With school now out for the year or close (my 3 kids finish at noon today), you’d figure that households with school-age kids would downshift into a more mellow, Summer-time mode. Not if any of those are kids are heading to camp in the next few days. Call it, “the storm before the calm” (note: the illustration...Read More
Investors, Savers Between a Rock & a Hard Place I have no idea where the stock market is headed from here (and neither does anyone else). But, in the event that it suffers a sharp break — possibly in connection with the playing out of central bank stimuli — I have no doubt what at...Read More
Vertiginous Stocks “Dear Jack: Don’t buy a single vote more than is necessary. I’ll be damned if I’m going to pay for a landslide.” —JFK quoting a made-up telegram from his father, Joseph Kennedy, after he first won election to Congress. Here’s a thought: overdoing the stimulus — and rocketing stocks higher — can backfire, blunting (or worse)...Read More
(Not to Be Confused With Guard Dog) Our Golden Retriever’s favorite place to “hang” in the house (when he’s not sleeping) is the Living Room couch — which not so incidentally offers a view of the rather-active boulevard in front of our home. When he sees another dog being walked, he’ll perk up and even bark....Read More
Gas Price Sticker Stock in the Twin Cities Once upon a time — like, until yesterday — savvy motorists (and Costco members) knew to head to Costco’s gas pumps whenever prices jumped. Like they did Wednesday. A LOT. That’s because Costco’s gas prices notoriously lagged other stations’ price changes by a full day. Not anymore....Read More
98º in Twin Cities! In the Sherlock Holmes story, the reason the dog didn’t bark was because it recognized the intruder (providing the clue that solved the mystery). In the case of my golden retriever, the reason he’s not barking in our backyard this evening is that he just finished a three-mile walk around Lake...Read More
