This Era of Low-Cost Oil Is Different

In a recent LinkedIn post, Mohamaed El-Erian, Chair, Investment Advisory Committee at Microsoft, makes the case for lower oil prices for some time to come–the political and economic consequences of which could be dramatic.  CLICK HERE to view his post.

Could Apple be considering the iTesla?

Shares of Tesla surged on Tuesday as investors speculated on a merger between Tesla and Apple after Tesla CEO Elon Musk was rumored to be meeting with Apple’s head of mergers and acquisitions team, Adrian Perica, this according to the Los Angeles Times. The move marked the first time the Tesla closed at more that  Read more ➝

Steady Economic Recovery

Today, the Los Angeles Times reports that the State of California is poised to experience a steady pace of recover in the next two years in the area of job growth. This according to the Los Angeles County Economic Development Corporation. Orange County is leading the charge followed by Los Angeles County and the Inland  Read more ➝

Tax overhaul bill put on hold

Buried in an article about the  House Ways and Means Committee Chairman Dave Camp postponing and extenders bill was some very interesting information about another bill that he is working on.  One that would reduce the maximum income tax rate to 25% but also do away with or eliminate mortgage interest deductions–sacred to most homeowners  Read more ➝

Red Flags Rise on Emerging Stocks

Monday’s Wall Street Journal discussed the intermediate term future for emerging markets.  A growing number of analysts find the recent rebound in emerging markets troubling.  Developing country equities are up 16% since June.  Theeir message: Proceed at your own risk.  Based on a five year forecast, U.S. small cap stocks are still a better growth  Read more ➝

Investors Turn From Once-Hot REITs

Investors fled Real Estate Investment Trusts en mase since mid May when Federal Reserve Chairman Ben Bernanke suggested that the Federal Reserve’s accomodative monetary policy might soon come to a close.  Their concerns appear to be  twofold; there’s concern that higher borrowing cost will impair REIT’s ability to continue to pay handsome dividends and also concern  Read more ➝

Paul Ryan: Here’s How We Can End This Stalemate

In an op-ed post in today’s Wall Street Journal (to read CLICK HERE), Representative Paul Ryan, R-Wis, proposed broading the Congressional dialouge beyond a conversation on the Affordable Care Act (aka Obamacare) to include a conversation about changing the tax code and tackling Medicare funding–two topics that, at least in theory, garner broad bi-partisian support.   Read more ➝