Recent polling shows money managers see trouble ahead. Reasons include: a lofty stock market valuation, a muddy economic outlook and polarized political landscape
This week, twenty (20) percent of the companies on the stock market will report their quarterly earnings. So far it seems over eighty (80) percent of those beat analysts expectations. Most companies have lowered their earnings, making it easier to beat.
If you weren’t aware, it’s that time of year where the local, regional communities get together at the Southern California Fair. This year’s theme is “Go Hog Wild.”
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.