Category Archives: Edgemoor Insights

Prime Minister Abe’s recent efforts to weaken the yen and boost Japan’s exports and economy appear to be bearing fruit, and they are certainly helping the Japanese stock market, which has been soaring since last fall.  The fiscal policies are also raising the ire of some who fear the negative consequences of the increasing government [...]

Wondering why consumers continue to spend, despite stubbornly high unemployment and tepid economic growth?  A big part of the reason is the strong recovery in the housing market.  As discussed in this report from Fidelity, home equity values have skyrocketed recently, boosting consumer confidence and spending power.  Also, the percentage of disposal income needed to [...]

The “Fasten Your Seatbelts” public announcement that the Berkshire Hathaway Annual Meeting was about to begin in Omaha’s packed convention center this past Saturday was like a plane steward’s admonition before a perfectly smooth flight.  It’s difficult to imagine how anything could be going better for Berkshire Hathaway.
Warren Buffett reported that his company’s operating earnings [...]

Jim Surowiecki penned an interesting piece in The New Yorker recently arguing that, despite popular opinion to the contrary, savers might benefit more from low interest rates than they are hurt by them.  His claim is that low rates stimulate economic growth, which is ultimately more important to the prosperity of retirees and others living [...]

In the latest installment of our quarterly newsletter, my colleagues and I share some observations on the strong first quarter and offer our outlook for the economy and markets for the rest of 2013.  We also discuss three of the securities we are currently buying: Tupperware Brands (TUP), Berkshire Hathaway (BRK-B), and FelCor Lodging Trust [...]