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Archives for October 2016

America’s Annual Trade Surplus from 1870 to 1970

October 25, 2017 By Dick Young

What kind of government structure would allow our country to outsource its future? Exactly what has happened to turn America into a world trade banana republic? Pat Buchanan offers gory details: America’s allies are cheating and robbing her blind on trade. According to the WTO, Britain, France, Spain, Germany, and the EU pumped $22 billion in illegal subsidies into Airbus to swindle Boeing out of the sale of 375 commercial jets. Subsidies to the A320 caused lost sales of 271 Boeing 737s, writes journalist Alan Boyle. Yet even as Europeans collude and cheat to capture America’s … [Read more...]

Are You Taking Advantage of Your RMD?

October 25, 2017 By E.J. Smith

You know that if you’re over 70 1/2, and have a tax deferred account, this is the time of year that the IRS required minimum distribution (RMD) can sneak up on you. I’ve already had a number of conversations over the last few weeks with clients of our money management business.  (Even if you're not a client, you can sign up here for our free monthly client letter). You don’t want to wait until the last minute to discuss your RMD. This piece should help you as you ponder your options. You saved for years to get to retirement—contributing to a traditional 401(k) or IRA. Now it’s time to dip … [Read more...]

The Future of the Car is Here: It is Electric

October 25, 2017 By Dick Young

MIT Technology Review offers the exciting view from Paris. As the doors open at the Paris Motor Show, one thing is being made abundantly clear about the future of the automobile: it’s electric. It’s been widely reported that many automakers are starting to skip big car shows. Ford, Volvo, Rolls-Royce, Aston Martin, and Lamborghini are among the manufacturers who, Bloomberg claims, would rather skip the French spectacle and spread word of new cars on social media or at more exclusive events. But for those that are in Paris, it’s clearly tres chic to be showing off an electric … [Read more...]

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