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Feb 7 2015Strong jobs report shows wage growth
Today, the Los Angels Times reported that “Employers added 257,000 net new jobs in January as hourly earnings increased’. I expect that this information, along with low energy prices, rising housing prices and extremely low interest rates will likely be the catalyst for the Federal Reserve’s Board of Governors to begin raising the discount rate Read more ➝
Jan 29 2015ECB Stimulus exceeds forecastsThe European Central Bank announced a monetary stimulus package that exceeded most economist’ expectations and may be just what the doctor ordered to bring life back to the European Union’s economy. The Los Angeles Times reported (CLICK HERE to view article) that the ECB will enter into a bond buying program through September of 2016 Read more ➝
Jan 16 2015Deflation Fears Likely OverdoneIn the January 11, 2015 issue of the Los Angeles Times, Tom Petruno examines Wall Street’s latest “Worry Du Jour”, Deflation and provides ample evidence that deflationary fears are likely overdone. Although it is true that energy prices have recently fallen dramatically, healthcare and food costs have not followed. Also, lower energy prices are usually Read more ➝
Jan 9 2015This Era of Low-Cost Oil Is DifferentIn 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.
Dec 16 2014Falling Oil Prices Are A Good Thing. Right?As the price of Oil continues its decline, the equity markets continue to grapple with the effect that this will have on corporate earnings for the broad markets. As a recent Bloomberg article (CLICK HERE) points out the answer is not clear. Although consumers and manufactures will definitely benefit from lower prices, energy companies will Read more ➝
Dec 13 2014Stocks tumble with drop in oilU.S. Stock markets dropped significantly on Friday as investors tried to assess what effect dropping oil prices and slow growth in Europe will have on the economy and if now is the right time to take profits for what is turning out to be a fairly strong fourth quarter. Although lower oil prices will certainly Read more ➝
Dec 5 2014Promising jobs report suggests Americans’ earnings are rising againToday’s online edition of the Los Angeles Times reported significant US job growth for the month of November, exceeding analyst expectations by over 100,000 jobs. In addition to strong job growth, the article also reported an increase in earnings–a welcome sign for many who have not seen wage growth for quite some time. For a Read more ➝
Feb 19 2014Could 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 ➝
Feb 19 2014Steady Economic RecoveryToday, 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 ➝
