Current Events

2.50%

Today the yield on US Treasury 1-year bonds fell to 2.50%. Three months ago, it was above 3.25%. In April, it had actually peaked at 4%. A falling interest rate means that investors are worried about the long-term economic outlook of the United States. Many people have been arguing for…

Read More »

Welcome to “Chelmsford Patch”

There’s a new source of news in Chelmsford – the “Chelmsford Patch” launched recently as an online, constantly updated community newspaper with a full-time editor, an aggressive presence on Facebook and Twitter, and a heavy dose of reader generated content. Here’s how the Patch describes itself: Chelmsford Patch is your…

Read More »

Caritas to Cerberus: AG Coakley Needs to Take the Long View

With one of the six Caritas Christi Health Care facilities – Holy Family Hospital in Methuen – such an important Merrimack Valley institution, I’ve posted frequently about the role of Attorney General Coakley in the proposed purchase by Cerberus Capital Management – a New York private equity firm Cerberus. The editorial…

Read More »