Major indices hit record highs, Central Coast stocks benefit
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Tri-county unemployment rate down from April, up year-over-year
The unemployment rate in each of the tri-counties saw continued declines in May from April, but the jobless rate is still higher than at this time a year ago. According to the latest data provided by the California Employment Development Department on June 20, the unemployment rate for the Central Coast was 3.8% in May, down below 4% for the Read More →
Reagan Library economic forum covers variety of topics
A national economic forum was held May 29-30 at the Ronald Reagan Presidential Library in Simi Valley. The two-day event featured panel discussions on a variety of topics including AI and economic growth and China and the U.S., and a keynote address by U.S. Secretary of Energy Chris Wright. Another panel discussed barriers, including permits Read More →
Portfolio watch
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Tri-county unemployment rate trickles down to 4.1% in April
The unemployment rate in each of the tri-counties saw slight declines in April from March, as each county also added more nonfarming jobs during the month. According to the latest data provided by the California Employment Development Department on May 16, the unemployment rate for the Central Coast as a whole was 4.1% in April, down from 4.5% in March and a two-year Read More →
Taking stock: EP Wealth exec discusses global stocks, de-dollarization
Editor’s note: Continuing our Spring Economic Forecast investor panel discussion, Taking Stock visited with Adam Phillips, the managing director of investments at EP Wealth Advisors, for this email exchange on May 9. These answers were lightly edited for content. To suggest future topics, email us at [email protected] Q. Give me your thoughts about the investment climate Read More →
Dubroff: Managing uncertainty is the No. 1 challenge of 2025
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