02/19/2021
Today Debra Kamin, New York Times Online home buyers do much of the work involved in acquiring a house. So why are brokers' fees still calculated under the old system? |
William Moloney, The Hill Globalization has been revealed as a façade concealing the greatest transfer of wealth and income in human history. |
Yael Ossowski, Foundation for Economic Education After more than a quarter century at the helm of one of the world's most valuable companies, Jeff Bezos announced this month that he will soon step down as the CEO of Amazon. |
Brian Riedl, NRO Last year's budget deficits exceed any in modern history. |
Vince Bielski, RCInvestigations Last Labor Day, candidate Joe Biden made an impassioned pitch to leaders and members of the AFL-CIO, AmericaÂ's largest labor federation. Stressing that Â"the great American middle class was built... |
Paul Krugman, New York Times When post-truth politics meets energy policy. |
Mike Paoli, RCM Living on the West Coast we often hear about the dangers posed by Big Tech monopolies. After all, these incredibly wealthy companies have such an outsized influence here. The Justice Department's anti-trust suit against Google was the talk of the town when filed last October, particularly since eleven state Attorneys General joined as plaintiffs. DoJ noted that Google is worth over $1 trillion, accounts for nearly 90% of the nation's internet search queries, and allegedly engages in a wide swath of anti-competitive practices. Facebook, Twitter, Amazon and other West Coast titans are also... |
Michael Cannivet, Forbes Will energy shorts be the next group of bears to capitulate? One important timing clue suggests energy stocks may be nearing an inflection point. |
Peter Schaumber, RealClearMarkets Since its inception nearly 90 years ago, the National Labor Relations Board has had a "strong policy" favoring in-person secret balloting absent "extraordinary circumstances." That policy has been upended - as so much else in 2020 - by the ongoing Covid-19 pandemic. Immediately prior to the pandemic, over 90% of representation elections were by secret ballot, whereas during the first eight months of the pandemic, March 15 and October 31, 2020, 90% of elections were by mail balloting It is a troubling statistic. The secret ballot is far superior to mail balloting in fulfilling the... |
Trish Regan, American Consequences February 18, 2021 1970’s-Style Inflation Is Coming By Trish Regan Don’t say I didn’t warn you… The possibility of a 1970’s-style America in the year 2021 is increasingly looking like a reality. And let’s be honest, bell bottoms and wide-collared shirts are just not a good look on anyone. Jokes aside, real inflation is coming… […] |
Alexander Salter, Am Institute for Economic Research The most important institution for governing supply of money in a free market economy is the network of organizations and laws that we call the banking system. Banking was not consciously intended as an institution for governing the money supply. Instead it was the product of entrepreneurial merchants trying to make a profit. But as is often the case, the pursuit of profit had enormous unintended consequences. In this case, those consequences were highly beneficial. |
Lee Bohl, Charles Schwab What is after-hours trading? How does it work? Learn about the rules, risks and benefits of extended hours trading. |
Mark Mills, Manhattan Institute These days, there appears to be one area of bipartisan agreement: America needs an industrial policy.[1] To the extent that there is any debate between Republicans and Democrats, it is mainly over how much to spend and which types of industries should be favored (or disfavored).Preserving and... |
Richard Moody, Regions Bank |
Carrie Schwab-Pomerantz, Charles Schwab Do you and your partner argue about money? Many couples do. Here's a way to keep things under control. |
James Copland, Manhattan Institute Over the last 25 years, the big-ticket plaintiffs' barâ?"whom we at the Manhattan Institute have dubbed "Trial Lawyers, Inc."[1]â?"has formed a symbiotic relationship with state and local officials. The multistate tobacco litigation in the mid-1990s made billionaires out of several... |
Joseph Calhoun, Alhambra Investments This is a holiday-shortened week in the US but there is some important data on tap. Retail sales are expected to show a month-to-month rise for the first time since September. Year-over-year number? |
Joanna Payne, Charles Schwab Scrutinizing your trading losses can help you realize more gains. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Liz Alderman, NY Times Pandemic aid has cushioned workers and businesses from a severe recession. But as governments face trillions in debt, there's no rush to rein it in. |
Bruce Abramson, Asia Times China envy runs strong among America's progressive elite. The Communist Party of China's hold on power and centralized decision-making has long appealed |
Claire Jones, FT Alphaville If the Fed's policy is to target full and inclusive employment, it should ignore the inflation fools and stick to its guns. |
Dan Pearson, CNN As US Trade Representative-designate, Katherine Tai finds herself in an ironic situation: The most important country she will have to push to open its markets, a core component of USTR's mission, is the United States. |
Peter Suderman, Reason.com The president keeps insisting on the urgency of $1.9 trillion in spending. But much of it would be spent on non-urgent policies unrelated to the pandemic. |
Susan Dziubinski, Morningstar The biggest takeaway from that period is not to panic when the market tumbles. |
David Hill, The Ringer Mike McCaskill spent years scouring the stock market and betting on long shots. Then he found the opportunity that changed his lifeâ?"and helped spark the mother of all short squeezes. |
Dan Caplinger, Motley Fool Few investors have been around as long as 90-year-old investing legend Warren Buffett. The person many call the Oracle of Omaha remains as CEO of Berkshire Hathaway(NYSE: BRK.A)(NYSE: BRK.B), a company he first started doing business with more than half a century ago. Buffett's lifelong track record has put the power of time to full advantage, and his accomplishments will be hard for anyone to surpass. |
Bill Wirtz, Foundation for Economic Education Joe Biden, the current front-runner of the Democratic 2020 field,promises the return of electric vehicle (EV) tax credits. The presidential candidate says that "a key barrier to further deployment of these greenhouse-gas reducing vehicles is the lack of charging stations and coordination across all levels of government." Biden wants 500,000 new charging stations by the end of 2030, thereby incentivizing the use of electric cars beyond the advantages given when buying them. |
Vivekanand Jayakumar, The Hill By having overcommitted to its easy policy stance, the Federal Reserve will find it hard to change direction in the future without creating significant financial market upheaval. |
Sarah Anderson, RCM The Congressional Budget Office has released a new report on the budgetary and economic impact of President Joe Biden and congressional Democrats' Raise the Wage Act. Supporters of the Raise the Wage Act have framed it as giving low-income workers a pay raise, but they're ignoring the actual impact increasing the minimum wage will have on those very same workers. The goal of the Raise the Wage Act is to gradually increase the federal minimum wage to $15 per hour by 2025 from the current $7.25 per house. After 2026, the minimum wage will be indexed to median wages. Tipped workers would also... |
David Messler, OilPrice.com Time will tell if the coming commodity boom in metals and oil turns into a genuine super-cycle, or just a temporary upturn as the world adjusts unevenly to the new green revolution |
Barry Ritholtz, TBP Some people never learn seem to learn from their prior errors… |
Charlie Bilello, Compound Advisors Bond investors have had a great couple of years but 2021 isn't looking so good. |
Jamie Powell, Financial Times Facebook is accused of inflating their audience to advertisers. |
Nicky Phillips, Nature A Nature survey shows many scientists expect the virus that causes COVID-19 to become endemic, but it could pose less danger over time. |
John Rosenberg, City Journal Cancel culture and the ghost of Eugene Debs |
Adam Andrzejewski, City Journal The teachers' union's outsize power comes at the expense of students, parents, and taxpayers. |
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