Archive for May, 2011

PIMCO Secular Outlook: Navigating the Multi-Speed World

Tuesday, May 17th, 2011

Each year local portfolio manager PIMCO hosts a Secular Forum where they invite some of the brightest minds in politics and economics to their local offices to discuss and debate what they believe the next three to five years have in store for the global economy and markets.  In the attached article, PIMCO CEO Mohamed A. El-Erian provides his summary of this year’s forum.  Please click the photo to the right to view the entire article.

Trade at L.A, Long Beach ports in April up 6.3%

Tuesday, May 17th, 2011

This week the Los Angeles Times reported that, “International trade at the ports of Los Angels and Long Beach improved by more than 6% in April, compared with the same month a year ago, but the pace of growth slowed”.  Often times cargo traffic can prove to be a great leading economic indicator as it can indicate manufacturer’s and retailer’s buying trends.  To view the entire article, click the photo to the right.

Purse strings staying open

Tuesday, May 10th, 2011

th On May 6th, 2011 the Los Angeles Times reported that retail sales surged in April despite higher gas and food prices.  This report comes on the heals of strong first quarter 2011 number and adds credence to the argument that the U.S. economy is improving, albeit at a slow pace.  To view the entire article, please click on the photo to the right.