Japanese women are using their luxury handbags for a savvy currency play. Photo Source Komehyo The economic mood in Japan is brightening and consumer confidence is way up. That is the word anyway from Takuji Ishihara — not an economist but the president of Komehyo, a well known dealer in secondhand high-end handbags. Working across from […]
News & Insights
When Life Gives You Lemons
… make lemonade. Sounds easy but it is not. After you have been knocked down you need a lot of resilience to get back up. Resilience is the ability to recover when bad things happen. We usually think of resilience as pertaining to big things like a death in the family, divorce or the loss […]
It’s The Country of the Next Twenty Years
… and always has been.” Brazil is a country of highs and lows. It is enormous. Brazil and Mexico make up half of South America’s total GDP. Brazil is blessed with natural resources, abundant rivers, a dynamic manufacturing base and a growing middle class. Unfortunately Brazil has always been able to snatch defeat from the […]
We Are Not Rational
Here are some questions to ponder: • Why would someone drive 10 minutes to a get a $10 discount on a $45 clock radio but not do the same for a $10 discount on a $495 television? • Why would someone refuse to pay an exorbitant $10 to get his lawn mowed but refuse to […]
Holding Hedge Funds’ Feet to the Fire
As investment products go, hedge funds have to be considered a big success. Today over 10,000 funds manage an estimated $2.8 trillion in assets, a level that has tripled since 2004 alone. Ironically, this growth has taken place in the face of rather lack-luster performance results. For the sixth consecutive year, hedge funds failed to […]
Hanson & Doremus Relay Team Finishes in Top 30% on May 24, 2015
Runners Michelle Everleth-Trull, Anne Doremus, Eric Lafayette, Jordan Boyle, Sven Eklof The Vermont City Marathon & Relay is a USATF certified course and starts at Battery Park overlooking Lake Champlain and the Adirondack Mountains. The opening miles are run through tree-lined residential streets and Burlington’s pedestrian Marketplace where enthusiastic spectators cheer. On the Northern Connector there […]
Have Goals? Then Keep it Simple
When we resolve to eat healthier, read more, watch less television, or become more productive at work, it’s hard to actually follow through and become that better person we want to be. What’s easy is avoiding the hard projects at work while we check Facebook and email first, or grabbing a quick cookie instead of […]
A Journey on the Old Silk Road
“We travel not for trafficking alone: By hotter winds our fiery hearts are fanned: For lust of knowing what should not be known We make the Golden Journey to Samarkand.” – James Elroy Flecker The Golden Journey to Samarkand (1913). Central Asia brings to mind many images: vast uncharted deserts, camel caravans […]
The Stock Price Valuation Debate
Fed Chair Janet Yellen’s early May pronouncement that “…equity market valuations at this point are generally quite high” caused quite a stir with investors concerned that another market “correction” was just around the corner. Many who believe that stocks are overvalued today point to recent readings of the Cyclically-Adjusted Price to Earnings (CAPE) ratio. This […]
Investment Success
“Investing is not a game where the guy with the 160 IQ beats the guy with the 130 IQ… what you need is the temperament to control the urges that get other people into trouble in investing.” Warren Buffett Professional money managers need to become proficient in a wide range of subjects including statistics, accounting […]
The State of your Wallet
Yogi Berra, the New York Yankee catcher/philosopher once said, “A nickel ain’t worth a dime anymore.” Prices just keep going up, up and up every year. Well there is some good news on this front in this year’s edition of the Hanson Index of Essential Burlington Prices. First, the Consumer Price Index (CPI- all urban […]
It’s More Important Than You Thought
The first Social Security check was mailed in January, 1940 to Ida May Fuller of Ludlow, Vermont. She received a monthly benefit of $22.54. Times have changed and Social Security is now an even bigger part of everyone’s life. It is estimated that a married couple who have earned at or above the payroll tax […]
