07/01/2020
Today Jeffrey Ball, Texas Monthly ne morning in mid-April, Scott Sheffield, the chief executive of Pioneer Natural Resources, one of the largest oil producers in America, seated himself in the wood-paneled boardroom of his company’s headquarters in Irving, gazed into his computer’s camera, and begged a trio of Texas politicians for a lifeline. Over the past two months, oil prices had tanked 60 percent, effectively ending a years-long Texas boom and heralding what many in the industry were calling “the mother of all busts.” As an estimated 30,000 viewers around the world watched online, Sheffield... |
Peter Earle, AIER Over the last week, many governors have reinstituted coronavirus policy implementations which had been in various phases of cessation. Why? This is because of an alleged “spike” in new COVID-19 infections. Other states have abbreviated their phased lifting of lockdowns. This is despite the fact that current US deaths from COVID-19 are now 90% off their peak. |
Shannon Palus, Slate Obviously, scientists should keep an eye on a new virus pigs are transmitted to humans. But it's not a real cause for concern (yet). |
Steve Forbes, What's Ahead Gold's best moments rarely occur in concert with stocks. |
Tim Wu, New York Times Mergers and buyouts work, but they can exacerbate economic inequality. Here are some different strategies. |
Tim Worstall, Washington Examiner To the extent that anyone believes "Sleepy Joe" is concocting policy for his campaign, someone needs to wake him up. Whoever it is that is actually making the policy proposals has put themselves into a difficult corner, one that will wreak havoc on the economy. |
Jerry Bowyer, Vident Financial |
Lisa Graves, The Hill Nationally, the minimum wage has been stuck at $7.25 an hour since 2009. |
Michael Fumento, Town Hall “A Second Wave of Coronavirus Is Coming.” So warned the Grey Lady recently. As well as many other outlets, adding that we might expect further waves, nay tsunamis, even after that. What, wait! When did the first wave end? |
Jeanne Sahadi, CNN The economic shutdowns and confusing scramble for federal PPP loans and other aid were hard enough for small business owners. |
Una Osili & Patrick Rooney, USA Today This month, Giving USA announced that nearly $450 billion was donated in the United States in 2019, setting a new baseline for philanthropy before the pandemic. Amid the wide-ranging turmoil and devastation from the COVID-19 pandemic and racial and social justice protests, there is a tremendous outpouring of generosity. It has been inspiring to see contributions from people of all backgrounds — celebrities, athletes and citizens at all income levels. Philanthropy alone cannot meet the colossal needs caused by COVID-19 and fully address the urgent calls for racial justice. The... |
Michael Iachini, Charles Schwab It's natural to ask if there's a downside to SRI. |
Wayne Crews, CEI The administration released the Spring 2020 Unified Agenda of Federal Regulatory and Deregulatory Actions. Its purpose is to lay out regulatory priorities of the federal bureaucracy and report on recently completed actions.Under Executive Order 13771, the administration directed agencies to eliminate at least two regulations for every significant one added, and keep net new |
Market Minder, Fisher Investments Analysts have expected dismal Q2 data for months. |
Collin Martin, Charles Schwab For the second half of 2020, we don't expect a repeat of the first. |
Ryan Detrick, LPL Financial Research Market Blog Although the fight against COVID-19 continues to dominate the headlines and our thoughts are with those affected, this is an election year and as we get closer to November it will begin? |
Jeffrey Kleintop, Charles Schwab A second wave of global COVID-19 is getting a lot of media attention, but the appearance of a global second wave of cases is primarily driven by the different timing of first waves across countriesâ?"rather than second waves within countries. |
Igor Norinsky, City Journal Busybodies are one thing; witch-hunters are another. |
Sara Heller & Judd B. Kessler, New York Times There is still time, and it can be done safely. The economic and social payoff is totally worth it. |
Karol Markowicz, New York Post Can Gov. Andrew Cuomo take a break from his televised pretend-victory lap, put his head together with Mayor Bill de Blasio and figure out how to open schools across the state full-time in September? |
Lawrence Reed, FEE A new book set for release today may change the way we view the conservation of nature’s splendors. Titled Green Market Revolution: How Market Environmentalism Can Protect Nature and Save the World, its publishers are the Austrian Economics Center and the British Conservation Alliance, to which I serve as an advisor. Details below, but first a few points. |
Pam Krueger, MarketWatch Investors still must do the work to make sure an adviser acts in their best interest |
Art Carden, American Institute for Economic Research The French economist, statesman, and economic journalist Frederic Bastiat would have turned 218 years old today; unfortunately, he died of tuberculosis in 1850 at the age of 49. Unfortunately, he died young of a disease that afflicts far fewer people now—but he left an enduring intellectual legacy reflected in organizations and fellowships that bear his name and perhaps most notably in the “one lesson” at the root of Henry Hazlitt’s classic Economics in One Lesson. |
Grover Norquist, The Examiner The pandemic hit the United States just as most people were preparing their 2019 tax returns for April 15. To make life a little less complicated, the Treasury Department postponed Tax Day from April 15 to July 15. |
Mark Hulbert, MarketWatch Powerful stock-market leaders ultimately take a fall |
Justin Spittler, RiskHedge Have you ever hesitated to tell the truth because you KNEW it would make someone angry? That was me in early May, when I made a controversial call. |
Coryanne Hicks, U.S. News & World Report |
Emily Brandon, U.S. News & World Report |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Emily VanDerWerff, Vox The sun coming up in the east and setting in the west is real. Thursday is not. |
Daniel Kelley, CNN For farmers to truly survive and thrive, they need the freedom to trade with partners across the globe without prohibitive tariffs and restrictions standing in the way, writes Daniel Kelley, a corn and soybean farmer near Normal, Illinois. |
Brian Doherty, Reason The government is doing what it can to help out Big Money. |
Ben Carlson, A Wealth Of Common Sense A list of my current worries. |
Christine Benz, Morningstar How I learned to stop worrying and believe that these people are actually onto something. |
Helen Lewis, The Bluestocking Progressive values have become a branding tool. |
Yascha Mounk, The Atlantic America needs a reckoning over racism. Punishing people who did not do anything wrong harms that important cause. |
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