Book Review/Holiday Wishes

by Laura Ehrenberg-Chesler on December 17, 2014

in Crossvault Capital,Recommended Reading

Our good friend and PR mentor Alan Weinkrantz, who helped us develop our blog, suggested that on occasion we should post a personal recommendation or book review.  So, since the Holiday season is upon us, I thought it would be a good time to share a book recommendation.

This year I read the “Border Trilogy” by Cormac McCarthy.  The trilogy is comprised of “All the Pretty Horses”, “The Crossing”, and “Cities of the Plain”.  While the books have been in publication for over 10 years, I had not read them, and was not enthusiastic when a friend highly recommended I do so.  I was wrong.  They are some of the best books I have ever read, and I am convinced that Mr. McCarthy is one of our greatest American authors.

The books are set in Texas, New Mexico, and Mexico and follow the lives and adventures of two cowboys as their lives intersect.  The fact that the books are some of the most beautifully written, and that the stories are riveting is indisputable.  However, one of the most poignant highlights and lessons of the stories was the generosity towards strangers that was exhibited by individuals, many of whom were of  extremely modest means.  Throughout all three books, the two cowboys were taken in and given food, shelter, medical attention and comfort from complete strangers with nothing expected in return.

At this time of year let us all remember to be kind to the strangers who cross our paths;  to give food to the hungry and shelter to those who need it.

Merry Christmas and Happy New Year.


The downside of the downside in Oil

by Laura Ehrenberg-Chesler on December 11, 2014 in Economic Indicators

This morning Ed Yardeni had an interesting analysis of the downside of the recent and precipitous drop in oil prices. 1) OPEC losing market share. According to Bloomberg, OPEC yesterday lowered its production projection for 2015 by about 300,000 barrels a day, to 28.9mbd. That’s about 1.2mbd less than the group’s 12 members pumped during [...]

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Government Spending Deal Reached

by Marilou Long on December 10, 2014 in Fiscal Policy

The possibility of a government shutdown that could undermine investor confidence appears very low now.  From the linked New York Times article: WASHINGTON —  Congressional leaders reached a deal Tuesday on a more than $1 trillion spending package that would fund most of the federal government through the current fiscal year. But because negotiations on the [...]

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Oppenheimer’s Fadel Gheit on the Outlook for Oil

by Marilou Long on December 2, 2014 in Commodities
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Make it Count

by Laura Ehrenberg-Chesler on November 20, 2014 in lifestyle

Today is my birthday so I figured I could put up a repeat post that is one of my favorites from a few years ago.  My gift to our readers from Nike. “You only live once but if you do it right once is enough”  Mae West    

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Japan Slides into Recession

by Marilou Long on November 18, 2014 in Foreign Markets

Japan’s second quarter GDP fell -1.6% after falling -7.3% in the first quarter.  U.S. markets rallied sharply in October after Japan announced more efforts to stimulate their economy.  Prime Minister Abe has now announced that the planned hike in the consumption tax to 10% will be postponed.  From the linked article: The release earlier Monday of data showing [...]

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The facts about the Obamacare Excise Tax

by Laura Ehrenberg-Chesler on November 13, 2014 in Healthcare

From an article on the CNBC website: “A tax that is designed to hit employers will have the effect of harming employees,” Troy said. The Affordable Care Act included the Cadillac Tax as a means to control the spiraling cost of health care, by putting pressure on employers to offer less-generous health insurance plans than [...]

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Poppy fields in London commemorate 100 years since WWI-video by CBS News

by Marilou Long on November 11, 2014 in Tribute
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It’s Almost Fed Time

by Marilou Long on October 29, 2014 in Employment

The Federal Reserve is about to release the minutes from its two day meeting.  It is widely expected that the release will mention the end of quantitative easing, or QE.  The linked CNBC article has a good explanation of what else market participants will be looking for in the statement. Chris Rupkey, chief economist at [...]

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Dan Loeb on Recent Market Volatility-courtesy of Business Insider

by Marilou Long on October 22, 2014 in equity market

A post today on Business Insider has part of Dan Loeb’s recent letter to his investors on the recent market turmoil.  Loeb is the founder of Third Point LLC.  From the linked post: From Loeb’s letter: Before October, both market corrections and rallies back had been quick and dramatic this year. We feared that there [...]

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