Stocks fell sharply following the release of the Fed minutes from the December FOMC meeting. It seems that the Santa Claus rally proved not to last as expected
Read More
The Centers for Disease Prevention and Control has identified the first confirmed cases of Omicron in the U.S. The U.S. joined more than two dozen other
Read More
The S&P CoreLogic Case-Shiller national home price index posted a 16.6% annual gain in May, up from 14.8% in April — marking the highest reading in more than 30
Read More
The National Bureau of Economic Research said the 2020 recession, at just two months long, is the shortest recession on record. The NBER in June of last year
Read More
Figures from the Bureau of Labor Statistics showed the Consumer Price Index increasing by 5.4% on a year-over-year basis in June, the fastest pace since August
Read More
On June 11, 2021, Governor Newsom issued Executive Order N-08-21 to phase out the executive actions in effect since March 2020 that helped facilitate a
Read More
For 2020, the S&P 500 gained +16.3% to 3,756, the Nasdaq +43.6% to 12,888, and the Dow +7.2% to 30,607. These are extraordinary gains coming in the midst of a
Read More
On March 4, 2020, Governor Gavin Newsom declared a statewide state of emergency due to the COVID-19 pandemic. Governor Newsom issued Executive Order N-25-20 to
Read More
For 2019, the S&P 500 gained +28.9% to 3,231, the Nasdaq +35.2% to 8,973, and the Dow +22.3% to 28,538. The IBD Mutual Fund Index rose +29.59%. Over the decade
Read More
For 2018, the S&P 500 fell -6.2% to 2,507, the Nasdaq -3.9% to 6,635, and the Dow -5.6% to 23,328, breaking a streak of 9 straight years of market gains. The
Read More
U.S. mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the start of the traditional
Read More
U.S. mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the start of the traditional
Read More