👀 Into the Solar System

Author

Chloe Dankert
February 28, 2025

😁 Happy Friday! Iowa weather can be so…. unpredictable. One minute, it’s sunny and warm, and the next, we’re bundled up like we’re preparing for an Arctic expedition. It’s like the weather’s got a split personality, and we’re just along for the ride. Honestly, it’s been giving us whiplash worse than a bad reality TV plot twist. But don’t be fooled by these temperature tantrums— Spring is only 20 days away!

Today 🌤️ Hi 59, Sat 🌤️ Hi 36, Sun ☀️ Hi 48, Mon 🌤️ Hi 56

B&A Club: 
🎂 Happy Birthday
none reported
🥂 Happy Anniversary
none reported

MARKETS FROM SHERWOOD

Right after Nvidia’s earnings affirm AI boom, Deutsche Bank warns on historical busts

How this capex boom differs from previous historical episodes.
Luke Kawa

(Nvidia)

“We are currently in the midst of a once-in-a-generation private sector capex boom as AI mania sweeps the world,” Deutsche Bank analysts led by Jim Reid wrote on the heels of NvidiaNVDA $127.31 (-3.02%)’s fourth-quarter earnings report, which largely affirmed a positive near-term trajectory for this spending binge.

The bad news about booms, however, is that they tend to lead to busts.

The analysts examined past instances of sector-specific massive upswings, from the 1790s canal mania in England through China’s recent urbanization and land boom, to see what these episodes have in common and any distinguishing factors between them and the current AI investment campaign.

They found the typical features of a boom-bust cycle are:

  • Asset price inflation (check!)

  • Leverage and debt dynamics (no check!)

Megacap tech companies are financing their AI outlays out of their massive cash-generating prowess. read more

LOCAL NEWS

Carroll County Supervisors Reinvest Down Payment Assistance Funds Back Into Program

The Carroll County Board of Supervisors will reinvest clawed-back funds into the Region XII Regional Housing Authority to provide additional down payment assistance to qualifying homebuyers in the county. Housing Programs Coordinator Karla Janning says one of their previous recipients did not complete their required residency period, so over $11,000 is returning to the program. Janning says the supervisors have three options. They can offer the funds as down payment assistance as a forgivable loan, as they did previously, reallocate the money to the housing trust fund, or designate the funds to qualifying home rehabilitation projects via an advantaged loan. Janning notes they are routinely contacted by people interested in the down payment assistance program, and Supervisors Scott Johnson and Gene Meiners say that seems like the quickest and easiest option to see the funds used. Supervisors Mark McCrea, Stephanie Hausman, and Mike Andersen agreed with that, and the board voted unanimously to reinvest the funds into the down payment assistance program to add another application slot. To be eligible, the recipient must be a first-time homebuyer and meet income eligibility guidelines. Individuals are encouraged to reach out to Janning at Region XII by phone at 712-775-7825 or email at [email protected] to determine if they qualify.

More Local Headlines

PODCAST
MUST KNOW PEOPLE-Season 2

John Ryan is back with another season of Must Know People. First episode will be dropping soon so follow this link to subscribe so you don’t miss it. We also have a Podcast Network with a variety of podcast from our local sports and news departments to news affiliates to clients and specialist in our area.

AREA NEWS
Area headlines

🎣 Lake View Mayor, John Westergaard is stepping down from his position after an almost two-decade tenure. Westergaard served on the Lake View City Council prior to being voted in as mayor, and was known for his passion and drive for making Lake View the community it is today. Westergaard says he has seen many projects completed in his time as mayor and is glad to see Lake View thriving. Westergaard is resigning due to health reasons, as he says the demands of the job for the past six months has been very stressful on him. He did receive good news that his worst fears regarding his health are not a concern, which is he thankful for. While unable to share exactly the next steps for appointing a new mayor, Westergaard says he believes good things are hopefully coming to Lake View. Westergaard says he still plans to help out anyway he can with events and projects for the Lake View community. He wants to thank all of the city officials and staff that have worked with him over the last years for everything they have done, even though much goes unnoticed. For the time being, Mayor Pro Tempore, Ken Steinkamp, will serve in the role until further guidance is made on how city council would like to proceed to permanently fill the vacancy of both the mayor and city administrator.

🚨 A Nebraska man has entered a plea agreement with prosecutors after attempting to steal a car from a residence in Manning. According to Carroll County District Court records, 26-year-old Caleb Jaymz Douglas Thomson of Burt, Neb. attempted to steal a BMW from a house in the 50 block of Ann Street in Manning on Oct. 3, 2024. After being caught by the owner, Thomson started showing aggression towards the victim, following him to his shop and attempting to kick the door in. Thomson entered the shop, and followed the victim to his house and tried to gain entry to the residence. Thomson has entered a plea agreement to one count second-degree burglary, a class C felony. Per the agreement, all other charges will be dismissed. A plea hearing has been scheduled for March 10 at the Carroll County Courthouse. Thomson can face a maximum penalty of up to ten years in prison and a $10,000 fine.

💰️ The Greene County Opioid Settlement Allocation Committee invites organizations in the area that provide services in Greene County to apply for Fiscal Year (FY) 2026 funding. Eligible applicants include schools, hospitals, substance abuse prevention providers, and other similar entities. Nearly $175,000 of the $275,000 allocated to Greene County through the nationwide opioid settlement with pharmaceutical manufacturers and distributors is still available for use within Greene County. Additional weight will be given to applications that prioritize the prevention and abatement of opioid abuse and treatment for individuals with opioid addictions. Applications are due by March 15 and must include the requested amount, a brief summary of the project, the targeted population, the number of people expected to be served, and a timeline for project completion. Forms are available via the Greene County website, a link to which is included here, or at the Greene County Treasurer’s Office.

LOCAL SPORTS
PODCAST: Weekly Sports Recap and Preview with Area Coaches

At the start of each week the Carroll Broadcasting Sports Network Crew catches up with area high school coaches to recap their previous weeks events and previews the match up for the week ahead. If don’t follow this podcast yet, you should, get in depth dialogue from our area coaches by clicking here.

More Sports:

If you want the latest local sports anytime when you want it, download our APP to read, listen, and watch everything our local sports department has to offer!

STATE NEWS
How to see the planet parade in the night sky

On Feb. 28 all seven other planets in the solar system will be visible in North America.

This week, a rare astrological phenomenon is happening in our night sky. All seven other planets in our solar system will be visible from North America, in a display known as the planet parade.

Allison Jaynes, associate professor in the department of physics and astronomy at the University of Iowa, explained that most planets are close to the ecliptic plane.

“[It’s] sort of just like a flat sheet of paper that intersects through the middle of the sun and the Earth, and all the other planets are just kind of moving around the sun on that flat sheet of paper,” Jaynes explained on River to River. “So they're often in an alignment of some kind.”

What is special about this week is that the planets happen to be on the same side of the sun at the same time, so stargazers in Iowa will be able to see the planets simultaneously.

“It doesn't happen very often, and in fact, it won't happen again until 2040,” Jaynes said.

Most of these planets can be seen with the naked eye on a clear night, with the exception of Uranus and Neptune, the planets furthest away from the sun. However, they'll be visible with an at-home telescope or high-powered binoculars.

Telescope users will also be able to see the rings of Saturn and the moons of Jupiter.

When locating the planets in the sky, the red color of Mars makes it easy to identify. Jupiter and Saturn will look like bright white stars. Saturn will be low in the sky, so finding a place to view the parade without mountains or buildings obstructing the sky is key.

If you want an additional tool to understand what you’re looking at, Jaynes recommends using the app Stellarium. In the app, you can point your phone at the night sky and it will label what you're looking at.

Friday, Feb. 28 is the day the planets will be most closely clustered together, but it will be possible to see them a few days before and after Friday.

To hear this conversation, listen to River to River, hosted by Ben Kieffer. Caitlin Troutman produced this episode.

MORE STATE NEWS:

MORE NEWS
What else!

WEEKEND
To Do List

✅CLEAN TOK: 6 places you’re forgetting to clean at home.
✅H20: Here are 5 things you probably didn’t know about drinking water
✅GET OUTSIDE: There are so many benefits to simply being in the sunlight.
✅REFRESH: 7 ways to refresh your home for Spring— It’s just around the corner!
✅POP QUIZ: Daily Trivia for Friday, February 28th 2025 😋
✅SATURDAY: Manning Hausbarn-Heritage Park 8th Annual Rib & Soup Cookoff!
✅SUNDAY: Glidden Park & Rec’s Couples Cornhole Tournament!

TODAY IN HISTORY:
In 1983, the final episode of popular television series M*A*S*H aired on February 28th, breaking records with an estimated 125 million viewers in the United States, making it one of the most-watched television events in history.

GAMES
Ready…Get Set…Go

Crossword Time: For those of you that wake up each morning wanting a challenge—how fast can you finished this quiz. Ready…get set…go.

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