For those of you who live near or might be visiting us in Denver, the Blossoms of Light at the Denver Botanic Gardens is a great night out. And it reminds us about how valuable saving electricity is for our wallets! The most recent data from the U.S. Energy Information Administration shows that for all sectors – Residential, Commercial, Industrial […]
Category: Interest Rates
If The Stork Brings Babies…What Does The Economy Bring?
The stork isn’t carrying the full bag of money any more…any more than the banks are. Private Credit is growing and growing at a pace that both causes concern as we watch these largely unregulated behemoths move through the economy and excites us as they transact with higher risk tolerance and generally more creativity than traditional […]
Ya Gotta Play the Cards You’re Dealt!
While that maxim has been used hundreds of times, in 1868 the first print version said: “As in a game of cards, so in the game of life, we must play what is dealt to us, and the glory consists, not so much in winning, as in playing a poor hand well.” It’s a motto I […]
America’s FICO Score…
…just went down – again. Yup, it’s unanimous that S&P, Fitch and now Moody’s have downgraded US debt. The effect is no different than your FICO score – your cost of borrowing goes up and you have fewer lenders willing to finance your house or car and give you a credit card and the same will happen […]
There’s a New Sheriff in Town
Welcome to 2025 and we hope you and your community are off to a great start. Change is good – it keeps us sharp and on our toes and new ideas can often lead to new successes at home and the office and we hope that’s true for you! My regular readers, for whom I am […]
It’s A New Day
It’s -6°F as I write this on January 20th in Denver with about 2” of new snow on my driveway. Those of us who have lived in Denver all our lives call this “Stock Show Weather” – that frigid time during our National Western Stock Show and yes, it’s cold! And yes, it’s a new year and a […]
It’s always interest rates…the cost of money!
The cost of money drives everything. It ultimately determines the price of your home mortgage and that complex inverted lease funding your next solar project. It can accelerate growth and employment on to the Rocketship Inflation or crush them into dust. These are unassailable facts. What is not so clear is where those rates are going under President Trump’s […]
Forecasting the Economy v. Ski Season
I live in Colorado and ski season accounts for $4.8 billion of our state’s annual economy. It supports more than 46,000 year-round jobs and generates $1.9 billion in labor income so it’s darned important to us – including my aging knees that have been skiing since I was a kid. So, when I get it in […]
Will it be a Crash Landing or a Greaser?
Many of you know I’m a recreational pilot proudly holding a license since 1979 and with the emphasis on “recreational”, I fly on severe clear days: No clouds for me! Now the joke in flying is any landing you walk away from is a good landing…and I disagree: I’ve always worked hard to let the wheels of my Piper […]
Not My Bank
For those of you who remember, Bailey Savings & Loan might have gotten a lousy credit rating in today’s world causing a run on the bank due to Uncle Billy misplacing $8,000. On August 7th, Moody’s downgraded[i] the following banks and you can see what happened to their stock: Now in and of itself, that’s not a […]