Dove Investment Research and Management

The Consumer Price Index (CPI) is at a 40-year high, led by increased food, housing, and electricity costs. Reuters has the details @ https://reut.rs/3LnERM1

U.S. consumer prices post largest annual gain in 40 years as inflation becomes widespread U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a hefty 50 basis points interest rate hike from the Federal Reserve next month.

The competitive housing market and low inventory makes it easier to find love than it does a home in this seller’s market. Bloomberg has the story @ https://bloom.bg/3Gweq3m

It's Harder to Find a Home Than Love When Housing Markets Are This Hot Bidding wars, low inventory and huge price hikes have turned homebuying into an ordeal for many house hunters over the past two years.

Did you receive an excess of child tax credit payments? You might not need to pay the IRS back. CNBC has the scoop @ https://cnb.cx/3Gzqa4M

You may not have to pay the IRS back if you got too much in child tax credit payments The IRS has protections in place that mean some families who received too much through the child tax credit won't have to repay the money.

Autonomous car companies are outpacing regulators’ attempts to write the new rules of the road. Insurance Journal discusses these challenges @ https://bit.ly/3L6Obnv

How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers Self-driving vehicle companies from Tesla Inc. to General Motors Co.'s Cruise are racing to start making money with their technology, outrunning efforts

Many investors are reevaluating their portfolios and looking to trim risk based on the hawkish projections coming from the Feds. Reuters has the details @ https://reut.rs/3HaxSUa

Analysis: Investors look to prune portfolio risk as Fed hawkishness rules markets The Federal Reserve’s hawkish shift is bolstering the case for investors looking to trim risk from their portfolios, as the U.S. central bank trains its guns on surging inflation while giving little indication that it will be swayed by the latest weakness in stocks.

The U.S. economy grew in 2021, bouncing back from the brief 2020 recession by 5.7% overall and by 6.9% in the last few months of the year. The AP News has the story @ https://bit.ly/3rZDwlB

US economy grew 5.7% in 2021 in rebound from 2020 recession WASHINGTON (AP) — The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating coronavirus recession. The nation’s gross domestic product — its total output of goods and services — expanded 5.7% in 2021.

Pending home sales continued to fall in December, marking the second straight month that contracts dropped in the housing market. Reuters has the details @ https://reut.rs/3H85xhx

U.S. pending home sales fall for second straight month in December Contracts to buy U.S. previously owned homes fell for a second straight month in December amid record low inventory.

The Fed has announced its intentions to raise rates this year. CNBC can help you prepare @ https://cnb.cx/3G6fsmo

'The Fed got the memo.' Here's what you can do to prepare for the coming rate hike The Fed will raise interest rates this year. Here's what that means for you.

Did you know that one of the most dangerous things to happen during power outages is carbon monoxide poisoning? UPI has the details to keep you and your family safe @ https://bit.ly/3rzzMqU

Study: Carbon monoxide deaths soar during power outages Power outages are becoming more frequent in the United States, and a new study highlights one consequence of prolonged blackouts: carbon monoxide poisonings.

The 5.9% Social Security increase takes effect this month. Reuters has information about what to expect @ https://cnb.cx/33bbBqo

A 5.9% increase to Social Security benefits takes effect this month. Here’s what to expect Social Security benefits are poised to get the largest annual increase in decades. Here's what beneficiaries can expect when those checks start this month.