2015 Central Oregon Economic Forecast

January 29th, 2015

The event will be held at the Riverhouse Hotel and Convention Center (http://www.riverhouse.com/) in Bend, Oregon.

Discussion Topics:

• Innovation and Success in Business • Economic Trends and Realities for 2015 that effect Central Oregon, the State of Oregon and the Nation • Lessons from Craft Brewing

Keynote Speakers: Ryan Lake, . . . → Read More: 2015 Central Oregon Economic Forecast

Downside Protection

Tony Robbins has a terrific new book on winning the financial game (“Money: Master the Game”). The highlight of the book is a series of interviews with famous investors, in which Robbins extracts valuable insights into the strategies of the successful. The primary lesson is “don’t lose money” and the second “don’t forget lesson . . . → Read More: Downside Protection

Real Estate

Previously published on December 12, 2014 on The California Economic Forecast

National Markets

Since the recession began, we’ve said that residential real estate markets would not recover until the homeownership rate (the percentage of households owning the home they live in) fell to the 64 percent to 65 percent range.  We also said . . . → Read More: Real Estate

Financial Advice from the Fed Chair

In two recent speeches Federal Reserve Chairman Janet Yellen has highlighted issues of personal finance. In each case she referred to results from the Fed’s triennial Survey of Consumer Finances (SCF), the most recent version of which (2013) was released just last month. In September, Chairman Yellen commented on the meager levels of wealth . . . → Read More: Financial Advice from the Fed Chair

Compression at the top

One of the major stories of recent years is that of rising income and wealth inequality, whereby the rich are supposedly getting richer and the poor poorer. A primary piece of evidence for this is increases in the shares of income and wealth accruing to the top 10% of the distribution, the top 1% . . . → Read More: Compression at the top

The Vice President and the SHED

In order to better understand the state of household finances, the Federal Reserve has recently conducted a special survey called the Survey of Household Economics and Decision making, or SHED. This is in addition to the tri-annual Survey of Consumer Finances. Key findings from the SHED include the following: (a) most families indicate that . . . → Read More: The Vice President and the SHED