12/03/2020
Today Joseph Calhoun, Alhambra We have the luxury, the honor, of speaking to a lot of individual investors here at Alhambra. Whether they are clients or future clients (optimism is my default condition), the most common view of ? |
Jeffrey Tucker, American Institute for Economic Research Even after eleven years experience, and a per Bitcoin price of nearly $20,000, the incredulous are still with us. I understand why. Bitcoin is not like other traditional financial assets. Even describing it as an asset is misleading. It is not the same as a stock, as a payment system, or a money. It has features of all these but it is not identical to them. What Bitcoin is depends on its use as a means of storing and porting value, which in turn rests of secure titles to ownership of a scarce good. Those without experience in the sector look at all of this and get frustrated that... |
Natalie Foster & David Chase, MarketWatch Financial support during the pandemic is good policy and good politics |
Maya MacGuineas, CNN Few of our political leaders are eager to deal with the national debt. |
Susie Cagle, The Nation Corporate consolidation has left the US with a health care system built for profit, not people. |
Kerry Jackson, I & I The former vice president supports a labor bill that would be a government boot on workers' throats, a malign and destructive force. |
Aaron Renn, City Journal The death of Tony Hsieh is the loss of an urban pioneer. |
Jimmy Sengenberger, WE When I first listened to Rush Limbaugh as a 12-year-old child in my grandpa's car, I had no idea that I would launch a talk show-hosting career myself, or what I would learn from Limbaugh's show and from whom I would learn it. Enter Walter E. Williams, noted free market economist, fervent individual liberty advocate, syndicated columnist, prolific author, and John M. Olin Distinguished professor of Economics at George Mason University. |
Donald Boudreaux, Cafe Hayek Over the next few weeks I will write much more about my late colleague and cherished friend Walter Williams. I will do so not merely as an exercise in self-indulgence, but also – I’d like to think chiefly – as a deserved tribute to a uniquely talented, influential, and courageous human being. Walter was a special man, a dear man, a lovely man. He was, in fact, a truly great man. Walter was also an incredibly insightful economist, one whose brilliance he himself hid in plain sight within the disarming clarity of his prose. |
John Tamny, RealClearMarkets “In reality all economic activity outside the stationary state is speculation” – Ludwig von Mises, Socialism, p. 181-182 The upside-down world shaped by political panic over the virus perhaps unsurprisingly created winners and losers. Somewhat surprisingly given last March’s stock-market collapse in response to the rather sudden imposition of command-and-control, day trading was one of the winners. It was seemingly given life by the shuttering of so much that has long given life meaning. A nation always transfixed by sports suddenly had to do without. What... |
Kirk Arner & Harold Furchtgott-Roth, RCM Congress is considering whether to amend the Federal Trade Commission’s authority under Section 13(b) of the Federal Trade Commission Act. The answer is clearly “No.” Here’s why. Imagine you’re in your car, driving down the road. Suddenly, you’re pulled over by a police officer, who issues you a ticket. You ask the officer what law you broke. He can’t name one; he simply says you were driving too dangerously. And, as it turns out, the local law laying out the authority of police officers does not grant them the ability to issue... |
Paul Ausick, 24/7 Wall. A new report from the Economic Policy Institute shows how the rise in wages over the past four decades has favored those who are at the top and rewarded most of all those in the top 0.1% of earners. |
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. |
Brad McMillan, Commonwealth Financial Network |
Brian Wesbury & Robert Stein, First Trust Advisors |
Russell Redenbaugh & James Juliano, Kairos Capital Management |
Joshua Gottlieb & Avi Zenilman, University of Chicago |
Cooper Howard, Charles Schwab We expect the municipal bond market to return to a sense of normalcy in 2021. |
Jeff Troutner, Equius Partners |
Stephen Moore, The Hill The nation does not need one more unwise federal bailout. |
Neil Irwin, The New York Times A roaring recovery is in sight, but a lot depends on what Congress does next for the winter economy. |
Nicole Gelinas, New York Post Blas is bent on ruining Midtown's Christmas. Did you really think 2020 couldn't get dumber? On Wednesday, Rockefeller Center will light its Christmas... |
Alexandra Sternlicht, Forbes Let Nike pay billions for superstars to rock the swoosh. Twenty-eight-year-old Ben Francis has become a near-billionaire by paying relative pennies to social media fitness fanatics to pump up his brand. |
Lawrence Reed, Foundation for Economic Education Encouragement. |
Kevin Mooney, Washington Examiner If you thought President-elect Joe Biden's promise to go carbon neutral within 15 years was merely campaign rhetoric, think again. |
Matt Egan, CNN The gloom-and-doom dominating the oil industry is finally starting to ease just a bit. |
E.J. McMahon, City Journal With legislative supermajorities in Albany, Democrats look poised to push the state even further leftward. |
Chad Bayse, The Hill We are in the Digital Age when jobs are scarce. It is time for the federal government to reflect this reality. |
Editorial, The New York Times Nothing greases the gears of government quite like pork. |
Brad Polumbo, Foundation for Economic Education Say what you will about left-wing darling Rep. Alexandria Ocasio-Cortez, but she knows how to get a message across on social media. One of the youngest members of the House of Representatives, the New York Democrat and socialist boasts 8.1 million Instagram followers. |
Dan Hannan, Washington Examiner "The Pacific Ocean," prophesied William H Seward in 1852, "its shores, its islands and the vast regions beyond, will become the chief theatre of events in the world's great hereafter." |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Julie Segal, Institutional Investor There are plenty of investment opportunities to go around â?" yet investment professionals spend their time fighting over the limited alpha in tradable markets. Rishi Ganti and Orthogon Partners have a different idea. |
James Miller, Quillette The time to begin planning our response, and designing systems to give humanity a fighting chance, is now. |
Sam Rutzick, Reason Despite Elizabeth Warren's contention that it is the "single most effective economic stimulus that is available through executive action," forgiving student debt is a bad idea. |
Ed Yardeni, Dr. Ed's Blog With viruses and treatments coming early next year 2021 may mark the beginning of another Roaring 20s. |
Claire Jones, FT Alphaville Looks like global banks have found a nice little swap line discrepancy. |
Christine Benz, Morningstar Late in the bull market, appreciated assets can be ripe for the picking by the charitably inclined. |
Julie Segal, Institutional Investor Billy Beane seems to think so. |
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