Holiday Market Update

Holiday Market Update




Yesterday the Fed held its key interest rate steady for the 3rd straight time and set the table for multiple cuts to come in 2024 and beyond, keeping the benchmark overnight borrowing rate in a targeted range between 5.25%-5.5%. Members penciled in at least 3 rate cuts in 2024 (after 11 hikes since 2022) assuming quarter percentage point increments. That's less than what the market had been pricing, but more aggressive than what officials had previously indicated. (CNBC)

Around 52% of global prime homebuyers are now paying in cash, up from 46% six months ago. (Bloomberg)
A fold-away HUGE TV that works outdoors? No problem! For a mere $200,000 or so you can buy one here. 'Tis the season...!
Palm Springs was cited as the best place to retire in California. The Coachella Valley consists of 9 incorporated cities, from Palm Springs in the west to Coachella in the east and excellent healthcare facilities. While overall taxes are high in the state, the natural beauty and weather of California is undeniable...and many can afford it. (Travel And Leisure)

There’s almost $6 trillion of cash sitting on the sidelines in money-market funds, almost double since 2018, with the potential for some portion of it to be reallocated into “carefully selected risk assets.” (Barrons)

Here are "5 Mental Muscles" to help you succeed in life: (Jody Michael/CNBC)

Helpful beliefs: Most of us think that our beliefs are truths. But they are actually a set of assumptions, which means that we can experiment with them. We can probe them, challenge them, and try to think of new ones.

Accountability: Stop blaming other people and circumstances for how you feel or for what has happened, fully own your part in your results, even while recognizing other potential contributors to what has unfolded. Own exactly what’s yours, and hold others to owning what’s theirs.

Self-assessment: Can you accurately self-assess your internal state? This is the running commentary in your head, the moods and emotions you feel, and your physical sensations, like a knot in your stomach. The goal is to improve managing and regulating your emotions/responses to triggers.

Holding multiple perspectives: When you can see many disparate viewpoints, you can understand and consider perspectives that aren’t aligned with yours. When you appreciate and allow for differences in opinions, you can leave a conversation without needing to establish who is right or wrong. Practice suspending judgment and embrace the complexity of gray and the potential of the “yet-to-be-known.”

Calming your physiology: We can influence our own nervous systems. On the one hand, unhelpfully, we can easily intensify a catabolic state, such as “getting wound up” over something. But helpfully, we can also calm ourselves. There are many wildly effective techniques, such as breathing exercises and muscle relaxation, that you can use to quickly change your physical state when you feel triggered or threatened.



California Laws to Boost Housing

Starting next year in California, homeowners can sell the granny unit in their backyard. Religious institutions can build housing on their land. And developers can add more homes along the coast in places that were once off-limits. The sweeping initiatives were among more than 50 housing bills signed by Gov. Gavin Newsome, intended to expedite the state's housing supply and protect tenants from evictions in the face of a statewide housing crisis.

The Dock

Offering an intimate waterfront experience, dining at The Dock is sure to please. The infused continental menu is creative, offering a harmony of well-balanced flavors and delicious seasonal ingredients...and the service is 5-star! A perfect spot to enjoy a holiday meal, this hidden gem is a must.
Check it out...

VEA Holiday Hideout
Now-December 30th | Th-Sat, 5pm-12am
Toast to the season in the Holiday Hideout with festive cocktails and plenty of photo ops in this winter wonderland transformed lounge. 
The Holiday Hideout is open to both resort guests and the public.

Wellness at The Spa Montage
Whether you're seeking a relaxing escape, results-driven beauty services, or a complete transformation, The Spa Montage awaits you! Focusing on transformational wellness in a serene atmosphere, treat yourself to optimal well-being as you transition into a healthy and vibrant 2024.

35 Holiday Mantel Decor Ideas

The crackling fireplace mantel is a time-honored showpiece that is not only a central gathering spot over the holidays, but also an added opportunity to for holiday bling and festive decor. Whether you’re into a simple magnolia garland or a bough of sweet-smelling evergreens, check out these creative mantel go-tos...
Sunday, Dec. 17th: 1:00p-4:00p
A rare find on Lido Isle, this beautiful coastal home is situated on an oversized 53’ lot and embraces relaxed indoor-outdoor living. Details...
108 Via Undine | Lido Isle
4 BD
4 BA
Application Accepted...
Recent upgrades to this spacious Santa Barbara-style home are sure to impress! The above photo illustrates virtual staging. Details...
212 Via Quito | Lido Isle
3 BD
3 BA
Set to Close...
Located in the coveted mid-island section of Lido, this beautiful home offers a spacious front yard a very private oasis. Details...
109 Via Koron | Lido Isle
3 BD
2.5 BA


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