Each month, I’ll send out an email asking you to ask me questions for the monthly Q&A. You can submit your questions by commenting on this post, sending them via email, or scribbling them on a tiny note, strapping it to a carrier pigeon’s leg, and telling it to find me. If you see someone else has asked your question in the comments, give it a like (by clicking the heart button). The more likes, the more likely I am to answer that question.
How should subcontractors bid work today? If you include all the costs, you lose the bid. If you put in a cost escalation clause in your contract, the owner rejects it. What does an Economist recommend?
AB - what are the economic factors that are driving the level of inflation we are currently seeing? And please address the role of "expectations". Thanks! - MG
Might be too much to ask. I'm selling 5 acres of Chesapeake Bay Waterfront property for about 1.3M. I hope I can use that money to purchase a cottage or land up around the Boothbay Harbor area in Maine. I also have a home here on the Chester River in Grasonville, MD that I intend to use as my main home. I'd like to go to up north when it gets so hot and humid here in July and August and then again for Fall Leafpeeping. I was wondering wha the advantages might be if I make the Maine home a B&B. As I recall, you used to be able to use it personally for 8 weeks a year and any other time no one wants to rent it. Can you give me a few of your ideas on how to better utilize/and avoid taxes on this money and or the potential cottage in NE.
Can you speak to the high price of oil and the factors influencing the costs, including the policies that are created that have impacted these costs, the outlook. Just 1.5 long years ago, we had an overage of oil and no demand. Now, we seem to have skyrocketing costs that are driving up the costs of commodities and particularly bringing home the pain to the households.
AB:. Recalling your prediction for the first quarter 2022, how has economy performed against that prediction? Would you revise your Outlook in any way?
How should subcontractors bid work today? If you include all the costs, you lose the bid. If you put in a cost escalation clause in your contract, the owner rejects it. What does an Economist recommend?
AB - what are the economic factors that are driving the level of inflation we are currently seeing? And please address the role of "expectations". Thanks! - MG
I love the carrier pigeon option but will stick with emails! You are the best!
What is your best guess on the future of inflation? Will it back down soon? Or are we going to live with it for the long haul?
The Trucker block at Border - your thoughts on how quickly it will show in Material costs?
Might be too much to ask. I'm selling 5 acres of Chesapeake Bay Waterfront property for about 1.3M. I hope I can use that money to purchase a cottage or land up around the Boothbay Harbor area in Maine. I also have a home here on the Chester River in Grasonville, MD that I intend to use as my main home. I'd like to go to up north when it gets so hot and humid here in July and August and then again for Fall Leafpeeping. I was wondering wha the advantages might be if I make the Maine home a B&B. As I recall, you used to be able to use it personally for 8 weeks a year and any other time no one wants to rent it. Can you give me a few of your ideas on how to better utilize/and avoid taxes on this money and or the potential cottage in NE.
Can you speak to the high price of oil and the factors influencing the costs, including the policies that are created that have impacted these costs, the outlook. Just 1.5 long years ago, we had an overage of oil and no demand. Now, we seem to have skyrocketing costs that are driving up the costs of commodities and particularly bringing home the pain to the households.
What are the tools the Administration has in the shed to combat inflation? Would getting rid of the Trump tariffs help?
When do you see the current tide of inflation, interest rate increases, supply chain issues, etc. making a significant impact on consumer confidence?
AB:. Recalling your prediction for the first quarter 2022, how has economy performed against that prediction? Would you revise your Outlook in any way?