Perspectives

Posted: Sunday, February 01, 2015
On February 19, the CEO of Walmart sent shockwaves through the private sector by announcing that, beginning in April, Walmart will raise its minimum wage to $9 per hour, and raise it again to $10 per hour in 2016. With 1.3 million employees, Walmart is the country’s largest private sector employer...
Filed Under: Perspectives
Posted: Thursday, January 01, 2015
2015 is getting off to an inauspicious start. The slide in oil, which began in the second half of 2014, has accelerated. Its decline has led to a host of winners and losers, some more obvious than others. It has also led to a good deal of financial panic, as investors accustomed to stable oil...
Filed Under: Perspectives
Posted: Monday, December 01, 2014
If you had not checked the financial section of a paper since December 5 of this month, you would think the market had gone nowhere. On that day, the Standard and Poors 500 Index closed sat 2,075. Last Friday, December 19, 2014 it was 2,070. During that two-week period, the index went as low as 1,...
Filed Under: Perspectives
Posted: Saturday, November 01, 2014
When Peter Lynch, the money manager who made Fidelity Magellan mutual fund a legend in its time, gave investment advice, he told people to “invest in what they know”. If there were crowds in front of a Dunkin Donut location, think about investing in Dunkin Donuts. If people were wearing athletic...
Filed Under: Perspectives
Posted: Tuesday, July 01, 2014
Recent stories have characterized the sudden slowdown in the demand for new homes as being “abnormally declining” and a threat to the economic recovery. Reasons for the decline in home construction range from higher prices to competition from existing housing. While this economic recovery has been...
Filed Under: Perspectives
Posted: Sunday, June 01, 2014
With one day left to go for the first half of the year, the Dow Jones Industrial Averages are up 1.66 percent year-to-date. The Standard and Poor’s 500 Index is up an impressive 6.09 percent and the Wilshire 5000 Index is up 5.78 percent, but the Russell 2000 Index is up only 2.22 percent. Every...
Filed Under: Perspectives