First a bit about safer cars. If you have read my blog posts you know that I expect transportation to change dramatically during the next 5 to10 years. I expect costs to be substantially reduced. I have mentioned the Uber effect. I have mentioned my niece in Chicago who uses Uber to get around town. I was with her recently, and she… Read more →
Month: July 2016
Quick Note About Interest Rates.
“On Thursday, investment-grade-rated Walt Disney Co. locked in the lowest long-term borrowing costs of any U.S. company in history when it issued 10-year bonds with a 1.85% coupon and 30-year bonds with a 3% interest rate, according to LCD, a unit of S&P Global Market Intelligence.” This news is from the WSJ on this Monday morning, July 11, 2016. What does… Read more →
Second Quarter 2016: It Was Better Than You Think.
Our investors were rewarded this quarter with positive returns. Every one. The average total return was about 2%. Domestic inflation for the quarter is not yet known, but is expected to be around .5%. FPAI clients, your second quarter preliminary asset management reports have been posted to your secure web portals. Who is Mary Barra? She is the CEO and… Read more →