10/21/2020
Today Jason Heid, Texas Monthly United States senator Jeff Merkley, an Oregon Democrat, wasn’t happy when he boarded an American Airlines flight from DFW to Portland in early July. The day before, the airline had adjusted its COVID-19 safety policies and resumed selling every available seat, rather than leaving most middle seats empty as it had been doing since the onset of the pandemic. Merkley took to Twitter to voice his displeasure. |
Thomas Hazlett, Chicago Tribune The political push that new vaccines must be safe at all costs is itself a dangerous meme, and the strange bedfellow of anti-vaxxer protesters. |
Richard Rahn, RCM How would a benevolent dictator have handled the COVID-19 pandemic? Predictably, Joe Biden is saying Donald Trump did it all wrong and caused a couple of hundred thousand people to die needlessly – a very serious charge if true. But what was the Biden plan that would have avoided the deaths? The reason you cannot answer that question is there was no Biden plan back when it really counted. Little was known about the virus in the spring, which is one reason the great “experts” (e.g., Antony Fauci, et al.) kept changing their advice; and as a result, the... |
John Barry, The New York Times A proposal to let people with low risk of infection live without constraint could lead to a million or more preventable deaths. |
Various, Forbes The nation's wealthiest are more likely to be Republican than the average Americanâ?"but just about as likely to be voting for Biden. |
Market Minder, Fisher Investments The ins and outs of the timeline after November 3. |
Mark Hulbert, MarketWatch The internet bubble in 2000, the 1973-74 bear market â?" and the current market â?" are alarming outliers in the U.S. market's 227-year history |
Peggy Little, RealClearMarkets Imagine Congress enacting a law providing that every trade you or your broker makes in the stock market must be reported to the Securities and Exchange Commission for storage in a government database. This forced surrender is analytically no different from reporting your shopping to the government, or a requirement that your doctor send your DNA to the FBI, except that the financial stakes are much, much higher. These records can be accessed with no warrant by as many as 3,000 people at the SEC and self-regulatory organizations (SRO)—as estimated at a... |
Marik Von Rennenkampff, Hill Even a cursory analysis of crime in America roundly debunks Trump and his allies' claims that Democratic policies fuel violence. |
Kristen Osenga, RealClearMarkets At a time when innovative American companies are moving technology forward at often dizzying rates, today’s Federal Trade Commission (FTC) seems to be bent on thwarting that innovation by taking a giant leap backwards by pitting antitrust against patents – a stance that has not been seen decades. In the 1970s, the relationship between antitrust and patents was viewed as a conflict. Patents, by their nature, create a limited monopoly. This limited monopoly, during which the patentee may be able to exclusively sell their product or license their technology to other... |
Sen. Marco Rubio, Examiner Small businesses are quietly closing their doors all across the country. For months, Speaker Nancy Pelosi, Minority Leader Chuck Schumer, and congressional Democrats have promised to provide them additional federal relief. But they have done absolutely nothing to make good on their word. |
Christian Britschgi, Reason San Francisco, New York City, Boston, and other large metro areas have posted double-digit drops in rent. |
Richard Moody, Regions Bank |
Adam Phillips, BMO Global Asset Management |
Market Minder, Fisher Investments What this latest milestone doesâ?"and doesn'tâ?"mean for investors. |
Hayden Adams, Charles Schwab Several factors may make it worthwhile to convert all or part of a traditional IRA to a Roth IRA in 2020, depending on your circumstances. |
Daniel Kern & Renee Kwok, TFC Financial Management |
Various, Hoover Institution |
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%... |
Phillip Magness, American Institute for Economic Research re lockdowns a thing of the past, invoked only to scare an unsuspecting public away from more limited (yet, curiously, seldom-elaborated) Covid-19 mitigation policies? Several journalists and pundits have been claiming as much recently. Writing for Wired UK on October 7th, science journalist Matt Reynolds made this claim the centerpiece of his attack on the anti-lockdown Great Barrington Declaration: |
Paul Krugman, NYT The economic case for deficit spending is overwhelming. |
Ann Marie Miller & Alice Calder, Washington Examiner You might not know it, but U.S. citizens are ditching their status as Americans in droves. "Citizide" is a dramatic term for what's really just renouncing one's citizenship, a step that a rapidly increasing number of U.S. citizens living abroad are taking to avoid the complicated and expensive tax burdens imposed on them by their home country. In the first half of 2020 alone, almost 6,000 people renounced their U.S. citizenship, a tenfold increase from one year prior. |
Sara Bleich & Sheila Fleischhacker, The Hill The Trump administration has done nothing to rescind or reverse a variety of their aggressive efforts to slash SNAP participation. |
Kailey Hagen, Motley Fool There are such things as good and bad retirement accounts, but which is which often depends on your personal situation. Take traditional and Roth IRAs, for example. They're similar in a lot of ways, but one of them is probably going to offer you better tax advantages than the other. Here's a closer look at some of the key differences between the two accounts so you can decide which one deserves your money. |
Charles Riley, CNN The prospect of US lawmakers producing another big stimulus package before the election has tantalized investors for months. But there are good reasons to think additional relief won't arrive anytime soon. |
Mark Hulbert, MarketWatch Investors should be wary of predictions about stocks to buy if Biden or Trump wins the 2020 election |
Sohrab Ahmari, New York Post "Facebook is almost an arm of the Democratic Party â?" an arm of the far-left wing of the Democratic Party." So said the former Facebook insider as we sat down for an interview at a Midtown restaurant Friday afternoon. |
Matt Egan, CNN Despite the gloom-and-doom in the oil industry and the specter of a blue wave in Washington, ConocoPhillips is doubling down on crude by making a major acquisition. |
Jay Richards, New York Post Fewer people are dying from COVID-19 and more people are recovering with few or no problems. So why does the press keep burying it? |
Scott Ward, U.S. News & World Report BEFORE THE GLOBAL health crisis, the lack of significant, sustained progress among workplace retirement savers signaled the need for a boost of some kind: The Employee Benefits Research Institute's 2020 Retirement Confidence Survey revealed that only 30% of American workers have assets of $250,000 or more in savings or investments outside of their home. Among those with a retirement plan, 37% reported having $250,000 in savings or investments. |
Thomas Ken Lew, USA Today Winter is coming and we are headed towards the feared intersection of COVID-19 and flu season. Yet already the coronavirus is surging across the world and the United States, the global leader in number of coronavirus deaths, is moving closer to a quarter-million fatalities. Our medical system could be overwhelmed if hospitalizations increase. This is why I am concerned about the reports that some officials and policymakers in the White House are considering “herd immunity” as a strategy to combat the pandemic. This is dangerous, callous and flawed thinking. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Donald Boudreaux, AIER The economic way of thinking brings into sharp focus a world otherwise invisible! |
Morgan Housel, Collaborative Fund An important thing that explains a lot of things is that good news takes time but bad news happens instantly. |
David Sekera, Morningstar What consumer trends during the pandemic have meant, and will mean, for companies in technology, hospitality, and e-commerce. |
Robert Bradley Jr, Master Resource Joe Biden's energy policy depends on his audience. |
Ben Carlson, A Wealth Of Common Sense The stock market has been all over the map this year and bonds yield nothing. |
Scott Sumner, The Money Illusion How you measure price changes is important. |
John Cochrane, The Grumpy Economist A new wave of government expansion is cresting. It poses a threat not just to our economic well being, but to our freedom — social, political and economic. |
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