News

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 ➝

On February 22, 2011, InvestmentNews reported that about 52% of ultrahigh-net-worth households said they are likely to buy stocks or stock mutual funds this year according to a survey by Spectrem Group.  Click the photo to the right to view the entire article.

A rebounding advertising market and politicians throwing money around in advance of the Novemeber elections helped CBS Corp. post fourth quarter earnings that were more than quadruple its profit from the year-earlier period.  Click the logo to the right to view the entire article from the Thursday, February 17th, 2011 Los Angeles Times.

On February 17th, 2011 the Los Angeles Times reported significant gains in cargo traffic at the Los Angeles and Long Beach ports in the month of January.  “…companies are placing their bets now on whether consumers are going to be buying this spring and throughout the rest of the year”, said Art Won, a spokesman for  Read more ➝

Major chain stores posted an impressive 4.2% sales increase in January compared with the same month a year earlier,handily exceeding analyst’ expectations.  Click on the photo to the right to view the entire Los Angels Times Aricle.