Energy

Global Warming: To Be, Or Not To Be - Why That Shouldn't Be The Question

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TOSS-UP: Over the past ten years, the rapid ascension of global warming to the top of the political priority list has revolutionized the way Americans think about energy.  Regardless of whether you believe in global warming or not, it is undeniable that the global warming debate has placed a glaring spotlight squarely on the way we utilize energy in our daily lives.  It has made us rethink how much energy we use, what we derive our energy from, and who we want to pay for that energy.   However, we don’t even need globally warming to realize that America needs a drastically different energy policy and strategy.  If anything, the increased focus on the politics of global warming, like the process of global warming itself, has spawned a host of unforeseen consequences. Continue reading Global Warming: To Be, Or Not To Be – Why That Shouldn’t Be The Question

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Markets and Finance

Pinching Pennies: The Savings Rate and The Road to Economic Recovery

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FEATURE: A penny saved is a penny earned. I first learned that critical life lesson at the age of eleven, when I begged my mom to let me spend my entire month’s allowance on a one-of-a-kind Punchers the Lobster Beanie Baby. She strongly advised against it, and I eventually capitulated. In this case, deferring consumption was a good thing because instead of blowing my cash on a whim, I was able to save up and buy something I really wanted down the road—a pair of black velvet overalls from The Limited Too! Continue reading Pinching Pennies: The Savings Rate and The Road to Economic Recovery

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Consumer and Retail

Uncorked: The “New Normal” in the Wine Industry

wine2FEATURE: The current economic climate has forced the majority of wine consumers to look to less expensive options when grabbing wine off the shelf or sorting through restaurant wine lists. The recession hit the wine industry at a time when businesses were booming and shamelessly increasing markups. Grape growers subsequently followed by increasing the cost of buying fruit by the ton for top vineyards. Pricing was getting out of control, as consumers displayed their willingness to spend excessive amounts on their go-to bottle of Chardonnay. Still, even as consumers are forced to pinch their pocketbooks and save their pennies, overall consumption has remained level. However, the average price point is dipping at an alarming rate for wineries who built their business models around $50 bottles of Pinot Noir and Syrah.  Continue reading Uncorked: The “New Normal” in the Wine Industry

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Markets and Finance

Year Closeout Market Dynamics: Appropriate Valuations?

SP500-performanceQUICKVIEW: Equity market dynamics at the end of the calendar year sometimes feel a bit arbitrary.  Cheery holiday sentiment combined with a desire to close out the year strong leads to market occurrences not necessarily consistent with the rest of the year.  And December 2009 certainly saw some interesting market forces.

Continue reading Year Closeout Market Dynamics: Appropriate Valuations?

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