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August 2014

08/27/14

Market and economic update: Fed dominated last week’s economic data

Federal Reserve news dominated economic data last week. The minutes of the July Federal Open Market Committee meeting seemed to indicate the Fed believes the economy and labor markets are consistently improving and rates may be allowed to rise sooner rather than later.

Posted at 04:09 PM | Permalink | Comments

08/20/14

Market and economic update: U.S. economic data continues to trend positive

The positive trend in U.S. economic data continued last week. Industrial production grew 0.4% in July and nearly 5% over the past year, the highest year-over-year pace since January 2011, with capacity utilization (the rate of usage for industrial equipment) inching up to 79.2%, the highest level since 2008.

Posted at 10:04 AM | Permalink | Comments

08/18/14

Dedicated night owl finds time for Get Fit Challenge

I hate working out. I have a treadmill. I have a weight machine. I have a room dedicated to working out. And I hate doing it. It’s boring. I would much rather play a pickup game of basketball or go hiking or go for a bike ride. Problem is, by the time I can get a workout in, it’s late at night.

Posted at 01:49 PM | Permalink | Comments

08/18/14

Must employees be paid for time spent prepping for the workday?

Many employers have employees who must arrive at work before their official start times to get their workstations ready. For example, a call center employee who works from 9 a.m. to 5 p.m. may need to arrive at work in the morning with enough time to boot up a computer, log in to company systems, and otherwise be ready to take the first call at 9 a.m. so that he or she will be considered “on time” per the company’s rules.

Posted at 01:22 PM | Permalink | Comments

08/13/14

Market and economic update: U.S. employment market remains strong

After the recent bumper crop of economic data, last week’s calendar was quite meager. The U.S. employment market remains strong, with the four-week average of initial unemployment claims falling below 300,000 for the first time in eight years.

Posted at 04:11 PM | Permalink | Comments

08/11/14

10 things you should know about Wisconsin’s new trust code

On Dec. 13, Gov. Scott Walker signed the New Wisconsin Trust Code (WTC) into law. With an effective date of July 1, 2014, the WTC fundamentally changes the law that governs Wisconsin trusts — both trusts that existed before July 1 and that have been created afterward.

Posted at 01:51 PM | Permalink | Comments

08/11/14

Get Fit fishing fan finds yoga

For me, the summer has always meant traveling up north, spending time fishing, and attending lots of weddings, which all involve a lot of unhealthy food and drink and make it difficult to spend time in the gym.

Posted at 11:54 AM | Permalink | Comments

08/11/14

Know the 4 Cs of commercial banking before applying for a business loan

The iron is hot for businesses looking to grow in the next year, thanks to continuing economic recovery and low interest rates. These low rates put bank loans for equipment, real estate, working capital, and other needs within reach for more companies.

Posted at 11:25 AM | Permalink | Comments

08/07/14

Market and economic update: Positive economic data draws attention to Fed’s interest rate plans

Last week provided a significant number of data points regarding the state of the U.S. economy. On the positive side of the ledger, the economy recovered from the first-quarter slump, U.S. real gross domestic product (GDP) grew 4% annualized in the second quarter, and the Institute for Supply Management (ISM) Manufacturing Index reached its highest level since 2011.

Posted at 08:58 AM | Permalink | Comments

08/04/14

Investing is like fishing, but you can make your own luck

Recently I had the opportunity to go salmon fishing on Lake Michigan with clients and colleagues. We had a great outing when all was said and done because we brought fish back to the dock. However, we were out on the lake for five hours and caught five fish. That’s one fish per hour, which means a lot of downtime waiting for the next bite.

Posted at 11:26 AM | Permalink | Comments

08/04/14

41K calories and 99 workouts: One Get Fit challenger crunches the numbers

I’m a data architect by profession. I love statistics. I’ve found they’re even more fun when they apply to me. I’ve been keeping a detailed spreadsheet since I started at Hybrid Fitness on March 31. I’m in Grant Brooks’ class every weekday morning at 5:30, and I also work out at Hybrid on the weekends. At the end of each workout, my bright green heart-rate monitor displays how many calories I’ve burned, my average and maximum heart rate, and other interesting facts.

Posted at 10:59 AM | Permalink | Comments

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