Vehicle Miles Traveled: Another Look At Our Evolving Behavior 

The Department of Transportation’s Federal Highway Commission has released the latest report on Traffic Volume Trends, data through February. “Travel on all roads and streets changed by -0.1% (-0.2 billion vehicle miles) for February 2018 as compared with February 2017. Travel for the month is estimated to be 226.7 billion vehicle miles.” The 12-month moving average was…

Timing The Market Is Hard

It’s February of 2016 and the stock market has rallied over 250% off the 2008 lows in an almost uninterrupted bull market. But some cracks appeared to be showing. China was looking wobbly and the market had flash crashed a few times. Emerging markets were down 30%+ from their highs. Oil had cratered from $110+…