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Home2018-05-14T12:08:11-04:00

The Global Market Update is curated by Douglas Tengdin, CFA an employee of Charter Trust Company.
The opinions expressed herein are those of the author and do not necessarily represent the views of Charter Trust Company.
Investments may involve investment risk, including the possible loss of value.

Y-Disruptors

By |August 23rd, 2019|

Have you been to the ocean shore? Photo: Muhammad Light. Source: Pexels. The beach is a place of high energy. The ocean rolls in, wave after wave. There’s nothing to block the wind. Storms just increase the energy throughput. There’s something mesmerizing about going to the shoreline and seeing the surf. Whether it’s a beautiful sunny day or there’s dark clouds on the horizon, the [...]

Mid-Life Tech?

By |August 22nd, 2019|

Are tech companies having a mid-life crisis? Source: Goodfreephotos. CC0 They’ve been extraordinarily successful at search and ads and e-commerce. New devices are everywhere. The young companies Google and Facebook have a combined market cap of well over a trillion dollars, and they dominate the world. The founders are fabulously wealthy. By any account, these Silicon Valley startups are huge successes. But what are they [...]

Market Lemmings?

By |August 21st, 2019|

Is the market headed off a cliff? Photo: Rob Watling. Source: Flikr. CC-BY-ND 2.0 That’s what a lot of folks are saying. They cite our political mess, our slow-growth economy, negative interest rates in Europe, rising corporate leverage, and accounting tricks and they figure a crash must be coming. So, with the stock market close to its record high and bond yields near record lows, [...]

Shareholders or Stakeholders?

By |August 20th, 2019|

Do you like your boss? Photo: Bill Ingalls. Source: Flikr, NASA. Public Domain. A group of CEOs have decided that they don’t. The top brass at companies like JP Morgan, Apple, Johnson & Johnson, and Walmart have signed a statement moves their primary allegiance from shareholders to “stakeholders.” A stakeholder is someone who has a stake in a business, without necessarily committing capital. Employees, suppliers, [...]

Back to School?

By |August 19th, 2019|

Is the college bubble bursting? Photo: BHVP. Source: Wikipedia What’s one thing everyone agrees on? That education is good. And if some education is good, more education must be better, right? College enrollment grew by millions of students from 1990 to 2010. This is part of the reason that the cost of college has gotten so high. While the population in the US increases [...]

Youth League

By |August 16th, 2019|

August is when fall practice starts. Photo: Luvmybry. Source: Pixabay. I remember biking to soccer practice. The hot August days were even hotter as we warmed up, ran drills, and scrimmaged twice a day. Life was simple: the only thing I had to remember was to bring my soccer cleats and some extra water bottles. Later, I took my kids to their own soccer leagues. [...]

Soak Up the Sun?

By |August 15th, 2019|

Did you get to the beach this summer? Photo: Pierre-Laurent Durantin. Source: Pixabay The beach is a great place to relax and cool off on a hot summer weekend. New Hampshire doesn’t have miles and miles of empty sand, but we do have some nice areas. And the ocean is cool, with the Labrador Current coming down past Canada along the New England coast. But [...]

Managing Risk, Accepting Returns

By |August 14th, 2019|

People think of investing as managing money. But it’s really about managing risk. All-woman skydiving stunt team. Source: Wikimedia. CC-SA-4.0 Risk is the chance that something bad will happen. When we invest, we don’t want bad things to happen to our money. So we try to avoid excessively risky situations. The problem is, there’s no way to insure against all the risks we face with [...]

Barbed Wire Apps

By |August 13th, 2019|

Ironic, isn’t it? Photo: US Army. Source: National Archives. Public Domain. The same technology that ended the range wars of the Old West – conflicts over property rights stemming from free-ranging animals – was soon put to use by military minds to create defensive positions. During World War I, barbed wire was a crucial part of trench warfare, protecting key emplacements from charging soldiers. And [...]