08/25/2021
Today Ken Fisher, RealClearMarkets Where did all the heroes go? Hero CEOs, that is. Late in bull markets, investors typically christen a slew of rising corporate leaders as near-infallible. They go gaga on these visionaries' views of a gigantic far-flung future their firms will supposedly dominate. But such romantic tales are hidden warnings. CEO celebration signals rising exuberance—the kind stretching expectations to unattainable heights. The good news? Lionized corporate leaders are near non-existent now—a sign this bull market isn't near a euphoric top. |
Clare Duffy, CNN When Tim Cook took over as chief executive of Apple, it was a corporate transition unlike any other. He stepped out from the shadow of one of the best-known American CEOs and took the reins of one of the world's biggest tech companies facing some uncertainty about how much more successful it could be. |
Seth Levine, Integrating Investor ESG-compliance is increasing to meet investor demand. More than changing operations, this reflects that good companies are good companies. |
Tracy Jan & Jena McGregor & Meghan Hoyer, Washington Post George Floyd's murder prompted unprecedented corporate giving towards racial justice causes. Most of the money went towards reducing the racial wealth gap, with only a fraction targeting police reform, the cause that sent millions of Americans into the streets last summer |
Jennifer Latson, Texas Monthly Kathryn Paige Harden's new book says social scientists must acknowledge how DNA shapes our lives. Critics call that dangerous. |
P.J. O'Rourke, American Consequences Biden's clumsy executive order attempting to "promote competition" in the American economy strangles free markets with bureaucratic red tape. |
Blanche Lincoln, RCM In a speech last week on the economy, Federal Reserve Board Chairman Jay Powell said it was not yet clear how the delta variant will impact the economy. He did say that the "Covid pandemic is still casting a shadow on economic activity." Also last week, the government reported that retail sales fell 1.1%, a worrisome sign for our economic recovery. |
Paul Krugman, New York Times Punishing the unemployed doesn't accomplish very much. |
Noah Williams, City Journal The results of the great labor-market experiment are in. |
Alex Hendrie, Examiner President Joe Biden and Senate Democrats are pushing a reckless $3.5 trillion tax and spend plan. |
Chuck Muth, RealClearMarkets The growing popularity of state ballot initiatives has some viewing these "direct to voter" efforts as a victory for democracy. At the same time, however, they can carry massive hidden costs that make many of them financially damaging to the citizens they are supposed to help. The once-great state of California has been the poster child for the direct democracy process. Last year alone, Golden State voters were asked to vote on thirteen different state ballot propositions covering a range of issues, from taxation of commercial and industrial properties to voting rights to policies governing... |
David Weaver, The Hill The new data highlight the need for the Biden administration to communicate with Social Security beneficiaries regarding developments in vaccine policy. |
Lindsay Grimm, ISN The Inspection Support Network is the most trusted home inspection software solution. With an incomparable portfolio of easy-to-use tools, ISN enables inspectors to simplify, streamline, and grow their businesses. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
Greg Obenshain, Verdad Behavioral economists at Harvard say the answer might be "yes" |
Russell Redenbaugh & James Juliano, Kairos Capital Management |
Liz Ann Sonders & Jeffrey Kleintop & Kathy Jones, Charles Schwab The U.S. economy appears to be shifting from recovery mode to a new, more-mature expansion phase. |
Various & Various Articles, Outdoorsy Among NPS's historically significant sites, national historical parks and national memorials were most visited in 2020. Here are the top 15! |
Vivekanand Jayakumar, The Hill Once the virus spread peaks in the next few weeks and then gradually abates, it is likely that the economy will regain its momentum. |
Bruce Yandle, Washington Examiner The Biden administration has given a 25% boost to food stamp allotments, the largest in the program's history, underlining the fact that inflation is eroding the purchasing power of ordinary people. |
Paul Krugman, New York Times A pandemic lesson: You can say no to bad pay and conditions. |
Steve Vladeck, MSNBC.com "Freedom" doesn't mean the same thing for state and local elected officials, apparently. |
Karol Markowicz, New York Post Restaurants have started asking patrons to see their vaccination cards along with IDs to dine inside. |
Dan Proft, Dan Proft Biden wants to raise taxes across the board. What are the odds now? |
Arthur Levine, Vox With all of its sparkle and chipped paint. |
Greg Robb, MarketWatch Fed Chairman Jerome Powell will hold back from signaling that the tapering of asset purchases will be announced in September, analysts say. |
Kenrick Cai, Forbes It's been a rollercoaster year among the very wealthiest, with Musk, Jeff Bezos and LVMH's Bernard Arnault all vying for the number one spot. |
Stephen McBride, RiskHedge Did you hear Joe Biden's big announcement? |
Matt Phillips, NYT Ms. Wood says the Holy Spirit moved her to strike out on her own after an up-and-down career in money management. But it's her belief in herself that won the Reddit crowd's faith. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Cory Doctorow, Marker Accounting tricks and tech gimmickry don't matter when the coffers are empty. |
Robby Soave, Reason The unexpectedly acrimonious search for a new host is undermining Alex Trebek's legacy. |
Susan Dziubinski, Morningstar These undervalued stocks are among the holdings in Berkshire Hathaway today. |
Joachim Klement, Klement on Investing Time off improves performance. |
Rachel Lehmann-Haupt, Neo.Life With 27 biological children and three surrogate pregnancies under her belt, it's all business as usual for Tyra Reeder. |
Peter C. Earle, AIER "Unfortunately, carefully considering trade-offs remains alien to the calculus of public officials. From utter scarcity to crushing abundance in less than 100 days, the lumber epic is entering a new phase." ~ Peter C. Earle |
J.D. Tuccille, Reason A minority of the population picking up the tab would be dangerous if the situation were to last. |
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