09/10/2021
Today

The Truly Radical Message Of Economics Well-Learned

Donald Boudreaux, AIER

"I've no complaint against economists who craft their public messages in order to avoid a loss of audience. But I do worry that these efforts subtly create in the minds of many such economists unwarranted doubts about the merits of laissez faire." ~ Donald J. Boudreaux

New York City Didn't Rebuild Wisely In 9/11 Aftermath

Nicole Gelinas, City Journal

After 9/11, New York didn't rebuild wisely—and that failure hurts the city in the current crisis.

A Gap Between Investor Perception, and Dividend Reality

Market Minder, Fisher

There is a significant gap between dividends' reality and how many investors envision them.

A Threat to Digital Asset Markets,& Why the Markets Matter

Michelle Bond, RCM

There is a new and complex innovation paradox confounding America's financial regulatory system.Decentralized distributed ledgers and digital assets have disrupted traditional financial services, broadening access to capital and creating new market opportunities and efficiencies. In the same way that the internet transformed many components of our daily lives, these evolving technologies are transforming financial systems to the benefit of mainstream investors, Main Street businesses, and American consumers alike.

Why Hedge Funds Are Turning Bullish On Oil Again

Tsvetana Paraskova, OilPrice

The price correction in August is long forgotten as hedge funds are starting to buy crude futures as they anticipate stronger demand

When It Comes to Signaling Growth, Oil Is Slippery

Jerry Bowyer, Vident Financial

We're looking at a commodity which might be able to help us get a glimpse at what global investors see about the economy, and what experts might be missing.

When Price Is Freely Set, There Are No Shortages

Walter Block, RealClearMarkets

If you ask any student who took a course in introductory microeconomics about a "shortage," well, one who was paying attention, you'll get the same answer: this means that demand is greater than supply. And if the student had any love for this subject, you would not be able to shut him up at this point. Rather, he would wax eloquent about what would happen next: prices would tend to rise, as many buyers fought against each other in a bidding war to get "their share" of the good or service now in short supply. And, as the price rose, there would be less and less of a shortage These lessons...

To Avoid Antitrust, Companies Must Tell Better Stories

Gary Zanfagna, The Hill

Now is the time for businesses to prepare themselves for the new legal landscape.

Made In U.S.A.: A Manufacturing Renaissance

Trish Regan, American Consequences

The pandemic put a stranglehold on America's foreign supply chain – prompting a resurging need for onshore manufacturing.

The Joe Biden SEC Is Ready to Regulate Cryptocurrencies

Sara Morrison, Vox

Coinbase has gotten the government's attention.

Sustained Inflation Would Confirm Econ. Recovery

Jeff Snider, RealClearMarkets

Long before the city would become infamous for reasons of viral civilizational hazard, Wuhan had been unappreciated previously as the near epicenter of another symptom of derangement. This one, however, may over time truly end up as illuminating an even darker and far more lasting contribution to human history than what has, and will, come about from COVID. A project called the Wuhan Greenland Center remains, to this day, unfinished even though the working plans for it had been released publicly on July 4, 2011 - more than a decade ago - with groundbreaking ceremonies already held on December...

The Travel Agent Who Hit It Big During C-19

Izzy Angeli & Virginia Van Zandt, Forbes

While the average travel agent earned $44,690 in 2019, according to the U.S. Bureau of Labor Statistics, David Eisen earned almost 4 times that amount in 2020.

U.S.-China Trade Growth Slows Further

Ironman, Political Calculations

The growth of trade between the U.S. and China flashed warning signs in July 2021.

Dollar Outlook: Can Rally Continue?

Kathy Jones & Christina Shaffer, Charles Schwab

We believe it can, at least in the short term.

Rethinking Safety Net to Encourage Dynamism

Allison Schrager, Manhattan Institute

Many Americans feel as though they can't get ahead: the costs of housing, health care, and education keep rising, while their income has not grown much. Income stagnation has become one of the most pressing policy issues. Regarding the degree to which income has stagnated, we often hear the...

Exploring Alternatives To The US 60/40 Portfolio

James Picerno, Capital Spectator

It's time to move on from the standard 60/40 stock/bond portfolio.

Which States Most Dependent on Federal Aid?

Marko Csokasi, Commodity.com

Can you guess which US state received over $3 billion in federal aid? Here are 15 states with the most federal aid, including per capita data.

Economic Implications of Dr. Copper Shining Brightly

Jerry Bowyer, Videntfunds

Copper price changes are thought to be responsive to the demands of global economic growth. What does the data say for the economic recovery?

Can the U.S. 'Fully Recover'?

Brian Wesbury & Robert Stein, First Trust Advisors

Our Ultimate Stock-Pickers' Top 10 Buys and Sells

Eric Compton, Morningstar

Funds see value in a diverse range of sectors.

The Economics Of Climate Policy

John H. Cochrane, National Review

Without numbers, we will follow fashion.

A Fact Today X A Story About Tomorrow

Morgan Housel, Collaborative Fund

Every forecast takes a number from today and multiplies it by a story about tomorrow.

How 9/11 Convinced Americans To Buy, Buy, Buy

Emily Stewart, Vox

Consumer patriotism is the American way.

Why America Must Go Big on Infrastructure

Laura Tyson & Lenny Mendonca, PS

Although the US economy has enjoyed a strong recovery from the pandemic-induced recession, its prospects for more robust, sustainable, and equitable long-term growth remain tenuous. Much will depend on whether Congress can muster the will to invest massively in physical and social infrastructure.

How Covid Is Making Retirement Inequality Worse

Brett Arends, MarketWatch

At least 1.7 million extra older workers have retired early as a result of the pandemic, research finds

Here Comes the Autumn of Anxiety

Paul Krugman, New York Times

The pandemic hasn't ended; the rescue programs have.

Biden's Total Financial Surveillance

Matt Welch, Reason

What if every one of your noncash financial transactions was automatically reported to a beefed-up, audit-hungry IRS?

In Silicon Valley, Criminal Prosecutors See No Evil

David Streitfeld, NY Times

The Elizabeth Holmes fraud trial is set to be a major spectacle, but tech executives generally get a pass when it comes to wrongdoing.

7 Wide Moat Stocks to Buy on a Dip

Susan Dziubinski, Morningstar

These wide-moat, low-uncertainty names may be fairly valued today, but they should be on quality seekers' watchlists.

Six Things I Learned That Just Weren't True

Allan Roth, Advisor Perspectives

I got my MBA at Kellogg nearly four decades ago and have been teaching investing for the last 20 years. Though not much has changed in the curriculum, over time I've realized that some things are downright wrong. Here are the big six.

Why U.S. Housing Prices Aren't as Crazy as You Think

Ben Carlson, AWOCS

The housing market continues to set new records.The S&P CoreLogic Case-Shiller U.S. National Home Price Index just reported its highest one-year gain in history, up nearly 19% through the end

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

Yes, Dow 36,000 Was Very Wrong

Cullen Roche, Pragmatic Capitalism

Ken Rogoff took the WSJ yesterday to explain why the infamous Dow 36,000 prediction wasn't wrong. Sorry Ken, I'm not buying it.

The Incredible Shrinking Fee

Ben Johnson, Morningstar

How low can fund fees go?

COVID and the Economy: Another Winter Wave?

Bill McBride, Calculated Risk

Why we're likely to see another winter wave of COVID cases.

What Really Predicts Happiness?

Nick Maggiulli, Of Dollars And Data

On relationships and optimizing social wealth over financial wealth.

Britney Is Not the Only One Who Needs Freeing

C.J. Ciaramella, Reason

While Spears' case is the most high-profile example of alleged conservator abuse, there are similar stories from all over the country.

The Plan to Stop Every Respiratory Virus at Once

Sarah Zhang, The Atlantic

The benefits of ventilation reach far beyond the coronavirus. What if we stop taking colds and flus for granted, too?

The Two Types Of Investors

Charlie Bilello, Compound Advisors

There are two types of investors: Pundits and Professionals… The Pundit thinks they know everything. The Professional knows that learning is infinite.
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