At the start of 2017 spring training, the NY Yankees had a undrafted prospect on their roster named Ruth. Not the Babe, of course, though the coincidence has been noted. “It’s kind of cool to have the same last name,” said Eric Ruth, a 26-year-old pitcher. Interestingly other than the Bambino there have been no…
Last Saturday a friend of ours took advantage of the spring-like weather, wading upstream from his house. Armed with his son’s $14.99 Shakespeare® Salamander rod, a can of worms, a six pack, and a cigar, he sat on a log, waiting for a nibble. Three hours – and zero nibbles – later, a man in…
Predictions are tough, especially about the future. And after Thursday’s Dow tumble, it’s hard to dismiss outright doomsday forecasts that a credit apocalypse is coming soon. For leveraged lending bubble busters, their canaries in the capital coal mine are leveraged statistics. Are we past 2007’s high-water mark? To be sure, we’re hearing our share of…