Fifty years ago this January, there was a blowout on a Union Oil rig in the Santa Barbara channel. For nearly two weeks the oil kept coming. It soon blighted, clogged, choked and tarred the Central California coast as far south as Ventura and as far north as the Channel Islands. At the time, it was the United States’ worst oil spill in history and a seminal moment in this country’s environmental movement. In the aftermath, activists marched down Wall Street to create the first Earth Day, and a more bi-partisan Washington created the Environmental Protection Agency and passed a succession of the world’s strongest environmental laws.
Recent Insights
Bailard Appoints Dave Harrison Smith, CFA, as Chief Investment Officer
Bailard is pleased to announce that, as of today, Dave Harrison Smith, CFA, has been promoted to Chief Investment Officer. He succeeds Eric Leve, CFA, who held the role for more than a decade and will continue with the firm as a portfolio manager, fully focused on international markets.
July 1, 2025
Country Indices Flash Report – June 2025
Tariff negotiations intensified as the July 9th reciprocal tariff deadline nears, though the Trump administration signaled flexibility on the cutoff for countries negotiating in “good faith.” The U.S. and China secured a high-level framework that included a key rare earths deal and a tariff truce extension to August 11th. Meanwhile, the UK finalized a 10% tariff rate after a threatened 27.5%; talks are swiftly progressing with the EU.
June 30, 2025
Mike Faust Awarded 2025 Advisors to Watch by AdvisorHub
Michael Faust, CFA, ranked in the top five of AdvisorHub’s Advisors to Watch for the second year—recognizing his standout leadership at Bailard.
June 24, 2025
Keep Informed
Get the latest News & Insights from the Bailard team delivered to your inbox.