05/13/2020 Today Michael Fumento, Issues & Insights We're living in Orwellian times, certainly. |
Charles Blow, New York Times Empty stomachs can lead to a dangerous desperation. |
Kevin Williamson, National Review Unemployment north of 20 percent is going to be very hard on the unemployed. But it is going to be hard on everybody else, too. |
Steve Trost, OSU In 1921, Professor Frank Knight (an economist at the University of Chicago) published his most famous work, Risk, Uncertainty and Profit , ... |
Noel Irwin Hentschel, RealClearMarkets There's a big part missing from plans to restart the economy: a framework for resuming international travel. Without this, we're leaving significant recovery resources on the table for... |
Ed Kilgore, New York Magazine For a while Republicans were nearly as worried as Democrats about the coronavirus pandemic. But now that Trump is upbeat about the worst being over, so are his followers, though it's unclear how many twists and turns voters will accept. |
Adam Brandon & Parissa Sedghi, RCM Every movement, whether cultural, educational or political, has rich patrons. There's no getting around this truth. Just as there are no companies and no jobs without the unspent wealth of the... |
Matt Phillips, New York Times The two have been intertwined in the American psyche since the 1929 stock crash and the onset of the Great Depression. But stocks are not a reliable gauge of overall economic health. |
John Tamny, RealClearMarkets No one buys goods or services with money, nor does anyone save or invest "money." Counterintuitive as the latter sounds, it's a basic truth. Sadly, it's one that few... |
Paul Brandus, USA Today Some people think the Great Depression, which began in 1929 during the presidency of Herbert Hoover, ended shortly after Franklin D. Roosevelt replaced him in 1933. Not so. It went on and on and on — and on. As late as January 1941, the unemployment rate was still 10.5%. That is useful context as we consider our current plunge into the abyss, which has now consumed about one-fifth of the U.S. labor force in seven shattering weeks. |
Noah Williams, City Journal Policymakers should move toward a phased-in, regional approach to re-openingsâ?"and pay attention not only to infections but also unemployment. |
Maureen Callahan, New York Post Elon Musk wants us to believe he's a warrior for our liberty and our rights, not an overleveraged Silicon Valley billionaire who, like the smallest of us, may be totally undone by a virus that cares not about who you are. |
John Holt, Applied Finance Over the past 25 years, Applied Finance has studied market patterns and trends using millions of Valuations. The firm's live database goes back to 1998, with further data starting from the early 1990's. The two [...more] |
Rob Williams, Charles Schwab Important distinctions exist between traditional and Roth IRAs, including eligibility and contribution limits. Here's a guide to help you decide what's best for you. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
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." |
Mark Hulbert, MarketWatch Most sentiment gauges are pessimistic, which is bullish for stock prices â?Â" to a point |
Don Boudreaux, AIER Sometimes simple arithmetic reveals realities that are both astonishing and astonishingly important. Such is the case for the arithmetic performed by this little button on every scientific calculator – including, no doubt, on the calculator you have on your smartphone: x! |
Gene Marks, The Hill Just a small tweak to the eight-week forgiveness period would put the program back on course to reach its goals. |
Andrew Afifian, Washington Examiner It should come as no surprise that the coronavirus pandemic is taking a larger economic toll on our most vulnerable populations. A 2016 study by Pew Research Center found that at $17,100, the median net worth of black households was less than one-fifth that of all U.S. households ($97,300), meaning they have much less in savings, if any, to rely on before being unable to pay for necessities. |
Douglas Holtz-Eakin, USA Today Two years ago, the Federal Communications Commission repealed “network neutrality.” Many forecast disaster as a result, predicting the rise of miserly internet providers and throttled access. But the pandemic has decisively proved these predictions wrong. The internet has performed admirably despite unprecedented demand — a testament to the wisdom of the United States’ light regulatory approach. |
Eric Boehm, Reason Officials in six Pennsylvania counties say they will allow businesses to reopen without permission from the state government. Expect more of that. |
Uri Alon & Ron Milo & Eran Yashiv, New York Times People can work in two-week cycles, on the job for four days then, by the time they might become infectious, 10 days at home in lockdown. |
Michael Fumento, JTN Robert Redfield takes dire view of scope of coronavirus, but it helps to know he was a driving force behind AIDS hysteria of the '80s and '90s. |
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. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Howard Marks, Oaktree Capital Management All we don't know... |
Gary Evans & Jon Custer, Custer Consulting You might want to wait until after the election to make any big decisions about your supply chain. |
Mohamed El-Erian, Project Syndicate Appeals to recommit to globalization are highly unlikely to gain traction in the wake of the COVID-19 pandemic. Those keen to preserve globalization would instead be better advised to focus on minimizing the disruption caused by the coming period of deglobalization and laying the groundwork for a more sustainable process thereafter. |
Maggie Fitzgerald, CNBC The major online brokers saw a major jump in new users during the coronavirus sell-off, many of who were of a younger cohort. |
John Rekenthaler, Morningstar Clues from the largest-company lists. |
Alicia McElhaney, Institutional Investor Kids, anxiety, and distance from colleagues make investors ultra-vulnerable. |
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... |
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