Turning Keynes Inside Out “Markets can stay irrational longer than investors can stay solvent.” –John Maynard Keynes In light of The Federal Reserve’s unprecedented, going-on-six-year campaign of monetary stimulus, perhaps the question to ask isn’t, “why are stocks trading at record levels?” Rather, it’s “why aren’t stocks even higher?” My answer: because at least some...Read More
Twin Cities’ Newest Light Rail Corridor Maybe they could’ve named it “the orange line.” That way, no one would be able to say that the Twin Cities’ spanking-new light rail corridor connecting downtown Minneapolis and St. Paul — officially, the green line — “runs through the West Bank.” Not THAT West Bank If you don’t know...Read More
