Posted May 12th, 2013 @ 11:09pm
Some notes from tonight's show:
- A big milestone was reached this week when they put a spire on top of One World Trade Center. It should be complete in two years. If it turns out anything like the original WTC, there will be more tenants in financial services than in real trade.
- Highway 20 may be four lanes wide across Iowa someday, but not soon.
- "Quantitative easing" may have averted disaster, but unwinding it will be the greatest trick done by a Fed chief in a generation. And getting the economy to grow like we need it will require getting more out of our technology.
- Ever notice that there's no club full of "Mad Money" billionaires? Furious activity and hot-headed impatience are exactly the wrong thing for investors to have.