Dubroff: What to remember during this latest market tumble
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Portfolio watch
With stocks in an August meltdown, Mechanics Bank Wealth Management has been telling investors to keep calm and carry on. “The Federal Reserve has been specifically working for over a year to let some air out of the job market since a too hot job market can result in higher inflation than desired,” it tells investors warning Read More →
Dubroff: What to remember during this latest market tumble
The stock market’s quick tumble from record highs to correction levels has made the average investor 10% poorer — at least on paper. And what happens next is far from clear. But after living through a number of these cycles, here’s a bit of perspective. • We’ve quickly gone from a rising tide of tech Read More →
Portfolio Watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Santa Barbara financial firm acquires Boston company
Santa Barbara-based World Investment Advisors, a subsidiary of World Insurance Associates, announced July 17 that it has acquired Boston Harbor Wealth Advisors for an undisclosed amount. Boston Harbor Wealth is an independent financial services firm located in Westborough, Mass and was represented by DeVoe & Company. It specializes in comprehensive financial planning and goal-oriented investment management Read More →
Tri-county unemployment rate jumps up dramatically in June
After three straight months of seeing the unemployment rate fall, the Central Coast’s unemployment rate saw a dramatic jump from May to June, according to the latest data provided by the California Employment Development Department. Released July 18, the unemployment rate of the tri-counties was at 4.23% in June, up from an unemployment rate of Read More →
