When I think about the past year, a number of significant events come to mind; the heart-wrenching Ebola outbreak in Africa, the simmering conflict in Ukraine and rise of ISIS, the al Qaeda splinter group that has gained power across much of Syria and Iraq. But while all of these developments were justifiably headline grabbing, […]
Anne Doremus
Moving The Ball Forward
Investors reading press reports on the U.S. economy have good reason to be confused. On the one hand, the U.S. looks in pretty good shape when compared to its European and Asian counterparts; most of Europe appears on the brink of recession and economic growth in China continues to slowly decelerate. But, relative to historic […]
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 […]
Secular Stagnation or the Pause that Refreshes?….
For most of the last five years, economists have been scratching their heads trying to understand the causes behind the nation’s frustratingly slow recovery. High levels of indebtedness, the weak housing sector and political uncertainty have all been blamed. Increasingly, the notion that we may have entered a permanent slowdown is taking hold. While the […]
Bye, Bye BRICS, Hello M-Pesa
As recently as 2007, China’s economy was growing at a 14.2% rate. India’s was expanding by 10.1%, Russia’s by 8.5% and Brazil’s by 6.1%. This year, developing economies as a group will be lucky to grow 5% according to a recently released World Bank report. The causes of this slowdown range from a tightening of […]
Income Inequality – An Issue That Won’t Go Away
The stock market is hitting new highs, real estate prices are recovering and consumer balance sheets are healthier than ever. But in the face of this happy news, a growing body of research is highlighting that much of America is not participating in the prosperity. French economist Thomas Piketty is the latest to weigh in […]
Staff Running in KeyBank Vermont City Marathon and Relay
On May 25th three of our staff members will be running in the KeyBank Vermont City Marathon and Relay as “The H&D Runners.” Our runners are Jordan Boyle, Sven Eklof, and Anne Doremus, and we wish them luck!
Anne Doremus Judged Competition at UVM
Anne Doremus judged the Family Enterprise Case Competition sponsored by The University of Vermont on January 10-11, 2013. Sixteen student teams from Argentina, Canada, Chile, Columbia, Malaysia, Mexico, Netherlands, Spain, Sweden, and the USA presented their business case model writing and analysis.