11/01/2021
Today
Rob Smith, RCM Vladimir Lenin stated, if the government tells a lie often enough, it becomes the truth. Nowhere is this maxim more true or relevant than on the subject of "climate change." Right now, Brandon is in Rome for a G-20 climate summit where empty suits will gasbag about the earth's imminent destruction in 10 years due to fossil fuels. Yawn. Using fear as a political tool to control the masses has been a tool of tyrants since the Sumerians. They want your money, so they can spend it, and in order to get it, they need to make up a big lie to scare you into submission. Most politicians could not... |
Jordan Weissmann, Slate The Tesla founder ought to give his dumb boob joke some serious thought. |
John Tamny, Forbes A valuation that has nothing to do with a federal subsidy, and everything to do with a future that politicians have no capacity to imagine, and as such, one they can't subsidize. |
Charles Gasparino, New York Post Give him Eric Adams no credit for being so delusional that he thinks the lefties in Albany and the City Council as well as people like AOC in Washington are listening to a word of his. |
Michael Hiltzik, LAT Biden's latest plan remains a huge advance for the middle and working classes. |
Editorial, Issues & Insights A poor GDP number is inextricably linked to the Democrats' plans to tax and spend as never before. |
Peter Weber, The Week The social media giant is under intense scrutiny. But can it be reined in? |
Market Minder, Fisher Investments To no one's great surprise—and probably to stocks' least of all—supply chain hiccups slowed Q3 growth. |
Julia Horowitz, CNN As world leaders gather in Glasgow for the COP26 climate summit on Sunday, there are plenty of reasons for companies and investors to watch closely. |
Trish Regan, American Consequences The Sin City strip is dotted with posh shops, beckoning those looking to spend thousands – in short, American consumerism is alive and well. |
Li Zhou, Vox Just 8 percent of low-wage workers have access to paid family leave, compared to 20 percent of all workers. |
Kerry Kennedy & Peter Edelman, The Hill While the structure is in place for the child tax to continue permanently, new money must be appropriated beyond next year in order for the credit to be renewed. |
Richard Moody, Regions Bank |
Jerry Bowyer, VF There are lots of ways to classify stocks in various indices, but today let's look at them according to size, and their performance during high inflation. |
David Kastner, Charles Schwab Sectors tend to have different reactions to sustained inflation. |
Dave Goetsch, Equius Partners I've been working in sitcom writing rooms for the past 25 years, and one of the most discussed, and least understood, topics is investing. To be in one of those rooms means that you have already beaten odds. In success, the financial benefits can be fast and huge (Google "writer" plus "nine figure deal"), but in failure, the financial misfortune can come even faster and be even more extreme. |
Jeffrey Kleintop, Charles Schwab Services make up more of the economy, jobs, and the stock market. The time has come to focus on services data to get a sense of the overall economic picture. |
Asset Allocation Team, GMO Bubbles inflict deep and cruel wounds that can last for decades, which is why we believe it is prudent to avoid them, exploit them, or dance around them as best we can. |
Jerry Bowyer, Vident Financial Let's zoom in and look at some indices during periods of high and low inflation. |
Peter Singer, Project Syndicate The opening of the global economy over the past 30 years enriched multinational corporations, which have been able to shift profits to wherever the corporate tax rate is lowest. The G20 can take one step toward remedying that by accepting the proposed 15% minimum rate, but it should go much further. |
Emily Stewart, Vox Are billionaires best at deciding what to do with money? |
John Rekenthaler, Morningstar There's always a catch. |
Steven Greenhut, Reason The land was taken in 1924 in order to kick a black family out of Manhattan Beach, California. |
Ron Lieber, New York Times Overconfidence is bad, and women are less likely to fall victim to it. |
Nate Freeman, Vanity Fair Not so long ago, Christian Rosa was a buzzy young artist on the rise. Now he's facing a series of charges related to alleged forgeries and on the run from the FBI. How did it come to this? |
Mark Hulbert, MarketWatch Faster earnings growth generates higher stock market returns --- just as you'd expect. |
Michael J. Boskin, Project Syndicate While all politicians exaggerate, US President Joe Biden's claim that his proposed $3.5 trillion spending package "costs zero dollars" rises to a higher plane, and Americans aren't buying it. Even if the legislation was fully covered by tax increases, the costs for the economy would be significant. |
Joshua M Brown, The Reformed Broker They don't teach this in school. |
Eric Boehm, Reason If the power to his house went out during a storm, one assumes Hawley would declare electricity to be a mistake and demand that homes be lit with candles. |
Ruth Saldanha, MStar March 2020. The oil-pocalypse. The emerging-markets party that never came. Gather round and hear these tales of horror, and learn from these mistakes. |
Craig Shapiro, Collaborative Fund Don't be afraid to let the bandwagon pass you by. |
Siddharth Venkataramakrishnan, FT Alphaville How the tale of Slender Man can explain the rise of QAnon. |
Anatole Kaletsky, Evergreen Gavekal I believe that the world economy now faces conditions more akin to the 1950s than any other decade. |
Benji Jones, Vox The president's Build Back Better proposal could be a game changer for US forests. |
Barry Ritholtz, The Big Picture Whenever you read a scary headline, ask yourself these questions. |
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