Calafia Beach Pundit

Interest Rates and the Fed

Scott Grannis, the Calafia Beach Pundit, believes that the market is signalling to the Fed that interest rates should be lowered, and soon. [more]

Calafia Beach Pundit

Key Market Indicators Updated

Scott Grannis, the Calafia Beach Pundit, says that although the stock market is high historically, there is still considerable skepticism and caution present. Thus, if the coronavirus and certain political disquiet were to fade, he says that there still seems to be substantial room for a further advance in equity prices. [more]

Calafia Beach Pundit

Weakest Recovery and Longest Expansion

In his latest article, the Calafia Beach Pundit notes that the U.S. economy has achieved its longest expansion period in its history. However, since 2009, economic growth has been modest at about 2% per annum. Although there are some troubling signs, many indicators point to a continuation of slow but steady growth ahead. [more]

Calafia Beach Pundit

Net Worth and Risk Aversion

The net worth of U.S. households continues to increase while, at the same time, households’ leverage continues to decline. What this means is that U.S. households’ asset values are rising at the same time that risk aversion continues strong. This is a relatively healthy situation. [more]

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Calafia Beach Pundit

U.S. Living Standards Continue To Rise

There is always a lot of hype about how workers are losing out on wage gains. Right now, the workers of General Motors have been on strike since September 15, calling for higher wages which, in fact, have not risen very much over the past ten years or so. [more]

Calafia Beach Pundit

Calafia Beach Pundit: Climate Change

eResearch provides its own commentary and follows up with an article authored by Scott Grannis for his Blog, Calafia Beach Pundit (CBP). The topic is Climate Change, and CBP provides an interesting revelation. [more]