11/27/2020
Today Jeffrey Tucker, AIER Do you see what is going on here? We have a medical doctor who is pronouncing on economics and she doesn’t even know it. She sums up the problem we have had this entire year. Many health officials have stepped outside their role to become central planners of the entire society and economy. They never explained why people should grant them this power. They just took it for themselves by intimidating fearful and ignorant politicians to do their bidding. |
Charlie Warzel, New York Times Each of us must make choices this Thanksgiving to keep the pandemic from getting even worse. |
Ken Fisher, RCM Following America’s election, you may be blissful over Biden’s win or terrified by Trump’s (apparent) defeat. But cold, emotionless stocks view this election differently. The absence of a blue or red wave leaves razor-thin electoral margins rendering big legislative change dead on arrival. However you feel about this-or-that race’s outcome, that’s great stock market news. In October, I detailed why falling uncertainty boosts stocks after elections. Now clarity comes and stocks are jumping. Since the vote, the S&P 500 is up 7.9%. World stocks are up more,... |
Mark Hulbert, MarketWatch Too many overreact to the data, good or bad |
Tomas Philipson, Washington Examiner People accept as fact that the polling industry epically failed in the 2016 and 2020 elections, particularly Democratic pollsters. The predicted "blue wave" never materialized in either election, even though most polls showed Democrats with an insurmountable lead. To many, the industry performed even worse in 2020 than it did in 2016, given the even larger differences between predicted and actual votes. Many have asked what changes can be made to avoid this in 2024. |
Ruth Margolis, 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. |
Joyce Howell, The Hill Federal workers are up for the challenge and waiting to get started. But first â?" see us, listen to us, earn our trust. Help us help you. |
Ralph Benko, Newsmax Joe Biden's selection of Janet Yellen as his treasury secretary should cure conservatives with Biden Derangement Syndrome of their fears. |
Brian Stelter, CNN Fox News is taking action to stave off newfound competition from Newsmax TV. |
Mike Vaccaro, New York Post According to the legend, this was before the 1934 baseball season. New York City was baseball flush, as always. The Giants had won the 1933 World Series. The... |
Jack Ryan, RCM In 1996 the Department of Justice unsettled Wall Street as it dismantled a hidden system of price fixing among stock traders on the NASDAQ. I was there. I worked at Goldman Sachs as a partner at a time when we realized this entire system was holding back consumers’ access to personal wealth and limiting the overall market’s success. The case remade the American public’s relationship with the stock market and allowed companies new levels of freedom to raise capital and innovate. The DOJ investigation began with an academic article from two finance professors studying an odd... |
Steven Greenhut, TAS Biden isn't Sanders, but stay tuned as the most dangerous monopoly (the federal government) gets more aggressive. |
Carrie Schwab-Pomerantz, Charles Schwab Is your holiday budget tighter this year? That doesn't mean your gifts can't be just as meaningfulâ?"maybe even more so, says Carrie-Schwab Pomerantz. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Richard Moody, Regions Bank |
Rob Williams, Charles Schwab Five resolutions to reshape your finances in the year ahead. |
Ryan Detrick, LPL Financial Research Economic Blog Leading economic indicators are confirming what high-frequency data has been telling us for weeks: The rate of the domestic economic recovery, while still positive, is slowing. |
Liz Ann Sonders, Charles Schwab Recent positive COVID-19 vaccine may represent a light at the end of the tunnel; but the resurgent virus means we're still in the darkest part of the tunnel. |
Brian Riedl, Manhattan Institute The latest long-term budget estimates from the Congressional Budget Office (CBO) show unsustainable growth of government debt (Chart 1). This debtâ?"which was 40% of the economy before the 2008 recessionâ?"will surpass 100% this year, on its way to 195% of the economy in 30 years.[1] And this... |
Matt Egan, CNN Janet Yellen checks all the boxes in President-elect Joe Biden's quest to find a Treasury secretary who won't spook Wall Street, alienate progressives or forget about Main Street's plight. |
Christy Bieber, Motley Fool Social Security benefits are an important source of retirement income, but they can't be your sole source. That's because they aren't designed to replace enough of your pre-retirement income to maintain your standard of living. |
Mark Hulbert, MarketWatch U.S. stocks rise in three out of every four years, especially the first year of a presidential term. |
Chuck DeVore, The Examiner The Fraser Institute is out with its new yearly assessment of Economic Freedom in North America. Fraser, based in British Columbia, Canada, ranks both nations and states internationally and in North America for their economic freedom, measuring factors such as tax rates, government spending, and labor laws. |
Michael Gibson, City Journal A new book argues that Silicon Valley was built on sand. |
Art Carden, American Institute for Economic Research The late 1970s and early 1980s were a turbulent time on the music scene. “Punk rock” came into vogue. Disco was breathing its last. A band of teenage girls called The Runaways went through several lineups and had a minor hit with “Cherry Bomb.” They never really got that far in the United States or Europe, but they opened for several prominent bands. They also made it big in Japan. Several Runaways became stars after the band broke up. Lita Ford went on to solo success. Original member Micki Steele joined the Bangles. The group’s biggest eventual star... |
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 The AMA is a tax exempt hedge fund and licensing corporation. |
Stephen S. Roach, Project Syndicate As financial markets celebrate the coming vaccine-led boom, the confluence of epidemiological and political aftershocks has pushed us back into a quagmire of heightened economic vulnerability. In Dickensian terms, to reach a "spring of hope," we first must endure a "winter of despair." |
David Wills, Quillette A new documentary covers the rise of Freak Power, a grassroots political movement founded by gonzo journalist Hunter S. Thompson. |
Art Carden, AIER Joan Jett was rejected by 23 record labels and finally just did it herself. |
Tyler Cowen, Marginal Revolution We can all admit now that it isn’t a bubble, right? Of course you still might think the current price is too high, as returns are a (near) random walk. |
Ironman, Political Calculations Thanksgiving is the quintessential American holiday, and for many American households, turkey is the centerpiece of their Thanksgiving dinner. |
Jonathan Ellen, City Journal Vaccine news offers optimism. |
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