First time since 2017. They are warning the us economy could shrink a 14 in the Second Quarter. Thats coming as the Federal Reserve and global Central Banks across the world announce measures to offset the injured Economic Impact of coronavirus. Join me right now to talk about all of that hank smith. Hanks thanks much for weighing in today we appreciate you joining us, what are you doing in your portfolio in the face of all this . Well, first of all, we are not panicking. We constantly communicate with our clients regarding their asset allocation, we also, for a number of years have always recommend to have enough cash to meet spending needs one year even up to two years out. So, in an environment where you own both stocks and bonds, now is the time to start looking to your adding to your equity positions because that allocation has come down due to the obviously to this bear market. It is a pain trade for sure, but over the past six years, the opposite was equally true where we were t
First time since 2017. They are warning the us economy could shrink a 14 in the Second Quarter. Thats coming as the Federal Reserve and global Central Banks across the world announce measures to offset the injured Economic Impact of coronavirus. Join me right now to talk about all of that hank smith. Hanks thanks much for weighing in today we appreciate you joining us, what are you doing in your portfolio in the face of all this . Well, first of all, we are not panicking. We constantly communicate with our clients regarding their asset allocation, we also, for a number of years have always recommend to have enough cash to meet spending needs one year even up to two years out. So, in an environment where you own both stocks and bonds, now is the time to start looking to your adding to your equity positions because that allocation has come down due to the obviously to this bear market. It is a pain trade for sure, but over the past six years, the opposite was equally true where we were t
Forecasters say Hurricane Kay is already making its way up the eastern side of Baja and should bring winds and rain to San Diego by Friday. Then, an El Cajon nursing home had such a long record of poor care and abuse that federal officials moved to decertify it in April. But then, to the shock of advocates, they rescinded their order. Next, a former San Diego County Sheriff’s sergeant is being sued over claims of sexual harrassment by two former detectives. And, air conditioning failures and breakdowns have plagued classrooms across the county during the heat wave. Next, California water regulators approved the world's first testing standard for tiny fragments of plastic found in drinking water. Finally, FilmOut, a film festival highlighting LGBTQ movies, returns to San Diego this weekend. KPBS arts reporter Beth Accomando speaks with filmmaker Carter Smith about his horror film “Swallowed” that screens on Saturday.