Young Research & Publishing Inc.

Investment Research Since 1978

A Country in Decline

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Newport, Rhode Island, is a wonderful place to visit this time of year. The crisp air is rejuvenating. The sun reflects brilliantly off the water. And after the craziness of summer, the less crowded streets make it a great port of call. A new ship seems to be here daily—like the beautiful Queen Elizabeth 2, which visited recently.

This is also a great time of year to have a business event in Newport. The other day, I was invited to be the guest speaker for a business group. Below are a few charts I discussed with them. These charts tell the story of a country in over its head, in the midst of a nonexistent housing recovery, with a currency that’s been in decline.

 

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E.J. Smith

Editor-in-Chief
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com.