US Outlook Report: The Fed’s FOMC Talks Exit Strategy in April Monetary normalization was front and center in the April FOMC minutes. The FOMC discussed four policy tools for raising and controlling short-term interest rates when it comes time to tighten policy: interest paid on excess reserves, fixed rate overnight reverse repos, term reverse repos, […]
Continue ReadingACWA eNews for May 21, 2014 ACWA’s eNews is a weekly roundup of California water news and events. Water Board Approves Emergency Regulations to Curtail Diversions on Sacramento River Tributaries Submitted by Pamela Martineau on Wed, 05/21/2014 – 6:01pm The State Water Resources Control Board (State Board) today unanimously approved drought-related emergency regulations to curtail […]
Continue ReadingSubscribe toPacific Maritime Magazine PRINT EDITION April 2014 Issue West Coast Ports Prepare for the Future By Michael A. Moore West Coast US ports from California to Alaska find themselves confronting a perfect storm of challenges coming from different directions – challenges that can become opportunities or disasters, depending on […]
Continue ReadingJanet Yellen, in her recent testimony to Congress raised the possibility that the housing slowdown, seen in the first quarter of this year, could end up being more prolonged than a winter lull. She hinted that housing was an important downside risk for the U.S. economic outlook that could loom large in debates on monetary […]
Continue ReadingMixed Data Unlikely to Change Fed’s Outlook · Although some indicators, such as retail sales and industrial production, came in lower than expected, there is little reason to expect the Fed to alter its current course of monetary policy. · Inflationary pressures picked up in April, with both the PPI and CPI accelerating in the […]
Continue ReadingSubscribe toPacific Maritime Magazine PRINT EDITION April 2014 Issue Russia From My House By Chris Philips, Managing Editor Comedienne Tina Fey, impersonating then-governor Sarah Palin on Saturday Night Live, said “I can see Russia from my house.” As a line, it’s a pretty good one, and got her the well-deserved […]
Continue ReadingThe May 9, 2014, issue of ACWA News is now available online. The top story in this issue: Gov. Jerry Brown on May 1 commemorated May as Save Our Water month and reiterated his call to the public to conserve water while the state is “in the throes of a drought.” Brown’s commemoration was released […]
Continue ReadingSubscribe toPacific Maritime Magazine PRINT EDITION April 2014 Issue Property Leasing Considerations in the Maritime Industry By Carrie A. Ivy Many maritime businesses lease appropriately zoned land adjacent to or near waterways, and commercial leases in the maritime industry have special complexities and nuances. As compared to commercial lease agreements, […]
Continue ReadingFresh data from the Federal Reserve April Senior Loan Officer Survey and Consumer Credit report for March paint an encouraging picture of consumer and business credit conditions. When looked at as a whole, improved lending conditions should help support a stronger growth rate for the economy in the quarters ahead. So it is with great […]
Continue ReadingFrom Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion, suggesting that all else equal, there will likely be a downward revision to the already-soft 0.1 percent GDP growth in Q1. · The ISM Non-Manufacturing index indicated that […]
Continue Reading
