Modern Greek Drama That seems to be the question of the hour — along with a certain Greek (financial) drama playing out in Europe (plus the winding down of the Fed’s QE II campaign). My take: with rental vacancy rates at 3% (and falling) in the Twin Cities, I see lots of demand for houses in...Read More
Fed Fall-Out — or, “Trying to Avoid Bubble Baths” Quick, which of the following is currently a bubble? A. Stocks B. Bonds C. Commodities D. Housing E. Commercial real estate F. Precious metals (gold, silver, etc. ) G. All of the above Answer: hell if I know. And judging from what I read these days ....Read More
First, the Trial Balloons What is all this fuss I hear about the Supreme Court decision on a “deaf” penalty? It’s terrible! Deaf people have enough problems as it is! –Befuddled spinster Emily Litella, one of Gilda Radner’s several characters on the original Saturday Night Live. Emily Litella comes to mind as the murmuring about...Read More
