Housing Prices Hit New Record The price of a home hit a new record, according to the latest data on housing prices. The S&P CoreLogic Case-Shiller 20-City Home Price Index, which measures monthly housing prices in 20 major metropolitan areas, rose 1.6% on a...

Drifting Higher Stocks have been drifting higher for several weeks as investors search for a catalyst that could drive shares in either direction. Interest rates can influence market direction, but there hasn't been much news recently on the rate front. Federal...

How Do Investors Spell Relief? Investors celebrated an ‘in line with expectations’ CPI that suggested the rate of inflation isn’t accelerating. It’s a small win, but it was enough to send the three major market indexes, the Dow, the Nasdaq, and the S&P 500 to new...

An Annual Ritual at the Gas Pump You're right if you have this nagging feeling that gas prices rise in the spring. As the graphic illustrates, on average prices rise through Memorial Day, plateau over the summer, and slip in the fall. This year is no exception, as...

Rate Cuts Still on the Table, Timing Less Certain We often discuss the Federal Reserve and interest rates because both greatly impact investors. For starters, changes in interest rates have a significant impact on stock prices and income earned on savings. Sharply...

The Economy Slows, Inflation Remains a Problem Gross Domestic Product (GDP) is the broadest measure of goods and services. The U.S. Bureau of Economic Analysis (BEA) reported that GDP slowed from Q4’s annual pace of 3.4% to 1.6% in Q1. Per the U.S. BEA data, consumer...