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Editorial Results (free)

1. $1 Million-Plus Sales Reach New Heights in 2014 -

As 2014 comes to a close, the “Where does it end?” question is becoming more and more a part of the conversation.

And based on the past, it is a logical concern as buyers are being forced to pay more and more for houses with demand high and inventory low.

2. Don’t Be a Hero, Leave Rates at Zero -

As if we needed further evidence that investment markets price off of central bank soliloquies, markets worldwide rallied 4.5 percent last week in reaction to a short press release from the U.S. Fed.

3. Elvis Presley Enterprises Seeks $57M Building Permit -

Elvis Presley Enterprises has applied for a $57 million building permit for its planned 450-room hotel near Graceland.

The application for the permit filed through the city-county Office of Construction Code Enforcement lists Flintco Inc. as the contractor and Chad Stewart and Associates as the engineer.

4. Appraisals, Inspections Getting More Complex -

As if things were not crazy enough in Nashville real estate – with inspectors now writing 50-page reports with scores of photographs, underwriters overwriting and overriding, new disclosures and disclaimers proliferating the transaction – appraisers are requiring more and more documentation.

5. Folk’s Folly Rebrands, Renames Butcher Shop -

Folk’s Folly has finished rebranding and renovating the restaurant’s adjacent butcher shop that opened in 1989, a spate of activity that also included renaming the shop in honor of restaurant founder Humphrey Folk.

6. Greenfield Voted to Lead Veterinary Dental College -

Dr. Barden Greenfield has been unanimously voted president-elect for the American Veterinary Dental College. In 2009, Greenfield started Your Pet Dentist, the umbrella that incorporates his involvement in Memphis Veterinary Specialists, Nashville Specialists and the Animal Emergency and Specialty Clinic of Little Rock. He has been on the AVDC board for three years, serving as chair of the PR Committee and as a member of the Credentials Committee.

7. Fear Drives US Stocks Higher -

In 2014, more than 600 hedge funds have disbanded. Even accounting for the carnage of 2009, this amounts to a record pace of “smart money” failures. In the more pedestrian mutual fund realm, active money managers are having their worst year of relative performance ever.

8. Elvis Presley Enterprises Applies for Hotel Building Permit -

3066 Elvis Presley Blvd.
Memphis, TN 38116
Permit Amount: $57 million

9. Tamp & Tap Preparing East Memphis Location -

Tamp & Tap, the popular Downtown restaurant and coffee shop, has applied for a building permit for its East Memphis location.

Tamp & Tap applied for a $244,494 building permit through the Office of Construction Code Enforcement for its location at 6070 Poplar Ave. inside Highwoods Properties Inc.’s Triad Centre III office building in East Memphis.

10. Was Realty Lesson Taught By Father or Son? -

All industries are loaded with personalities and characters and residential real estate is no exception. One of the most exciting is a mortgage loan officer known as Marty Maitland who is a twenty-something year veteran of the lending industry and a Nashville native who is currently working with BancorpSouth in Brentwood.

11. Elvis Presley Enterprises Seeks $57 Million Building Permit for Hotel -

Elvis Presley Enterprises has applied for a $57 million building permit for its planned 450-room hotel near Graceland.

The application for the permit filed through the city-county Office of Construction Code Enforcement lists Flintco Inc. as the contractor and Chad Stewart and Associates as the engineer.

12. Making a Statement -

One of the regional banking players in Memphis is Jackson, Miss.-based Trustmark Bank, which took a big step that made a statement in Memphis this year.

13. Elvis Presley Enterprises Seeks $57 Million Building Permit for Hotel -

Elvis Presley Enterprises has applied for a $57 million building permit for its planned 450-room hotel near Graceland.

The application for the permit filed through the city-county Office of Construction Code Enforcement lists Flintco Inc. as the contractor and Chad Stewart and Associates as the engineer.

14. Tamp & Tap Preparing East Memphis Location -

Tamp & Tap, the popular Downtown restaurant and coffee shop, has applied for a building permit for its East Memphis location.

Tamp & Tap applied for a $244,494 building permit through the Office of Construction Code Enforcement for its location at 6070 Poplar Ave. inside Highwoods Properties Inc.’s Triad Centre III office building in East Memphis.

15. US Decoupling -

The Eurozone, Japan and select emerging markets all seem to be struggling economically with low inflation levels, poor policy responses, and low demand. Meanwhile, the U.S. keeps posting surprisingly strong economic numbers.

16. Doug Carpenter Adds Workflow Manager -

Doug Carpenter & Associates has added Sara Studdard as workflow manager.

She’ll be responsible for the internal trafficking of work throughout the agency and will help the director of account management in the day-to-day management of accounts.

17. What Could It Hurt to Wait for a Better Offer? -

As hot as this market is, the old axiom of pigs get fat and hogs get slaughtered can apply.

In numerous situations across town, buyers and their agents are receiving offers quickly after the homes are listed only to inform those would-be buyers that they are holding all offers for a day or two and, in some cases, as long as three days.

18. Doug Carpenter Adds Workflow Manager -

Doug Carpenter & Associates has added Sara Studdard as workflow manager.

She’ll be responsible for the internal trafficking of work throughout the agency and will help the director of account management in the day-to-day management of accounts.

19. Simonson Joins IRIS Orchestra Staff -

Jenna Simonson has joined IRIS Orchestra as community relations coordinator. In her new role, Simonson will oversee community engagement programs and office management for the orchestra, which kicked off its 15th season in October.

20. Events -

National Civil Rights Museum will host the Freedom Award public forum Tuesday, Dec. 2, at 10 a.m. at Temple of Deliverance Church of God in Christ, 369 G.E. Patterson Ave. The Freedom Award ceremony will be held at 6:30 p.m. at the Cannon Center for the Performing Arts, 255 N. Main St., followed by a gala from 8 p.m. to 11 p.m. at the adjacent Cook Convention Center. Admission to the forum is free; tickets to the ceremony and gala are $200. Visit civilrightsmuseum.org for details on this year’s honorees.

21. Appraisals Trail Amount Middle Tennessee Buyers Willing to Pay -

There are a few hot topics from the real estate world this week, the first being that appraisers seem to have hit the wall on the rampant price inflation.

With less inventory and more sales, sellers are resting in an enviable position inasmuch as buyers are forced to pay whatever is asked, or more, in order to acquire properties.

22. Events -

American Red Cross will hold a blood drive Tuesday, Dec. 2, from 10 a.m. to 4 p.m. at Christian Brothers University, 650 East Parkway S. Visit redcrossblood.org or call 800-REDCROSS for eligibility requirements and appointments.

23. Events -

Small Business Saturday, an annual event that encourages consumers to shop and dine at small, independent businesses, will be held Saturday, Nov. 29. For more information, visit shopsmall.com.

24. Events -

Hattiloo Theatre will present “If Scrooge Was a Brother” Friday, Nov. 28, through Dec. 21 at the theater, 37 S. Cooper St. Buy tickets at hattiloo.org.

25. Events -

SRVS will hold free dance and movement classes for adults with disabilities Wednesday, Nov. 26, at 10 a.m. and 10:30 a.m. at the SRVS Learning Center, 3971 Knight Arnold Road. Email lindsay.weaver@srvs.org to register, or visit srvs.org.

26. I Choose Memphis: Philipp von Holtzendorff-Fehling -

“I Choose Memphis” spotlights Memphians who are passionate about calling this community home. New Memphis Institute provides the profiles.

Name: Philipp von Holtzendorff-Fehling

27. Germantown Was Into Mixed-Use Before It Was Cool -

Even before Mayor Karl Dean’s announcement that the $60 million ballpark would be constructed in Germantown, the area was flourishing – not to the extent that it is now, but it was experiencing growth and development.

28. Dollar, S&P Levels Point to 1996 -

As trading becomes more mechanized, investors must consider not only market fundamentals but also what‘s driving the algorithms. With the proliferation of ETFs, less analysis occurs at the security level, and more analysis occurs on the technical level.

29. Feds: Bullying, Lying Debt Collectors an Epidemic -

NEW YORK (AP) – The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

30. Bohannon to Chair Junior Achievement Board -

Morgan Bohannon has been named chairman of the board of director of Junior Achievement of Memphis & the Mid-South Inc. Bohannon, the regional market manager for iHeartMedia, became engaged with Junior Achievement when iHeartMedia sponsored the “Broadcast Center” at JA BizTown in 2012. He joined the board soon thereafter and has been involved ever since.

31. Makowsky Ringel Greenberg Still Going Strong -

In 2008, Memphis-based Makowsky Ringel Greenberg LLC acquired land inside the Schilling Farms community in Collierville for a new high-end apartment development.

32. County Commission to Consider Fairgrounds Deal -

The idea of reconfiguring the Mid-South Fairgrounds as a public recreation area financed by the city of Memphis with sales tax revenue from retail development has come back to life under new terms.

33. Enjoy Low Interest Rates While They Last -

In what has become expected in this post-Recession boom, home sales continue to set records each month with no end in sight, based on October sales figures from the Greater Nashville Association of Realtors.

34. Wunderlich Adds to Equity Capital Markets -

The last few weeks have been a time of expansion and growth for Memphis-based investment firm Wunderlich Securities Inc.

35. Insurance Costs Might Leave Your Deal All Wet -

If a tree falls in the woods and no one hears it, is there sound? That’s a question for the ages.

If a tree falls onto a neighbor’s house, whose insurance pays? That one is not debatable. It’s the insurer of the damaged home.

36. Tech Support -

As FedEx evolved, it developed its own technologies for moving packages around the globe, such as handheld devices that scan packages. When those devices experienced problems, FedEx technicians repaired them.

37. Fed Folds Quantitative Easing -

Nearly five years after the conclusion of the Great Recession, the U.S. Federal Reserve has chosen to conclude its quantitative easing program. Ben Bernanke thought long and hard about the potential for Central Bank “emergency measures” like QE throughout his academic career. His devotion to Milton Freidman and the quantity theory of money (money supply * velocity = GDP) provided the orthodoxy for the U.S. response to the financial crisis.

38. Lower Gas Prices Boost US SUV Sales in October -

DETROIT (AP) – Falling gas prices improved buyers' moods and boosted sales of SUVs and trucks in October.

GM, Toyota, Chrysler, Nissan, Volkswagen and Honda all reported sales gains last month. Only Ford's sales fell 2 percent as it cut back on F-Series pickup sales ahead of the launch of a new F-150 later this year.

39. Memphis Dermatologist Accused of Medicare Fraud -

MEMPHIS, Tenn. (AP) – Federal prosecutors say a civil complaint has been filed against a Memphis dermatologist accused of defrauding Medicare.

The U.S. attorney's office for West Tennessee said Thursday the complaint has been filed against Dr. George Woodbury and his medical practice, Rheumatology & Dermatology Associates.

40. China’s Growth Gut Check -

The global economy is a symphony of regional and local economies interconnected by trade, interest rates and currency movements. We can generalize the influence of our leading instrumentalists in the following ways.

41. This week in Memphis history: October 24-30 -

2009: Former Memphis Mayor Willie Herenton said he had received a “target” letter from federal prosecutors indicating he was the target of a federal investigation into an option he had on the land where the Greyhound bus terminal then stood. Ultimately the investigation went nowhere.

42. Presenting Mid-October Economic Snapshot -

The heightened volatility month of October continued last week. On Wednesday alone, the Dow Jones Industrial Average moved nearly 460 points from its high point in the day to its low point (before closing in between). Granted, a 400-point move from a 16,000 altitude translates into much milder percentage moves when compared to a similar move off of a lower base, but with the number on CNBC constantly, it gives investors pause.

43. Surging Sales, Prices Reset Reality for Buyers -

Last week The Greater Nashville Association of Realtors (GNAR) released the sales information for the area for September, and the numbers were staggering, with sales up 19 percent.

That’s staggering in the sense that this is the third consecutive year of similar growth, and the inventory when all of this began was at 19,622. Now there are only 15,182 properties available.

44. Highland Row Developer Applies for Building Permit -

Indianapolis-based developer Milhaus Ventures is preparing to move forward with the long-stalled Highland Row project near the University of Memphis.

The company has applied for a $20 million building permit through the city-county Office of Construction Code Enforcement for construction of a four-story apartment building at 387 S. Highland St., the first piece in the $61 million Highland Row project. Wakefield Beasley & Associates is the architect and Jordan & Skala Engineers is listed as the engineering firm.

45. Regions Insurance Expands in Memphis -

The recent expansion of the employee benefits practice of Regions Insurance in Memphis involved the addition of Stuart Zalowitz and Jonathan Frisch, owners of Zalowitz Frisch Benefits Group, along with a team of associates.

46. Acura of Memphis Owner Buys Dealership, Land -

2611 Ridgeway Road, 6055-6085 Acura Cove
Memphis, TN 38119
Sale Amount: $12.4 million

47. Highland Row Developer Applies for Building Permit -

Indianapolis-based developer Milhaus Ventures is preparing to move forward with the long-stalled Highland Row project near the University of Memphis.

The company has applied for a $20 million building permit through the city-county Office of Construction Code Enforcement for construction of a four-story apartment building at 387 S. Highland St., the first piece in the $61 million Highland Row project. Wakefield Beasley & Associates is the architect and Jordan & Skala Engineers is listed as the engineering firm.

48. Is Showing a House to a Stranger Worth the Risk? -

The real estate community was saddened last week to learn of the murder of one of its own when the body of Little Rock real estate broker Beverly Carter was discovered in a shallow grave days after she had been reported missing.

49. Five Alternative Ways to Give Back -

The giving season is upon us. For many nonprofits, hospitals, schools, and colleges the next three months are all about fundraising. You will no doubt see an increase in direct mail and e-mail solicitations, Facebook campaigns, billboards, print and TV commercials and personal asks made by of you by friends, family members and associates.

50. Businesses With Name 'Isis' Fight Bad Brand Image -

Aeran Brent is tired of visitors asking about her store's name or snapping pictures of the sign outside.

Unfortunately, that's life for a small-business owner whose shop – Isis Bridal and Formal – shares a name with ISIS, the acronym of a notorious Islamic militant group that the United States is fighting in Iraq and Syria.

51. Collins Forms Mayoral Exploratory Committee -

Memphis City Council member Harold Collins has formed an exploratory committee as he considers a run for Memphis mayor in 2015.

52. Airport Pedestrian Plaza Design Wins Award -

Landscape architecture firm Ritchie Smith Associates has been honored for its design of the pedestrian plaza at Memphis International Airport.

The Honor Award from the Tennessee Chapter of the American Society of Landscape Architects was presented this month at the group’s annual meeting in Chattanooga.

53. Wunderlich Acquires Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

54. A Simple Fix Could Save Your Home and Family -

Following the grueling negotiations between buyers and sellers over issues such as price, possession and the list of appliances that remain with the houses, the inspection ensues.

Following the inspection, many sellers feel as if they have been punched in the stomach and that the inspector was overzealous and the buyers’ demands are extravagant.

55. Olive Branch Business Park Closer to Development -

A Texas-based development firm could start turning dirt soon on a massive new business park in Olive Branch.

Hillwood Investment Properties is expected to close on a land purchase next week that will clear the way for Legacy Park, a 265-acre distribution and business park on the south side of Goodman Road, just east of Hacks Cross Road near Polk Lane.

56. Wunderlich Acquires Wealth Management Assets of New York Firm -

Memphis-based investment firm Wunderlich Securities Inc. is acquiring the wealth management assets of Dominick & Dominick LLC, a privately held New York-based investment firm.

57. The Return of King Dollar -

The market’s game ball in the third quarter goes to the U.S. dollar. The U.S. dollar rose 7 percent, boosted by the comparative hawkishness of the U.S. Fed. The currency has now advanced for 11 consecutive weeks, its longest winning streak in nearly 20 years (although the uptrend actually started in mid-2011). What should you know about the return of King Dollar?

58. Macy's Joins Others in Big Holiday Hiring Spree -

NEW YORK (AP) – Macy's plans to hire about 86,000 seasonal holiday workers nationwide to bolster its stores, call centers and distribution hubs, a 3.6 percent increase from last year.

The department store chain, which also operates Bloomingdale's, said Monday that the growth is being fueled by its expanding online business. This year, about 10,000 of the total 86,000 seasonal workers will be based in eight distribution center across the country. Last year, that figure was 7,000, the company said.

59. Airport Pedestrian Plaza Design Wins Award -

Landscape architecture firm Ritchie Smith Associates has been honored for its design of the pedestrian plaza at Memphis International Airport.

The Honor Award from the Tennessee Chapter of the American Society of Landscape Architects was presented this month at the group’s annual meeting in Chattanooga.

60. Take a Right at Candyland, Cruise Down Memory Lane -

Bill Decker has confessed to committing an “old Nashville” act. The founder of Decker Wealth Management admits he recently gave a friend directions to a certain destination that included a turn at a now-demolished Nashville landmark.

61. University of Tennessee Students Help Design Nashville’s Future -

Nashville may be a city on the rise, attracting new residents by the droves. But it’s also a laboratory for students at the University of Tennessee-Knoxville’s College of Architecture and Design, where they are designing the communities of the future in partnership with the Nashville Civic Design Center.

62. Robotic Rise of the S&P -

The S&P 500 hit a new all-time high again last week for the 34th time so far this year. However, U.S. stocks appear increasingly detached.

While the S&P 500 has risen nearly 10 percent year-to-date, stocks outside the US have returned less than 3 percent. In fact, U.S. stocks have pummeled their international competition by an astounding 70 percent over the last five years.

63. MAAR Elects New Board Members -

The Memphis Area Association of Realtors recently elected several new members to the organization’s board of directors.

Felix Bishop of Crye-Leike Realtors Inc., Deborah Williams of 4 Success Realty LLC, Lauren Harkins-Wiuff of Crye-Leike, David Tester of Marx-Bensdorf Realtors, John Mercer of Highwoods Properties and Albert Lee of Century 21 Maselle & Associates were selected to be 2015-2016 board members.

64. Offer Too Much for That Dream House? Let the Inspector Bail You Out -

While real estate rambles along on its record-setting pace, there are bumps all over the road leading to culmination of the transactions.

Many of these are to be expected, and many are results of too much television or Edgar Allan Poe, as the minds of buyers and sellers alike often sink into psychological darkness.

65. Brighter Economy Driving Up Holiday Hiring Plans -

NEW YORK (AP) – UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.

One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season. Collectively, such hiring could reach its highest point this year for stores since 1999, when the economy was roaring and the Great Recession was still eight years away.

66. Marx-Bensdorf Expands in East Memphis -

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

67. Airport Authority Approves RedRover Contract -

Memphis International Airport should have a new team of storytellers on board.

The Memphis-Shelby County Airport Authority board voted Thursday, Sept. 18, to engage Memphis-based RedRover Co. LLC to help craft a multi-platform communications and image campaign for Memphis International, which is transitioning from a Delta Airlines hub to an origin-and-destination airport.

68. Government for the Prosperity of the People -

The reporting out of the US on China is uniformly downbeat. By applying our western perspectives, China appears inhumane, politically oppressive, over-indebted and fragile.

From the American perspective, functional nations should look more ... well ... like us. They should have democracy, inalienable property rights, free and open markets, freedom of expression, apple pie, etc. Our national belief in the ideology of American exceptionalism defines our worldview.

69. Meritan’s Branch Named Among Top Nurses -

Cindy Branch, Meritan’s associate vice president for health services, has been selected to represent Tennessee as one of the nation’s top 50 home care and hospice nurses by the National Association for Home Care & Hospice and the Home Healthcare Nurses Association. Branch, a registered nurse, has oversight of Meritan’s nursing programs, including home health, private duty nursing and medical residential homes. She will be recognized at NACH’s annual meeting in October.

70. MAAR Elects New Board Members -

The Memphis Area Association of Realtors recently elected several new members to the organization’s board of directors.

Felix Bishop of Crye-Leike Realtors Inc., Deborah Williams of 4 Success Realty LLC, Lauren Harkins-Wiuff of Crye-Leike, David Tester of Marx-Bensdorf Realtors, John Mercer of Highwoods Properties and Albert Lee of Century 21 Maselle & Associates were selected to be 2015-2016 board members.

71. Asking for Moon Might Leave You Grounded -

There were 3,226 closings in August, Greater Nashville Association of Realtors numbers show, up 4.6 percent from last August. It could have increased 24.6 percent if there were more listings.

“Inventory is continuing to decrease,” GNAR president Hagan Stone notes. “There is demand from buyers.”

72. Woeful Period for US Markets -

September 8, 2014, S&P 2000 = 11 + 4 percent + 11 percent + 1.5 percent + 2.5 percent. The last five years have been consistently wonderful for the U.S. markets. Over the time period, the S&P 500 has advanced more than 17 percent annually. Only four bull markets (advances uninterrupted by a 20 percent decline) have lasted longer and returned more. What has this bull been eating?

73. Knoxville-Area Real Estate Bouncing Back -

Knoxville’s housing market seems to be making steady gains after the setbacks of the Great Recession.

Doyle Webb, president of the Knoxville Area Association of Realtors and a Realtor with Realty Executives Associates, says the area’s housing market will continue to improve over the next five to 10 years and surpass its 2007 sales’ levels.

74. Will More Rentals Slow Rising Home Prices? -

Hardly a day goes by that a residential real estate broker is not asked: “When will it end?”

Elliot Eisenberg, Ph.D., authors Elliot Eisenberg’s Brief Blog and sends it daily to subscribers. Here’s what he had to say on the subject in his August 25 edition:

75. The Dollar Strikes Back -

Movements between the dollar, euro, and yen profoundly impact global flows of goods and capital. Given recent language and policy shifts from the U.S. Federal Reserve (FED), the European Central Bank (ECB) and the Bank of Japan (BOJ), let’s re-examine global currency trends.

76. Stepherson Named Chair-Elect of Grocers Association -

Randy Stepherson has been named 2014-2015 chairman-elect of the Tennessee Grocers & Convenience Store Association board of directors. Stepherson is president of Stepherson Inc., the family- and employee-owned parent company of Superlo Foods, which has five Memphis-area locations, and Stepherson’s.

77. Is It Really Time to Relax Lending Standards? -

Just when you thought it was safe to believe in the wisdom of the system, they pull this.

Back in 2008, when the Great Recession made its way into Middle Tennessee and the area began to feel the pain that other regions had endured for several years, the financial world collapsed.

78. New Office Building Park in Works -

A Memphis contractor is planning a new office building park in the city, according to a news report.

Memphis-based construction contractor Dan Walker Associates Inc. plans to develop up to 240,000 square feet in seven buildings on nearly eight acres at 3923 Forest Hill Irene Road, according to the report in the Memphis Business Journal.

79. Meet Hong Kong -

I just realized that while I have now lived in Hong Kong for nearly a month I have failed to properly introduce you. Allow me to give you the tour.

Between 1842 and 1997, the British controlled the 425-square-mile territory of Hong Kong, which includes Kowloon, the New Territories and over 200 smaller islands. Its proximity to China and its naturally deep water ports make Hong Kong an ideal trade destination. When China reopened in the 1980s, manufacturing boomed in nearby Shenzhen, and Hong Kong became the natural financial and logistics center ... in a way, China’s front office.

80. Orgel Has Brewery Under Contract -

Memphis businessman Billy Orgel has the Tennessee Brewery under contract to buy.

He told The Commercial Appeal he wants to preserve the structure and is open to any idea that helps accomplish that. But Orgel, a founder of Tower Ventures, is not answering any more questions for now.

81. That Realtor Key Box Might Welcome Unwanted Visitors -

This one may get me in trouble with some of my peers, but it is important, so here goes.

First, some background.

In most cases, when a buyer’s agents schedule appointments for showings, they find the properties on MLS and print the listing sheets.

82. Bull Market -

From his office on the 21st floor of the Raymond James tower Downtown, John C. Carson Jr. has a sweeping view of the Mississippi River as it rolls by the Bluff City.

83. Macy's to Pay $650,000 in Shopper-Profiling Probe -

ALBANY, N.Y. (AP) – Macy's has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan's Herald Square.

Under the agreement signed Tuesday with New York's attorney general, the retailer will adopt new policies on police access to its security camera monitors and against profiling, further train employees, investigate customer complaints, keep better records of detentions and report for three years on its compliance.

84. Fed-Casting the Next Six Months -

The central questions for this aging bull market involve the timing, pace and degree of interest rate increases. Low interest rates make equity earnings larger and more valuable. Freeze interest rates here and stocks look cheap. Increase them to historical norms and stocks look expensive.

85. Westin Memphis Honored for Community Service -

When an F-5 tornado tore through Angela Copeland’s hometown of Moore, Okla., last year, she initially felt helpless.

86. Doug Carpenter & Associates Still Growing Four Years On -

Even before her recent graduation from the University of Texas at Austin, Cara Greenstein had been keeping an eye on her hometown of Memphis, paying attention to job opportunities, looking for the right place to land.

87. Less-Frenzied House Hunting in Williamson County -

This past week, Realtor Stephanie Tipton Soper had two out-of-town families relocating to Nashville. Both were in search of homes in Williamson County.

Disclosure being the better part of valor, Stephanie is my real estate partner at Christianson, Patterson, Courtney and Associates. With my wife Beth and our twins vacationing in London, Stephanie was the only real estate agent from whom I can draw immediate, deadline-ready data and information, so here she is.

88. Where the Values Aren’t -

Downturns, while painful, can be very useful for the information they provide.

The S&P 500, representative of U.S. large cap stocks, declined 4 percent between July 24 and Aug. 7. Limiting our data set to this time period produces a couple of interesting observations. First, while interest rates didn’t actually move as feared, interest rate sensitive investments did. Master limited partnerships, utilities and high dividend payers underperformed over the period. Second, the emerging and frontier markets outperformed notably.

89. Midtown Corner Could See Turnaround -

While Midtown as a whole is experiencing a resurgence, two properties at the key intersection of Union Avenue and McLean Boulevard remain vacant, decaying eyesores.

But a real estate agent representing the owner of the vacant office building and hotel at the southwest corner of Union and McLean says both properties are under contract to be sold.

90. Blueprint for the Future -

It was 1992, and architect Joey Hagan was searching high and low for space for his own office.

He turned to his friend David Schuermann – the two had previously worked together at Bologna and Associates – whose firm at the time, DMS Architects, had an office at 88 Union Center Downtown.

91. Asia Feels Boost From US GDP -

Yippee, GDP! Last week, the U.S. government reported that GDP in the second quarter grew 4 percent and revised the first-quarter number upward from -2.9 percent to -2.1 percent. U.S. equity markets celebrated briefly and then became seriously fearful of Federal Reserve inflation countermeasures.

92. FedEx Founder Highlights Economic Club Fall Slate -

FedEx founder Fred Smith will make a rare public speaking appearance in Memphis Nov. 6, as part of the fall 2014 lineup of speakers planned for the Economic Club of Memphis.

93. Asia Votes for Growth -

Ni Hao!

I write to you this week from Hong Kong. For the next 12 months I will be working remotely from China in order to closely evaluate conditions within the Asian economies. In addition to my usual market musings I will share my Asian insights and inspirations as they arise … like this one.

94. Green Mountain Consulting Finds Home Along Poplar -

Logistics vendor Green Mountain Consulting wasn’t necessarily looking to buy an office building when it began its search for more office space for expansion.

“We’re not getting into the commercial real estate business because we wanted to be in it; we got into it because we have a company to operate and needed the space,” said Jim Jacobs, one of Green Mountain’s co-founders.

95. Sherman Joins Campbell Clinic as Sports Medicine Physician -

Dr. Henry “Hank” Sherman has joined Campbell Clinic Orthopaedics as a sports medicine family practice physician in its Southaven office. Sherman treats patients who suffer from a variety of orthopedic injuries – from competitive athletes looking to get back in the game to weekend warriors who want to stay active later in life.

96. Chamber Launches Young Professionals Group -

Before a concert gets underway, musicians will run through a soundcheck that serves as a kind of warm-up to the main event, during which participants can make suggestions for tweaks before the big show and can make sure that everything is done that needs to be.

97. Economic Development Growth Engine Looks to Make PILOTs More Effective -

For years, the payment-in-lieu-of-taxes incentive used to recruit or retain jobs in Memphis and Shelby County has been a lightning rod for criticism, particularly from municipal labor unions who view the incentives as corporate welfare that erodes the tax base.

98. Second-Quarter Scoreboards -

With central bank stimulus offsetting moribund economic data and geopolitical depressants, this market continues its low volume, low volatility ways. With the absence of news and trading strategies capturing our attention at the moment, let’s take a look back at the second quarter and identify the winners and losers.

99. Health Choice Selects Abisch to Lead Population Health Services -

Ellen Abisch has joined Health Choice LLC as senior director of population health services. In the newly created position, Abisch will be responsible for designing, implementing and managing population health and wellness programs for the Health Choice network.
Prior to joining the physician hospital organization, she served as manager of benefits and wellness for ServiceMaster.

100. Council Moves Toward Pension Changes -

Two weeks after approving changes in health insurance plans for city employees and retirees, the Memphis City Council meets Tuesday, July 1, to talk over a companion set of changes to the city’s pension plan for employees.