This does not come from some rose colored glasses, “The future is copacetic” kind of article. It comes from ConsumerReports, a pretty sober and practical publication. We have all read the stories that Americans are not saving enough and it’s probably true. It is estimated that 14% of Americans over 65 have no retirement savings […]
News
Yes, We Are Going To Have A Correction!!… Now Get Over It…
The stock market reached bottom in mid-winter, 2009. We are now in the sixth year of this Bull market. The rise in stocks has been very broad-based with most industries benefitting. And volatility has been very low. The chart below shows this is the fourth longest Bull run in the last 85 years without a […]
Grocery Shopping Disrupted…
Buying food today is no longer as simple as showing up at the supermarket to fill up your cart. Now you can go to the farmers’ market and spend a small fortune on local organic duck eggs, white rose nectarines, and artisanal breads. You can pick up a gallon of milk and a pound of […]
What Is An Investment Policy Statement and Why Non-Profits Need One…
We manage funds for a wide range of non-profit entities. While they differ in many respects, most face the central challenge of prudently managing funds entrusted to them by donors. Typically the finance or investment committees tasked with this charge face two problems. First, committee members may or may not have the expertise needed to […]
Tri Minh Quartet at Flynn Space September 28th
Hanson & Doremus proudly supports musical events Burlington’s Flynn Theatre. On September 28, 2014 the sophisticated, versatile, and lithe, Tri Minh Quartet will be performing. With mixes of electronica, acoustic instruments, and traditional Vietnamese motifs in an evening of collaborative improvised works, Sounds from Hanoi echoes Hanoi’s experimental side, and sheds light on an unsung […]
The China Brand? There Yet?…
China is a great manufacturing success and the Chinese economy has grown exponentially since the early 1980’s. No other country has even done what China has over such a sustained period. But people are hard pressed to name a global brand from China. They make the components but now they need to take the next […]
“You Don’t Take Trips, Trips Take You…”
This from John Steinbeck’s Travels With Charley In Search of America. I was in North Dakota two years ago seeing the Bakken oil fields. I noticed on a map a road that goes straight down the country from the Canadian border north of Minot to Brownsville, Texas. I knew a heartland American road trip was […]
Stocks That Do Better Over Time…
What has done well in the five years since the financial crisis? The chart below shows 5-year average annual returns for an admittedly haphazard selection of assets, styles, sizes, sectors, countries, and index providers. US real estate investment trusts did remarkably well and were followed closely by mid-cap value and small-cap growth stocks. U.S. stocks […]
Observations From The Great Minds…
Every now and then, a long-time financial writer retires and pens his parting words to a loyal fan base. These pieces are always interesting because the departing author finally gets to say what they really think. Here are few useful ones that we have run across recently. Brad Perry, former President and Chairman of money […]
Our Energy Future – Two Takes…
The Wall Street Journal turned 125 years old this month. To celebrate, the paper published a twenty-five page look at the future titled, “WSJ 125”. Daniel Yergin the well-known energy commentator and the author of The Quest gave his take on what energy will look like two decades from now. The chart at the bottom […]
So Where is the Next Economic Shock?…
I wish I knew. The nature of shocks is they usually come out of left field. But still we fret. Individual investors are apprehensive today, concerned about the recovery and wondering where the next Bubble is. Owners of stock are enjoying the fruits of a rising market but they are not true believers. Wall Street […]
Endlessly Striving and Stressed…
Whenever I visit Korea, as I did several weeks ago, the pace of change never ceases to amaze me. Fashion, food, language, and the shape of the skyline are in constant flux. More English phrases and slang pepper everyday conversation. Koreans look taller and more beautiful on each visit. Whole neighborhoods transform. There are more […]
