07/17/2021
Today

We Flag Disinformation from Gov't, Not Other Way Around

David Harsanyi, NR

If society doesn't value the intrinsic worth of open discourse, the right will be irreparably damaged.

Here's Why Biden's Digital Policing Is So Dangerous

Harmeet Dhillon, Fox News

Controlling the narrative is power. Authoritarian regimes know this well, and ruthlessly employ power to control public discourse and, in turn, the people themselves.

Why the Democrats Should Fear Price Inflation

Timothy Noah, The New Republic

We can debate its economic harm, but its political damage to progressive governance is indisputable.

Don't Panic: A Little Inflation Is No Bad Thing

Kenneth Rogoff, Financial Times

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Blame The Fed's Easy Money For Today's Inflation

Chris Jacobs, The Federalist

As a new PBS 'Frontline' documentary explores, the Fed has spent the past dozen years printing money out of thin air, and now we're paying for it.

Frontline: The Power of the Federal Reserve

James Jacoby, PBS Frontline

When COVID-19 struck, the Federal Reserve stepped in to try to avert economic crisis. As the country's central bank continues to pump billions of dollars into the financial system daily, who is

Generation Z Should Fear A Guaranteed Income

Allison Schrager, Bloomberg

A universal basic income would hurt our youngest workers most.

How Capitalism Invented the Care Economy

Premilla Nadasen, The Nation

This is what's missing from the new conversation about care work.

Pelosi Makes Millions from Companies She Regulates

Glenn Greenwald, Substack

The Speaker, already one of the richest members in Congress, has become far richer through investment maneuvers in Big Tech, as she privately chats with their CEOs.

Building Solar Farms May Not Build the Middle Class

Noam Scheiber, NYT

Some of the wealthiest companies in the world are investing in the green economy. But they're not investing in paying union wages.

Lower the Federal Gas Tax to Improve Infrastructure

Brian Riedl, National Review

It is time to empower governors and mayors to creatively make their own local transportation decisions.

FTC's Take on Mergers, Acquisitions Is Misguided

Gen. Carlisle, Defense News

If Washington changes policy and objects to vertical mergers, the effects will ripple all the way down to an entrepreneur's decision to start a company.

Great American Jobs Reshuffle

Brent Orrell & Daniel Cox, American Enterprise Institute

The June 2021 American Perspectives Survey (APS) finds that people's work arrangements and preferences, unemployment experiences, and career aspirations are changing as workers navigate the new post-pandemic labor market.

The American Cities With the Highest Wages for New Hires

Various, Self

Cities in the U.S. with the highest wages for new hires

June CPI: This Too Shall Pass, But When?

Richard Moody, Regions Bank

4,500 S&P 500....Or Higher?

Brian Wesbury & Robert Stein, First Trust Advisors

IPOs: What Directors Can Learn

Sanjai Bhagat & Srinivasan Rangan, Directors&Boards

Doctors Sanjai Bhagat and Srinivasan Rangan discuss the value drivers of IPO valuation and 3 corporate policy implications for private company directors.

Is This the Start of a Correction?

Ryan Detrick, LPL Financial Research

Market Blog Friday, July 9, 2021

Lockdown Leadership Is Unlikely To Last

Jeffrey Kleintop, Charles Schwab

In the last few weeks, stock market leadership reversed back to lockdown-era defensives as the stock market made new all-time highs.

This Is A Game Changer For Entrepreneurs

Victor W. Hwang, Inc.

The new rules represent a profound opportunity for new companies.

Expect A 10% Correction Or Worse By August

Mark Hulbert, MarketWatch

Market breadth hasn't been this poor since October 2018 and the start of a 20%-plus decline.

Misery Today Means High Returns Tomorrow

Larry Swedroe, Alpha Architect

A high misery index predicts high future returns.

What's the Future for Bond and Stock Returns?

John Rekenthaler, Morningstar

The outlook for bonds is clearer than that for stocks.

More Tariffs Won't End Pollution Or Solve Global Warming

Eric Boehm, Reason

Taxing Americans to punish other countries for having lax environmental rules would be a logistical and bureaucratic nightmare. Democrats are trying to do it anyway.

Why We'll Be Stuck With Insane Car Prices for Months

Jordan Weissmann, Slate

New? Used? The car market may not sort itself out for a while.

What Ever Happened to IBM's Watson?

Steve Lohr, New York Times

IBM's artificial intelligence was supposed to transform industries and generate riches for the company. Neither has panned out. Now, IBM has settled on a humbler vision for Watson.

Bay Area Bidding Wars: No Tech Exodus Exaggerated

Olivia Solon, NBC News

Reports of a tech exodus have been greatly exaggerated

My 'Too Hard' Pile Is Pretty Big

Christine Benz, Morningstar

And yours should be, too.

Inflation? Not in Japan. A Warning for the U.S.?

Ben Dooley, New York Times

If the United States' current bout of rising prices soon eases, its economy could fall back into the cycle of weak inflation that preceded the pandemic — a situation much like Japan's.

Welcome to the Church of Bitcoin

Zoë Bernard, Rolling Stone

Thousands gathered in Miami to talk about the OG cryptocurrency — but instead of your typical finance conference, it had the feeling of a fringe religious event

Why Cuba Is Having An Economic Crisis

Noah Smith, Noahpinion

Three crises and a whole lot of bad policy decisions have driven hungry Cubans into the streets.

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

2021: The Half Year in Charts

Charlie Bilello, Compound Advisors

Here are the charts and themes that tell the story of the first six months of 2021.

The Fed Should Stop Using "Transitory"

Cullen Roche, Pragmatic Capitalism

This website exists in large part because our government is extremely bad at communicating complex topics to the general public.

US Monopoly Problem Stretches Far Beyond Big Tech

Emily Stewart, Vox

Feeling squeezed by corporate America? Monopolies have something to do with it.

The Economic Risks from Anti-Vaxxers

Barry Ritholtz, The Big Picture

Which is the bigger threat? Inflation or delta?

Surplus to Society: Return Of The Luddites?

John Lloyd, Quillette

Some form of accommodation must be found with a world in which AI has made machines so omni-competent that an ever-expanding spectrum of work—including those jobs that require craft, bureaucratic, creative, or scientific skills—are now at risk of obsolescence.

How Twitter Ruined Everything

Douglas Murray, UnHerd

The site has distorted our perception of reality

The Fed Needs To End Boomer Stimulus

Joshua M Brown, The Reformed Broker

The Fed needs to stop buying mortgages.
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