Garufis: Bankers busy with second round of PPP
By Janet Garufis It’s after 8 p.m. on April 27, the day the second tranche of PPP funding was made available by the Small Business Administration, and I’ve just completed our PPP update call with the dedicated group of Montecito Bank & Trust professionals who are responsible for making PPP a reality for hundreds of Read More →
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Our view: Restarting tourism industry takes planning
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Read More →Our view: SLO County reopening would yield lessons
With public officials and some health departments beginning to pivot toward re-opening the Tri-Counties for business, there is a single message that stands out — one size fits all won’t work for California. The state is too big, with too much geography and too much diversity of population density to respond to a single approach. Read More →
Read More →Damooei: Poverty is a lethal human-made disease
By Jamshid Damooei What makes us human is an important question, and the answer is not always clear. If life is a microcosm of our natural world, what place does our way of life hold and where does economics appear on the scene? I have been wrestling with this question for a big part of Read More →
Read More →Our view: Oil price crash cause for celebration on Earth Day
As we approach the 50th anniversary of Earth Day, the Crown Prince of Saudi Arabia and Russian President Vladimir Putin have done what 50 years of protests could not accomplish. Their ill-timed decision to launch a price war has made it more economical to leave oil in the ground than to drill for it anywhere Read More →
Read More →Our view: COVID-19 preventative measures have delivered results
This is what flattening the curve looks like. Across the Tri-Counties, new coronavirus cases are beginning to level off — with the exception of the Lompoc area, where a federal correctional center has emerged as a rare hot spot. Case counts and deaths per 100,000 population are low compared to other parts of the country Read More →
Read More →Lisi: COVID-19 impacts values and acquisitions
By James Lisi From Feb. 20 to March 20, the bond risk premium jumped two points. This jump was larger than any previous move over a one-year period. Well-regarded economists are forecasting 20 percent to 35 percent fall in Gross Domestic Product for the next few months. We have just exited the best market for Read More →
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