Today the City of San Jacinto will present the State of the City held at the Soboba Casino Resort Center. Mayor Russ Utz will give his first address since taking a seat on Council in 2016. This year has marked many milestones for the City. Energy and excitement on the many positive directions will surely be felt.
Growing up in the San Jacinto Valley, I remember the street of banks that had a claim to fame. The 74 and 79 brought visitors and economy through and into our restaurants, stores and to buy homes.
Tariffs have been delayed to December with renewed hopes by President Trump that some agreement would be made with China. September 1st additional tariffs were to kick in. August presented additional slowing economic data globally that resulted in multiple governments seeing their bond rates drop.
Market volatility has spiked the last two weeks as the Federal Reserve and U.S.-China trade negotiations reversed course. After raising rates each quarter last year,...