Motley Fool (January 21)
“While Wall Street has been given plenty of reason to be excited about President Donald Trump’s second term, he’s also making ominous stock market history—and it should have investors concerned.” Prior to his inauguration, the S&P 500’s Shiller P/E was at 38.11, marking “the highest reading for an incoming president dating back to January 1871,” the earliest comparable data point. During that same 154-year timeframe, the average Shiller P/E was 17.19. “Inheriting one of the priciest stock markets in history might pave the way for a bear market or short-lived crash during his second term.”
Tags: 1871, Bear market, Crash, Inauguration, Investors, Ominous, Priciest, S&P 500, Second term, Shiller P/E, Stock market, Trump
San Francisco Chronicle (August 24)
“San Francisco has long reigned as the priciest rental market in the U.S.—but it has officially been dethroned…. New York’s one-bedroom median rent rose a whopping 4.9% in August to $2,810, slightly more than San Francisco’s median of $2,800, which reflected a month-over-month increase of 2.9%.” San Francisco had been the priciest rental market since at least 2014 when Zumper began tracking data.
Tags: Dethroned, New York, One-bedroom, Priciest, Rental market, San Francisco, U.S., Zumper
