Monday, February 27, 2017

Forbes: Mr. Trump, Here's Why Trade Deficits Are Good

By SIMON CONSTABLE

President Trump seems to have the wrong end of the stick when it comes to trade deficits.

He seems to think big trade deficits mean the U.S. is losing in the game of international trade. But nothing could be further from the truth. They are good: The bigger the better, in fact.

Here's what you need to know:

Saturday, February 25, 2017

Forbes: Why You Shouldn't Look Down On Your Depressed Colleagues

By SIMON CONSTABLE

How well do we really know whether someone has a hard life or not? Not very much at all.
That's the first big takeaway from Daphne Merkin's recently published book, This Close To Happy: A Reckoning With Depression. Read more here.


Wednesday, February 22, 2017

U.S. News: Rocks and Concrete Might Be Good Bets for Investors

By SIMON CONSTABLE

When it comes to industrial materials, there isn't much more basic than rocks and concrete. But they might just be a good investment under the Trump administration.

"Infrastructure spending is coming," says Craig Hodges, a portfolio manager with Hodges Funds. "Airports and roads are deplorable – there needs to be major spending on that."

The phrase "major spending" isn't used lightly. The Trump team wants to spend around $1 trillion on fixing worn-out bridges and airports. Read more here.

Tuesday, February 21, 2017

Forbes: What Is Causing The Spike In Economic Uncertainty? It's Not Trump

By SIMON CONSTABLE
Last month a key indicator of economic uncertainty reached yet another record high. Listening to some people you might be forgiven for thinking that the problem is Donald Trump's administration. The data say otherwise. Read more here.

Thursday, February 16, 2017

No.3: Tomaas -- Go Your Own Way

By SIMON CONSTABLE

It is something of a truism that there is never a right time to switch career. But it’s hard to imagine a worse time to move into photography than 2007, the very eve of the worst financial crisis since the Great Depression of the 1930s. Still, for Tomaas the time was right. Read more here.


Wednesday, February 15, 2017

U.S. News: Municipal Bonds Are Less Attractive in 2017

By SIMON CONSTABLE

The new administration seems firmly committed to slashing individual tax rates. That's good, but it raises the issue of whether it still makes sense to invest in municipal bonds.

These securities typically have some favorable tax-related attributes. Interest income from muni bonds is usually exempt from federal taxes and in many cases from state income taxes, also.

Whether you own some of these securities or not, there are some things you need to know. Read more here.

Tuesday, February 14, 2017

Forbes: Why Mnuchin Must Keep The Dollar Strong

By SIMON CONSTABLE

Treasury Secretary Steve Mnuchin must resist calls to weaken the greenback. Despite claims to the contrary, letting the dollar drop would do little to boost the economy and much to harm it. Here's what you need to know.