Ben Bernanke’s Mortgage “Fools rush in where angels fear to tread.” –Proverb “This side appears to be brown.” –Joke about what a CPA will answer, when asked what color a horse standing 50 feet away in a pasture is. When clients ask me where I think home prices are headed, my standard Realtor answer is,...Read More
Call it a “High Tech Wash” (At Least at the Societal Level) “Racing the Clock, Saving the Heart: Faster Care Helps Death Rate Plunge 38% in Decade.” –Headline; NYT (June 21, 2015) “A study published in 2012 that tracked women for 10 years concluded that stressful jobs increased the risk of a cardiovascular event by 38%.”...Read More
Wall Street Oxymoron: “Spin-Free Financial Journalism” “What happens when you turn over regulatory responsibilities to people who think there is really no need for regulation?” –Floyd Norris, “When Regulators are Blind to Rules“; The NYT (12/18/2014) I can count on one hand — with a finger or two left over — the financial journalists and...Read More
Climate Change Migration “There may be other [climate] refuges to the east. Don’t count out the elevated inland cities in the country’s midsection, like Minneapolis, Salt Lake City, Milwaukee and Detroit. “I predict we’re going to have millions of people moving to those areas,” said Matthew E. Kahn, a professor of environmental economics at the...Read More
