06/10/2020
Today Jeffrey Tucker, American Institute for Economic Research People are so bored with COVID-19 these days that it takes a special kind of disease news to light up the Internet. That came yesterday with a World Health Organization press conference at which Maria Van Kerkhove, head of WHO’s emerging diseases and zoonosis unit, said that the latest studies show that asymptomatic spreading of the coronavirus appears to be “very rare.” |
Amita Sudhir, Slate It depends on your priorities. Here's how I've determined mine. |
Stephanie Kelton, New York Times Our country's myth about federal debt, explained. |
Reuven Brenner, Law & Liberty The origin of the word “lot” is the Teutonic hleut, which was the pebble that priests and judges cast to make decisions. It is also the source of the Italian lotteria, and the French loterie, which eventually came to refer to games of chance. However, in both Dutch and English, the word “lot” also refers to man’s destiny. The two uses of the word are not accidental. When risks are incalculable, political leaders must still point to some legitimating justification for their decisions. |
Bernard Sharfman, Oxford Law Faculty Martin Lipton is a legend in the field of corporate law. So, when Mr. Lipton speaks on the purpose of the corporation, as he did in his recent posts on the Harvard Law School Forum on Corporate Governance and the Columbia Law School’s Blue Sky Blog, people definitely should listen. The point of his posts, co-authored with his Wachtell, Lipton, Rosen & Katz partners William Savitt and Karessa L. Cain, was to present a definition of corporate purpose that can be applied to every business enterprise: |
Rep. Chip Roy, Washington Examiner Last Friday, people woke up to the news that the nation added 2.5 million jobs in May. Now that was surprising, not simply because people have gone to bed night after night with images of our downtowns on fire and the ensuing riots, but because economists told us the morning would bring humbling reports of nearly 20% unemployment. |
Jonathan Bydlak, Hill Congress is not just doing less; it is doing less important things and forgoing opportunities to assert itself when it counts. |
Ike Brannon, RCM Just about the first task assigned to me when I landed a job working for the U.S. Congress fifteen years ago was to reach out to the famed economist Hernando de Soto and discuss how my bosses could... |
Joshua Berlinger, CNN North Korea is barred from exporting earth and stone under United Nations sanctions passed in December 2017. Trading North Korean sand is a violation of international law. |
Market Minder, Fisher Investments The stock market is near breakeven for the year, tempting investors to the sidelines, but don't let it steer you adrift. |
Tom Del Beccaro & Steve Moore, Fox Even with the good May job numbers, the economic recovery lies in the balance and with a historically high number of Americans unemployed, strong pro-growth policies are necessary |
Steve Englander, Standard Chartered |
Solomon Teller, Green Harvest |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
Richard Moody, Regions Bank |
Allison Schrager, Manhattan Inst. But in these unprecedented times, there is reason to remain concerned. |
Mark Hulbert, MW Favor stocks over bonds as long as current buying trends continue |
Julia Horowitz, CNN Two pieces of news have put the disconnect between markets and the real economy into stark relief. |
Phil Goldberg, The Hill It is time for Congress to put America's safety and recovery ahead of predatory lawsuits. |
Ben Casselman, New York Times The pandemic has complicated the usual methods and models for compiling employment data. But uncertainty has been offset by transparency. |
Bruce Yandle, Washington Examiner Reactions to Friday's amazing announcement from the Bureau of Labor Statistics ranged from, "Now there's evidence that the Paycheck Protection Program is doing its intended job," to, "We are seeing the end of the coronavirus collapse." Some now speculate that the hoped-for "V-shaped recovery" is on the way. |
Market Minder, Fisher Investments Lessons for investors in US business surveys, Australia's defunct expansion and surging consumer saving. |
Editorial, USA Today Air traffic in America is surging! That’s the good news for the airlines. The bad news is that the increase has taken traffic from about 4% of what would have been expected to about 18%: On Sunday for instance, the Transportation Security Administration processed 441,255 people through airport checkpoints, up from 87,534 on April 14. But a year ago, the TSA was processing about 2.5 million people. |
Stephen McBride, RiskHedge RiskHedgeâ?"Disruption Research, Disruptive Technology Stocksâ?"RiskHedge helps investors profit from disruption by providing research on the latest breakthrough technologies and the stocks driving them. |
Matt Egan, CNN In the early 2000s, Dick Parsons was part of the first wave of black CEOs in Corporate America. The Time Warner boss predicted at the time that the wave was just beginning. |
Ann Carrns, New York Times The real estate market is challenging this spring â?" all the more so because lenders are checking, and rechecking, borrowers' finances in response to the economic turmoil of the pandemic. |
Ayalla Ruvio, Forrest Morgeson & Tomas Hult, Hill Retailers need to plan for politicized consumerism when the COVID-19 pandemic fades. |
Nathan Lewis, Forbes Since Deficit's Don't Matter now, can we have a tax system that is Flat and also Uniform? |
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 Calhoun, RealClearMarkets Have we entered a new bull market? Was the 35% pullback in the S&P 500 in March the fastest bear market in history? Or is this just a continuation of the bull market that started in 2009,... |
Vitaliy Katsenelson, Contrarian Edge How to make chess and investing even harder. |
Caroline Baum, MarketWatch The Fed shouldn't give forward guidance because it doesn't know when a change in policy will be needed |
Edward Harrison, Credit Writedowns In the midst of a massive economic downturn, we are seeing a liquidity-fuelled speculative mania. |
Jemima Kelly, FT Alphaville We need to be super careful about what we see on the internet right now; there’s a whole lot of rubbish out there. |
Alex Tabarrok, Marginal Revolution Why should the arm of the state that investigates murder, rape and robbery also give out traffic tickets? |
Theodore Schleifer, Vox A Warren supporter took her wealth tax idea from Iowa and New Hampshire and brought it to the supermarkets of Palo Alto, California. |
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