The Fed’s Latest Report on US Household Wealth Has it at All Time Highs

The Fed’s Latest Report on US Household Wealth Has it at All Time Highs

#Americans #household #wealth #RealEstate #cash #Fed #PresidentTrump $DIA $SPY $QQQ $RUTX $VVX The wealth of US households marked $123.5-T in September as rising stock market and home values and an accumulating of cash defied expectations of a virus-related crash in household finances, according to new data from the Fed Thursday. The Fed’s latest report on US […]

US Homebuilder Confidence Hits Record High on Low Rates

US Homebuilder Confidence Hits Record High on Low Rates

#Homebuilder #confidence #lowrates $DIA $SPY $QQQ $RUTX $VXX US homebuilder confidence advanced in October to an all-time high as record-low interest rates continued to fuel sales and the demand outlook. A gauge of builder sentiment climbed to 85, the highest in records back to Y 1985, from 83 a month earlier, according to the National Association […]

The Most Expensive City to Buy a House is San Francisco

The Most Expensive City to Buy a House is San Francisco

#SanFrancisco #house #buy “A 6-figure income may not be enough to buy a house in San Francisco. California“– Paul Ebeling The most expensive city in the US to buy a house is San Francisco, where homebuyers need a $206,760 income to live comfortably and buy a house. California is the most expensive to own a […]

President Trump will Give the US 4 More Years of Economic Growth

President Trump will Give the US 4 More Years of Economic Growth

#PresidentTrump #economic #growth $DIA $SPY $QQQ $RUTX $VXX “We the People hold the Key to saving America from going to a place from which it will never return”— Paul Ebeling There are a lot of things going on in the financial markets, and there are a lot of reasons why markets are very active, but […]

Commentary: Paul Ebeling on Wall Street, ‘This Market has Legs’

Commentary: Paul Ebeling on Wall Street, ‘This Market has Legs’

#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Thursday the Fed Chairman jettisoned the Phillips curve’s idea that rising unemployment means less inflation. In fact, he stated that there is no empirical evidence to support the notion. Technical Analysis NAS Comp gapped modestly higher, rallied […]

Housing, Auto Demand Are Standouts in V-Shaped Recovery

Housing, Auto Demand Are Standouts in V-Shaped Recovery

#housing #automobiles #consumers #recovery $DIA $SPY $QQQ $RUTX $VXX Clearly, record low interest rates has helped revive the US markets for housing and autos standouts in the economy as it gains traction. Sales of new homes in June ran at their fastest pace in 13 yrs, leaving builders and the construction workers they employ with […]

US New Home Sales Spike 16.6%, Economy Reopens

US New Home Sales Spike 16.6%, Economy Reopens

$TOL $LEN $KB Sales of new homes rose a strong 16.6% in May with the reopening of major parts of the country fueling healthy activity in the US housing market. The Commerce Department reported Tuesday that sales of new single-family homes rose to a seasonally adjusted annual rate of 676,000 last month. That was a much better […]

Economic Trends: SoCal Pending Home Sales Rise 8th Week Running

Economic Trends: SoCal Pending Home Sales Rise 8th Week Running

$Z Southern California house hunters put 5% more homes into escrow in the most recent wk, the 8th straight weekly increase, as the buying pace now is running just 2% shy of Y 2019. Zillow’s (NASDAQ:Z) weekly report on activity from brokers’ listing services in Los Angeles, Orange, Riverside and San Bernardino counties shows the […]

America’s Nursing Homes and Convalescent Centers are Ground Zero in “The Virus War”

America’s Nursing Homes and Convalescent Centers are Ground Zero in “The Virus War”

Growing CVOIS-19 coronavirus outbreaks at nursing homes in Washington, Illinois, New Jersey and other states in our nation are laying out for all to see the industry’s long-running problems, including a struggle to control infections and a staffing crisis that relies on poorly paid aides who cannot afford to stay home sick. Earlier this year, […]

Market Looks Like it is Trading with a Recession in Mind, Though the Economy is Strong

Market Looks Like it is Trading with a Recession in Mind, Though the Economy is Strong

$DIA $SPY $QQQ $RUTX $VXX The US economy grew moderately in Q-4, the government confirmed, and may be facing a rocky road in early Y 2020 on the notion that coronavirus will hobble it, and bring on a recession. The economy grew by an unrevised 2.3% in Y 2019, the slowest annual growth in 3 […]

Australia’s Firefighters Brace for Extreme Heatwave at the Weekend

Australia’s Firefighters Brace for Extreme Heatwave at the Weekend

Firefighters battling wildfires in Australia’s most populous state attempted to make headway Thursday during favorable conditions, before an “extreme heatwave” hits embattled areas at the weekend. Thousands of firefighters in New South Wales (NWS) took advantage of cooler weather and continued to strengthen containment lines. More than 70 fires are still burning across the state […]

The Trump Administration Unveils Fannie, Freddie Overhaul

The Trump Administration Unveils Fannie, Freddie Overhaul

$FMCC, $FNMA Thursday, the US Treasury said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae (OTCMKT:FNMA) and Freddie Mac (OTCMKT:FMCC), while calling on Congress to develop a comprehensive housing reform that would allow them to be safely freed from government control. The Treasury’s plan, released in a 53-pg report, […]

Low Mortgage Rates Increase Homes Bought In The U.S.

Low Mortgage Rates Increase Homes Bought In The U.S.

Re-sales of homes in the United States beat analyst predictions last month. Information released Wednesday by the National Association of Realtors revealed sales of previously-owned homes edged up 2.5% in July, as mortgage rates offset the affordability crunch caused by high home prices at the margins. Existing home sales occurred at a 5.42 million seasonally-adjusted […]

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US consumer confidence rose in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories. The surge in confidence reported by the Conference Board on Tuesday came despite an escalation in tensions in […]

US Existing Home Sales Fall More Than Expected in March

US Existing Home Sales Fall More Than Expected in March

Source: Thompson Reuters US home sales fell more than expected in March as rising demand stoked by declining mortgage rates and slowing house price inflation continued to be frustrated by a lack of properties, especially in the lower-priced segment of the market. The report from the  National Association of Realtors (NAR) on Monday could temper expectations of […]

Mount Etna Volcano Quake Jolts Sicily, Residents Panic

Mount Etna Volcano Quake Jolts Sicily, Residents Panic

An earthquake triggered by Mount Etna’s eruption jolted eastern Sicily before dawn Wednesday, injuring at least 10 people, damaging churches and houses on the volcano’s slopes and prompting panicked villagers to flee their homes. Italy’s Civil Protection officials said the quake, which struck at 3:19a local time, was part of a 1,000 tremors, most of […]

US Housing Starts Rise, Large Scale Multi-family Development Continues

US Housing Starts Rise, Large Scale Multi-family Development Continues

US Housing Starts Rise, Large Scale Multi-family Development Continues US home-building rose in October on continuing multi-family housing projects, but construction of single-family homes fell for a 2nd month running, suggesting the housing market has softened as mortgage rates rise. Other details of the report published by the Commerce Department on Tuesday were also soft. Building permits declined […]

California Wildfires Rage, 31 Known Dead, Over 200 Still Missing and Unaccounted For

California Wildfires Rage, 31 Known Dead, Over 200 Still Missing and Unaccounted For

California Wildfires Rage, 31 Known Dead, Over 200 Still Missing and Unaccounted For Relatives desperately searched shelters for missing loved ones Sunday, as crews searching the smoking ruins of Paradise and outlying areas found 6 more bodies, raising the death toll to 31, matching the deadliest wildfire in California history. Wildfires continued to rage on […]

US Homebuilder Sentiment Up On Solid Demand

US Homebuilder Sentiment Up On Solid Demand

US Homebuilder Sentiment Up On Solid Demand October’s pickup in sentiment across the 3 sub-indexes and all 4 regions indicates the market for newly-built homes Confidence among America’s homebuilders unexpectedly rose in October, registering the 1st gainer in 5 months amid falling lumber prices and solid demand, according to a report Tuesday from the National […]

Firefighters Making Headway in Putting Out the ‘Holy’ Fire Near Los Angeles

Firefighters Making Headway in Putting Out the ‘Holy’ Fire Near Los Angeles

Firefighters Making Headway in Putting Out the ‘Holy’ Fire Near Los Angeles Firefighters have made significant progress trying to tamp down a wildfire that threatened homes and has been raging for days South of Los Angeles, officials said Saturday. Aircraft have been making flight after flight, dumping water and bright pink retardant to protect Lake […]

Wildfires Sweep Through California and Oregon

Wildfires Sweep Through California and Oregon

Wildfires Sweep Through California and Oregon Firefighters battling wildfires throughout the US West that have torched hundreds of homes hoped for some help from the weather Saturday even as new fires swept Southern California. A fire on the California-Oregon border that destroyed 40 buildings and claimed at least one life since Thursday remained virtually out […]

US Housing Market: April S&P Case-Shiller 20-City Index + 6.6%

US Housing Market: April S&P Case-Shiller 20-City Index + 6.6%

US Housing Market:April S&P Case-Shiller 20-City Index + 6.6% US home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse supply of homes. The S&P CoreLogic Case-Shiller 20-City home price index +6.6% from a year earlier, led by gains in Seattle, Las Vegas and San […]

Ferrari (NYSE:RACE): Insuring These Classic & Vintage Sports and Racing Cars

Ferrari (NYSE:RACE): Insuring These Classic & Vintage Sports and Racing Cars

Ferrari (NYSE:RACE): Insuring These Classic & Vintage Sports and Racing Cars $RACE, $AIG, $CB AIG’s goal: insure all of 39 of the Ferrari 250 GTO’s Ferrari (NYSE:RACE) built 39 250 GTOs in the early 1960’s, selling them to select buyers for about $18,000 a copy. Today, the racer is the most expensive and collectible car […]

US Stocks Finish Flat to Unchanged Ahead of Memorial Day Weekend

US Stocks Finish Flat to Unchanged Ahead of Memorial Day Weekend

US Stocks Finish Flat to Unchanged Ahead of Memorial Day Weekend $DIA, $SPY, $QQQ, $VXX US consumer sentiment according to a University of Michigan (MSI) report Friday. Consumers anticipated income gains of 1.6%, down from 2.2% in April and 2% last year 51% expected the jobless rate to stabilize at current 18-year lows Inflation rate […]

US Consumer Prices Rise, Inflation Ahead

US Consumer Prices Rise, Inflation Ahead

US Consumer Prices Rise, Inflation Ahead $DIA, $SPY, $QQQ, $VXX US consumer prices (PCE) rose March YTD, with a measure of underlying inflation moving to the Fed’s 2% target. Monday, the rise in the annual inflation gauges reported by the Commerce Department was seen by economists and Fed officials, it is not expected to alter the gradual […]

Savvy Managed Money Is Paying Attention to Stocks Aimed a Millennials

Savvy Managed Money Is Paying Attention to Stocks Aimed a Millennials

Savvy Managed Money Is Paying Attention to Stocks Aimed a Millennials $DIA, $SPY, $QQQ, $VXX Monday, hedge fund managers, aka Managed Money, at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas ranging from online food ordering to home-builders that should benefit from the growing influence of the millennial generation. Millennials, a […]

Rising Stocks, Home Values Driving American Household Wealth

Rising Stocks, Home Values Driving American Household Wealth

Rising Stocks, Home Values Driving American Household Wealth $DIA, $SPY, $QQQ, $VXX Rising stock prices and steady increases in home values powered American household wealth to $96.9-T, the Fed said Thursday. US wealth has made a remarkable comeback since the Great Recession, when it dove more than $10-T to $56.2-T.   The Fed’s latest figures […]

Homeownership Does Not Build Wealth Like Other Investments

Homeownership Does Not Build Wealth Like Other Investments

Homeownership Does Not Build Wealth Like Other Investments $DIA, $SPY, $QQQ, $VXX A home is a place to live, raise ad family and thrive, if it goes up in value it is a lucky extra Homeownership is necessarily better than paying rent, according to a study Florida Atlantic University, Florida International University and the University […]

US Home Construction Stalled, Continuing Growth in Question

US Home Construction Stalled, Continuing Growth in Question

US Home Construction Stalled, Continuing Growth in Question $DIA,  $SPY,  $QQQ,  $VXX May Housing Starts and June Preliminary Consumer Confidence  Starts: -5.5%; 1-family: -3.9% Permits: -4.9%; 1-Family: -1.9% Consumer Confidence: down 2.6 points The downward trend in home construction does not augur well for growth in 2-H Business leaders and owners, whether they are involved […]

US Construction Spending at 11-yr Highs

US Construction Spending at 11-yr Highs

US Construction Spending at 11-yr Highs US construction spending in February rose to the highest marks in about 11 years on a spike in the building of homes, highways and schools across the nation Construction spending rose 0.8% in February to the highest marks since April 2006, after 2 months of declines, the US Commerce […]

US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High $DIA, $SPY, $QQQ, $VXX US home resales fell more than expected in February on a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors (NAR) said Wednesday existing home sales declined 3.7% to a […]

Tight Market Governing US Housing Recovery

Tight Market Governing US Housing Recovery

Tight Market Governing US Housing Recovery The US housing market, a Key economic driver, is very tight, with supply struggling to meet demand as the sector recovers a decade after the housing crisis. But persistent pent-up demand among would-be homeowners could cause builders to boost construction, helping to ease pressure on the market for new […]

US Pending Home Sale Up +1.6% in December

US Pending Home Sale Up +1.6% in December

US Pending Home Sale Up +1.6% in December $DIA, $SPY, $QQQ, $VXX More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the costs of ownership. The National Association of Realtors (NAR) said Monday that its seasonally adjusted […]

US Consumer Confidence at 12 Year Highs

US Consumer Confidence at 12 Year Highs

US Consumer Confidence at 12 Year Highs Consumer confidence jumped to the highest level since Y 2004, extending Americans’ optimism for their finances and the US economy following Donald Trump’s Presidential election victory. The University of Michigan said Friday that its MSI (final index of sentiment) rose to 98.2 from 93.8 in November. The median […]

The Recovery in Home Prices Bolsters Americans’ Household Wealth

The Recovery in Home Prices Bolsters Americans’ Household Wealth

The Recovery in Home Prices Bolsters Americans’ Household Wealth US home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to the data The Standard & Poor’s CoreLogic Case-Shiller national home price index , released Tuesday, is just a bit above the peak it set in July 2006, […]

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally

Gloom on Wall Street, Lower Crude Oil Prices Hit Stocks Globally $DIA, $SPY, $QQQ, $VXX Global stock markets fell Wednesday after some disappointing earnings reports and as a drop in Crude Oil prices dragged down shares in energy companies. The FTSE 100 of Britain dropped 1% to 6,949 while Germany’s DAX fell 1% as well, […]

Sales of Singapore’s New Private Homes + 49.3% in September

Sales of Singapore’s New Private Homes + 49.3% in September

Sales of Singapore’s New Private Homes + 49.3% in September Sales of Singapore’s new private homes increased 49.3% in September Y-Y, according to data released by Urban Redevelopment Authority (URA) Monday. Compared with the prior month, URA said sales of private homes increased 8.8% in September. Excluding executive condominiums (ECs), property developers sold 509 units […]

Hurricane Matthew Could Inflict $200-B in Damage to Coastal Homes

Hurricane Matthew Could Inflict $200-B in Damage to Coastal Homes

Hurricane Matthew Could Inflict $200-B in Damage to Coastal Homes $DIA, $SPY, $QQQ, $VXX Hurricane Matthew could potentially cause $200-B in damage to coastal homes, and that number could rise depending on the path and intensity of the Category 4 storm. At least 954,000 people are at risk of major storm surge damage, according to […]

This Week’s US Economic Calendar: Expected, Revised & Prior

This Week’s US Economic Calendar: Expected, Revised & Prior

This Week’s US Economic Calendar: Expected, Revised & Prior 26 September, Monday New Home Sales, August (10:00a EDT): 585-K expected, 654-K prior 27 September, Tuesday Case-Shiller 20-City, July (9:00a EDT): 5.1% expected, 5.1% prior Consumer Confidence, September (10:00a EDT): 98.0 expected, 101.1 prior (revised from 99.8) 28 September Wednesday MBA Mortgage Index, 09/24 (7:00a EDT): […]

The Blue Cut Wildfire, Cajon Pass Northeast of Los Angeles Rages

The Blue Cut Wildfire, Cajon Pass Northeast of Los Angeles Rages

The Blue Cut Wildfire, Cajon Pass Northeast of Los Angeles Rages Firefighters were said to be gaining ground Friday against a wildfire burning in a Southern California mountain pass that has forced tens of thousands of residents to flee their homes and destroyed about 100 houses, officials said. The Blue Cut Wildfire, named for a […]

California Wildfires Destroy Homes, Hundreds Evacuate

California Wildfires Destroy Homes, Hundreds Evacuate

California Wildfires Destroy Homes, Hundreds Evacuate FLASH: Authorities say a 40-year-old man has been arrested on suspicion of starting a massive wildfire that destroyed more than 175 homes, business and other structures in the Lower Lake area of Lake County. Lake County Sheriff Brian Martin said Damin Anthony Pashilk of Clearlake, California was arrested Monday on 17 […]

Pilot Fire at Silverwood Lake Grows, Evacuations Ordered

Pilot Fire at Silverwood Lake Grows, Evacuations Ordered

Pilot Fire at Silverwood Lake Grows, Evacuations Ordered A fast-moving wildfire near Silverwood Lake in southern California’s San Bernardino Mountains continued to burn out of control Sunday night, scorching some 1,500 acres, and prompting evacuation orders and road closures, officials said. The blaze, dubbed the Pilot Fire, erupted about 12:10p near the Miller Canyon OHV […]

Update: California’s Fast Moving Wildfire Threatening 25,000 Homes

Update: California’s Fast Moving Wildfire Threatening 25,000 Homes

Update: California’s Fast Moving Wildfire Threatening 25,000 Homes As of Saturday afternoon the fast-moving Sand Fire in Santa Clarita California has burned 20,000 acres and is not contained. A raging wildfire grew to more than 30 square miles east of Santa Clarita Saturday, prompting an expanded evacuation order affecting some 1,500 homes and spreading smoke and […]

Wall of Flames Scorch Hillsides in the Cahuenga Pass

Wall of Flames Scorch Hillsides in the Cahuenga Pass

Wall of Flames Scorch Hillsides in the Cahuenga Pass Firefighters are on the scene near the 101 Fwy where a brush fire has broken out in the Hollywood Hills A fast moving brush fire is burning above the Hollywood Hills, scorching 12-14 acres in about an hour, according to Margaret Stewart of the Los Angeles […]

Wildfires Rage Across the Southwestern US

Wildfires Rage Across the Southwestern US

Wildfires Rage Across the Southwestern US Several major wildfires are raging across the Southwestern United States, after consuming dozens of homes and forcing evacuations. Firefighters have gained the upper hand on a blaze burning in the sparsely populated and wooded community of Timberon, New Mexico. That wildfire, which officials said was in the “mop-up stage” […]

California and Colorado Wildfires Prompt Evacuations of Thousands

California and Colorado Wildfires Prompt Evacuations of Thousands

California and Colorado Wildfires Prompt Evacuations of Thousands Strong winds will keep the wildfire danger high across the West Sunday into Monday. Strong winds will keep the wildfire danger high across the West Sunday into Monday. Wildfires burning in both California and Colorado have forced evacuations and left one firefighter injured Saturday evening, burning more […]

California Wildfires: 9 Large Fires, 2 Deaths, 100’eds of Homes Destroyed

California Wildfires: 9 Large Fires, 2 Deaths, 100’eds of Homes Destroyed

California Wildfires: 9 Large Fires, 2 Deaths, 100’eds of Homes Destroyed Here are the latest stats on the major wildfires currently burning in the State of California More than 5,200 firefighters are working Monday to battle nine large blazes across the Golden State as fire season rages on. Cal Fire is warning of increased fire […]

“Red Flag” Warnings in Massive California Wildfire

“Red Flag” Warnings in Massive California Wildfire

“Red Flag” Warnings in Massive California Wildfire Hundreds of firefighters were struggling Saturday to contain a massive wildfire that has so far killed 2 people and burned at least 100 homes and  ravaging lakeside communities in Central California. The Erskine Fire broke out Thursday afternoon in the foothills of Kern County about 42 miles northeast […]

Nearly 1000 Firefighters Battle Blazes In The Angeles National Forest

Nearly 1000 Firefighters Battle Blazes In The Angeles National Forest

Nearly 1000 Firefighters Battle Blazes In The Angeles National Forest Some residents evacuated from their homes in Duarte and Azusa California were cleared to return home Thursday as firefighters kept up their campaign against the 5,235-acre San Gabriel Complex Fire, which is just 15% contained. About 950 firefighters are battling the blazes in the Angeles […]

San Gabriel, California Wildfires Rage Residents Warned of Evacuations

San Gabriel, California Wildfires Rage Residents Warned of Evacuations

San Gabriel, California, Wildfires Rage, Residents Warned of Evacuations The Fish and Reservoir fires, which authorities are now calling the San Gabriel Complex Fire, burned more than 5,400 acres overnight. The 2 wildfires burning in the Angeles National Forest, dubbed the San Gabriel Complex Fire, are burning out of control, and more residents are being […]

Southwest Wildfires Raging in Record High Tempatures

Southwest Wildfires Raging in Record High Tempatures

Southwest Wildfires Raging in Record High Temperatures Update: Wildfire warnings were posted across parts of 3 Western US states Sunday as a heat wave baked the region in record, triple-digit temperatures, stoking flames in California from the coastal foothills outside Santa Barbara to desert brush near the Mexican border. For an area stretching from Southern […]

US Housing Starts Missed Expectations in May

US Housing Starts Missed Expectations in May

US Housing Starts Missed Expectations in May US housing starts missed in May as the construction of multi-family housing units dropped, but gains in building permits signaled a possible rebound that would support economic growth in Q-2. Groundbreaking fell 0.3% to a seasonally adjusted annual pace of 1.16-M units, the US Commerce Department said Friday. […]

Update: Santa Barbara Wildfire, “it is Very Hot and will get Hotter”

Update: Santa Barbara Wildfire, “it is Very Hot and will get Hotter”

Update: Santa Barbara Wildfire, “it is Very Hot and will get Hotter” The wildfire in Santa Barbara County, California has burned thousands of acres and prompted the declaration of a local emergency as firefighters continue into the weekend facing extremely difficult conditions. More than 1,200 personnel were responding to the wild fire, which has been […]

Wildfires in Southern California Raging, 100’s in Danger

Wildfires in Southern California Raging, 100’s in Danger

Wildfires in Southern California Raging, 100’s in Danger A wildfire in Southern California more than 3X’d in size overnight and forced officials to close a major highway, 100’s of homes in danger,  another blaze in New Mexico had communities on edge after destroying 24 homes, officials said on Friday. California’s Sherpa Fire, burning in chapparal […]

Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle

Dubai Property Plateau Suggests End to Down Cycle The monthly ValuStrat Price Index indicates the ‘bottoming-out’ of Dubai residential real estate prices Dubai residential real estate prices may have bottomed out after plateauing in May 2016, according to the property consultancy firm ValuStrat.The company said prices stabilised in April and May after almost 2 years […]

Brushfires in South Australia Described as Horrific Catastrophe

Brushfires in South Australia Described as Horrific Catastrophe

Brushfires in South Australia Described as Horrific Catastrophe Last November an emotional South Australian Premier Jay Weatherill described the brushfires burning North of Adelaide as “horrific,” survivors told of traumatic experiences. With two people confirmed dead and 16 hospitalized with injuries, Mr. Weatherill said the situation was “hard to get in touch with”. “It’s an […]

The Pala (San Diego) Fire Just 35% Contained, Residents Evacuated

The Pala (San Diego) Fire Just 35% Contained, Residents Evacuated

The Pala (San Diego) Fire Just 35% Contained, Residents Evacuated The Pala fire that started Tuesday afternoon in San Diego County, California, has grown to 70 acres and is 35% contained Saturday, according to local fire officials. The forward progress of the fire was stopped Friday afternoon, according to fire officials. All evacuation orders were […]

Ft. McMurray Wildfire Evacuees Begin to Return

Ft. McMurray Wildfire Evacuees Begin to Return

Ft. McMurray Wildfire Evacuees Begin to Return Evacuees who fled the huge wildfire that hit Ft McMurray are slowly returning homes and facing cleaning up and uncertainty over their safety as the devastated Canadian Oil city starts on the rebuilding path. More than 90,000 residents fled the Northern Alberta city as the fire hit 4 […]

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree $DIA, $SPY, $QQQ, $VXX Consumer Confidence unexpectedly fell in May for a 2nd month as American consumers are less than enthusiastic about the current state of the economy, a report from the New York-based Conference Board showed Tuesday. The Conference Board’s Sentiment Index fell to 92.6 i […]

Heavy Storms and Heavy Flooding Across Houston Texas

Heavy Storms and Heavy Flooding Across Houston Texas

Heavy Storms and Heavy Flooding Across Houston Texas Heavy storms roared across the Houston area Friday evening causing multiple roads closing and evacuations because of the floodwaters. In Galveston, torrential rain came down on the area as the swirling winds as severe weather moved through the area. The waters continue to rise in and around […]

More Than 100 Homes Lost in Great Ocean Road Bushfire

More Than 100 Homes Lost in Great Ocean Road Bushfire

More Than 100 Homes Lost in Great Ocean Road Bushfire Fire authorities say a final figure of 116 homes have been destroyed by a bushfire that could burn all Summer in the region.   The number of homes destroyed in the Wye River fire on Victoria’s Great Ocean Road on Christmas Day 2015  has risen […]

Ft McMurray Wildfire, Canada’s Most Expensive Natural Disaster

Ft McMurray Wildfire, Canada’s Most Expensive Natural Disaster

Ft McMurray Wildfire, Canada’s Most Expensive Natural Disaster The raging wildfire in Alberta Canada will go down as the most expensive natural disaster in Canada’s history, damaging the environment, homes, businesses and the struggling economy in their path. Recently released data suggests that activity in the Canadian Province was firming near the end of Q-1 […]

Smoke from Massive Ft. McMurray Wildfire Headed to California

Smoke from Massive Ft. McMurray Wildfire Headed to California

Smoke from Massive Ft. McMurray Wildfire Headed to California Cooling temperatures and light rain have officials optimistic they have reached a turning point on getting a handle on a massive wildfire that has devastated parts of Canada’s Oil sands town of Ft McMurray. The huge smoke plume continues to drift into the United States, with […]

California Wildfire Season, “May be Dangerous and Difficult”

California Wildfire Season, “May be Dangerous and Difficult”

California Wildfire Season, “May be Dangerous and Difficult” A 5-year drought has left 40-M dead and dried-out trees in California, including 29-M that died last year California may be facing a dangerous and difficult wildfire season in Y 2016 despite a relatively wet Winter, federal officials warned Tuesday. Most of the rest of the country […]

Chinese Investment in US Real Estate Tops $300-B

Chinese Investment in US Real Estate Tops $300-B

Chinese Investment in US Real Estate Tops $300-B Chinese investment in the US real estate market has surpassed $300-B and is growing despite China’s economic weakness and increased currency controls, the authors of a new report said Monday. Between Y’s 2010 and 2015 Chinese buyers bought $93-B in residential real estate, nearly $208-B of mortgage-backed […]

Fire is Opportunistic, It Finds a Path, it Burns

Fire is Opportunistic, It Finds a Path, it Burns

Fire is Opportunistic, It Finds a Path, it Burns Fires are now bigger, faster and hotter than before, torching more of our world. Wildfires, like the one that raged through Ft McMurray this month or through Slave Lake, Alberta 5 years ago, levelling 33% of that community. New building technology and new ways to think […]

The Latest on the Ft. McMurray Wildfire

The Latest on the Ft. McMurray Wildfire

The Latest on the Ft. McMurray Wildfire In Alberta, Canada there is a Province wide ban on open fires, including campfires and the use of charcoal briquettes. Prime Minister Justin Trudeau went to Fort McMurray Friday to survey the damage firsthand and meet with emergency responders. He was also meeting Alberta Premier Rachel Notley in Edmonton. As crews […]

Firefighters Fight against Flame Retardants in the Home

Firefighters Fight against Flame Retardants in the Home

Firefighters Fight against Flame Retardants in the Home If flame-retardant chemicals worked, they would probably have no stronger supporters than firefighters. Yet, they are among their strongest opponents. It is not only that the chemicals are ineffective, but they are highly toxic. Charging into a burning home is dangerous enough, but entering a home with burning […]

America’s Home Builders Beginning to Market Safety and Energy Efficiency

America’s Home Builders Beginning to Market Safety and Energy Efficiency

America’s Home Builders Beginning to Market Safety and Energy Efficiency When single family home builders talk about customer service, they focus on how to make the building process smoother, how to speak to customers so that they understand, and how to mitigate problems and delays. Last year in a presentation at the 2015 Avid Conference […]

Wildfires in the Western US and Climate Change

Wildfires in the Western US and Climate Change

Wildfires in the Western US and Climate Change The number of large wildfires has nearly 2X’s since the 1980’s, and the average length of wildfire season has grown by more than 2 months. Research shows that changes in climate, especially earlier snowmelt and warming in the spring and summer, have helped boost this increase in […]

Hampton’s Home Buyers on the “Sidelines”

Hampton’s Home Buyers on the “Sidelines”

Hampton’s Home Buyers on the “Sidelines” Home sales in New York’s Hamptons fell to the lowest marks in 3 years as potential buyers of luxury properties stayed on the sidelines during this past volatile Quarter on Wall Street. Purchases in the 2nd-home market popular with Wall Street bankers and celebrities, totaled 437 in Q-1 of […]

Commodities Industry Turns Trees into Cash and Waste

Commodities Industry Turns Trees into Cash and Waste

Commodities Industry Turns Trees into Cash, Fuel and Waste Deforestation is clearing our planet’s forests on a massive scale, often resulting in damage to the quality of the land. Forests still cover about 30% of the world’s land area, but huge areas are lost each year to commercial interests. The data shows that the world’s […]

The Week Ahead On Wall Street

The Week Ahead On Wall Street

The Week Ahead On Wall Street $AAPL, $BA, $CVX, $DD, $MMM, $PG, $UTX, $XOM This week about 200 members of the S&P 500 will report earnings to Wall Street. Included are DJIA components: Apple (NASDAQ:AAPL) on Monday; 3M (NYSE:MMM), Du Pont (NYSE:DD) and Procter & Gamble (NYSE:PG) Tuesday On Wednesday, Boeing Co. (NYSE:BA) and United […]

Houston, Texas hit with Another Historic Flood

Houston, Texas hit with Another Historic Flood

Houston, Texas hit with Another Historic Flood The Big Q: Why has the US been hit by major even historic flood after another recently? The flooding that is hammering the City of Houston, Texas is the 8th historic flood in the US since the end of September. The Texas city’s officials have labeled the flooding […]