So says Jeremy Grantham, co-founder of Boston-based investment firm Grantham, Mayo and Van Otterloo, now known as GMO. Some call him the philosopher king of Wall Street because of his highly insightful views on markets and the economy, usually with a longer-term perspective.
Lincoln County planners this week will consider allowing a private airstrip in an Etna subdivision but some ranchers are opposed. The planning and zoning commission will host a hearing about granting a conditional-use permit for a grass landing strip 2,000 feet long and 45 feet wide.
Thus, it is with some befuddlement that I find myself thumbing through this broadsheet each day looking for news on a brand of basketball that not so long ago seemed about as electrifying as warm milk and cookies.
The speed limit on thousands of residential roads will be reduced to 20mph under government moves designed to cut road deaths by a third over the next decade.
Not long ago continuing cold weather threatened to throw a wet blanket on spring bass fishing prospects by retarding the high-country runoff, which kept lake levels low and water temperatures cold.
The avalanche of bankruptcies has begun. Six US companies of substance have defaulted on bonds over the past fortnight, against 17 for the whole of last year.
Metro's Green and Yellow line riders should brace for heavy delays over the next four weekends as the transit agency completes a track repair designed to correct a problem that led to a train derailment last year.
Below is a rough transcription of the Place 1 candidate forum conducted by News 8. This transcription is normally used for our closed captioning. News 8's Crestina Chavez and Reagan Hackleman hosted the Austin City Council candidate forums.