Near Flat Cargo Growth at Local Ports
The ports of Long Beach and Los Angeles report combined near-flat growth of 1.8% for the month of April as compared to a year earlier. Some Economist suggest that this is further proof of a slowing Chinese economy. This on top of already anemic growth rates in Europe have some concerned that there will ultimately Read more ➝
Europe takes a sharp turn to the Left
The recent elections in France and Greece suggest that Europe has taken a sharp turn to the Left electing officials who view the recently agreed upon austerity measures as too severe. Time will tell how this affects Europe which is already mired in a recession, but with pledges like those from France’s President-Elect Francois Hollande to Read more ➝
Home ownership at 15 year low but market “heading back”
“Housing is adding to growth now and I think it is going to continue going forward.” states Patrick Newport of IHS Global Insight. This in spite of recent data that shows home ownership at a 15-year low. “We are headed back to a market that we had 20 years ago, where to qualify for a home Read more ➝
