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Monthly Archives: March 2021
No market for sober thinkers
Market pricing is driven by irrational impulses when math and risk-assessment have no place in the allocation decisions being made. The present financial climate is a textbook episode where sober thinking is decried as out of step and worse. With … Continue reading
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Risk-seeking drives yields higher only until risky markets croak
With the US 10-year treasury yield pushing through 1.62 today, bond prices are in retreat and the yield back to where it was in early February 2020. It’s as if the pandemic never began. That is, except for all death … Continue reading
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3D-printed homes and communities part of lower cost solutions
The housing shortage also jump-started the fledgling business of 3D-printed homes. Several companies are now jumping in with plans for whole 3D-printed communities. One of them, Icon, which had already printed a small community in Austin, Texas, for the homeless, … Continue reading
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