One easy way to take New York’s temperature as its health gets sorted out is to follow the stocks that define it. We assembled the Observer 100 Index to watch the city wheeze and sing. Sadly, last week was atrocious: By Friday, despite unexpectedly nice news about unemployment, the Dow Read More
Residents of Sheffield57, perhaps the most ill-starred condo conversion in recent history, are “euphoric” that developer Kent Swig and his junior partners on Thursday formally lost control of the project they began four years ago.
“We’re going to have a number of celebrations,” said Larry Wagner, a condo owner and former Nomura CFO. That series Read More
“Don’t gamble: take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don’t go up, don’t buy it.”
Yogi Berra couldn’t have said it better. This viewpoint is in accord with today’s thinking, which is to take your savings, spend money Read More