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Kimberly Adams

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
2916 total appearances

Appearances Over Time

Podcast Appearances

Marketplace
Refineries brace for crude drought

But trying to predict what the Fed will do is complicated.

Marketplace
Refineries brace for crude drought

Now there's the conflict in Iran and the resulting jump in oil prices to consider, too, says Stephen Bushbaum at TREP.

Marketplace
Refineries brace for crude drought

...by trying to stimulate growth.

Marketplace
Refineries brace for crude drought

If the Fed rates saw a cut, construction loans could too.

Marketplace
Refineries brace for crude drought

For his part, Robert Dietz at the National Association of Home Builders says for now, he's still expecting the Fed to cut rates twice this year, though he thinks those could happen later than initially forecast.

Marketplace
Refineries brace for crude drought

Because, he says, lower Fed rates mean lower construction loan rates, which would potentially mean more supply and lower prices for buyers.

Marketplace
Refineries brace for crude drought

I'm Carla Javier for Marketplace.

Marketplace
Refineries brace for crude drought

We talked earlier about the Winter Paralympics, and even though it's March now, there is still a bit of the winter snow sports season left for those of us not quite ready for our Olympic or Paralympic debut.

Marketplace
Refineries brace for crude drought

But as the warm weather rolls in and the snowpack disappears, it's time for ski resorts to start closing the slopes and do some accounting to see how the season went for them.

Marketplace
Refineries brace for crude drought

But in the last few decades, that end-of-year tally has been looking different for ski resorts that accept certain ski passes.

Marketplace
Refineries brace for crude drought

Roberto Ferdman is a senior video correspondent with The Wall Street Journal, where he produced a piece called How Vail Changed the Economics of the Entire Ski Industry.

Marketplace
Refineries brace for crude drought

Roberto, welcome to the program.

Marketplace
Refineries brace for crude drought

So this piece really hinges on what's called the epic pass from Vail.

Marketplace
Refineries brace for crude drought

What is it and how does it work?

Marketplace
Refineries brace for crude drought

And why was that an important catch?

Marketplace
Refineries brace for crude drought

How has this pass model, like that Vail rolled out with the Epic Pass, changed the industry overall?

Marketplace
Refineries brace for crude drought

So you mentioned this a bit already, but in addition to the Epic Pass, there's the Icon Pass and the Indy Pass.

Marketplace
Refineries brace for crude drought

What does it mean, especially for skiers and snowboarders, that this pass system is now so pervasive throughout the system?

Marketplace
Refineries brace for crude drought

So even though these passes have been such a big moneymaker for Vail and similar resorts, sales for that pass have been slowing in recent years.

Marketplace
Refineries brace for crude drought

What do you see as the future of the system?