There was a time — not so long ago — when pulling into a gas station felt routine. You filled the tank, grabbed a bad cup of coffee, and got on with your day. These days, the pump is delivering something closer to an economic news briefing. Gasoline has crossed $4 per gallon nationally, driven […]
Tag: EQUIPMENT
Marching in to March
March is a darned famous month: In 44BC Julius Caesar lost an argument with some senators; 1789 the US Constitution became law of the land; in Downtown San Antonio 1836 saw the end of the fighting, end of Davy Crockett and beginning of Fess Parker; Albert Einstein arrived on 3/14/1879; and, rather ignominiously, 3/11/2020 the World […]
Super Bowl Math
My Denver Broncos missed by just a bit…and that miss ended their season so whether you’re an NFC or AFC fan, send snow ‘cuz we’re going skiing Super Bowl Sunday and we have no snow. Literally – Vail today is reporting 37” base today and that’s rocks and stumps vs. 55” as the 10 year average on […]
Tools for Under your Financial Tree
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 […]
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 […]
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 […]
Evaluating Hard Equity Loans: The Importance of Hurdle Rates in Equipment Financing
I have a good friend in Denver that makes “hard equity” loans on commercial real estate – something like 50% loan to value and at fairly high rates. It’s a tool that investors and developers can use when they’re in a hurry or have a deal outside the scope of a bank. And he always looks the […]
The Election Year Blues
George Soros once said “Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.” and there are few things in life more uncertain than an election. George went to the London School of Economics, a nice pedigree and it’s widely known the wealthiest […]