Today’s Stock Market Update After the year-end Santa Claus Rally failed to materialize, you had to know stock prices would come roaring back. This morning, the Dow Jones, NASDAQ, S&P 500, and Russell 2000 are all up strongly. When Tom Lee misses the forecast, you know it’s a tough stock market to understand. But anytime…
Stock Market Forecast for the Next 6 Months The six-month forecast period puts us past the 3 month spring period through to June where the economy might be picking up significant speed. Forecasts for the Dow Jones average for any time in the coming year are very scarce. It seems bank and investment company analysts…
Stock Market Forecast Investors have been waiting a long time for clarity on which direction the economy would head and whether disaster loomed due to the debt bomb, low tax revenue, and continuous high interest rates. Today, everyone received clarity with the election of President Trump. The current bull run is likely to continue driven…
Sales Growth in the California Housing Market When home supply dips below 5 months inventory, it’s said to be a sellers market. In California in July, home inventory hit 2.9 months supply, up from 2.5 months last July, making the Golden State clearly a long way from being a buyer’s market. Despite intense demand, unsold…
Is the US Headed for a Recession? Recession Watch 2024: It’s time to revisit the matter of the recession threat. There are plenty of factors that might conspired to send the stock market, housing market and whole economy spiraling downward to rough landing. Yes, you’re wondering about the possibility as many others are. The general…
Next Week’s Market Forecast As the week ends, my previous prediction of a market correction this fall did come true, but a little early. All the negative factors were easy to see, it’s just that the market is much too optimistic, buoyed by media speculation of a FED rate reduction. The volatility simply reflects how…
3 Month Stock Market Outlook Today, January 20th, 2021, the US welcomes a new President who is pro-American, Pro-business and anti negative-regulations, with low taxation as a preference to stimulate investment. The next 3 months might begin slowly as consumers, wage earners, and US businesses escape the doldrums of the last 5 years for a…
Houses for Sale Colorado Springs Real estate sales for the city of Colorado Springs, CO were strong again in August setting the stage for an even hotter housing market in 2021. Perhaps not surprising for a city that is becoming a desirable location for migrants from everywhere. And with added funding for the military, the…
Home Prices will Rise this Fall The housing market is the darling child of the economy right now as low mortgage rates combined with changes in employment are driving home sales. Up in Canada (Toronto and Vancouver) July saw record home sales as Realtors are seeing boom times for sales again. And in many regions…
Manhattan Real Estate The news right now about the New York real estate market couldn’t be worse. The state is reeling from a plague of bad events that could conceivably topple the state and city governments. The work at home, Corona Virus exodus from Manhattan doesn’t seem to be stopping, and with the fall season…