05/04/2020
Today Bobby Jindal, Washington Examiner It seems almost quaint to recall Tipper Gore's campaign for warning labels on explicit music lyrics, back when companies feared cultural controversies and offending consumer groups advocating for traditional values. Much has changed since 1997 when national brands including J.C. Penney, Chrysler, and Wendy's refused to advertise on "The Puppy Episode" of The Ellen Show, when she announced she was gay. |
Michael Hiltzik, Los Angeles Times By removing unemployment benefits, states are forcing workers to risk their lives |
Alex Salter, American Institute for Economic Research |
Phillip Sprincin, City Journal Even with infections dropping, the Bay Area extends its shelter-in-place order. |
John Tamny, RCM In 1980 the supergroup Fleetwood Mac was on yet another one of its extravagant world tours. Band patriarch Mick Fleetwood was dating Sara Recor at the time, and this was problematic simply... |
Eric Levitz, New York Magazine In negotiations over the next round of coronavirus stimulus, congressional Republicans are pushing to block an extension of federal unemployment benefits and to enable corporations to violate workplace safety standards with impunity. |
Arnold Barnett, RealClearMarkets In late April, American Airlines Flight 2669 took off nearly full from Miami for LaGuardia with only half the passengers wearing masks. An alarmed passenger described the experience on... |
Mark Decambre, MW Since 1928, reviewing the past 25 bear markets, there has been a lower price put in by the S&P 500 index 60% of the time |
Rupert Darwall, Hill BlackRock and its shareholder activists are using corporate governance statutes to usurp regulatory functions that properly belong to government. |
Andy Puzder & Bill Hagerty, Fox China's efforts to conceal and destroy evidence regarding coronavirus expose this regime's true intentions. |
Steven Mosher, New York Post When Michael Moore's latest documentary opened on Earth Day to attacks from fellow leftists, including calls for censorship, it got my attention. |
Andrew Chamberlain & Zanele Munyikwa, Glassdoor |
Brian Riedl, Manhattan Institute The baseline deficit at the beginning of 2020 was $1 trillion. Covid-19 response bills could add more than $3 trillion to that estimate. |
Ryan Detrick, LPL Financial Research |
Richard Moody, Regions Bank |
Brad McMillan, Commonwealth Financial Network |
Carrie Schwab-Pomerantz, Charles Schwab There are many places to stash your cash, but the shorter your timeframe the more careful you need to be, says Carrie Schwab-Pomerantz. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Larry Swedroe, TEBI All stock market crashes provide valuable investment lessons, and the latest one is no exception. |
Matt Egan, CNN Business The coronavirus pandemic has exposed a gaping disconnect between unprecedented economic pain on Main Street and extreme optimism on Wall Street. |
Simon Johnson and Peter Boone, Project Syndicate Gone are the days of short international travel, or long trips visiting multiple countries. In the absence of universal vaccination against the coronavirus, tighter constraints on human mobility will presumably remain in place â?" perhaps for a long time. |
Ben Carlson, A Wealth Of Common Sense In February the S&P 500 fell more than 8%. Not to be outdone, March was one of the worst months in market history, dropping more than 12%: Just to keep investors on their heels, April followed up one of the worst months in history with one of the best ever. |
Kate Knibbs, Wired As unemployment surges, calls to cancel rent are growing louder. In New York, thousands are planning a rent strike for May, while landlords ask for a federal bailout. |
Simon Gleeson, FT Alphaville In this post he argues more debt is not the answer to helping businesses transition to a post-lockdown world. The banking system will face an over-leveraged real economy, and the result must be the conversion of bank claims on the real economy into equity in that economy. |
Various, Pro Market A new study shows that CARES Act funds to support small companies and prevent mass layoffs did not flow to areas more adversely affected by the pandemic. |
Paul Brandus, MarketWatch Even in good times, age discrimination is rampant |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
John Cochrane, The Grumpy Economist I've been on the "reopen fast but smart" bandwagon for weeks. The reopening is coming. Are we ready? I'm afraid not. |
Emily Stewart, Vox Elon Musk declared he's selling all his possessions, said Tesla's stock price was too high, and called to "free America" in a matter of minutes. |
Daniel Tenreiro, National Review The Fed's unprecedented response to the COVID-19 crisis was merited by the bleak economic outlook, but it could amount to a Faustian bargain. |
Sirin Kale, Wired In Bali, western immigrants are selling products they've never handled, from countries they've never visited, to consumers they've never met. |
Mick Krever & Nic Robertson, CNN Some locals are picking up seasonal work on farms in southeast England after being furloughed or let go because of the coronavirus outbreak. |
David Hay, Evergreen Gavekal This book has clearly been an indictment of Fed policies over the last twenty-five years. Some will no doubt think it has been unfair, particularly when, like now, the Fed is in its fire brigade mode. |
John Cochrane, The Grumpy Economist Just where was the fire that caused the Federal Reserve to buy $1.3 trillion of treasury debt in a month -- financing all treasury sales and then some? |
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