Bullish and Bearish Bellwethers [Note to Readers: in the wake of GameStop’s Reddit-fueled roller coaster ride, the post below is getting renewed attention. To would-be market timers, though, here’s a heads up: the post appeared almost 5 years ago, when the Nasdaq — which contains many high-flying tech stocks — closed at 4,476. Its close...Read More
Bullish and Bearish Bellwethers Just before the 1929 crash, Joseph Kennedy (father of President John F.) was supposed to have dumped all his stocks because a Wall Street shoeshine boy started giving him stock tips. Kennedy reasoned that, if even shoeshine boys were playing the market, there was no remaining, untapped demand to support stock...Read More
Bonus Question: Where’s the House? That’s one long boom — at least several hundred feet high, judging from appearances. Call that possibility unlikely at best. Instead, it’s likely that the photo (above) was taken by a drone, or, perhaps a low-flying aircraft (if Google Maps can do that — please let me know!). Location, Location...Read More
Or at Least, New York and London It’s quite a paragraph — make that sentence — but it’s worth the effort: “Autocratic hyper-capitalism without Western checks and balances produces new elites whose dream is an American or British lifestyle and education for their children, and whose other goal, knowing how their own capricious systems really function,...Read More
I’m a HUGE fan of aerial shots. And home sellers should be, too. They not only show off a larger home to full effect, but allow Buyers to see the (often stunning) physical setting. Kudos to the agent who spent the time (and money!) to get the great shot (above) of this $849,900 Plymouth home...Read More
I LOVE aerial shots — and Sellers should, too. Take this especially flattering photo (above) of 9106 Breckinridge, in Eden Prairie’s Bearpath neighborhood. Instead of telling prospective Buyers that this home backs up to the 7th fairway at Bearpath, this photo shows ’em. Edina Realty’s Jack and Missy Vilett have the listing; the asking price is...Read More
