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Investing in volatile times can work

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When the stock market is high, poised possibly to fail, and when interest rates are at rock bottom, where does a person invest his or her money? “The stock market is up 180 percent from the March 9, 2009 bottom,” said Certified Financial Planner Jeff Jensen. “They remember when they lost 57 percent of their… Continue Reading Investing in volatile times can work

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Local economy on a slow rebound

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Economic numbers from early 2014 would lead economists to believe there’s another recession in America. Not so, said Fred Crowley, a UCCS professor of economics, economic consultant and well-known authority on the subject.  In the first quarter of the year, the gross domestic product dropped 2.9 percent, an annualized number, Crowley said. “Normally, if you… Continue Reading Local economy on a slow rebound

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City lags at the wrong time

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Usually in this space, we look at issues through an upbeat lens, helping readers see the positive aspects of the Colorado Springs-area business community. We think it’s important to make sure more people hear and learn about the good things happening in our midst. But sometimes it’s just as vital to share and analyze what’s… Continue Reading City lags at the wrong time

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Colorado residents shoulder the 32nd highest state and local tax burden in the country, according to the Annual State-Local Tax Burdens report released today by the nonpartisan Tax Foundation. Using the most up-to-date data available, the report shows that taxpayers in Colorado paid 9 percent of their collective incomes in state and local taxes in… Continue Reading Colorado has 32nd highest state-local tax burden in the U.S.

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Springs lags in Recession recovery

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Springs lags in Recession recovery

Colorado has more jobs than ever, but recovery from the Great Recession continues to elude some areas of the state, including Colorado Springs. Those are some of the findings included in a report from Colorado State University’s Regional Economics Institute (REI). The report said the economy in the northern Front Range has seen the most… Continue Reading Springs lags in Recession recovery

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Economic Forum names new director

The Southern Colorado Economic Forum confirmed Friday that it has hired a new director to start this summer, relieving current directors Fred Crowley and Tom Zwirlein. Tatiana Bailey, who now works as an instructor at the University of Michigan and Walsh College, will become the Forum’s new director on June 15, the Forum announced in… Continue Reading Economic Forum names new director

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Bernanke touts benefits of Junior Achievement’s finance program

Outgoing chairman of the Federal Reserve, Ben Bernanke, spoke to a crowd of educators on Wednesday about financial literacy, the economy and the importance of teachers. In a live-streamed event from Washington, D.C., Bernanke oversaw a program billed as a “Teacher Town Hall: 100 Years of the Federal Reserve,” as reported by Michele Molnar in… Continue Reading Bernanke touts benefits of Junior Achievement’s finance program

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Budget uncertainty hurts business, government

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When asked to compare my experience as a senior business executive with my time as an Air Force general officer, my response is that the two are not all that different. People matter most; leadership with clear goals is essential; assessing risk and reward is a constant requirement. Another common thread: Stability and predictability are… Continue Reading Budget uncertainty hurts business, government

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Forum evaluates stocks in favorable tone

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Jovial best describes the mood of the audience and Tom Naughton, Southern Colorado regional president, at a recent U.S. Bank Economic Forum breakfast at the Antlers Hilton. Norman Alvis, senior portfolio manager for the bank, zipped through an investment outlook that kept people on the edge of their seats. Some highlights: Markets move in phases.… Continue Reading Forum evaluates stocks in favorable tone

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Local economy gears up to climb

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Once wrecked, then patched up for several years, the economy locally continues to improve, rolling along at a modest pace. Not that the region — or the nation, for that matter — ought to expect robust growth any time soon, if ever. “The new normal” of economic growth, as Jim Paulsen, chief investment strategist at… Continue Reading Local economy gears up to climb

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