03/12/2020
Today Peter Earle, AIER What is the story of the coronavirus, the market crash, and the economic upheaval that will likely follow? The pundit and intellectual classes are hard at work to tell the story in a way that confirms their ideological biases. Their message: in times when everyone turned against the public sector, with budget and staffing cuts, we learned that only the government can save us from a worse calamity. Let this be a lesson unto us all! Or maybe not. |
Andy Puzder, Fox Showing strong and effective leadership when we need it most, President Trump addressed the nation Wednesday night and unveiled a two-pronged program of health and economic actions to deal with the coronavirus pandemic. |
Michael Hiltzik, Los Angeles Times A payroll tax cut was a bad idea in President Obama's time, and even worse now. |
John Tamny, RCM "Capitals are increased by parsimony, and diminished by prodigality and misconduct." - Adam Smith, The Wealth of Nations, p. 367 "Raising money is hard. Over my career of... |
Paul Davidson, Nathan Bomey & Jessica Menton, USA Today A plunging stock market. The widening shadow of recession. Fed interest rate cuts and government stimulus. It's beginning to feel a lot like 2008 again. And not in a good way. For many Americans, the stomach-churning market drops and growing recession talk of the past few weeks – triggered by the global spread of the coronavirus – are reviving memories of the 2008 financial crisis and Great Recession. |
Market Minder, Fisher Investments As the Dow Jones Industrial Average enters bear market territory?and the S&P 500 flirts with it?it is worth remembering the name given to a pullback doesn't determine returns from here. |
Richard Bradley, Worth Spitznagel's done it before. Can he do it now? |
Michael Cannivet, Forbes Black swan events are challenging, because they seem to come out of nowhere. But even in a volatile climate like now, correctly diagnosing where the overall trend is going is paramount. |
Matt Phillips, New York Times The Dow Jones industrial average closed down more than 20 percent from its high last month, ending a bull market that ran for more than a decade. |
Matt Whittaker, U.S. News |
Harold Furchtgott-Roth & Kirk Arner, RealClearMarkets Fishermen often tell tales about "the one that got away." In these stories, a fisherman hooks an enormous fish that, after an extended struggle, ultimately manages to escape... |
James Rogers, Law & Liberty The title of Vivian Gornick’s 2020 re-release of her 1977 book, The Romance of American Communism, isn’t quite right. It would be better titled as “The Romance of the American Communist Party.” To be sure, ideology and the Party overlap, significantly. But it is with the Party in particular that the romances described in the book are had—and with which they end. These romances mostly end bitterly, with the destruction of the Party’s living spirit in 1956. It died on February 25, 1956 to be exact, when Khrushchev delivered his... |
William Poole, Merk Investments |
Francesca Ortegren, Clever |
Brian Wesbury & Robert Stein, First Trust Advisors |
Various, InMyArea.com Just under 20 million residents of the United States are veterans of America's armed forces, and while ... |
Cooper Howard, Schwab Decisions made during the island's restructuring process could have an impact on credit protections for some types of municipal bonds. |
Kathy Jones, Schwab Historically, there has been no better hedge against an equity market decline than long-term Treasury bonds. |
Karen Andersen, Morningstar The hit to 2020 should be significant, but we see minimal long-term economic impact, and the treatment pipeline is progressing. |
Tyler Cowen, MR What is the proper fiscal response to the virus? I'm not sure and here's why... |
willem h buiter 1 & Willem Buiter, Project Syndicate The COVID-19 outbreak's implications for the global economy are highly uncertain but potentially disastrous. To understand the risks, one should remember Adam Smith's insight about the true engine of wealth creation, the division of labor, which itself is dependent on the size and extent of markets. |
Jeremy Siegel & Mark Zandi, Knowledge@Wharton What lies ahead for global markets? Jeremy Siegel and Mark Zandi provide insights. |
Vitaliy Katsenelson, Contrarian Edge What should you do when assets get cheap? |
Irina Slav, OilPrice.com Hedge funds axed their long positions in crude last week, fearing a long standoff between Saudi Arabia and Russia |
Howard Gold, MarketWatch Joe Biden's looming victory over Bernie Sanders removes political threat of Medicare for All |
Michael Tanner, National Review If billionaires lose a few billions, it doesn't necessarily make anyone else richer. |
John Huber , MarketWatch Every panic of the past â?" even 'mini-panics' such as those in 1998, 2011 and 2018 â?" fades away, which is an important lesson for investors |
Julia Horowitz, CNNMoney The coronavirus outbreak has triggered extreme fear in financial markets as investors face up to an unsettling reality: The pandemic, unprecedented in modern times, could tip the world into a short, sharp recession. |
Zachary Karabell, Time Monday's stock market crash over coronavirus fears isn't irrational. It is a moment to panic, but just don't act on it. |
Garvin Jabusch, Worth An epidemiological and health crisis can quickly become a financial crisis, even where there was not an existing financial crisis 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 |
David Merkel, The Aleph Blog The coronavirus, no matter how ugly it gets, is transitory. |
Charu Kasturi, Ozy Russia and Saudi Arabia might appear to be the main protagonists of the oil price war that has bloodied markets this week. In reality, the battleground is America. |
Douglas A. McIntyre, 24/7 Wall St. A quick spread of the coronavirus could send workers home for long periods. |
Ben Carlson, A Wealth Of Common Sense A short history of recessions and bear markets. |
Jeff Hirsch, Almanac Trader We've seen declines like this before. |
Terry W. Hartle, The Christian Science Monitor "Citizen Reporters" tells of tenacious journalist Tarbell, and the eccentric editor S.S. McClure, who gave McClure's magazine its clout. |
Morgan Housel, Collaborative Fund Not all decline is the same. |
|
|
|
|
