Day

May 20, 2010

Flight to Safety = Rate Drop

Market Melt-Down Creates Refinancing Opportunity No, it’s not good when already volatile markets lurch downward like they’ve done the last couple days. However, astute financial observers know that such turbulence is also accompanied by a “flight to safety” — in this case, U.S. debt. Doesn’t the U.S. have a $13 trillion (and counting) deficit, and...
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In Praise of . . . The Midtown Greenway

Green Development — Literally Once there were parking lotsNow it’s a peaceful oasisyou got it, you got itThis was a Pizza HutNow it’s all covered with daisiesyou got it, you got itI miss the honky tonks, Dairy Queens, and 7-Elevensyou got it, you got it –The Talking Heads; lyrics, “(Nothing But) Flowers” I don’t know...
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Gold(en) Ambivalence

The Gold Debate Want to know what to think about gold? So do I. As best I can tell, here are the opposing camps’ two best arguments: I hate gold. It does not pay a dividend, it has no value, and you can’t work out what it should or shouldn’t be worth. It is the...
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