Previously published on December 16, 2016 in the California Economic Forecast publication. United States housing sales have been climbing since the recession, but are still relatively low. This is particularly true once the home sales […]
Read morePreviously published on December 16, 2016 in the California Economic Forecast publication. The United Sates economy continues to grow at less than its potential. The 12-month moving average of job creation has been falling steadily […]
Read moreThe Financial Analyst Journal (FAJ) is a terrific publication put out by the CFA Institute. This group also sponsors the Chartered Financial Analyst (CFA) designation. In a recent issue (September/October 2016), a panel of leading […]
Read moreRay Kurzweil is a brilliant inventor and author and is currently Chief Scientist at Google. He is known for many things, but perhaps most notably for the idea of the “Singularity.” This is a time […]
Read moreIn 1693, as related by economist Moshe Milevsky in his book King William’s Tontine, King William of England (actually a Dutchman and formerly William of Orange) sold to investors an interesting financial product. Each buyer […]
Read morePreviously Published in CERF’s September California Economic Forecast There are no surprises in our California forecast. There aren’t any changes either. We expect California to continue plugging along as it has for several years now. […]
Read morePreviously published in CERF’s September 2016 Economic Forecast publication: I have complained for years that California’s economy is not performing as it should, and it’s not working for a large part of the population, young […]
Read morePreviously Published in CERF’s September 2016 California Economic Forecast: It’s time for another presidential election. Each candidate is promising new initiatives that will bring prosperity to Americans. So, we’re forecasting vigorous economic growth? No. Our […]
Read morePreviously Published by Bill Watkins in the September 2016 California Economic Forecast A decade of slow or declining economic and job growth has been accompanied by fundamental changes in America’s job composition. Those changes have […]
Read moreLet’s think about the structure of the perfect retirement investment vehicle. The perfect vehicle would have annual payouts that exceed what could be achieved by buying bonds or other asset classes. The perfect vehicle would […]
Read moreWilliam Goetzmann has written a masterful book (Money Changes Everything) on the role of finance in world history. The basic message is that financial development has played an enormous role in the advancement of civilization. […]
Read morePreviously published on August 26, 2016 on newgeography.com Most discussions of our slow economic growth includes a seemingly compulsory demand for increased public capital spending, so-called infrastructure spending or simply “roads and bridges.” Both Donald […]
Read more