07/07/2021
Today Donald Boudreaux, AIER "You'll be part of a huge peaceful legion of people whose cooperation and peaceful competition within markets and civil society will change the world for the better, a little bit each and every day, and yet in ways that no one today can possibly foresee. Remember, open-endedness and... |
Paul Krugman, New York Times And the president deserves a lot of the credit. |
Joe Calhoun, Alhambra Investments Six months ago, the US was still reporting 226K new cases of COVID a day, a rate that would peak in the first half of January at over 300k. Daily deaths also peaked in those first two weeks of the new year at over 4000. The economy was still struggling to recover, most restaurants surviving |
Cameron Arcand, Washington Examiner Teenagers have been preoccupied lately with wrapping up Zoom classes, getting prepared for in-person college, and listening to Olivia Rodrigo's new album. But amid the nationwide labor shortage, they should be doing something else as well: applying for summer jobs. |
Benjamin Zycher, RCM Energy Secretary Jennifer Granholm late last month "suggested it is possible climate change led to the partial condominium collapse in Miami, FL," adding that "we don't know fully" if it did or not, "but we do know that the seas are rising." Yes, the seas are rising, as they have been for many centuries; the issue is whether that had anything to do with the building collapse. Some simple arithmetic is useful in this context: Sea levels have been rising by about 3.3 millimeters per year since the satellite altimeter measurement record began in 1992. |
Eli Rosenberg, The Washington Post Workers are suddenly feeling happiness and angst; frustration and relief. Sometimes all at once. |
Tim Mazanec, U.S. News Stay invested to achieve top returns. |
Jazmin Goodwin, CNN Running your own business can come with many perks, like setting your own work schedule and the potential to increase your income. But without the benefits typically offered by large employers, saving up for retirement is often solely up to you. |
Market Minder, Fisher In a rather odd intro to Independence Day, the US and 129 other countries reached a broad agreement on a global minimum tax rate last Thursday, supposedly a big step toward a huge overhaul of the world's tax system. We have seen a lot of chatter in the days since, and if our inbox is any indication, this is a hot topic among you, dear readers. So here is your handy dandy guide to where things stand and what is really at stake for global Tech companies. |
Eric Peters, The American Spectator The Yugo was funny, memorable. I miss that. And cars like that. We had fun back then, even if we sometimes got stuck by the side of the road. |
Joe Walsh & Nicholas Reimann, Forbes If contending with a lethal pandemic wasn't enough, more Americans in the past year embraced wide-ranging risky behavior—from drug and alcohol abuse, to gun violence, to terrible eating. |
Wayne Crews & Ryan Young, The Hill Biden should work with reform-minded members of Congress from both parties on a deregulatory stimulus to help the current recovery and increase resilience against future crises. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
Collin Martin, Charles Schwab They can be a buffer against long-term inflation, but TIPS investing isn't always straightforward. Here are answers to frequently asked questions. |
Liz Ann Sonders, Schwab Inflationary bottleneck pressures tied to the economic reopening are fading; and as suggested by the bond market and wages, a return to hyperinflation is unlikely. |
Various, Self Cities in the U.S. with the largest minority wage gap |
Wayne Crews, Competitive Enterprise Institute |
Rani Molla, Vox These workers will have major effects on cities and the areas outside them. |
Gabriela Miranda, USAT In Iceland, researchers found that a four-day work week, without a pay cut, increased workers well-being and productivity. |
Bruce Thompson, Examiner President Joe Biden has proposed trillions of dollars of tax increases on businesses, including raising the corporate tax rate from 21% to 28%. The president claims his new taxes will not touch anyone earning less than $400,000. |
Julia Coronado, New York Times Friday's jobs report, and a slew of other data, shows going big and going early works. |
Roger Cochetti, Hill Cryptocurrencies could challenge the U.S. dollar as the world's dominant reserve and trading currency. |
Clare Duffy, CNN Amazon founder Jeff Bezos on Monday will hand over his chief executive title to Andy Jassy, ending a more than two-decade run leading the company through its evolution from online bookseller to $1.75 trillion global retail, logistics and internet behemoth. |
Dave Seminara, City Journal Socialists are winning low-turnout elections in non-radical cities. Moderate Democrats should fight back. |
Ninos Malek, AIER "We have no right to post our opinions on another's private property. The only real monopoly is the government itself or a business given a special privilege by the government. Government is the only entity that can legally use force and it is Big Government that is the real threat to liberty." ~ |
Nouriel Roubini, Project Syndicate Years of ultra-loose fiscal and monetary policies have put the global economy on track for a slow-motion train wreck in the coming years. When the crash comes, the stagflation of the 1970s will be combined with the spiraling debt crises of the post-2008 era, leaving major central banks in an impossible position. |
Katherine Lynch, Morningstar Bond markets recover and stocks post broad gains. |
Jeff Sommer, NYT Consumers, economists and bond traders often attempt to forecast inflation, but we really are walking in the dark. |
Safal Niveshak, Safal Niveshak His best investment broke all the rules he laid out in The Intelligent Investor. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Morgan Housel, Collaborative Fund Barry Ritholtz asked people for their top 10 money rules last week. Here are mine. |
Christopher F. Rufo, City Journal The defense contractor's "anti-racism" program tells employees to acknowledge their "privilege." |
Jack Forehand, Validea The magic of rebalancing. |
Casey Carlisle, UncleNap Economic prosperity is the greatest threat to disease and despair; it's what enables people to thrive rather than live hand to mouth, further facilitating the mitigation or avoidance of unhealthy circumstances. The greater the economic prosperity, the better for humanity; therefore, anything that inhibits economic prosperity is an enemy of human longevity. |
Mohamed A. El-Erian, Project Syndicate As the global economy emerges from the COVID-19 shock, systemically important central banks are faced with the unenviable task of deciding when and how quickly to phase out extraordinary stimulus measures. While there is no easy answer, there are clear criteria for maintaining policy credibility. |
Jared Marcel Pollen, Quillette Years from now, if anyone looks at a line graph (in the OED or Google dictionary) tracking the frequency with which a word is mentioned in print, they may notice the current affinity for the word "narrative." |
Dylan Matthews, Vox The wishful thinking behind the search for alien life. |
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