Category Archives: Economics

Investor Who Called Housing Top and Bottom Says It’s Time to Sell

(Bloomberg) — Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor. Now that housing prices are again at historic highs, Kiesel is thinking of selling again. Can he be […]

Zillow to stop flipping homes for good as it stands to lose more than $550 million, will lay off a quarter of staff – MarketWatch

Wonder why there has been such a short supply of housing and it’s been getting more and more expensive? You can blame part of this on large corporate speculators, such as Zillow. The company discovered belatedly that home prices don’t go up forever and, as a result, will lose $550 million and 25% of its […]

Analysis: From chips to ships, shortages are making inflation stick | Reuters

Editorial Comment – Hmm, print historically unprecedented amounts of fiat currency then prices rise and stay there…who could have seen this coming? 😉 Soaring gas prices, staff shortages, a lack of ships — price pressures globally may be picking up faster than anticipated, challenging the view that inflation will prove transitory. — Read on www.reuters.com/article/global-markets-inflation/analysis-from-chips-to-ships-shortages-are-making-inflation-stick-idUSL8N2QV1GH

Researchers plant mushrooms to clean post-wildfire soil

Fungi made their appearance on Earth possibly as far back as 800 million years ago and, since then, have been quietly playing a major role in nurturing life and maintaining the balance of ecosystems. Humans have pretty much been oblivious to the important role of fungi, thinking of them as either a useful ingredient in […]

Hot Northwest Arkansas Housing Market Struggles With High Prices and Low Inventory

Average home prices in Northwest Arkansas are increasing faster than wages as area home inventories continue to decline, according to a new real estate report. Meanwhile, the low inventory has led residents to lease multifamily housing, resulting in rising rents and falling vacancy rates. The area has been a popular destination for those who appreciate […]

What the Metaverse is and why it matters to you

In the summer of 2021, the Metaverse became a thing, a thing that will become bigger than COVID, or the stock market for that matter. — Read on finance.yahoo.com/news/what-the-metaverse-is-and-why-it-matters-to-you-090642725.html

Is This Giant Hydroponic Greenhouse in Kentucky the Future of Farming?

Are AI-controlled greenhouses containing endless rows of tomatoes growing in soilless containers the future of agriculture? Read more below: — Read on www.yahoo.com/entertainment/giant-hydroponic-greenhouse-kentucky-future-120048610.html

Home Prices in the U.S. Soar 23%, the Fastest Rate on Record

(Bloomberg) — U.S. home prices rose the most on record in the second quarter as buyers battled for a scarcity of listings.The median price of an existing single-family home jumped 23% from a year earlier to an all-time high of $357,900, the National Association of Realtors said in a report Thursday. About 94% of 183 […]

UN climate report lead author: ‘How hot it gets is still up to us’

Dr. Kim Cobb, a professor in the School of Earth and Atmospheric Sciences at Georgia Tech University, says it is pretty clear that the impact from rising temperatures will continue to worsen over the next three decades. However, she believes that we still have an opportunity to soften the impact through the efforts of a growing […]

Climate change is leading many Americans to look for new places to live

There is now little doubt that the global climate is increasingly exhibiting characteristics which exceed our expected “normal” range of weather patterns. What we used to believe were once-in-100-year events are now occurring much more frequently. Is the climate “broken” and if so, where can we go to avoid the coming crises? Read this article […]