Saturday, November 12th, marked the 4th Annual InnerAct Alliance Red Ribbon Half Marathon and 5K Run at Lakeland’s downtown Lake Mirror.

The first ever role of Corporate Challenge Team, was offered to Allen & Company.  This was an opportunity to challenge other companies to enter with a corporate team, thus encouraging more participation and contributions for the cause.
Some of the members from our athletic team, Phat Assets, joined in the cause. Participants in the corporate team included: Danielle Durham, Kathy French, Gina Reynolds, Dana Hurley, Brad Stainsby, Troy Garcia, Stephen Arnold, Nathan Amann and Robin Chaddick.
We took our running seriously and ran away with a couple of trophies, a BIG Allen & Company bravo to the following Phat Assets that lead the way!
Allen & Company 1st Place for Corporate Challenge
Troy Garcia 2nd Place M 30-34
Brad Stainsby 1st Place M 35-39
Stephen Arnold 3rd Place M 40-44

 

‘Tis the season. The question you might ask is, “The season for what?”

Late November is the season in America for giving thanks (go read Abraham Lincoln’s Thanksgiving Proclamations of 1863 and 1864. They will inspire and humble you, and give you a little historical perspective when you read today’s headlines.   You can find them at alleninvestments.com under Resources.

One reason we can be thankful in 2016 is, if for no other reason, the season for presidential campaign ads and debates is over for four years…well, at least for three.

By now you know the election results, but I’m writing to you the week before the election so I still can speculate upon the results. I’ll give you my predication and you can know instantly the quality of my prognostication skills. And you know, don’t you, how I caution against investing on a short-term basis? If you’re not sure, I’ll remind you that I call that speculating, not investing.

Well, here’s my speculation regarding the national elections: I think the Democratic candidate takes the White House; the Republicans keep the Senate by one or two seats, and the House of Representatives by about 35 to forty seats. This, mind you, isn’t what I hope does or doesn’t happen; it’s just what I am guessing by reading the tealeaves. And if it turns out I’m right (a rare occurrence, according to my children), it indicates we are in for another four years of gridlock, bickering and partisan-fueled investigations in Washington. The stock markets will likely respond with a resounding “Meh”.

If I’m completely wrong and the election results flip-flop from my prediction, I think we are in for four years of gridlock, bickering and partisan-fueled investigations in Washington, and the stock markets will likely respond with a resounding “Meh”.

One of the things the investment markets do care about is how governments here and in Europe will handle mounting debt. Any of us that manage a household budget know there are only two choices: spend less, and/or bring in more.

I think you will agree, simply on the face of the daily experience, that our Federal Government spending less is not likely in the foreseeable future. As to raising revenue, the debate in Washington will continue: will federal revenues rise with higher tax rates at the risk of stifling growth, or will they rise with reduced tax rates meant to encourage growth which may or may not offset the loss from lower rates?   If you give me a day or two, I could provide separate convincing mathematical arguments ‘proving’ both cases; most people wouldn’t be swayed either way. Unfortunately, these issues have become emotional ones in our public discourse and there is no longer room for logical discussion and debate; hence: gridlock.

So this season, please do give thanks, for your life, your family, your daily bread, the great land in which we live, … and for gridlock … else those obstreperous ninnies inside the beltway come up with some other great plan to lead us all towards perdition.

We’ll talk soon…

By the President of the United States of America
A Proclamation
It has pleased Almighty God to prolong our national life another year, defending us with His guardian care against unfriendly designs from abroad and vouchsafing to us in His mercy many and signal victories over the enemy, who is of our own household. It has also pleased our Heavenly Father to favor as well our citizens in their homes as our soldiers in their camps and our sailors on the rivers and seas with unusual health. He has largely augmented our free population by emancipation and by immigration, while He has opened to us new sources of wealth and has crowned the labor of our workingmen in every department of industry with abundant rewards. Moreover, He has been pleased to animate and inspire our minds and hearts with fortitude, courage, and resolution sufficient for the great trial of civil war into which we have been brought by our adherence as a nation to the cause of freedom and humanity, and to afford to us reasonable hopes of an ultimate and happy deliverance from all our dangers and afflictions:

Now, therefore, I, Abraham Lincoln, President of the United States, do hereby appoint and set apart the last Thursday in November next as a day which I desire to be observed by all my fellow-citizens, wherever they may then be, as a day of thanksgiving and praise to Almighty God, the beneficent Creator and Ruler of the Universe. And I do further recommend to my fellow-citizens aforesaid that on that occasion they do reverently humble themselves in the dust and from thence offer up penitent and fervent prayers and supplications to the Great Disposer of Events for a return of the inestimable blessings of peace, union, and harmony throughout the land which it has pleased Him to assign as a dwelling place for ourselves and for our posterity throughout all generations.

In testimony whereof I have hereunto set my hand and caused the seal of the United States to be affixed.

Done at the city of Washington, this 20th day of October, A.D. 1864, and of the Independence of the United States the eighty-ninth.

ABRAHAM LINCOLN.

By the President:

WILLIAM H. SEWARD,

Secretary of State .

By the President of the United States of America
A Proclamation
The year that is drawing toward its close has been filled with the blessings of fruitful fields and healthful skies. To these bounties, which are so constantly enjoyed that we are prone to forget the source from which they come, others have been added which are of so extraordinary a nature that they can not fail to penetrate and soften even the heart which is habitually insensible to the ever-watchful providence of Almighty God.

In the midst of a civil war of unequaled magnitude and severity, which has sometimes seemed to foreign states to invite and to provoke their aggression, peace has been preserved with all nations, order has been maintained, the laws have been respected and obeyed, and harmony has prevailed everywhere, except in the theater of military conflict, while that theater has been greatly contracted by the advancing armies and navies of the Union.

Needful diversions of wealth and of strength from the fields of peaceful industry to the national defense have not arrested the plow, the shuttle, or the ship; the ax has enlarged the borders of our settlements, and the mines, as well of iron and coal as of the precious metals, have yielded even more abundantly than heretofore. Population has steadily increased notwithstanding the waste that has been made in the camp, the siege, and the battlefield, and the country, rejoicing in the consciousness of augmented strength and vigor, is permitted to expect continuance of years with large increase of freedom.

No human counsel hath devised nor hath any mortal hand worked out these great things. They are the gracious gifts of the Most High God, who, while dealing with us in anger for our sins, hath nevertheless remembered mercy.

It has seemed to me fit and proper that they should be solemnly, reverently, and gratefully acknowledged, as with one heart and one voice, by the whole American people. I do therefore invite my fellow-citizens in every part of the United States, and also those who are at sea and those who are sojourning in foreign lands, to set apart and observe the last Thursday of November next as a day of thanksgiving and praise to our beneficent Father who dwelleth in the heavens. And I recommend to them that while offering up the ascriptions justly due to Him for such singular deliverances and blessings they do also, with humble penitence for our national perverseness and disobedience, commend to His tender care all those who have become widows, orphans. mourners, or sufferers in the lamentable civil strife in which we are unavoidably engaged, and fervently implore the interposition of the Almighty hand to heal the wounds of the nation and to restore it, as soon as may be consistent with the divine purposes, to the full enjoyment of peace, harmony, tranquillity, and union.

In testimony whereof I have hereunto set my hand and caused the seal of the United States to be affixed.

Done at the city of Washington, this 3d day of October, A. D. 1863, and of the Independence of the United States the eighty-eighth.

ABRAHAM LINCOLN.

By the President:

WILLIAM H. SEWARD, Secretary of State.

CONTACT:    Rebecca Fortier

Lakeland Area Chamber of Commerce

(863) 688-8551 x229

rfortier@lakelandchamber.com

 

FOR IMMEDIATE RELEASE

 

LAKELAND, FLORIDA (December 6, 2016) – From Brexit, to the election of Donald Trump, from the Italian Referendum, to the rise of a Thatcherite in France; the world is changing in massive ways. Add in activist central banks, large governments, and acrimonious politics – no wonder investors are nervous. Will relatively long-lived economic expansions stumble? Will the bull market in US stock continue? Are inflation and rising interest rates in the cards? Brian Wesbury promises to cut through the noise to provide a solid, actionable game plan for investors in the years ahead. Wesbury called the bull market in US stocks in 2009 – where will they go from here? Chief Economist Brian Wesbury of First Trust Advisors, L.P., a nationally recognized economist, will return as our guest speaker for the 30th Annual Economic Forecast Breakfast on Thursday, January 12, 2017 at the Lakeland Center.

“I hope you’re as eager to hear from Mr. Wesbury as I am. In light of the election, people have questions and want to understand the impact it will have on our economy,” comments Ralph Allen, Chairman of Allen & Company.

Lakeland has experienced exponential growth, over the past 30 years. From 1987 through today, Lakeland’s population has increased by approximately 30,000 residents; our annual economic development has doubled and, Lakeland’s downtown has been restored and revitalized. To commemorate this historic partnership, we will be premiering a special video featuring local, regional and statewide influencers as we look to our past, and our present.

The host of influencers that have been assembled to speak to the growth of Lakeland, and Greater Polk County market will inspire and remind each of us what a gift we have in our community. Adam Putnam, Clayton Hollis, Dr. Anne Kerr, and Tony Delgado – to name a few. “This year is very special as we celebrate 30 years of bringing economic forecasts to the business community. We encourage your attendance to experience, first hand a short video highlighting some of our most talented and dynamic influencers that have made and are continuing to make a profound and positive difference reaching far beyond our city, and county,” says Mr. Allen.

Please register online at lakelandchamber.com where you will find all the details for the event.  Student tickets and tables are available by contacting Rebecca Fortier at the Lakeland Chamber. The early bird pricing ends December 31st.

 

About Allen & Company of Florida, Inc.

Since 1932 Allen & Company of Florida has provided financial planning and wealth management services to the communities we serve.  Headquartered in Lakeland, Florida, with operations in Winter Haven and Viera, Allen & Company is Florida’s oldest investment firm.

 

About the Lakeland Chamber

The Lakeland Area Chamber of Commerce represents 1,700 member businesses in the Lakeland area and provides opportunities for networking, professional development and advocacy for companies of all sizes. Five-Star Accredited by the US Chamber of Commerce, the Chamber upholds the following vision and mission statements: The Lakeland Area Chamber of Commerce will be the premier catalyst for the advancement of Lakeland’s economic growth and enhancement of quality of life– creating Florida’s community of choice; and, the Lakeland Area Chamber of Commerce is the leading organization dedicated to creating a climate where business can prosper.