In economics, there are several different indicators that can tell us the state of the economy today (lagging indicators) and tomorrow (leading indicators). However, there is an unconventional indicator that is “reserved” by the banks that isn’t found in Econ 101 textbooks. This would be a balance sheet item known as loan loss reserves.
Good Afternoon, Happy New Year! It is such a relief to put 2020 behind us and begin a new year. A New Year's resolution is a tradition in which a person resolves to continue practices, change an undesired trait or behavior, accomplish a personal goal, or otherwise improve their life at the start of a
Good Afternoon Valued Clients, Friends and Family, As this year comes to an end, I'd like to take a moment to thank you for your continued support during a turbulent year. We are reminded of how lucky we are to have amazing clients like you, and appreciate the trust you place in us
Guest Author, Tiffany Chiu, wrote a helpful blog on Proposition 19 and how it may impact families. Here is an excerpt from the blog: Proposition 19 was passed in California during the November 2020 election. The proposition was characterized as a law that would benefit seniors, severely disabled, families and
Our Chief Investment Officer, Benjamin Lau, was recently featured in The Wall Street Journal on Tesla's addition to the S&P 500. Click HERE to read the article on The Wall Street Journal's website. We also have a PDF version available.