Your Daily Scan of the New Global Economy

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The Dismal Science
Trillions on Unemployment Alone [ED NOTE: Shane is out on vacation today but he didn’t leave you hanging. Today’s issue features content from guest editor and macroeconomic expert Graham Summers. And if you miss Shane all that much, the latest episode of the One Last Thing podcast just dropped. You can listen for free here...
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Fastly Sees Lightning Growth Yesterday, we looked at a Daily Price Chart of Chipotle Mexican Grill, Inc., noting that the stock had been making a series of higher highs and higher lows. Today’s Chart of the Day is a Moving Average Convergence/ Divergence (MACD) Chart for Fastly, Inc. (NYSE: FSLY). Fastly, Inc. operates an edge...
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How About Permanently Closing Public Schools? Amidst the death and suffering arising from the coronavirus crisis, people have the an opportunity to ponder some important questions about life and liberty. One question arises in the context of when state and local officials should force children back into school: Why should the state be involved in...
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Should You Get Tested for COVID-19? What is a “confirmed case” of COVID-19? No.  This is not a trick question.  It’s someone who has tested positive for COVID–19.  Meaning, you can be perfectly healthy, test positive, and become a “confirmed case.”  (You are therefore classified as “asymptomatic.”) So, in light of all of the incredibly...
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Maslow’s Hierarchy of Cool Stuff I Want Facebook Surges to All–Time High as it Announces Facebook Shops Every day is Cyber Monday When You Can’t Go Outside Mayor Lies in Coffin and Pretends to Be Dead After Breaking Lockdown to Go Drinking Advice from the Markets: Invest in Precious Metals  TECH  Facebook Surges to All-Time...
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Chipotle Wraps Up Higher Highs and Lows Yesterday, we looked at a Daily Price Chart of Allogene Therapeutics, Inc. noting the stock’s 50–Day EMA was trading above the 100–Day EMA signaling a bullish trend. Today’s Chart of the Day is for Chipotle Mexican Grill Inc. (NYSE: CMG). Chipotle Mexican Grill, Inc., together with its subsidiaries,...
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#NeverNeeded Regulation Report: Deploy Rational Science-Based Policies for Medical Plant Sterilization After an EPA program produced a highly flawed assessment in 2016 that vastly overstated the risk of Ethylene Oxide (EtO), a critical gas used for sterilization of medical equipment, several states and localities closed medical sterilization plants. Those closures led the Food and Drug...
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Deploy Rational Science-Based Policies for Medical Plant Sterilization View Full Document as PDF Several medical supply sterilization plants have shut down during the past year because of unwarranted fearmongering about ethylene oxide (EtO), a gas used to sterilize medical equipment and for which there is no viable alternative. EtO became an issue after the U.S....
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Free Trade Raises Standards of Living I find it amazing that there are still people in life who favor trade restrictions and trade wars. If there is anything credible economists agree on, almost 145 years after the publication of Adam Smith’s treatise The Wealth of Nations, it is that free trade is a good thing....
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Why is there bipartisan support for limiting online liberty? Facebook recently announced the first 20 members of its independent Oversight Board on content moderation. Many criticized the political bent of the majority of the members. Fair enough — with 2.45 billion monthly users, some are bound to be displeased. But it’s the challenges to Facebook’s right to make...
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