Scott Grannis was Chief Economist from 1989 to 2007 at Western Asset Management Company, a Pasadena-based manager of fixed-income funds for institutional investors around the globe. He was a ...

Calafia Beach Pundit: Since Mar. 1993, Japan's price level hasn't budged: inflation has netted out to zero. That's over 17 years of price stability. From the very peak in Japan's inflation ...

Michael Krugh. Later in the day, authorities in Orange County Sheriff's Deputies found the victim's spouse, 39-year-old Christopher Bird, dead in his vehicle at Calafia Beach Park in San Clemente.