We live in an amazingly uncertain world, but that uncertainty is brimming with certainty! I know this may seem contradictory, but it is true, and worth the exploration. Yes, we do live in constant uncertainty. What will happen with certain businesses or industries if the economy shifts, if technology disrupts, or if a new product or service falls flat? There is no doubt that uncertainty breeds fear, anxiety, and even a type of mental agility that treads water until you feel all is clear.
But buried in these uncertainties are trends and data all around us that give us rather obvious information on what is to come if you know how to look for it! We may not know for sure how AI ChatBots like ChatGPT will be used in the future, but we do know that their use will only increase exponentially in both the business world and our personal lives! This…
The Federal Reserve Board meeting is over and there was good news and bad news. The good news is that they didn’t raise rates and held them where they were as expected. The bad news, well, there was more than just a little bad news, is the comments weren’t as encouraging as many had hoped, and the Fed “Dot Plot Chart” shows that they believe the Fed Funds Rate will stay above 5% for the rest of this year, possibly another hike this year, and the bad news doesn’t end there. The projections for 2024 rates are surprising. While 9 felt the Fed Funds Rate would fall below 5%, with the low projected at 4.25%; 10 members still have the Fed Funds Rate above 5% with even one projecting a rate that is past 6%! I don’t believe you need to panic, the Dot Plot Chart has pretty much been…
Nearly four of every five (78%) respondents to a recent housing survey support policies that promote building more housing, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. But just one-third (32%) of the respondents who are pro-building would feel positive about an apartment complex built in their neighborhood, and 20% of them would feel negative about it. Nearly half (48%) would feel neutral. Broken down by homeowners versus renters, 74% of owners support policies that promote building more housing, compared with 80% of renters. One-quarter (25%) of owners would feel positive about a new apartment complex built in their neighborhood, about on par with 28% of renters. Two in five (40%) owners would feel negative about a new apartment complex built in their neighborhood, and 35% would feel neutral. That’s compared with about one-quarter (24%) of renters feeling negative about the prospect of a new…
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