Main Content

Blog

Economic update for the month ending April 30, 2021

May 1, 2021 Stock markets – The Dow Jones Industrial Average closed the month at 33,874.85, up 2.4% from 33,066.96 at the end of March. It is up 10.7% year-to-date. The S&P 500 closed the month at 4,181.17, up 4.6% from 3,958.55 last month. It is up 11.3...

Read more

Economic Update

Economic update for the week ending April 17, 2021

Apr 17, 2021 Stocks continued their unprecedented rise again this week – A surge in consumer spending, increasing corporate profits, and inflation all point to the economy recovering much quicker than expected. That added to the effects of the nearly $2 t...

Read more

Economic Update

Economic update dated April 3, 2021

Apr 3, 2021 Happy April… U.S. employers added 916,000 jobs in March – The Department of Labor and Statics reported that 916,000 net new jobs were added in March. That number exceeded Dow Jones analysts’ expectations of 675,000 new jobs. The unempl...

Read more

house key

Chinese Real Estate Investment Nosedives

Mar 30, 2021 Chinese investment in U.S. real estate last year declined by more than half, according to a Cushman & Wakefield report. The year 2017 saw a 55-percent plunge when compared to volume in 2015 and 2016 as Chinese investors spent only $7.3 billi...

Read more

Northridge Skateland

Northridge Skateland Closes to Become Bridge Housing

Mar 23, 2021 Roller rink Skateland in Northridge has permanently closed after six decades, with the Northridge building slated to become a bridge housing facility through the nonprofit Hope of the Valley. “We would like to thank you, our loyal skaters,...

Read more

Interest Rates

Economic update for the week ending February 27, 2021

Feb 26, 2021 Stock markets dropped on fears of higher interest rates – As the economy appears to be recovering quicker than expected according to data and developments that are very positive, rising interest rates became a concern over the last two weeks....

Read more

Magic Mountain

Magic Mountain Plans to Reopen in Spring

Feb 22, 2021 Six Flags Entertainment Corp. announced plans to reopen its Magic Mountain theme park in Valencia this spring, one year after the business was shuttered due to the onset of the coronavirus pandemic. The amusement park didn’t disclose the s...

Read more

Get

In Touch

Due to emails occasionally vanishing in cyberspace, if you email us and do not hear back within 2-3 hours, please call 818-970-3000.

    Skip to content