Millennium Tower Boston
Millennium Tower in Boston is a perfect example of what’s happening in Boston’s luxury condo market. From today’s Boston Globe:
For proof that Boston has...
Bond and Pension Struggle in Puerto Rico
You get an idea how the struggle between bondholders and pensions quickly turns into a political nightmare, as reported in the WSJ:
San Juan, Puerto...
Pension Survival Increases Risks
"The public dispute over accounting standards is a signal to taxpayers, retirees and political reformers that fundamental flaws remain in how pensions measure their...
Low Interest Rates Threaten Insurers and Baby Boomers
Here you get a glimpse at the problems facing insurers and baby boomers thanks to the Fed’s zero percent interest rate policy as reported...
How to Survive the Calm before the Storm
Central banks are running this market. It’s not real. It feels like a ghost town. But what are investors to do? Well, you may...
Pensions Should be Fearful
This has a bad feel to me as Ben Eisen and Aaron Kuriloff report on pensions at the WSJ:
Some pension funds are seeking to...
RIP Roger Enrico
From the WSJ:
Born in the small town of Chisholm to Italian immigrants, Mr. Enrico won a scholarship to Babson College in Massachusetts, studying business...
Tiny Bubbles
Originally posted January 21, 2014.
Imagine outgoing Chairman Ben Bernanke joyfully wrapping things up at the Fed while humming “tiny bubbles make me feel happy”...
Assets Are Booming
With the Fed creating money out of thin air, real estate prices such as commercial and condos are going up like crazy especially in...
Bluefish!
Owen caught this beauty just outside of Newport harbor.