Mar 15
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Good News About Our Economy…from March

The economy.  These days, kind of a loaded word.  It is generally defined in the mainstream press by  unemployment numbers…which are bad, to be sure, but they are also a lagging indicator, the last to improve during a recovering economy.  And unemployment is beginning to turn in some states.  Since my business is all about [...]

Author: Wayne Kress
Oct 12
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Interest Rates Calm Now, But…

CBRE Capital Markets Services produces a regular eNewsletter that comments on happenings in the world of commercial real estate finance.  It includes a feature from Bloomberg that projects interest rates quarterly for each of the coming four quarters.  This projection is the result of surveying the financial industry.  Survey says?  As of their most recent [...]

Author: Wayne Kress
Sep 08
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Rising Interest Rates are Coming…Here’s Their Effect on You

Higher interest rates are on the way.  I’ve written about this recently, and nothing has changed about this expectation.  What has changed is that banks appear willing to lend again.  What are the consequences to you of rising interest rates?  Well, flat out, it will cost you more to finance your acquisition of assets.  How?  [...]

Author: Wayne Kress
Sep 03
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U.S. Manufacturing Grows in August for First Time in 19 Months

THE question of the moment (of the year, really): when will the recession end?  Economic indicators are beginning to look more favorable, but for the most part, they’ve just been showing that the pace of the decline is slowing.  Now we have an indicator that shows actual growth.  Time for a cheer? Bloomberg reported Tuesday that U.S. manufacturing likely [...]

Author: Wayne Kress