Vital signs: California’s export sales leads the way, but are still below pre-pandemic times
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Portfolio watch
Mechanics Bank Wealth Management challenges the conventional wisdom of a slowing economy in its latest weekly update. And that wisdom also has held that the Fed would “pause their cycle of rate hikes” as early as this winter. But the December employment report shattered that view and now the extraordinary level of job creation “is Read More →
Portfolio Watch
Scott Anderson at Bank of the West is warning about a “residential housing market swoon,” with home prices dropping 0.54% in November, according to the S&P CoreLogic Case-Shiller index. “Home prices have declined for five consecutive months,” he added noting that the biggest decliners included San Francisco, Phoenix and Las Vegas, with declines of more Read More →
Portfolio watch
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Portfolio Watch
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American Riviera finds its niche
By Madeleine Benn Staff Writer American Riviera Bank has begun offering products and services aimed at attracting accounts smaller than those typically targeted by wealth management offices. The products and services include accounts for first time savers and checking customers, aid to small businesses in qualifying for loans and assistance to first time home buyers. Read More →
Tri-county jumbo loan limits rise in 2023
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