Dubroff: Trade war could push Tri-Counties back into a recession
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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 →Regulators back Pacific Premier acquisition of Heritage Oaks
The board of governors of the Federal Reserve System and the California Department of Business Oversight approved Irvine-based Pacific Premier Bancorp’s acquisition of Heritage Oaks Bancorp in Paso Robles, the company announced in a news release March 21. The all-stock deal, announced Dec. 13, is valued at $405.6 million or $11.68 per share. It combines the Read More →
Read More →Tri-county community banks ready to be heard on financial policy
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Read More →Fiscal reform needed as pension time bomb ticks away
America’s summer of fiscal discontent is coming to a close on a downbeat note. The California legislature is preparing to wind up its session having stirred up a lot of controversy but done almost nothing to address the state’s ongoing pension crisis. The burgeoning shortfall now adds up to $139 billion in the CalPERS fund 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 →
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