“Rule or Die” Mentality Comes to U.S. Politics [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] Minnesota Native Son (and fellow St. Louis Park High School grad) Thomas Friedman...Read More
Exhibit A: Late 2015 Gas Prices Still believe in economic forecasting? Find me one analyst, less than 3 years ago, who got both or just one of the following right — and correctly forecast the economic effect of same: One. Wholesale gas prices will collapse. Retail prices (what consumers pay at the pump) will plummet more...Read More
$3 Gas (or Below) in the Twin Cities “The U.S. is funding both sides of the war on terrorism.” –Thomas Friedman, The NYT “Vuja de“: the distinct sense that somehow, something that just happened has never happened before. –George Carlin I saw it first at the St. Louis Park Costco Monday afternoon when I filled...Read More
Stop the Presses! I just finished Thomas Friedman’s excellent Op-Ed from tomorrow’s Sunday New York Times (I’m not clairvoyant — it’s online now), devoted to the leadership vacuum in today’s Middle East (if not the world). You just wonder if the headline writer — presumably, it wasn’t Friedman — bothered to do more than just skim...Read More
Macro Matters If you want an excuse to simply tune out the news altogether and remain (blissfully) ignorant, look no further than yesterday’s dueling headlines in The Wall Street Journal and The New York Times: Focus on Obama as Tensions Soar Across Mideast —The New York Times (5/19/2011) Gas Prices Fall as Mideast Jitters Ease —The...Read More
$3.19 to $3.29 to $3.39 to ??? It seemed odd, at least to me, that Twin Cities gas prices were seemingly stuck at $3.19 a gallon even as turmoil in the Middle East spread and the price of a barrel of oil shot toward $100. The other shoe landed with a thud earlier this week,...Read More
