03/19/2021
Today Trish Regan, American Consequences Americans should ready themselves for the most severe taxation hike in decades due to all this stimulus spending. |
Emily Stewart, Vox The president's proposed tax plan matches much of what he campaigned on: rolling back tax cuts for the rich. |
Noah Wall, RCM Big government activists are emboldened with Democrats in control of Congress and the White House, as well as many state governments, and they are pushing for restrictions on consumer borrowing through the creation of interest rate caps. These pieces of legislation, similar to a proposal put forth by Senator Bernie Sanders and Rep. Alexandria Ocasio-Cortez in 2019, would place a government-mandated ceiling on interest rates for personal loans -- thereby reducing available credit. Although proponents contend these measures would protect working Americans and minority communities from... |
Eric Kober, City & State New York City's boroughs and the downstate suburbs have long displayed sharp social and economic contrasts. In 2019, the Bronx had a median household income of |
Matt Phillips, New York Times Retail investors see the tiny companies as the next big opportunity after meme stocks and cryptocurrency. But shares are an easy target for fraud. |
Doug McCullough, RCM This week, companies from around the world are virtually participating in the 2021 South by Southwest. Start-up and emerging companies not only want to tell the world about their innovative products, but they want to impress would-be investors who might fund their growth. But there is a new threat to the start-up ecosystem. Recently Senator Amy Klobuchar (D-MN) introduced a bill that would weaponize antitrust law against big companies, thereby creating tremendous disincentives for large companies to acquire other companies, including pre-revenue start-ups and emerging enterprises. The bill... |
Kathryn Vasel, CNN It's been a year since millions of workers set up shop in their homes. |
Allan Sloan, Washington Post This break is a fringe benefit of getting old. |
Robert Powell, MarketWatch The most common victims may surprise you |
Thomas Hogan, American Institute for Econ. Research Last week, President Biden signed legislation that will increase fiscal spending by $1.9 trillion. While often referred to as a "stimulus" bill, it might be better described as "relief" (although in truth, most of the spending is neither for relief nor stimulus). |
Various, USA Today As business leaders, job creators and entrepreneurs who employ and represent tens of millions of American workers across multiple industries, we know firsthand the enormous challenges the country faces in building back from the ongoing public health and economic crises brought about by the COVID-19 pandemic. |
Jeffrey Snider, RealClearMarkets It was a Sunday, but no ordinary end to that particular weekend. There was much to be done before the workweek could begin the following morning. At 5 pm in the Eastern time zone of the US, on March 15, 2020, the Federal Reserve finally issued its statement. The central bank's policymaking body, the Federal Open Market Committee, or FOMC, had decided it couldn't wait any longer and that drastic action needed to happen - even on a late Sunday afternoon. The dry policy statement issued meant very little; the usual boring nonsense about how staff models are looking at inflation and the labor... |
Nicole Gelinas, Manhattan Institute The Covid-19 pandemic last year altered New Yorkers' normal transportation habits on a scale not seen since the subway first opened in 1904â?"ushering in an era of underground mass transitâ?"or since the Triborough Bridge opened in 1936, and the city entered the automobile age.A year into the... |
Richard Moody, Regions Bank |
Adam Phillips, BMO Global Asset Management |
Martin Pring, Pring.com A bubble develops when the price of an asset, such as a stock or commodity, has been advancing for many years. The process culminates with an almost exponential rise that push prices to levels that cannot be sustained by the underlying fundamentals, eventually resulting in exhaustion and the bubble bursting. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
Robert Skidelsky, PS As countries emerge from the COVID-19 pandemic, John Maynard Keynes's emphasis on the need to implement post-crisis economic policies in the right order is highly relevant. But sustainability considerations mean that the distinction between recovery and reform is less clear cut than it seemed in the 1930s. |
Dave Sekera, Morningstar A few undervalued stocks remain, but many have already surged past fair value. |
Gordon G. Chang, Newsweek Xi Jinping cannot be happy that China is increasingly dependent on a nation he has identified as his enemy, the United States. |
Jamie Powell, Financial Times Volkswagen is beating Tesla at its own game. |
John Herrman, The New York Times New firms are raising billions of dollars to buy up popular Amazon listings, minting millionaires along the way. Here's how it works. |
Leah Nylen, Politico A decade ago, a surging Silicon Valley giant was making plans to dominate the internet. Given a chance to stop it, regulators chosen by Barack Obama misread the evidence in front of their eyes. |
Cade Metz, Wired How the shape of deep learning—and the fate of the tech industry—went up for sale in Harrah's Room 731, on the shores of Lake Tahoe. |
Jordan Schachtel, AIER The economic results of America's ongoing experiment with COVID-19 top-down authoritarianism are in, and they provided for the clearest picture to date about the very real, devastating side effects of lockdowns. |
Bryce Covert, New York Times There are better ways to follow the Rev. Dr. Martin Luther King Jr.'s call for a guaranteed income. |
Vivekanand Jayakumar, The Hill There are a few serious headwinds that are likely to pose a threat to the US economy, especially over the medium to long run. |
Will Hild, Washington Times In what has become an increasingly rare occurrence, there appears to be growing bipartisan consensus forming that America's "Big Tech" industry needs regulatory reform. |
Maryalene LaPonsie, U.S. News Here's what you should know about the new tax credit. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Nick Maggiulli, Of Dollars & Data On calling bubbles too often and finding simple solutions to complex problems. |
Jamie Powell, Financial Times Can you get VW shares at a discount by buying Porsche? |
George Selgin, Alt-M Why Ron Paul is partly responsible for the current size of the Fed's balance sheet. |
John Cochrane, The Grumpy Economist Briefly, debt doesn't matter and there are no effective supply constraints. Borrow, spend without limit is the key to prosperity. |
Morgan Housel, Collaborative Fund Some things scale well. Others don't and you better which is which. |
Lucas Ropek, Gizmodo The FBI's annual Internet Crime Report is out and it shows that hackers and other cybercriminals ran wild during 2020, breaking new records and likely costing Americans billions of dollars. |
Eric Boehm, Reason The White House is reportedly considering hiking the corporate income tax to 28 percent and raising individual income taxes on high earners to pay for more federal spending. |
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