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Category Archives: Economic Update

We Treat Money like the Election… it’s Over

Ever realize how emotions can get the best of us? Results from the recent United States Presidential Election surprised the world and left many Americans in shock. Going into election day polls, media, bookies and the stock market indicated an … Continue reading

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Halftime Report 2016

As we enter into the second half of the year, our economy has been following a similar pattern as it has in the previous couple of years – a disappointing first quarter leading into a seemingly better second quarter. While … Continue reading

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LA Times features 1080 Financial Group

“If you’re trusting someone with your financial decisions, they should have your best interest first.” -Stephen Rischall   1080 Financial Group was interviewed by Jim Puzzanghera, an award winning business journalist for his coverage of the financial crisis in the Los Angeles Times. In … Continue reading

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First Quarter Recap: 2016

When it comes to investing, patience is a virtue. If you don’t believe that, take a look at the major swings in the stock market from January through the end of March, then read some of our posts from earlier … Continue reading

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What’s up with the Stock Market?

January proved to be a difficult month for stocks. As a matter of fact, the first ten trading days of 2016 were the worst ever recorded to start a new year. Adding salt to the wound, the S&P 500 just … Continue reading

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A Rough Start for Stocks in the New Year

The stock market started the year with one of its worst debuts ever, basically the exact opposite of the new Star Wars movie. We just ended a lackluster 2015, slightly down for the S&P 500, and some investors are jittery. … Continue reading

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Raised the Rate

After years of waiting it finally happened. Christmas came early as the federal funds rate increased by a quarter of a percentage point +0.25% yesterday, ending an unprecedented seven year period in which it was held near zero. The Federal … Continue reading

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Terrorism and the Stock Market

It was the most devastating terrorist attack in Europe since 2004, rattling world governments and investors alike. The French government closed the nation’s borders and placed thousands of soldiers on the streets in major cities as it reacted to the … Continue reading

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Millennials in LA are Stressed about Money

I’m a millennial (born between early 1980’s to early 2000’s), the generation developing a reputation of being lazy, technology dependent and pop-culture obsessed. Embarrassingly most of my peers admit to knowing more about food, music and sports than they do … Continue reading

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Keeping Market Volatility in Perspective

Summer has been anything but calm on Wall Street. Volatility is back in a big way and we haven’t experienced a downturn in equity markets this sharp since the financial crisis more than six years ago. While no one likes … Continue reading

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Business Advocacy Meeting at City Hall

Many of our clients are small business owners just like us, so when we received an invite from the United Chamber of Commerce to attend a Business Advocacy Meeting at City Hall we gladly accepted. We were curious to learn … Continue reading

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