This Era of Low-Cost Oil Is Different
In 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.
Could 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 ➝
Steady Economic Recovery
Today, 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 ➝
$85 Billion in Fed Stimulus but still no inflation. What’s up?
These days we hear a lot about Federal Reserve stimulus and the hazards that come with it, not the least of which is inflation. Well, according to recent data, it turns out that inflation is not rising and in fact is falling. With the Fed buying back $85 billion per month in mortgage backed securities Read more ➝
Tax overhaul bill put on hold
Buried in an article about the House Ways and Means Committee Chairman Dave Camp postponing and extenders bill was some very interesting information about another bill that he is working on. One that would reduce the maximum income tax rate to 25% but also do away with or eliminate mortgage interest deductions–sacred to most homeowners Read more ➝
Red Flags Rise on Emerging Stocks
Monday’s Wall Street Journal discussed the intermediate term future for emerging markets. A growing number of analysts find the recent rebound in emerging markets troubling. Developing country equities are up 16% since June. Theeir message: Proceed at your own risk. Based on a five year forecast, U.S. small cap stocks are still a better growth Read more ➝
With stock funds, ‘passive’ keeps beating ‘active.’
A client of ours shared an article with us from the October 6th, 2013 issue of the Los Angeles Times titled, With stock funds, ‘passive’ keeps beating ‘active.’ But many investors still gamble. I guess he remembered me making this same statement, as I am sure most of my clients have also heard. Although Read more ➝
Investors Turn From Once-Hot REITs
Investors fled Real Estate Investment Trusts en mase since mid May when Federal Reserve Chairman Ben Bernanke suggested that the Federal Reserve’s accomodative monetary policy might soon come to a close. Their concerns appear to be twofold; there’s concern that higher borrowing cost will impair REIT’s ability to continue to pay handsome dividends and also concern Read more ➝
Paul Ryan: Here’s How We Can End This Stalemate
In an op-ed post in today’s Wall Street Journal (to read CLICK HERE), Representative Paul Ryan, R-Wis, proposed broading the Congressional dialouge beyond a conversation on the Affordable Care Act (aka Obamacare) to include a conversation about changing the tax code and tackling Medicare funding–two topics that, at least in theory, garner broad bi-partisian support. Read more ➝
