09/09/2021
Today

We Need Biden's Economic Plan To Rebuild Middle Class

Paul Bledsoe, The Hill

The goal is nothing less than to restore the American Dream.

Actually, Now Is Not the Time to Raise Taxes

Bruce Thompson, Washington Examiner

The economic recovery is stalling. The jobs report was well below expectations, consumer confidence is falling, and Wall Street is revising the outlook for economic growth downward. Goldman Sachs forecasts "a harder path ahead."

Why "Bernie Bill" Won't Increase Unemployment

Timothy Noah, The New Republic

Let's get the facts straight about the Democrats' reconciliation package and the effects of European-style social welfare.

Let's Not Jeopardize Paychecks With Corporate Tax Hike

Blanche Lincoln, RCM

As Congress discusses ways to strengthen the American economy amid the Delta variant's rapid rise, I encourage policymakers to fund new investments in a responsible manner. Saddling job-creating businesses of all sizes and the workers they employ with an increase in the corporate income tax rate would undermine, rather than unleash, President Biden's bold vision to Build Back Better for American families.

Valuations Don't Say Much About Future Returns

Market Minder,Fisher Investments

Near term or long run, valuations just don't tell you much about future returns.

Benefits Cessation Won't Solve Restaurant Staff Probs

Chris Crowley, New York

It doesn't change anything for people who have moved on from jobs that weren't working for them.

Books: Peter Osnos's Excellent "An Especially Good View"

John Tamny, RCM

A frequent conversation piece among the libertarians and conservatives I lunch with concerns the "worst president in our lifetimes." One elder routinely answers LBJ for his expansion of the war in Vietnam combined with the welfare state expansion he presided over domestically. Others cite Barack Obama, but my answer every single time is George W. Bush. To those who say Obama I always respond with an expressed desire to stage a public debate about the merits of Obama vs. Bush based on my confident belief that Obama's presidency doesn't come close to Bush's on the error front. Think about it.

College Degree Case For Women As the Future Elite

Samuel Goldman, The Week

How women conquered college — and the future

The Virus Made Shipping Containers Planet's Hottest Items

Julia Horowitz, CNN

The 30,000 aluminum tins were supposed to show up in a 20-foot shipping container in July. Months later, they haven't arrived — and SJ Hunt, the co-founder of Lavolio, a boutique confectionery in London, is starting to panic.

Here's How El Salvador Bitcoin Introduction Hit Early Snags

Peter Earle, AIER

"Other nations would be well advised to use El Salvador's missteps as a guide for their own such attempts. And to suffuse their embrace of crypto beyond considerations of technology, observing its fundamentally libertarian spirit as well." ~ Peter C. Earle

A Radical Racial Reeducation Program at Google

Christopher Rufo, City Journal

A Google employee program claims that America is a "system of white supremacy" and that all Americans are "raised to be racist."

America's Debt Ceiling, Pls. Meet 'Domestic Forever Wars'

Wayne Crews, Forbes

Deadlines loom over the bipartisan infrastructure deal & Biden's $3.5 trillion amalgam of social & "human infrastructure" spending. These new domestic Forever Wars are on a collision course with an unforgiving debt ceiling. Neglected options for shrinking the administrative state deserve a hearing.

Which States Most Dependent on Federal Aid?

Marko Csokasi, Commodity.com

Can you guess which US state received over $3 billion in federal aid? Here are 15 states with the most federal aid, including per capita data.

Economic Implications of Dr. Copper Shining Brightly

Jerry Bowyer, Videntfunds

Copper price changes are thought to be responsive to the demands of global economic growth. What does the data say for the economic recovery?

Can the U.S. 'Fully Recover'?

Brian Wesbury & Robert Stein, First Trust Advisors

How to Avoid Common Tax-Filing Mistakes

Hayden Adams, Charles Schwab

Watch out for these common errors when preparing your tax return.

ETFs and Taxes: What You Need to Know

Emily Doak, Charles Schwab

Different ETF structures have different tax implications. Be informed and avoid unpleasant surprises come 2022 tax time.

Pricing Power Amid Higher Costs

Richard Moody, Regions Bank

Cities With Highest Mortgage Approval Rates

Jon Jones, Smartest Dollar

Mortgage loan approval rates vary according to several factors including location. Researchers ranked metros by mortgage loan approval rates in 2020.

Biden's Total Financial Surveillance

Matt Welch, Reason

What if every one of your noncash financial transactions was automatically reported to a beefed-up, audit-hungry IRS?

In Silicon Valley, Criminal Prosecutors See No Evil

David Streitfeld, NY Times

The Elizabeth Holmes fraud trial is set to be a major spectacle, but tech executives generally get a pass when it comes to wrongdoing.

7 Wide Moat Stocks to Buy on a Dip

Susan Dziubinski, Morningstar

These wide-moat, low-uncertainty names may be fairly valued today, but they should be on quality seekers' watchlists.

Six Things I Learned That Just Weren't True

Allan Roth, Advisor Perspectives

I got my MBA at Kellogg nearly four decades ago and have been teaching investing for the last 20 years. Though not much has changed in the curriculum, over time I've realized that some things are downright wrong. Here are the big six.

Why U.S. Housing Prices Aren't as Crazy as You Think

Ben Carlson, AWOCS

The housing market continues to set new records.The S&P CoreLogic Case-Shiller U.S. National Home Price Index just reported its highest one-year gain in history, up nearly 19% through the end

Self-Cancellation, Deplatforming, and Censorship

Nick Gillespie, Reason

A taxonomy of cancel culture.

Inside an Alleged Billion-Dollar "Pyramid Scheme"

Julie Miller, Vanity Fair

Lawsuit-plagued clothing company LuLaRoe—famous for its leggings—is the subject of Amazon's new docuseries 'LuLaRich,' premiering September 10.

President Biden's Feeble Fiction About U.S. Joblessness

Editorial, New York Post

Just three days after declaring his disastrous Afghan operation that abandoned Americans and allies an "extraordinary success," President Joe Biden tried more gaslighting, insisting that the grim n…

How Biden Can Make Dems Party of Workers

Steven Greenhouse, New York Times

Posing at coal mines and factories, they may tell voters otherwise. But the policy tells a different story.

Labor Day 2021 Brings On Latest Repetition of Lies

Gary Galles, Issues & Insights

This should be a day celebrating hard work, not labor unions.

Anti-Capitalists Find New Way to Promote Socialism

Rainer Zitelmann, Examiner

Many anti-capitalists today no longer speak of abolishing capitalism. Instead, they call for its "containment," "correction," or "improvement." Intellectuals are constantly thinking up new concepts for "improving" the capitalist economic system or curbing its "evils."

Your Favorite Jeans Might Be Fueling Human Rights Crisis

Sofi Thanhauser, Vox

Cotton's connection to forced labor by Uyghurs in Xinjiang ought to have you rethinking fast fashion.

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 Two Types Of Investors

Charlie Bilello, Compound Advisors

There are two types of investors: Pundits and Professionals… The Pundit thinks they know everything. The Professional knows that learning is infinite.

The "Great Resignation" Isn't Just About WFH

Jessica Stillman, Inc.

Want your employees to stick around? Flexibility is just the minimum.

How Blockchain Can Change the World

Michael Batnick, The Irrelevant Investor

Big change happens slowly

A Profound Transformation Is Underway

Cindy Carter, China Digital Times

In recent days, a number of major state and Party media outlets have simultaneously republished a relatively obscure essayist's screed on sissy-boy celebrities, get-rich-quick capitalists, and lessons that the collapse of the Soviet Union might hold for China.

US & Foreign Stocks: Similar But Not

Jonathan Clements, HumbleDollar

U.S. AND FOREIGN STOCKS are highly correlated, with monthly returns that move in the same direction almost all the time. Because of this, some have argued that there's scant reason to diversify internationally. But there's a small problem with this argument: Just because investments move in the same direction doesn't mean they generate the same return.

Most Stocks Are Duds

Robin Powell, The Evidence-Based Investor

Tempted to try your hand at picking stocks? Remember: most common stocks don't even outperform Treasury bills over their lifetimes.

Investors Have Very Selective Memories

John Timmer, Ars Technica

Investors inflate their wins, forget about their losses.
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