10/16/2020
Today

Trump, Biden and the Market Lesson That 10/14 Reveals

Steve Forbes, Fox Business

Wednesday, October 14, could serve as a lesson for President Trump, candidate Biden and current and future policymakers

Trump Efforts to Paint a Socialist Biden Not Working

Jim Tankersley, New York Times

A barrage of attacks trying to link the Democratic nominee to policies like Medicare for All aren't hurting him, polls show, as many of the policies remain popular with most Americans.

If Election Depends On Economy, Results Favor Trump,

Stephen Moore, The Hill

Isn't it about time we gave President Trump credit for an amazing economic rebound?

Extreme Uncertainty, But China Normalcy Gives Us Hope

Joseph Calhoun, Alhambra

This seems an opportune time to review the difference between Strategy and Tactics. Strategy and tactics are how we achieve our goals and objectives. In our specific case, the goals and objectives ?

Trump's Private Briefings Fueled Sell-Off

Kate Kelly & Mark Mazzetti, The New York Times

A hedge fund consultant's summary of private presentations by White House economic advisers fanned investor worries.

Elite Access to White House Covid Views Discredits Mkt.

Analysis Matt Egan, CNN

Accurate information can be incredibly valuable to investors, especially in the midst of a confusing health crisis threatening the American economy. Unfortunately, access to that kind of intel is unequal.

The NYT and Trump's Critics Can't Have It Both Ways

John Tamny, RealClearMarkets

The internet is a long time. More realistically, the internet is forever. This is a worthwhile jumping off point in consideration of the latest whine from the perpetually outraged about the Trump...

Prime Day Competition Strikes a Blow Against Antitrust

Patrick Hedger, Town Hall

Trending Kurt Schlichter Trump’s Momentum Is Back Ann Coulter Ask Ann Anything! ACB Edition Victor Davis Hanson Destroying the Institutions We Inherited Right now, Americans are deciding between red and blue…or orange and black. No, I’m not talking about the election, but rather online holiday shopping and the current sales events being held this week by Target, Walmart, Amazon, and undoubtedly many other retailers. In any given year, there isn’t anything particularly noteworthy to the average American consumer about retailers...

Lockdowners Rely on Insult

Donald Boudreaux, American Institute for Economic Research

ne especially comical feature of the accusation that AIER’s opposition to covid lockdowns springs from a 2018 contribution that AIER received from the Koch Foundation is that Tyler Cowen and the Mercatus Center this past Spring awarded funds to Imperial College modeler Neil Ferguson. The reason for this grant of funds was Tyler’s admiration of the fact that Dr. Ferguson’s model served as the spark for massive lockdowns in the U.K. and the U.S. But here’s the thing: Until last year, Charles Koch served on the board of Mercatus and has been, and continues to be, a...

The Apple 12 Has 5G. But Is It Worth the Upgrade?

Andrew Keshner, MarketWatch

Starting prices for the iPhone 12 range from $699 to $1,099

Art of 'Stimulus' Spending w/Trump, Pelosi

Veronique de Rugy, The American Spectator

Setting the puzzling stimulus package negotiation tactics aside, this carelessness about American taxpayers' money is shameful.

Bond Yields Are Really Quite Easy to Understand

Jeffrey Snider, RealClearMarkets

Marvin Goodfriend was nominated by President Trump to a seat on the Federal Reserve’s Board of Governors in November 2017. Within months, the Senate’s Banking Committee held hearings that were devastating to his nomination. And though that committee would formally approve and forward it to the full Senate, it did so on a razor-thin 13 to 12 vote which left the former professor and Federal Reserve Economist no margin to overcome what had been uncovered during those examinations. Senator Elizabeth Warren, for example, hit Goodfriend with his own words time and again. “These...

Reforming New York City's Public Retirement System

John Hunt, Manhattan Institute

For years, the Manhattan Institute has warned about the unsustainability of New York City's public retirement system. "Pension contributions stand at a near-record 11% of the city's total budgetâ?"and 36% of payroll alone," wrote E. J. McMahon and Josh McGee in 2017. "They consume 17%...

Global Impact of a "Blue Wave" Election Outcome

Jeffrey Kleintop, Charles Schwab

The potential economic and market impacts a "Blue Wave" for the U.S. election could have on five key areas: taxes, labor, the environment, oil and trade.

Anticipating Tax Changes

Solomon Teller, Green Harvest Asset Management

What If the Bank of England Goes Negative?

Market Minder, Fisher Investments

Negative interest rates aren't a net benefit, in our view, but they aren't necessarily bearish, either.

Is Optimistic Market a Vulnerable One?

Brad McMillan, Commonwealth Financial Network

Handicapping the November 3rd Elections

Paul Hoffmeister, Camelot Portfolios

3rd Quarter Earnings Season To Be Relatively Good

Pat O'Hare, Briefing.com

The Stock Market Tells Us Nothing About The Economy

Mark Hulbert, MarketWatch

The disconnect between the stock market and the economy increases as valuations become more stretched

Coronavirus And The Future of Financial Planning

Christine Benz, Morningstar

It's time to rethink what our financial goals can and should look like.

Lighthizer Blew Up Trade Policy. What Happens Next?

Lydia DePillis, ProPublica

Trump’s trade representative joined the administration with one mission: Bring factory jobs back from overseas. The results so far? Endless trade wars, alienated allies, and a manufacturing recession.

Risk Tolerance: The Overlooked Factor In Inequality

Allison Schrager, City Journal

Tolerance for risk is often overlooked as a factor in racial disparities in household wealth accumulation.

Don't Overestimate the COVID-19 Recovery

Eswar Prasad, Project Syndicate

At this point in the COVID-19 crisis, governments have only one good option: further aggressive fiscal stimulus, complemented by coherent virus-containment strategies. Without such policies, demand and confidence will remain subdued, and global growth will continue to falter well into the future.

Your Local Bookstore Is Struggling

Elizabeth A. Harris, The New York Times

Independent booksellers are desperate for customers to return, and not just for an online reading.

How To Get Rich While Losing Lots Of Money

Vauhini Vara, The Atlantic

Adam Neumann is out at WeWork but others will imitate him.

Why Facebook Can't Fix Itself

Andrew Marantz, The New Yorker

The platform is overrun with hate speech and disinformation. Does it actually want to solve the problem?

Your Portfolio Isn't Nearly As Diversified As You Think

Philip van Doorn, MarketWatch

There's an overlooked asset class that can uncover opportunities for you while cutting risk

Using Demand Elasticity to Choose Stocks

Coryanne Hicks, U.S. News & World Report

Mitch McConnell Is the Author Immense Econ. Misery

Paul Krugman, New York Times

Why Senate Republicans won't help Americans in need.

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

The Hottest Boom You Haven't Heard About

Eric Rosenbaum, CNBC

41 million used vehicles are sold each year in the U.S. and Covid-19 is accelerating their popularity in the auto market among both consumers and car dealers, but demand is driving up prices.

COVID Has Supercharged China's Export Machine

Hunter Clark, Liberty St. Economics

Hunter Clark takes a look at China's export performance for 2020, which has been stronger than expected owing to an export structure well-positioned for the COVID-19 crisis.

Shane Battier And John Maynard Keynes

Ben Carlson, A Wealth Of Common Sense

Process over outcome.

When A Cycle Isn't A Cycle

Cullen Roche, Pragmatic Capitalism

When the boom doesn't cause the bust.

Will Value Overtake Growth After The Election?

James Picerno, The Capital Spectator

Is value finally on the cusp of a rebound?

China Is Losing The Soft Power War

Scott Sumner, The Money Illusion

While China avoided losing its trade war with America, it is shooting itself in the foot when it comes to the war of ideas.

American Princelings

Helen Raleigh, City Journal

Hunter Biden and other children of political leaders are favored elites in the Chinese mode.
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