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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Feb 02, 2017
Page
9
The January market strength suggests continued gains for 2017, with S P 500 average year end rises of about 12.1 percent when January is up since 1950 and a roughly 90 percent success rate for the year. Santa Claus rally and early five day gains reinforce the optimistic outlook.
Toyota Motor sold 143,048 vehicles in January, down about 11 percent year over year, leading a US sales dip in the industry. The automaker spent over 645 dollars per vehicle on discounts as shares touched a 2017 low. Ford shares fell after a weak January sales report while a proposed import tax could boost it along with Honda and GM.
Three months after a recall, GoPro restores its Karma drone with a fix for sudden power loss. Analysts say the move may still curb market share gains while investors pushed shares back after an initial surge.
The passage notes the CBOE Volatility Index measuring expected market volatility from S&P 500 options and mentions the price to earnings ratio based on trailing twelve month operating earnings.
A Owners.com survey shows about 60 percent prioritize saving for a home over emergencies or retirement and 72 percent would reduce other investments. Half would consider fixer uppers and 36 percent want smaller homes as inventory, prices, and rates rise. No restatement, just facts.
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