Comparing the path of inflation during the 1970s and today, the numbers differ, but a similar pattern emerges. In both periods, inflationary pressures began building early when interest rates were low in the 1960s and 2010s, respectively.
California voters have grown more anxious and pessimistic about living in California than a year ago, according to findings from the California Chamber of...
Last week, the California Chamber of Commerce convened the first meeting of its California Big City Chambers Coalition, a leadership group of local chamber...
Rate Decisions
Recent Bank Failures Pressure Markets and Fed on Rate Decisions
One more rate hike and then pause? Leading economic indicators have turned deeply negative....
Governor Gavin Newsom released his revised budget on May 12, revealing a larger revenue shortfall, higher estimated safety net spending, but even so not...
Recapping a Challenging 2022
Markets faced several challenges in 2022, including high inflation, historic central bank policy, the war in Ukraine, and COVID lockdowns in...
Legislation creating a misguided policy that would exacerbate California’s affordability crisis was named by the California Chamber of Commerce this week as the first...
Governor Gavin Newsom presented a balanced budget this week with no new general tax increases. He identified a $22.5 billion “shortfall” between previously expected...