News

With all the talk of a double-dip recession, the wheels falling off the cart and our country veering off into the abyss, there are still many, including a few billionaires, who are still very bullish.  This article, originally published in the May 23rd, 2011 issue of Fortune magazine gives one bullish investor’s point of view.   Read more ➝

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  Read more ➝

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  Read more ➝

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  Read more ➝

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 ➝

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 ➝

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 ➝

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 ➝

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 ➝