I was recently sent a quote from a private equity firm based in Florida.
It is from Thomas Edison and is a great reminder about how opportunity often presents itself.

“Opportunity is missed by most people because it is dressed in overalls and looks like work”.

Happy Friday from Crossvault

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The Soul and Soles of a Texas Boot Maker

by Marilou Long on July 11, 2017 in Recommended Reading

This New York Times article about Rocky Carroll, boot maker to presidents and popes, is a good read.  From the linked article: HOUSTON — One afternoon a few years ago, Rocky Carroll told me about the time he pulled his gun on those robbers outside his boot shop here. It was 4:30 a.m. that July […]

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American Factories “Power Up”

by Laura Ehrenberg-Chesler on July 5, 2017 in Economic Indicators

American factories powered up in June at their fastest pace in nearly three years according to Bloomberg. The following are the highlights from Monday’s Institute of Supply Management report: 1. Factory index rose to 57.8, highest since August 2014 (est. 55.3) from 54.9 in May; readings above 50 indicate growth 2. ISM’s gauge of new […]

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Nostra Signora della Solute in Volastra, Italy

by Marilou Long on June 29, 2017 in Crossvault Capital

This is a wonderful example of a crossvault from a church dating back to the twelfth century.

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Energy worst performing sector of 2017

by Laura Ehrenberg-Chesler on June 22, 2017 in Economic Indicators

According to Ed Yardeni the Energy sector is the worst performing sector in the S&P, down 13.5%, and many of the sector’s industries are doing even more poorly: Oil & Gas Drilling has lost 36.4% ytd, Oil & Gas Exploration & Production has lost 20.5%, and Oil & Gas Equipment & Services is down 19.3% […]

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World Bank Sees Continued Global Growth

by Marilou Long on June 6, 2017 in Economic Indicators

The World Bank is projecting global growth of 2.7% for 2017 and 2.9% for the following two years.  From the linked article: Growing confidence and “a recovery in industrial activity has coincided with a pick-up in global trade, after two years of marked weakness,” noted the report. The seven largest emerging market economies – China, […]

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The World that World War II Built – by George Friedman

by Marilou Long on May 24, 2017 in Geopolitical

George Friedman, the founder of Geopolitical Futures, has a vast knowledge of history, and I always find his essays thought provoking.  I recommend a gift subscription to Geopolitical Futures for your recent high school or college graduate.  Here is the link to his recent essay “The World that World War II Built”.  From the linked […]

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How North Korea Views the Situation on the Peninsula

by Marilou Long on May 1, 2017 in Geopolitical

Given the administration’s focus on North Korea, I thought that this article by George Freidman, the founder of Geopolitical Futures, was very interesting.  From the linked article: The Democratic People’s Republic of Korea was founded as a communist state and a client of the Soviet Union. The Soviets encouraged North Korea to invade South Korea to […]

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The Rise in Populism in Mexico

by Marilou Long on April 12, 2017 in Foreign Markets

Stratfor has an interesting article today on the rise of populism in Mexico.  From the linked article: Mexico’s 2018 presidential election is already stoking concern north of the border. For months, populist candidate Andres Manuel Lopez Obrador has led the polls for what promises to be a close presidential race. As a result, public and […]

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George Friedman on Warsaw and Budapest

by Marilou Long on April 5, 2017 in Foreign Markets

George Friedman, the founder of Geopolitical Futures, had an interesting piece today on the dynamics between Eastern Europe and Russia.  From the linked article: As I have mentioned previously, I spent the past couple of weeks in Europe. I completed my trip last week with a visit to Warsaw and Budapest. Both places are concerned […]

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