Dec. 19, 2014 ACWA News Available Online This issue covers the myriad of events and topics addressed at “Moment of Truth: One State, One Water Future,” the 2014 Fall ACWA Conference & Exhibition held in San Diego Dec. 2-5 at the Manchester Grand Hyatt. Coverage of the conference – attended by more than 1,800 people […]
Continue ReadingSubscribe to Pacific Maritime Magazine PRINT EDITION December 2014 Issue Bay Area Ports Offer Diversity and Cooperation By Mark Edward Nero The five seaports in the San Francisco Bay Area may be overshadowed in the public eye by their two massive competitors in Southern California, but that doesn’t mean they’re inert or sitting […]
Continue ReadingEconomics Group: Weekly Economic & Financial Commentary U.S. Review A Busy Week for Fiscal and Monetary Policy With three dissenters, the FOMC slightly tweaked its language describing the period of time between the end of the QE program and when the first rate hike would take place. November industrial production data showed an impressive pace of […]
Continue ReadingUS Outlook Report: Three Trends to Watch for in 2015 Number One: Rising Interest Rates. For the first time since 2006, the Federal Reserve is signaling that they will raise the Fed funds target rate, their key monetary policy interest rate, sometime next year. As of today, it appears the FOMC is penciling in […]
Continue ReadingACWA eNews for Dec. 17, 2014 in ACWA eNews ACWA’s eNews is a weekly roundup of California water news and events. Senate President Pro Tem Kevin de León Announces Committee Chairs Submitted by Pamela Martineau on Wed, 12/17/2014 – 5:18pm Senate President Pro Tempore Kevin de León today announced committee chairs for the upcoming 2015-’16 […]
Continue ReadingInstant Analysis of Today’s December FOMC Statement FOMC is getting serious about raising the Fed funds target rate in 2015 Yellen says liftoff could happen as soon as April 2015- though still data dependent Dot-plot remains more hawkish than futures market expectations and FOMC statement Three Dissents: 2 Hawks and 1 Dove (All the dissenters […]
Continue ReadingSubscribe to Pacific Maritime Magazine PRINT EDITION December 2014 Issue Bay Area Ports Offer Diversity and Cooperation By Mark Edward Nero The five seaports in the San Francisco Bay Area may be overshadowed in the public eye by their two massive competitors in Southern California, but that doesn’t mean they’re inert or sitting […]
Continue ReadingSubscribe to Pacific Maritime Magazine PRINT EDITION December 2014 Issue West Coast Pilots: New Ships, Old Challenges By Kathy A. Smith Pilots have been shepherding vessels in and out of harbors for centuries, but overall the job hasn’t changed much. Hazards that have existed for millennia are still around. Most still have to […]
Continue ReadingEconomics Group: Weekly Economic & Financial Commentary U.S. Review Consumer Spending Leading the Charge in Q4 Retail sales posted an impressive 0.7 percent increase in November following an upwardly revised 0.5 percent increase for October. The jump in sales was the strongest monthly reading in eight months. On the inflation front, import prices fell 1.5 […]
Continue ReadingUS Outlook Report: Reasons to Remain Optimistic In times of market turmoil like we have seen in recent days, with aggressive moves in currencies (stronger dollar), interest rates (declining interest rates), oil prices (plunging oil prices), and stocks (taking a tumble), it is easy to become bearish on the economic outlook as well. But in […]
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