There’s a saying in the stock market that goes something like this: The best time to invest was ten years ago. The second-best time is right now. The implication is that there really is no better time than right now, unless we have a time machine. Which we (sadly) don’t. The same goes for acquiring equipment for your… Read More »
I was tempted to open with a joke about rates, but honestly, at this point, nobody feels like laughing. But there is good news – we are hopefully nearing the end of rate hikes. As you well know, over the last 18 months, the Federal Reserve has been steadily raising rates. This year they paused in June, raised… Read More »
Here we are starting the second quarter of 2023, and already it’s been an interesting ride. Of course the big news was the failure of two Silicon Valley banks. Although looking at the reasoning and details, this is far from a crisis, and more of an unfortunate circumstance (overly simple explanation = rising rates made the bank’s safe… Read More »
As many of us figured they would, the fed just raised interest rates again. This time by a half point, the largest single increase in two decades. Many predicted these hikes, and if comments by pundits and economists are to be believed, rate hikes will continue for the foreseeable future. That said, rising interest rates are not all… Read More »
Let’s talk about rates and equipment financing for a minute, and trying to get the best deal you can for yourself. Rates on any type of lending are affected by the Federal Reserve Rate (aka, “the Fed”). If that goes up, banks and other lenders raise their rates. When the Fed goes down, lending rates lower. The actual… Read More »