduce layoffs. |
Peter Morici, MarketWatch |
Peter Lipsett, The Examiner Are we giving more, or are we giving up? |
Ben Smith, The New York Times The streaming services are in charge, and bringing a ruthless new culture with them. |
Ethan Wolff-Mann, Yahoo Finance The best 100 days of the stock market ever just happened. That illustrates one of the most important lessons in finance in terms more clear than ever before. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Nupur Balain, MStar Several funds see value in basic materials and communication services |
Mike Sauter, 24/7 Wall St. A dollar buys more in poor states. |
Staff, BBC News Images of crowds at a waterpark festival show how far the city has moved on from its January lockdown. |
Neil Howe, Hedgeye Is the pandemic turning millennials into socialists? |
Gad Saad, Psychology Today All cultures are not equal. |
Tyler Cowen, MR Farmers are streaming their work on line and making more than they do from actual farming. |
Richard A. Epstein, Reason.com The progressive agenda assumes that no amount of taking will ever lead to less earning. |
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