03/09/2021 Today
Allison Schrager, City Journal The pandemic has exposed the flaws in the belief that people need to be manipulated into making smarter choices. |
Kelsey Piper, Vox The guidelines still urge caution around meeting up with unvaccinated people at high risk for severe disease. But the new rules are a big step toward normalcy. |
John Tamny, RCM Prices are how the market economy organizes itself. Without real prices arrived at by freely operating individuals, you have chaos. As P.J. O'Rourke long ago quipped, tragically designed Bulgarian blue jeans brought down communism. Under communism, all the wrong information is transmitted to producers. What doesn't work in total most certainly doesn't work in limited fashion. This is why all the worrying about the CCP's subsidy of Chinese industry is so overdone. These subsidies, these allegedly easy loans, blind their recipients to market realities. They slow their progress. They weaken... |
Jeffrey Tucker, American Institute for Economic Research Maybe you have noticed the rise in public incredulity toward the coronavirus narrative that you hear all day from the mainstream media. More doubts. More opposition. More protests. And far less trust. You are hardly alone. What began as a spark in the Spring of 2020 is now a raging fire. Try as they might to put it out, it is burning hotter and higher than ever before. |
Paul Davidson, USAT The end — or at least a substantial easing — of the COVID-19 pandemic is in sight, but the titanic shift toward remote work that it fostered is expected to endure, at least to some extent. And a trend that allows many Americans to work anywhere is likely to cause a reshuffling of the nation's 403 metro areas, with some losing residents no longer tethered to local offices and others gaining citizens who can work from home and enjoy a better lifestyle. |
Nicole Gelinas, NYP Gov. Cuomo, Mayor de Blasio and lawmakers should use part of Biden's federal stimulus money to support restaurants and retailers through the most direct way possible: a sales-tax holiday. |
Erin Griffith, New York Times Not by buying airplanes. Instead, the newest start-up millionaires are proceeding cautiously. |
Joseph Calhoun, Alhambra Investments I've been getting that question a lot these days. How high can rates go? It is asked in a way that seems to imply that the answer is obvious â?" not much. Why? The answer is almost always? |
Damon Linker, 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. |
Adam Andrzejewski, RealClearPolicy Call it a personal bailout for bureaucrats. The "American Rescue Plan Act of 2021" - a $1.9 trillion emergency aid package to help America recover from the coronavirus pandemic has... |
Beth Anne Mumford, RCM For decades, independent contracting has allowed individuals the freedom and flexibility to build careers on their own terms, an opportunity that has been especially advantageous for women. As a working mother, I have personally benefited from independent work, which allowed me to raise my children while building my career. But that freedom and flexibility is being threatened by proposals at the state and federal levels that would virtually outlaw this way of life. |
Adam Levy, Motley Fool Saving for retirement throughout your career may have left you with investments in several different types of accounts. By the time you retire, you could have a 401(k) from work, an IRA for additional retirement savings, and a taxable brokerage account on top of that. |
Richard Moody, Regions Bank |
Troy Bombardia, Fundamental |
Jeffrey Kleintop, Charles Schwab Should interest rates continue to climb at a more moderate pace, EM stocks may rebound and rise alongside bond yields, as they have done historically. |
Kathy Jones, Charles Schwab The spike in U.S. Treasury bond yields sent ripples throughout global markets. |
Market Minder, Fisher Investments Aside from next year's stealth income tax hike, most of the UK's new Budget looks like version 2.0 of make-believe austerity. |
Carrie Schwab-Pomerantz, Schwab The Saver's Credit is like a retirement match from Uncle Samâ?"if you qualify. Here's what you need to know. |
Jim Masturzo, Research Affiliates We compare the current value of bonds versus stocks within the context of the equity risk premium. We couple this analysis with an evaluation of possible Fed policy direction. Our conclusion is that risk assets, such as US equities and corporate bonds, are poised to benefit as are gold and other commodities due to tumbling real yields and dollar weakening. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Umair Irfan, Vox The best Covid-19 vaccine for you is most likely still the first one you can get. |
Nicole Gelinas, New York Post According to modern monetary theory, the US government can borrow indefinitely â?" but there's no such thing as a free lunch, Nicole Gelinas writes. |
Kevin Roose, The New York Times Workers with college degrees and specialized training once felt relatively safe from automation. They aren't. |
Julia Horowitz, CNN Apple shares are down more than 15% from their January high. Amazon's stock is off 11% from a recent peak in early February. And chipmaker Nvidia has seen its shares plunge nearly 19% since the middle of last month. |
Katie Rock, USA Today Last month's polar vortex and other extreme weather events from the past year in Iowa and nationally have shown us the risks of continuing to rely on fossil fuels. As fuel lines froze, large volumes of gas and coal power plants were not able to operate during extreme cold putting millions at risk. Massive power outages caused millions of people, from here in Iowa down to Texas, to survive against the raw elements. |
John Allen, The Hill Technological competition sits at the core of great power competition and ideological rivalry for the 21st century and beyond. |
Ryan Streeter, City Journal Cities hoping to attract footloose workers should embrace growth and affordability. |
G. Patrick Lynch, Law & Liberty After losing his job on Sundays, serial activist/entrepreneur Colin Kaepernick is getting into the business of Sundaes. In addition to his lucrative contract with Nike, it was announced recently that the premium ice cream brand Ben and Jerry's, well known for promoting left-wing causes, had agreed to produce a non-dairy "ice cream" named after the star social justice personality. Setting aside the fact that frozen vegetable products masquerading as ice cream is an abomination, this marketing arrangement raises a lot of interesting questions, particularly in light of the increasing frequency... |
Ryan Streeter, City Journal Cities hoping to attract footloose workers should embrace growth and affordability. |
Daniel Gros, @prosyn With governments in advanced economies continuing to keep the fiscal taps open, it is worth considering whether additional stimulus is really what the situation demands. Unlike the aftermath of the 2008 crisis, the problem today is not a lack of purchasing power, but rather circumstances unique to a viral pandemic. |
John Rekenthaler, @MorningstarInc And two ways that it does not. |
Robert J. Shiller, The New York Times Shares are very expensive, but so are bonds. Even at current prices, the economist Robert J. Shiller says, it is reasonable to keep some wealth in stocks. |
Christine Idzelis, Institutional Investor Research shows hedge funds have a trading edge following university alumni "mixers." |
Morgan Housel, Morgan Housel The huge majority of the increase in M1 is from an accounting rule change. |
jim o neill, @prosyn The sudden rise of "special purpose acquisitions companies" and cryptocurrencies speaks less to the virtues of these vehicles than to the excesses of the current bull market. In the long term, these assets will mostly fall into the same category as speculative "growth stocks" today. |
Rob Soave, Reason.com Banishing him from library shelves is a slippery slope. |
David Templeton, Horan Capital Stocks may be entering a period of further strength. |
Jamie Powell, Financial Times Revisting the crash of Cisco during the dot com crash. |
Macromon, Global Macro Monitor Here's a couple of interesting and surprising charts, which explain what has been driving the COVID economy and why the U.S. economy is set up for monster growth over the next few quarters. | |
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