By the time my next blog comes out in November, we’re likely to have a fair bit of new folks suiting up for office: 35 Senate seats; the 435 seats in the House + Puerto Rico and I still feel funny PR doesn’t have a seat; and, 36 Governors. Regardless, John Wallner, a Libertarian congressional candidate back […]
Happy New Year everyone! In Roman numerals, it’s MMXXVI; the FIFA World Cup returns, co-hosted by the US, Canada, and Mexico – the first time three countries have jointly hosted; it’s the 250th anniversary of American independence (the Semiquincentennial); and, you can get your kicks on Route 66 which turns 100 years old. I was asked […]
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 […]
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 […]
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 […]
…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 […]
Yup, May is definitely shaping up to be full of spirit – whether it’s spirit as in a spirited set of circumstances for us all to do business or spirits as in the ghosts of economies past that may come to haunt us. Heck, maybe it’s the spirits we might need to quaff to get […]
…something new every day. Golly, it’s only mid-month with the 10 Year T moving from 4.01% to a 4.48% in two weeks – yup, a movement of nearly 12%. Then $3,263 for an ounce of gold that cost $43.05 in 1971 when President Nixon uncoupled from the gold standard…and if you invested $10,000 in gold in 1971 […]
I am an economist by education and that means I can point lots of directions simultaneously. Candidly, they call it “the dismal science” for a simple reason: The term “the dismal science” is based on the pessimistic predictions of Thomas Malthus, (granted 1834 is a long time ago), who believed that population growth would always outpace food […]
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 […]
