2023

May 30, 2023 The much-publicized coronation of King Charles III was followed that same day by what is often termed the “Woodstock for Capitalists,” namely the Berkshire Hathaway AGM featuring its CEO Warren Buffett. It was a busy day for…

5/22/2023 As you will remember, 2008 was a painful time. The Subprime Mortgage Crisis caused the collapse of several major financial institutions and President Bush signed The Housing and Economic Recovery Act (HERA) into law. This established the Federal Housing…

5/22/2023 As you will remember, 2008 was a painful time. The Subprime Mortgage Crisis caused the collapse of several major financial institutions and President Bush signed The Housing and Economic Recovery Act (HERA) into law. This established the Federal Housing…

5/15/2023 In anticipation of the rollout of the Federal Reserve’s new money transfer service, “FedNow,” in July, I explored the evolution of electronic payments in the US to better understand the likely impact of this infrastructure upgrade.    The first…

5/8/2023 The Federal Reserve managed to steer our economy into a tight bend of non-transitory inflation. Now the Fed is trying to correct its path without losing control. The markets look on aghast. Some key spectators remain optimistic that there…

5/1/2023 Traffic is back with full force in Atlanta, especially on Peachtree Street near our offices in Midtown. Multiple high-rise construction projects attract a near-constant flow of deliveries, resulting in lane closures as cranes reposition oversized construction material. While Midtown…

April 27, 2020 With short-term interest rates back near zero and more volatility in equity markets, many investors are looking for the best place to stash some cash. After just a few years of relative respite, savers are once again…

4/24/2023 This past Monday nearly 30,000 runners from more than 100 countries took to the starting line of the 127th Boston Marathon. Arriving at the starting line is no easy feat. For most, it requires a qualifying time that seems impossible…

4/17/2023 It is that time of year again – tomorrow, April 18th, is the official US tax filing deadline for individuals and corporations.  While not a holiday that many outside the walls of the IRS look forward to, it is…

4/10/2023 The shocking collapse of Silicon Valley Bank and Signature Bank has uncovered the often-misunderstood risk that held to maturity securities and the lack of risk management oversight pose to our banking system.  When most individuals invest in bonds, they…