Deflation Fears Likely Overdone
In 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 ➝
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.
Falling 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 ➝
Stocks tumble with drop in oil
U.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 ➝
Promising jobs report suggests Americans’ earnings are rising again
Today’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 ➝
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 ➝
