12/07/2020
Today

Why NASDAQ's Latest Diversity Plan is Hypocritical

Charles Gasparino, New York Post

It takes a preposterous leap of faith to argue that adding more women or minorities to corporate boards will miraculously lead to the end of illegal insider trading.

A New Way to Invest for Vengeful and the High-Minded

Ron Lieber, New York Times

Big investment managers are buying up companies that help with so-called direct indexing, which offers clients a way to boot individual companies from their portfolios. It has tax benefits, too.

U.S. Delisting Not the End for Chinese Companies

Market Minder, Fisher Investments

Delisting isn't the end of the world for Chinese companies or the US investors who own them.

The Fed's Endless Search For a Purpose Is Rejected by Tesla

John Tamny, Forbes

Businesses in the spring of 2020 didn?t have cash-flow problems as much as they had lockdown problems. Money in 2020 missed the point.

Why the November Jobs Report Was a Total Disaster

Eric Levitz, New York Magazine

Friday's jobs report shows that the U.S. economy added about half as many jobs as expected in November, while permanent layoffs rose and the labor-force participation rate fell â?" all bad signs for the economy as the COVID pandemic worsens.

An Optimistic Case That the Great Stagnation Will End

James Pethokoukis, Week

Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons.

Republicans Are Complaining Again About Deficits

Michael Hiltzik, Los Angeles Times

For the GOP, deficits only matter when there's a Democrat in the White House

Indiscriminate Stimulus During a Pandemic Is Absurd

Judge Glock, National Review

Congress must distinguish between wasteful 'stimulus' and targeted 'relief.'

Facts, Not Fear, Will Stop C19

Jay Bhattacharya, American Institute for Economic Research

The media relish negative news. “If it bleeds it leads” still holds, and perhaps it’s never been truer than in the COVID-19 era. Every day the news highlights the spread of the virus and tells the sad stories of some of its victims. And yet, much of the media does not pay sufficient attention to the good news regarding improved treatments and survival of patients with the coronavirus. In contrast with the international media, the American press has been unrelentingly negative in its COVID coverage, even when there is good news to tell. That negativity is part of...

Critical Action by Congress to Prevent Housing Troubles

Kathryn Reynolds, The Hill

Renters and owners across the nation need more federal funds.

Congress Should Keep Section 230 Repeal Out of Discussions

Eric Peterson, WE

As many families begin their annual holiday traditions, Congress is following suit with a tradition of its own: using "must-pass" legislation and decorating it like a Christmas tree filled with unrelated amendments. But while these amendments typically involve handouts for special interests, this year's unrelated measure is a gift to our economic rivals.

Will California Ever Get Fed Up With Losing to Texas?

Chuck DeVore, Fox News

If California's anti-jobs policies, its high taxes and more can chase out the company that launched Silicon Valley, is any business immune from pressure to move?

Auditing Climate Change Debate

John Merrifield & Matthew McGehee, Inst for Objective Policy

Fractional Shares: A New Way to Invest

Carrie Schwab-Pomerantz, Charles Schwab

What are fractional shares? This week's Ask Carrie explains how they work and how they can make stock investing easier and more accessible.

Looking Into the Future for Markets

Brad McMillan, Commonwealth Financial Network

S&P 4,200 - Dow Jones 35,000

Brian Wesbury & Robert Stein, First Trust Advisors

Pandemic Currency Panic

Russell Redenbaugh & James Juliano, Kairos Capital Management

When Nurses Travel

Joshua Gottlieb & Avi Zenilman, University of Chicago

2021 Muni Bond Outlook: Storm Clouds Clearing

Cooper Howard, Charles Schwab

We expect the municipal bond market to return to a sense of normalcy in 2021.

A Monetary Mind at the Treasury

John B. Taylor , Project Syndicate

Former US Federal Reserve Chair Janet Yellen's forthcoming appointment to lead the Department of the Treasury is good news for advocates of rules-based monetary policymaking. Following a period of emergency measures, what the US needs now is a return to clear and predictable decision-making.

The Reasonable Optimist

Morgan Housel, Collaborative Fund

The ease of underestimating how bad things can be in the short run and how good they can be in the longer run is a leading cause of bad forecasts, bad decisions, and confused people.

Waiting For Fama, French And Godot

Evan Simonoff, Financial Adviser

Waiting for value stocks to end their lagging performance versus glitzy growth has become as exhausting and surreal as waiting for Godot.

What Will Zoom Do After The Vaccine Kills COVID?

Rani Molla, Vox

A look at what's in store for Zoom in a post-pandemic world.

The Flawed Reasoning of the Techlash & Progressive Movements

Dirk Auer, Quillette

Around the globe, governments are looking for ways to tax, fine, regulate, or break up Big Tech—part of a reaction against companies like Google and Amazon that has become known as the “techlash.”

The Easiest Way For Biden To Stimulate The Economy

Max Gulker, Reason

The current administration's trade policies have left the incoming president some low-hanging fruit.

Explaining the Frenzy in the Housing Market

Issi Romem, The New York Times

One long-lasting result of the pandemic may be innovations that make home buying faster.

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

Civil Disobedience Redux

Jeff Carter, Points and Figures

Thoreaux's original essay needs some updating.

Don't Delay A Vaccine To Allay Fear

Alex Tabarrok, Marginal Revolution

We should not let public policy be guided by the most risk averse, fearful, and scientifically illiterate among us.

The Carrie Trade Buries The Bond Vigilantes

Ed Yardeni, Dr. Ed's Blog

The Bond Vigilantes have been buried by the Fed.

Sometimes Bigger Is Better

Ryan Young, Reason.com

Republicans and Democrats are working together on an antitrust push against big tech. It will backfire big-time.

You Might Be A Permabear If....

J.C. Parets, All Star Charts

12 questions to ask yourself.

China Just Turned On Its Artificial Sun

Caroline Delbert, Popular Mechanics

China has switched on its record-setting "artificial sun" tokamak. It's go time for the Far East's most formidable nuclear fusion reactor.

The $2 Billion Mall Rats

Ian Frisch, Esquire

The inside story of a black sheep hedge fund, their massive bet that shopping malls would crash, and how they proved Wall Street wrong.
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