Electricity:  The Peak Demand Problem

Demand for electricity tends to peak in the early evening.  Managing peak demand in an environmentally and economically sound matrix is difficult. Load balancing has always been a problem for electric power systems, both because most large scale electric generators operate most efficiently at constant rates and the cost of creating a system that is … Continued

Autonomous Vehicles

A number of well known companies, such as Tesla, Google, Apple and the auto companies, have demonstrated a significant interest in developing autonomous vehicles ostensibly as a path to reducing human input, which is generally considered to be the primary cause of vehicular accidents.  Considering that more than 30,000 people lose their lives on America’s highways … Continued

Underwhelming Economic Growth

Recently released second quarter data suggest that the economic recovery continues to be somewhat lackluster with a seasonally and inflation adjusted increase of 1.2% for the period.  The economy appears to be growing at a 1% rate in 2016 and 2.1% since the end of the recession, the weakest expansion since at least 1949. There … Continued

Planning for your digital afterlife

Not too long ago, I attended the funeral of a good friend who was taken way too early from our lives.   Her family was having difficulty figuring out how to access a Shutterfly account that she had been using to store photos of her children.  It took them a few weeks, but they were finally … Continued

The Jobs Dilemma

On the one hand, we have an unemployment rate of 4.7%.  On the other hand, we have essentially record low work force participation of less than 63%.  There are a number of suggested explanations, usually with little or no definitive substantiation. Employers tend to focus on the lack of potential employees with the appropriate skills. … Continued

Elections and Investing

It is generally accepted that politics and religion are not suitable topics for discussion in polite company. That is probably good advice, but media coverage of politics and the election is going to intensify over the next three months.  This is normal, although this election cycle is generally considered to be unusual.  Both candidates have … Continued

Keep Calm and Carry On

Keep Calm and Carry On was a motivational poster produced by the British government in 1939 in preparation for WWII. Considering the short lived furor over Brexit, and all of the disquieting news from around the world, this may still be good advice. Prior to the actual Brexit vote, nearly all of the pundits, pollsters, … Continued

Where’s Waldo

On several occasions over my career providing wealth management counseling to clients, I have run across the phrase from new clients that, “My broker doesn’t charge me.”  I usually ask, “Do you work for free too?” The confusion comes in when one does not explicitly “write a check” for services, but instead, has fees that … Continued