Blog Archives

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

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 […]

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

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 […]

Is Regenerative Farming Finally in Fashion? Yes!

Los Angeles-based eco-label Christy Dawn, which designed the “Farm-to-Closet” regenerative fashion collection, offers a kind of roadmap for small-scale brands, even those outside the fashion industry, to connect with regenerative agriculture. Read more below. Source: In Fashion, Regenerative Farming Isn’t an Impossible Solution

Wolfgang Puck: ‘Waiters make $120,000 a year but I can’t find them’

Waitstaff are making $120,000?! During my university days, granted they were some years back, I got $2.14 per hour plus tips. Not even award-winning celebrity chef Wolfgang Puck is immune to the labor shortage plaguing the restaurant industry. — Read on finance.yahoo.com/news/wolfgang-puck-waiters-make-120000-a-year-but-i-cant-find-them-163442777.html

Modern farming: Coronavirus outbreak spurs high-tech greenhouse boom in China | Reuters

At Chongming Island just outside Shanghai, China’s most populous city, workers collect and pack tomatoes and cucumbers at a glass greenhouse operated by Dutch company FoodVentures, which harvested their first batch of produce at the site in May. Source: Modern farming: Coronavirus outbreak spurs high-tech greenhouse boom in China | Reuters

Bill Gates’ next generation nuclear reactor to be built in Wyoming

Nuclear power generation is gaining more attention as the shift from hydrocarbons continues to progress. Investors such as Bill Gates and Warren Buffet have invested heavily in building cleaner, safer and more efficient plants which they hope to have running by the 2030s. Read more about possible advantages and drawbacks at the following link. Source: […]