Skunked
Many of our clients are invested in bond mutual funds managed by PIMCO out of Newport Beach, CA. Bill Gross, their Managing Director and noted Bond Guru recently takled our national debt crisis in his April 2011 Investment Outlook. In this article he talks about the need for our politicians to tackle this issue head Read more ➝
The Great American Ponzi Scheme
This week I have been enjoying a little down time with family and friends during spring break. In between skiing, eating and laughing I have had the opportunity to do a little reading. One of the articles that caught my attention is this one from the April 4-April 10, 2011 issue of Bloomberg Businessweek on the Read more ➝
Allocating More to Blue Chips
The March 7th, 2011 issue of Barron’s includes an article by Karen Hube that surveys the nations largest wealth managers asset allocation. Although individual allocations vary widely there appears to be consensus toward a larger allocation to Blue Chip U.S. Stocks. To gain a better insight into the thinking of these managers you can view Read more ➝
USA Incorporated
The cover story of the February 28 – March 6, 2011 issuer of Bloomberg Businessweek poses a very provocative question, “Would you invest in a company that lost $2 trillion last year and has a net worth of negative $44 trillion?” The company they are speaking of?–The United States of America. The author, Mary Meeker Read more ➝
Wealthy Americans eyeing stocks this year
On February 22, 2011, InvestmentNews reported that about 52% of ultrahigh-net-worth households said they are likely to buy stocks or stock mutual funds this year according to a survey by Spectrem Group. Click the photo to the right to view the entire article.
CBS Profit skyrockets in fourth quarter
A rebounding advertising market and politicians throwing money around in advance of the Novemeber elections helped CBS Corp. post fourth quarter earnings that were more than quadruple its profit from the year-earlier period. Click the logo to the right to view the entire article from the Thursday, February 17th, 2011 Los Angeles Times.
Cargo traffic jumps 13% at local ports
On February 17th, 2011 the Los Angeles Times reported significant gains in cargo traffic at the Los Angeles and Long Beach ports in the month of January. “…companies are placing their bets now on whether consumers are going to be buying this spring and throughout the rest of the year”, said Art Won, a spokesman for Read more ➝
January retail chains post 4.2% increase
Major chain stores posted an impressive 4.2% sales increase in January compared with the same month a year earlier,handily exceeding analyst’ expectations. Click on the photo to the right to view the entire Los Angels Times Aricle.
Encore Encore
The August 9 – August 15, 2010 issue of Bloomberg Businessweek contains an article on the tax cuts implemented in 2001 and 2003 during President George W. Bush’s term of office. The article argues that the cuts, promoted by Glenn Hubbard, President Bush’s first chief economic adviser did little to stimulate the economy but did contribute Read more ➝
