05/12/2020
Today Carl Schramm, New York Post The prevailing image of who starts and, more important, who actually succeeds as an entrepreneur is deeply misleading. |
Paul Krugman, New York Times Opening the economy too soon can backfire, badly. |
Edward Stringham, American Institute for Economic Research From the beginning of this pandemic, what is called the mainstream media has been almost universally on the side of panic and lockdowns. From trumpeting inaccurate forecasts to using every opportunity to push fear and shame dissent, media performance has been poor. They even went so far as to politicize this disease, treating it as yet another opportunity to fuel division and score one for their team. |
M. Kit Delgado, USA Today |
Eric Levitz, New York Magazine A Federal Reserve survey finds U.S. households expressing record-levels of optimistic about stock prices â?" and pessimistic about their own finances. |
William Watts, MarketWatch Sectors that typically lead in a recovery are lagging behind, notes Canaccord?s Dwyer |
Market Minder, Fisher Our thoughts on a novel way some news coverage has displayed unemployment. |
John Tamny, RCM Say you've got a business for sale, and the buyer offers you $10 million, or 156 million toman. What are you going to do? You would likely first ask what the toman is. The answer is simple and... |
Alexander Alonzo, CNN Companies are likely to be more accepting of employee requests to work from home, and some could even make entire operations remote, writes Alexander Alonso, the Society for Human Resource Management's (SHRM's) chief knowledge officer. |
Judd Gregg, The Hill OPINION: Small businesses need protection from avaricious lawsuits. |
Roger Ream, Washington Examiner On March 10, I underwent an operation to replace my right knee. When I came out of the anesthesia, I spent a few days in a recovery fog, somewhat unaware of the dramatically changing world outside. When I was ready to fully rejoin society just a few days later, it seemed as though I was no longer living in the same country. While physical therapy has worked its wonders on my ability to resume normal activity, the changes wrought by the leaders of our government in response to the COVID-19 pandemic will cripple the economy for years to come. |
Sally Pipes, Fox News The American Hospital Association estimates hospitals are losing more than $50 billion per month due to the COVID-19 pandemic. And only half of primary care physicians have enough cash on hand to survive another four weeks, |
Hayden Adams, Charles Schwab Was your tax refund smaller than in previous years? Did you owe more than usual? Here's why. |
Richard Moody, Regions Bank |
Liz Ann Sonders, Charles Schwab Both the bear market and subsequent rally have occurred at warp speed; yet the economic recovery may be disappointing to what the market's now "priced in." |
Ryan Detrick, LPL Financial Research Economic Blog Economists had braced market participants for massive job losses in today's employment report, but that does not make the numbers any less eye-popping. |
Richard Moody, Regions Bank |
Daniel Kern & Renee Kwok, TFC Financial |
Carrie Schwab-Pomerantz, Charles Schwab If you're more anxious about money these days, let your kids know why. This week's Ask Carrie talks about how to start the conversation. |
Mark Hulbert, MarketWatch Skilled active investment managers now have a huge opportunity to add value |
John H. Jackson, The Hill The COVID-19 pandemic has exposed the wide opportunity gaps for low-income families and communities of color. |
Gary Galles, Issues & Insights The Austrian economist's insights into liberty are particularly worth noting. |
Editorial, New York Post New York City and the state are looking at huge drops in tax revenues thanks to the coronavirus â?" and neither Mayor Bill de Blasio nor Gov. Andrew Cuomo seem to have any good ideas about what to do beyond hoping for a federal bailout. |
Bradley Thomas, Mises Institute During the current coronavirus lockdown, I'd pay good money to see just one public official be asked: "How many lives are you willing to sacrifice to prevent one coronavirus death?" |
Emily Brandon, U.S. News & World Report WORKERS AGE 62 AND older who have been laid off, furloughed, faced pay cuts or forced into early retirement have the option to sign up for Social Security. However, you get smaller monthly payments if you sign up for Social Security before your full retirement age, which is 66 for most baby boomers and 67 for everyone born in 1960 or later. If you were eligible for $1,000 per month at your full retirement age of 66, you will get just $750 per month if you begin receiving payments at age 62. These lower payments typically last for the rest of your life. |
Mark Miller, New York Times Many newly unemployed Americans may have to dip into retirement funds to cover expenses. Even if you don't, you have some decisions to make. |
Celestin Monga, Project Syndicate The COVID-19 pandemic has brought economies around the world to an abrupt halt and highlighted the fragility of existing global value chains. But demolishing these key drivers of international trade and investment would only make a bad situation worse. |
Megan Molteni, Wired Two leading candidates are headed for mass clinical trials, and everything’s on the table—including deliberately infecting healthy vaccine volunteers. |
Koichi Hamada, Project Syndicate Almost immediately after the COVID-19 outbreak began in the US, the Federal Reserve began pumping dollars into the economy. As the aftermath of the 2008 global financial crisis showed, this will leave many central banks with little choice but to pursue their own monetary expansion. |
Adam Clark Estes, Vox The meat supply chain is breaking down, but that's only part of the story. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Joseph Y Calhoun III, RealClearMarkets There is a new threat to the US economy emerging in the wake of the COVID-19 outbreak. It is every bit as virulent as COVID and possibly even more economically damaging than the shutdowns it... |
Ben Taub, The New Yorker The explorers who set one of the last meaningful records on earth. |
Edward Harrison, Credit Writedowns These job losses are a human tragedy on a tremendous scale, with unknowable long-term personal, economic and mental health consequences. |
Claire Jones, FT Alphaville Spare a thought for the global value chain. |
John Rekenthaler, Morningstar What's more, the two are drifting even further apart. |
Gautam Dhingra, Enterprising Investor Is it time to start selling growth stocks and buying value stocks? |
Ramesh Ponnuru, National Review A lot of people find it remarkable that the stock market has done well over the last seven weeks while the economy has been bleeding out. |
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