10/26/2021
Today
Elisabeth Dellinger, Fisher The White House's Office for Management and Budget's logically flawed redefinition of income leads to some headline-drawing conclusions, but it isn't likely to lead to new laws. |
Chuck Collins, The Hill Since the beginning of the pandemic, 745 U.S. billionaires have seen their total wealth increase by $2.1 trillion, a gain of 70 percent. |
Ira Stoll, The New York Sun Joe Biden got himself elected president partly by opposing the billionaires' wealth tax proposed during the primary campaign by Senators Elizabeth Warren and Bernie Sanders. Now, in a reversal, President Biden is preparing to embrace the idea. And it |
Joseph Calhoun, Alhambra The S&P 500 and Dow Jones Industrial stock averages made new all time highs last week as bonds sold off, the 10 year Treasury note yield briefly breaking above 1.7% before a pretty good sized rally Friday brought the yield back to 1.65%. And thus we're right back where we were at the end of |
Ellen Ioanes, Vox Experts agree that high prices and low supplies aren't going away just yet. |
Annelise Riles, New York Times With new appointments, the president has a chance to overhaul the stale culture of central banking. |
John Tamny, RCM Looked at in isolation, and without considering the actual market value of the dollar versus commodities and other currencies, does East St. Louis, IL have a "deflation" problem? There aren't many dollars circulating there relative to Chicago. Does Chicago conversely have an "inflation" problem? More realistically, the presence of a lot or a little of what we call "money" is not something that can be planned, nor is it something that an individual, city, state, or country should ever worry about. The only area of focus should be production. Where's there's production there's always money... |
Seth Levine, Integrating Investor While sad, it's no surprise that investment markets are falling with China's increased economic controls. Centralization produces fragility. |
Bernard Sharfman, Yahoo Investing in environmentally friendly companies will not stop climate change; investment firms market ESG funds because they make the firm more money. |
Richard Rahn, Washington Times Is the U.S. on a road to destruction? |
Kim Iskyan, AC What if we told you the much-maligned practice of offshore banking by one-percenters is not only legal but practical? |
Ryan Cooper, The Week Amazon is a cesspool of shoddy products and deception. Regulate it. |
Richard Moody, Regions Bank |
Lee Bohl, Charles Schwab Find out why you should have a trade plan—and the five elements that may help you put it to work successfully. |
Jerry Bowyer, Vident Financial High inflation doesn't just raise prices; it raises an important question for investors: Which investments historically tend to do relatively well during periods of elevated inflation? |
Marko Csokasi, Commodity.com Learn which states depend most on securities trading. We explain the total share of securities trading as part of state GDP and more. |
Brad McMillan, Commonwealth Both the economy and markets retain substantial momentum, but Commonwealth CIO Brad McMillan says uncertainty remains. |
Liz Ann Sonders, Charles Schwab The age of abundance has given way to an age of scarcity, while the pro-cyclical version of inflation may have given way to the counter-cyclical version. |
Steven Vannelli, Knowledge Leaders Capital In this quarter's strategy package, we share our analysis on Japan's Reopening Trade. |
Tatiana Walk-Morris, Vox Banks charge customers for not having enough money. It's a tax on the poor. |
David Harsanyi, New York Post The $3.5 trillion bill that Biden and Democrats are now attempting to cram through Congress via reconciliation is meant to create a European-style, cradle-to-grave welfare state. |
Santura Pegram, Foodprocessing Business consultant and member of the AFL-CIO / International Longshoremen's Association Santura Pegram offers this first-person perspective of the supply chain issues affecting US goods right now. |
Bryan Bashur, Hill Opening the door for federal agencies to gain leverage to intervene in private contracts is distortive and may end up promoting discrimination instead of ending it. |
Jeff Sommer, New York Times As the prospects for strong government action to curb climate change grow less certain, energy shares, and especially coal mining stocks, are generating astonishing returns. |
Ryan Bourne, Cato The Democrats' "Build Back Better" proposals for childcare represent a disastrous step in the ongoing government takeover of the sector - raising care costs, creating dependence, and instilling incentives against work and earning more income along the way. |
Michael Cohen, MSNBC.com Republicans used to boast about being the party of ideas, but all they do now is oppose and criticize Democrats. |
Jennifer Wang, Forbes A former single mother and options trader, Jenny Just built a multi-billion dollar business that provides the trading and technology behind popular mobile trading platforms, robo-advisors, and online banks. |
Mohamed A. El-Erian, Project Syndicate As price increases accelerate, policymakers at leading central banks are slowly starting to move away from the narrative of "transitory" inflation that has already cost them the policy initiative. But the needed pivot is far from complete and not nearly quick enough, particularly at the US Federal Reserve. |
Peter S. Goodman, New York Times Confession: We didn't even have a logistics beat before the pandemic. Now we do. Here's what we've learned about the global supply chain disruption. |
Matt Egan, CNN President Joe Biden's vaccine order will force employers to lay off thousands of workers, making the supply-chain crisis much worse, a major business group warned the White House this week. |
Benjamin Juhlin, AIER "Were the world to experience a new economic downturn, there is a great possibility that this lack of consumer use will show the current valuation of Bitcoin to have been a bubble. If this happens, a lot of retail investors will suffer." |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Neal Freyman, Morning Brew Flexport CEO's tweetstorm leads to policy change that could help alleviate port backlog |
Milton Ezrati, City Journal Mounting problems with inflation, the supply chain, and energy shortages are not likely to resolve themselves quickly. |
Robert J. Shiller, Project Syndicate Even at currently elevated US home-price levels, buying still makes sense for those who are set on ownership. But buyers need to be sure that they can accept what could be a rather bumpy and disappointing long-term path for home values. |
Russell Brandom, The Verge It's a mess in there |
Scott Grannis, Calafia Beach Pundit It looks like the bond market is beginning to wake up to the reality of higher inflation. |
Jamie Catherwood, Investor Amnesia The Panic of 1866 is a familiar story of historic financial institutions discarding their conservative principles for higher-yielding and riskier ventures. |
Ben Carlson, A Wealth Of Common Sense If inflation is higher going forward than it had been in the recent past it's not automatically a death sentence for the stock market. |
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