Federal spending drops sharply in the US, leading to a budget surplus for June 2013

 Recently, economist Scott Grannis published a post on his Calafia Beach Pundit blog entitled "Budget outlook improves dramatically."   In his post, he notes that: especially in the last 12 months, there has been a dramatic improvement in the federal budget outlook.  Revenues have grown at double-digit...
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Investment Climate July 2013: Have Interest Rates Bottomed?

We recently published our quarterly Investment Climate for the end of June, 2013.  It is entitled "Have Interest Rates Bottomed...
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