International Focus Summary

Dr. Conway indicated that the tapering of the bond purchases (QE) by the Fed will lead to emerging markets being in turmoil.  In turn, that turmoil will mean a flight of capital into the United States which will keep some of our interest rates lower than normal for a longer period of time.

A final major key to understanding trends in our economy is the American ports and the enlargement of the Panama Canal.  From contact with companies around the world, Conway knows they are already rethinking their supply chain and getting ready for the Panamax ships, which within a couple of years will be able to go through the enlarged Panama Canal.

The benefit of this shift is that the goods coming from Asia by ship will no longer come to just the West Coast and then be carried by rail across the country.  Rather, the Panamax ships will be able to go through the canal and come into the United States on the East Coast, reducing the cost of the goods.

Remember, a great tract of land is the best long-term investment possible.  Not every tract of land will benefit to the maximum from what is coming.  The really good tracts of land will benefit most.  Call us.  We would love to help your land investment be brilliant!