I had an interesting conversation right after the “big” June rate hike. A customer was in the process of buying a new machine they needed, and the rate hike happened right in the middle of their “which of these two models should we buy?” discussion. And since like most businesses they were going to finance the machine, they… Read More »
2021 has been a weird year. The pandemic is still hanging in there, but we’re moving forward to some sense of “normality”. But this normal is indeed a “new” one. Regardless of where the economy is going (and we’re quite optimistic here), it’s clear that on the whole, everything is going to cost more for the foreseeable future. … Read More »
I just read an interesting blurb about Goldman Sachs predicting no less than FOUR (4!) Federal interest rate increases in 2018. This is one more than the three increases most other Wall Street firms predict. So who’s right? I say “who cares?” Whether it’s three hikes, four hikes, five hikes, or even just two hikes, the fact is… Read More »