08/22/2020
Today Morgan Housel, Collaborative Fund This is a story about when big innovations happen. |
Mark Sappenfield, The Christian Science Monitor For more than a century, prosperity has come from coal in Wyoming. But what happens when there isn't any left, or people don't want it anymore? |
Ben Popken, NBCNews Furloughed workers feel trapped in limbo as short-term layoffs drag on, with thousands of employees not knowing when or if they will get called back to their job. |
kk, The Brooklyn Investor So, with Buffett dumping airlines, JPM and not jumping into the markets in March, is he really all that bearish? |
Susan Dziubinski, Morningstar We think these holdings look undervalued. |
Michael Batnick, The Irrelevant Investor Most stocks might not be near a 52-week high, but they're also very from their 52-week lows. |
Paul Krugman, The New York Times Optimism about Apple's future profits won't pay this month's rent. |
Michael Grothaus, Fast Company But other developers can and already are getting the same 15% fee waiver that Apple gives to Amazon. |
Louis-Vincent Gave, Evergreen Gavekal The gold market will probably continue |
Nouriel Roubini, Project Syndicate Far from signaling its imminent demise as the main global reserve currency, the greenback's sharp depreciation is to be expected in the current macroeconomic context. The forces that could erode the dollar's hegemony remain slower-moving and farther off. |
Mike Konczal, The Nation Raising taxes on the rich would help stop the economy from simply channeling income to 1 percent. |
Eric Boehm, Reason.com The last time an incumbent president was defeated, the fact that he'd raised taxes on Americans played a major role. Trump's done the same thing, but the DNC didn't talk about it. |
Kathy Jones, Charles Schwab Real yields have dropped into negative territory as inflation expectations rise. |
Ryan Detrick, LPL Financial Research Market Blog "Better late than never." It took a while, but the S&P 500 Index finally made a new all-time high, coming all the way back from the vicious 34% bear market in less than six months.? |
Jerry Bowyer, Vident Financial |
Richard Moody, Regions Bank |
Bernard Sharfman, The FinReg Blog |
Jeffrey Buchbinder & Ryan Detrick, LPL Financial |
Richard Moody, Regions Bank |
Anne Krueger, Project Syndicate Although massive current spending in response to the COVID-19 pandemic seems justified, policymakers will have to address the mounting public debt once the crisis has passed. Policymakers will be strongly tempted to impose an interest-rate ceiling on financial institutions, but conditional tax increases would be preferable. |
Tim Duy, MSN The key provisions of the CARES Act have mostly expired, but they have given a big boost to consumer savings. |
Michael Tubbs & Melvin Carter, CNN For millions of Americans, the initial stimulus checks provided through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which allotted $1,200 per adult and $500 per child for households under a certain income threshold, lasted only a few weeks. |
Annie Lowrey, The Atlantic Trying to replace government with personal initiative requires an impossible amount of energy. |
Preston Caldwell & Eric Compton, Morningstar Risks are far lower than during the last U.S. financial crisis, despite COVID-19's impact. |
Matt Phillips, The New York Times The debt of the United States now exceeds the size of its gross domestic product. That was considered a doomsday scenario that would wreck the economy. So far, that hasn't happened. |
J.D. Tuccille, Reason.com Patients and providers should be able to meet remotely without bureaucrats getting in the way. |
Jamie Powell, FT Alphaville Ket us play the devil’s advocate here, and argue that stock splits should alter a company’s market value (upwards). |
John Rekenthaler, Morningstar At long last, asset-price inflation may have finally arrived. |
Brett Arends, MarketWatch Play U.S. stock rebound the cheaper way |
Todd G. Buchholz, Project Syndicate Like in World War II, the United States is piling on debt to confront a whole-of-society crisis, raising the question of who will foot the bill in the long term. But, unlike the post-war era, the underlying conditions for robust economic recovery today are less than favorable, placing an even greater onus on wise policymaking. |
Imran Said, Quillette America still has a lot going for it. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Ben Hunt, Epsilon Theory Facebook must be destroyed. |
James Picerno, The Capital Spectator The coronavirus blowback and the crowd’s ongoing preference for high-flying growth investments aren’t doing any favors for value investing strategies. |
Ben Carlson, A Wealth Of Common Sense There are still millions of people whose lives have been disrupted through no fault of their own. |
Andrea Riquier, MarketWatch There is a difference between what's good for "the economy" and what's good for ordinary Americans |
Diana Olick, NBCNews Mortgage rates are at or near historic lows during the coronavirus pandemic and recession, but Black homeowners trying to purchase or refinance their homes are hitting roadblocks. |
Helen Lewis, The Atlantic The meme is so powerful because of the awkward status of white women. |
Nupur Balain, MStar Several funds see value in basic materials and communication services |
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