Home price gains disappear

The Los Angeles Times reported yesterday that previous gains that occurred since the market bottomed in the Spring of 2009 have vanished.  As most individuals largest asset and a big contributor to economic growth, this information suggest housing will continue to be a drag on our recovering US economy.  To view the entire article on the  Read more ➝

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 ➝