Expert Jeremy Siegel says stock market still the safest bet
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Read More →Dubroff: Assessing market risk as a new Fed chair takes the helm
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Read More →Time for the Fed to get out of the way
By Gerry Frigon A recent article by Anthony Mirhaydari, published in The Fiscal Times, wonders if the Federal Reserve is about to begin a “war on the rich.” Mirhaydari cites Merrill Lynch Chief Investment Strategist Michael Hartnett, who appears to suggest that such is the case in his call for a “big top” in stocks Read More →
Read More →Policy normalization must continue
By Dan E. Hamilton Since 2008, the Federal Reserve has been engaged in an unprecedented experiment, one without any economic theory to recommend it. Its policies are internally inconsistent. Some work to restrict credit. Others ease credit. The 2007 failure of New Century Financial, a leading subprime lender, did not derail the economy. However, when Read More →
Read More →U.S. unlikely to experience negative interest rates
Story updated at 10:30 a.m.: The U.S. is unlikely to experience negative interest rates, Federal Reserve Bank of St. Louis President and CEO James Bullard said at the UC Santa Barbara Economic Summit at the Granada Theater on May 5. He said U.S. labor market strength justifies the Fed’s vision of gradually rising rates and Read More →
Read More →More bank mergers on tap for 2016
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Read More →Adamski death marks end of an era for Central Coast
They were two entrepreneurs who defined the corporate culture in the Central Coast’s dot-com era. Michael Klein was the swashbuckling deal maker who knew how to finance things, built tech firms and loved to make deals with big players like Yahoo. His investment in bankrupt auto parts maker Dura Automotive gave him a national profile. Read More →
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