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The New Normal Remains the Old Pre-Pandemic Normal

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Rare Books Donated

Rare Books Donated

Sunday, April 03, 2022

Our weekly tracking of new weekly California claims for unemployment insurance suggests we are staying in the pre-pandemic level - which is a Good Thing. Maybe that result is to be expected given the tight labor market nationally of which California is roughly 12%.

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As always, the most recent new claims data are at https://www.dol.gov/ui/data.pdf.

The Chief Investment Officer Discusses the Past, Present, and Future

Monday, April 04, 2022

In a Zoom webinar interview last Friday sponsored by CUCEA (emeriti) and CUCRA (retirees), UC's chief investment officer Jagdeep Bachher discussed investment strategy, inflation, the outlook, his relationship with the Regents, etc. He is interviewed by UCDavis Professor-Emeritus Jim Chalfant. You can watch the interview at:

https://archive.org/details/bachher-chalfant-4-1-22.

You can also download either the video or audio versions at the same link.

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