10/05/2020
Today Lee Ohanian, The Hill This development creates enormous uncertainty on many fronts, some of which we have not seen before in modern times around a major election. |
Market Minder, Fisher Investors would do well to avoid joining in rampant speculation over what President Trump's positive COVID test means. |
Rainer Zitelmann, Washington Examiner Political opinions of any kind can seriously reduce your investment returns. Anti-free market sentiment and nationalism are among the most harmful biases, though they are by no means the only ones. |
Neil Irwin, New York Times Signs of a slower, grinding recovery sure look familiar. |
Alan Cohen, MarketWatch The decline in average wages this year will reduce your Social Security benefits for the rest of your life unless Congress acts |
Andrew Wilford, RealClearMarkets Just a couple weeks ago, the Congressional Budget Office released data showing that the country's long-term fiscal situation is dire. In large part due to unexpected spending increases owing to the crisis brought on by the novel coronavirus, the United States’s debt is now on track to exceed its gross domestic product (GDP) by next year — essentially meaning that we will owe more than we produce in a single year. Just thirty years from now, the country’s debt is projected to be nearly double its GDP. By any metric, that’s a bad fiscal situation to be in and... |
John Tamny, Forbes People don?t work or save for future slips of paper; rather they work and save for what the paper will buy in the future. |
Ryan Cooper, The Week Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons. |
Michael Fumento, AIER Polled opposition to receiving a Covid-19 vaccine in the U.S. and other countries is amazingly high given that no such vaccine even exists yet, nor has one been designated. Only a small part of this can be attributed to any “traditional” vaccine opposition, which was always a small if vocal minority. Part can be attributed to correct thinking that hastily-developed vaccines, such as the rushed “swine flu” shot in 1976 are simply a bad idea. Notwithstanding that the basic process of developing and growing flu vaccines goes back many decades, that... |
Ethan Harp, CNN Opening a restaurant in America's most expensive city is daunting at any time. But doing so during the coronavirus crisis is forcing nascent New York City restaurateurs to cook up survival strategies before they even take their first orders. |
Bruno Maçães, City Journal How Bitcoin, Ethereum, and other technologies could point the way to new systems of governance |
William English, RCM When asked why he robbed banks, Willie Sutton famously replied, “Because that’s where the money is.” Social change activists tend to view corporations the same way. While it’s commonplace for activists to call on corporations to support social movements, economists have generally cautioned that this is a mistake. We’re all better off if companies stick to what they do best, namely producing a good or service in a profitable manner. According to Milton Friedman’s classic formulation, corporations shouldn't spend money on favored social causes, as that money... |
Richard Moody, Regions Bank |
Ryan Detrick, LPL Financial Research Market Blog "October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and Februa? |
Jeffrey Kleintop, Charles Schwab The biggest political risk facing investors may be the potential for politicians to implement national lockdowns in response to a rise in new COVID-19 cases that could lead to renewed recession and a new bear market for stocks. |
Brian Riedl, Manhattan Institute |
Carrie Schwab-Pomerantz, Charles Schwab Whether you purchase long-term care insurance or not, you need to have a long-term care plan, says Carrie Schwab-Pomerantz. Here's why. |
Deirdre McCloskey, American Institute for Economic Research It seems America is always seen in decline but it wasn't true in 1990 and it probably isn't true today. |
Charles Marohn, CNN As America seeks to return to a growth economy after the recession, there will very likely be calls for aggressive investments in roads, bridges, and other transportation infrastructure as a way to quickly create jobs and spur economic growth. |
Otmar Issing, Project Syndicate The US Federal Reserve's long-awaited new monetary-policy strategy should probably not serve as a global benchmark. Other central banks should think long and hard before they consider emulating the Fed, for four technical and political reasons. |
John Rekenthaler, Morningstar How to invest when yields on high-quality bonds disappear? |
Neil Irwin, The New York Times At this rate, it will take 17 months for employment to return to full health. |
Claire Jones, FT Alphaville At a passing glance, it appears that on both sides of the Atlantic the labour market is, if not exactly thriving, doing far better than we might have expected. But that doesn't tell the whole story. |
Brett Arends, MW Avoid reacting emotionally to the day-to-day coverage |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Ben Carlson, A Wealth Of Common Sense The US is facing an historic housing shortage. |
John Rothchild, Fast Company Michigan is selecting its redistricting officials by lottery, a technique used in Athens 2,500 years ago but rarely seen since. |
Martin Wolf, Pro Market Milton Friedman believed that corporations have a social responsibility to play within the rules of the game. But corporations aren’t just players of the game, they are the ones setting the rules—bad ones. |
Ben Hunt, Epsilon Theory One day we will recognize the defining Zeitgeist of the post-GFC Obama/Trump years for what it is: an unparalleled transfer of wealth to the managerial class. Not founders. Not entrepreneurs. Not visionaries. |
Ironman, Political Calculations The economy expanded in the 3rd quarter and so did dividend payouts. |
Thomas Mayer, Enterprising Investor Uncertainty cannot be transformed into calculable risks. |
Morgan Housel, Collaborative Fund Why people keep making the same mistakes. |
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