08/11/2020
Today Paul Krugman, New York Times Now he's prescribing hydroxychloroquine to fight recession. |
Casey Mulligan, City Journal Donald Trump's policies for marginalized Americans closely resemble the recommendations made in a new bookâ?"though its authors don't seem to recognize it. |
Eric Levitz, New York Josh Hawley, Marco Rubio, and Tom Cotton style themselves as populist, post-Trump Republicans. But while these conservatives have harsh words for corporate America and kind ones for the working class, their hostility to unions makes them frauds. |
Eric Boehm, Reason Protectionism is now infecting the GOP to a degree that may be difficult to eradicate when the Trump era ends. |
John Tamny, RCM A rich man once told me something that surprised me. He was once not rich. Understand that his formerly deprived circumstances weren’t the surprise. The U.S. is happily dense with people who came up from nothing. |
Alan Reynolds, American Institute for Economic Research Faced with an escalating pandemic in March, the President and most governors did not want to “stimulate” the private economy. They wanted to shut it down –with stay-at-home orders and mandated business closings. That was a deliberate government supply-side crisis, not an accidental demand-side recession. People were not suddenly prohibited from buying many goods and services because they had no income. They had no income because they were prohibited from producing desired goods and services by working in certain “nonessential” jobs or opening... |
Jordan Weissmann, Slate There was a way for Trump to actually help Americans, not just look like he is. He didn't bother. |
Tim Worstall, Washington Examiner One of the great puzzles of politics is why so many are against President Trump's idea of cutting payroll taxes. The puzzle starts from the fact that this is simply the standard Keynesian thing to do to boost demand in a recession, and as President Richard Nixon said more than a generation ago, "We are all Keynesians now." |
Market Minder, Fisher Investments The White House's latest probably isn't a seismic shift for stocks or Social Security. |
Christopher Baecker, RealClearMarkets This extended Tax Day, I thought I’d tinker around a little bit. Being our smallest source of income, I punched in my side gig first. I quipped to my oldest daughter “look at that; my ‘refund’ is almost half my earnings, and I didn’t even have anything withheld!” |
Brett Arends, MarketWatch Diversification? What diversification? |
Sam Swenson, MF FIRE (Financial Independence, Retire Early), a flourishing lifestyle movement, has crept its way into mainstream culture throughout the past decade. As we've seen the pandemic spark a renewed push for people to create more autonomy in their lives, there is continued debate about the most sensible way to invest if FIRE is your goal. Real estate proponents advocate for potentially robust monthly cash flow, price appreciation, and tax advantages, whereas index fund adherents cite minimal expenses, a lack of constant oversight, and efficient trading as reasons to invest. In reality,... |
Kathy Jones, Charles Schwab The U.S. dollar has been showing signs of weakening, a trend that may underscore the importance of global diversification. |
Richard Moody, Regions Bank |
Jeffrey Kleintop, Charles Schwab Let's take a look at how recent developments may have impacted long-term returns for stock market investors. |
Richard Moody, Regions Bank |
Michael Townsend, Charles Schwab Despite the slow pace of negotiations, we continue to think a deal will be struck this month. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Jerry Bowyer, Vident Financial |
John Ketcham, City Journal Society depends on its watering holes and gathering spots, now at serious risk of disappearing. |
Phillip Magness, American Institute for Economic Research In recent congressional testimony Dr. Anthony Fauci, the primary architect of the Trump administration’s COVID response, painted a bleak picture about the United States’s ability to contain the pandemic. According to Fauci’s narrative, the United States is experiencing a resurgence in regional COVID outbreaks because it failed to sufficiently lock down back in March, and failed to comply with the existing lockdown orders. Fauci specifically contrasted this situation to several European states that imposed lockdowns around the same time, claiming the latter as a... |
Kate Kelly & Shane Goldmacher & Thomas Kaplan, NYT Through donations, finance executives played a critical role in helping Joe Biden turn his campaign around. They've mostly grown to like him, if not love him. |
Market Minder, Fisher Investments Widening the Fed's mandate probably widens the potential for error, in our view. |
Tami Luhby, CNN Sarah Thomas is back at her job, but she's no longer earning enough to pay her bills. |
Douglas McIntyre, 24/7 Wall St. China blocking iPhone sales there would be the most visible way to attack the United States for its bans of Huawei and TikTok. Much of Apple's sales comes from what it calls Greater China. |
Nigam Arora, MarketWatch The target for the S&P 500 is about 3,800 points |
Charles Gasparino, New York Post History may be repeating itself in the form of Robinhood, a stock-trading app that has become something of a cultural phenomenon during the pandemic. |
Jason Aten, Inc. New executive orders seek to ban two of the most popular apps from Chinese companies. |
Vivek Wadhwa & Alex Salkever, MarketWatch Microsoft has long pined for more of the under-25 group, and TikTok may fulfill that aspiration most clearly |
Michael Johnston, Evergreen Gavekal Blue and red seldom agree on anything these days, so when both camps find common ground on the same issue, it's enough to make anyone's ears perk up. Such was the case during last week's Congressional Antitrust Subcommittee hearing, where four of tech's biggest CEOs spent hours being grilled by Congress. |
Sue Gordon, CNBC It's time to restructure the data ecosystem. There are five areas that need to be addressed, writes Sue Gordon. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Edmund Phelps, Project Syndicate Although robots that can perform human labor will put downward pressure on wages in the short term, they also will increase the rate of profit, encouraging more investment and a recovery in the wage rate. It is not so much the economics of new technologies that should worry us, but rather the politics and ethics. |
Jane Coaston, Vox The pandemic has threatened a multibillion-dollar business. But the cracks in the sport's foundation have been visible for decades. |
Rusty Guinn, Epsilon Theory Remember, two things can be true at the same time. |
Ira Stoll, Reason Some parents with valuable skills will find some way to transmit those skills to their children, and some children will find ways to learn them from parents. |
Amanda Cantrell, Institutional Investor Think Covid kills the centuries-old practice of sharing cards? Think again. |
John Rekenthaler, Morningstar Might this time be different? |
Andrew Stuttaford, National Review The Business Roundtable's 'Statement on the Purpose of a Corporation' basically rejected the quaint idea that a company's primary duty was to its owners (the shareholders) and replaced it with a commitment to 'stakeholder capitalism.' |
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