Coming Full Circle

The newest bubble appears to be (wait for it…) real estate. Specifically, farmland:

The latest Grant’s Interest Rate Observer reports that farmers in Sioux County, Iowa bidding on a 74-acre tract forced a winning bid price of $20,000 an acre, far higher than the previous record price of $16,750 per acre set in October.

. . . → Read More: Coming Full Circle

Don't Let Short-Term Volatility Inform Investment Decisions: James West

James West isn’t interested in timing the precious metals market—that’s a good way to end up butchering perfectly good investments. As the editor of The Midas Letter and portfolio advisor of the Midas Letter Opportunity Fund, West doesn’t even check the daily trading of the stocks he’s following. He’s more interested in making . . . → Read More: Don’t Let Short-Term Volatility Inform Investment Decisions: James West

Tortoise or Hare? Pittsburgh Real Estate

I really do suspect one could blog/comment/opine daily on assessments in Allegheny from now until…  some undefined date long in the future, but who wants to endure that.  So to connect a bit the assessment crescendo just beginning with the bigger picture, and for a good end of the year post…  just what is . . . → Read More: Tortoise or Hare? Pittsburgh Real Estate

Economic Events on December 29, 2011

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 372,000 new jobless claims last week, which would would be 8,000 more than the previous week.

At 9:45 AM Eastern time, the weekly Bloomberg Consumer Comfort Index will be released, providing an update . . . → Read More: Economic Events on December 29, 2011