Perspectives

Posted: Wednesday, June 21, 2017
Demographically, we are dealing with several trends. One is the impact of fewer immigrants available to employ. Another is fewer people entering the workforce, relative to those who conventionally retire.  Because of these two trends, the future of work resides with those who will work over the age...
Posted: Wednesday, May 03, 2017
Much was made last weekend of the milestone of the first one hundred days of the Trump administration. Supporters found inspiration, critics found fault—this was the same thing voters were doing a hundred days ago. What has changed is the perception of what will emerge from this administration. The...
Posted: Friday, March 31, 2017
Investors are constantly looking for the equivalent of the philosopher’s stone. In the middle ages, such a stone was reputed to turn base metals (like lead) into gold. While many a chemist died from the fumes created from such experiments, no one thought to ask the question: if anyone had been...
Posted: Friday, February 24, 2017
This week, members of congress are supposedly spending a recess to converse with town hall voters in their respective districts. Like eight years ago, that is not exactly happening. In 2009, President Obama unveiled his Affordable Care Act (ACA) which set off a firestorm of pushback from voters...
Posted: Friday, December 30, 2016
The end of a year and the start of another tend to get the mind to focus on milestones, even if they are arbitrary, set by the calendar. Normally, forecasting falls back on either extrapolation of recent trends or an analysis of potential changes to those same trends, based on things seen in the...
Posted: Wednesday, November 30, 2016
In the nineteenth century, the English poet John Godfrey Saxe penned The Blind Men and the Elephant. The poem was based on an Indian fable, which recorded the different impressions each of six blind men had of an elephant, depending on which part of the animal they came into contact. One blind man...