In business, leaders guide teams to achieve goals beyond individual capabilities. But what sets a leaderapart is their ability to envision and execute long-term goals that drive sustainable growth andorganizational success.The Executive Leadership Workshop at NACM’s 128th Credit Congress in…
Some Updates From the Watch As many of you are aware, Armada produces a monthly tome we call The Watch. I know that for the ever-alert NACM Connect reader this is their definitive guide to the economic world as NOBOBY…
It is a campaign year and we all know the drill by now. It was summed up by James Carville back in the Clinton years. “It’s the economy, stupid”. The campaigns thus far have focused on the party faithful and…
The “big” win: In a decision that helps balance Subchapter V’s pro-debtor provisions, the U.S. Court of Appeals for the Fifth Circuit recently held that the Bankruptcy Code’s exceptions to discharge apply to a corporate Subchapter V debtor with a…
Time to revisit the fable of Henny Penny? This tale of fear mongering is better known in the US as the story of Chicken Little. A quick review of the plot may be in order as we examine the prospects…
There is always something happening in the economy guaranteed to make a fool of economists. After all, the only function of economic forecasting is to make astrology look respectable. Most of last year the predictions were some version of gloom…
Q3 Real GDP estimates showed surprising growth of 4.9%, largely on the back of stable consumer spending, strong nonresidential construction, some mild inventory building activity, and government spending. Forecasts for next year show a weaker Q1 and Q2 potentially. Manufacturing…
There has been a lot of ferment in the oil and gas sector of late. That was before the outbreak of open war between Israel and the extreme militants in Hamas. Within hours the per barrel price soared by over…
The dominant story in the vehicle sector at the moment is the UAW strike and as one would expect the situation changes by the hour. The strike that has been called affects Ford, General Motors and Stellantis (Chrysler). This is…
Thus far this year the US economy has managed to dodge the expected recession and there has been many a sigh of relief as the worst of the predictions have not come to pass. For those that have been paying…
