Time Is Money

Recent data provided by the Panama Canal Authority suggests that total annual revenues for 2018 will be ahead of a strong 2017.  Approximately half of both revenues and crossings comes from shipments to U.S. East Coast ports. The alternative route for shipments from Asia uses the Suez Canal.  Sailing time via the Panama Canal is … Continued

The Trend is Your Friend

“The trend is your friend” is one of Wall Street’s best-known sayings, although the message is incomplete.  A more accurate version would be, “The trend is your friend, until the end, when it bends.” If you are market timing, which we do not recommend, the trick to investing is to be patient through small fluctuations … Continued

Transparent Investment Management

Transparency is a term that dominates in the business world. A good business leader, at the helm of their organization, promotes transparency with the hope that their organization will thrive as a result.  Transparency also is a term in vogue in the investment management industry. Investment advisory clients can easily become accepting of investment decisions … Continued

Consumers and Taxes

It is generally accepted that the U.S. economy is largely consumer driven.  It is also probably true that most Americans spend virtually all of their income.  Therefore, anything that reduces consumers’ disposable income may expose the U.S. economy to additional risks. With that in mind, investors could benefit by giving some consideration to the nature … Continued

Understanding the Social Security Trust Fund

It is generally accepted that longer life expectancies and the gradual retirement of the baby boomer generation are combining to raise questions as to the sustainability of current levels of Social Security distributions beyond 2034. The Social Security Administration collects payroll taxes and uses the money collected to pay Old-Age, Survivors, and Disability Insurance benefits … Continued

Understanding the Big Picture

When considering a possible investment, it is important to understand the big picture as opposed to focusing on a single issue.  In general terms, business activity includes both supply and demand.  This translates into determining whether a product or service can be provided at a price that is profitable to the supplier and attractive to … Continued