Economic update for the week ending July 14, 2018

Stocks up for a second straight week – Stocks rallied again this week as investors expect a robust second quarter profit reporting season. Fueled by tax cuts and a strong global economy, many companies are expected to report double-digit profit growth. Stock markets are now just 3% below their all-time highs reached in January. The only thing holding them back is fears of trade wars and tariffs, according to analysts. The Dow Jones Industrial Average closed the week at 25,019.41, up from 24,456.58 last week. It is up 1.2% year-to-date.  The S&P 500 closed the week at 2,801.31, up from 2,759.83.  It’s up 4.8% year-to-date. The NASDAQ closed the week at 7,825.98, up from 7,688.39 last week.  It’s up 13.8% year-to-date.

 

Treasury bond yields mixed this week  –  The 10-year and the 30-year treasury yield ended the week just 0.10% apart. It’s unusual for the 10-year and the 30-year yield to be so close. Usually an investor would want a higher rate when investing for a longer period of time. This tells us that investors may feel that rates will come down in the coming years. The 10-year Treasury bond closed the week yielding 2.83%, up  from 2.78% last week. The 30-year Treasury bond yield ended the week at 2.93%, almost unchanged from 2.94%  last week. We watch bond rates because mortgage rates follow bond rates.

 

30-year mortgage rates unchanged, while shorter term rates were slightly higher this week –  The July 12, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.53%, unchanged from 4.52% last week. The 15-year fixed was 4.02%, up slightly from 3.99% last week. The 5-year ARM was 3.86%, up from 3.74% last week.

 

We will have June sales figures next week. The number of sales have been lower this year than in 2017–this is due to tighter inventory. The reduced number of homes for sale has also pushed price increases up at a faster pace than over the last few years. Year-over-year price increases have been almost 9% for a median priced home in California. In May, there was just a 3-month supply of homes for sale–a normal market would be six to seven months. We may be beginning to see some pressure in the higher price ranges in all of our areas. This may be because sellers have been too aggressive in pricing. Unfortunately, when one or two sellers push the price above what is realistic, others look at what’s listed instead of what is selling. We are seeing homes in many areas beginning to reduce.  Let’s see if this impacts the inventory levels when the reports come out.

 

Have a great weekend,
Syd

Amazon Prime Day 2018: Everything You Need To Know

Weekend Events: July 13 – 15

Los Angeles provides no limit of things to do, some awesome and some not so awesome. Since time is precious in this fast paced city we curate a list of things to do in L.A. for every weekend that’ll help you decide how you want to spend your limited supply of attention (not to mention dollars!).

This weekend, from Friday, July 13 to Sunday, July 15, features Outdoor Movies at the Skirball, ‘Summer of Salsa’, Colorado Street Bridge Party, Summer Train Fest at Union Station, the Lotus Festival, Swingin’ Summer at The Wiltern, Ice Cream Ally at Smorgasburg LA, Sunday Sessions at Grand Park and MUCH more.

Hope you find the rundown useful and, as always, enjoy your week!

Friday July 13th, 2018

1. Celebrate summer in Los Angeles watching some beloved films during Outdoor Movies at the Skirball. This Friday Labyrinth will be screened. We suggest you arrive early to check out The Jim Henson Exhibition: Imagination Unlimited exhibit where costumes, sketches and more of Labyrinth are displayed.

2‘Summer of Salsa’ concert series is a monthly free concert series at La Plaza de Cultura y Artes running now till September 7, 2018. This month La Verdad, a West Coast nine-piece salsa group, under the musical direction of Gabriel Gonzalez will peform. FREE

3. Union Station in DTLA will host Filmmm, a series of food-centric films, this summer. The series continues with the documentary City of Gold where Pulitzer Prize-winning food writer Jonathan Gold, takes viewers on a gustatory journey through the City of Angels. FREE

4. Back for the 15th year in a row, The Independent Shakespeare Co. presents Shakespeare in the Parkat the Old Zoo in Griffith Park with free performances Wednesday through Sunday of A Midsummer Night’s Dream. FREE

5. The La Brea Tar Pits and Museum will host Late Night Fridays where guests can enjoy free general admission from 5 to 8 p.m. and gain access to special activities, 3D movies, behind-the-scenes tours, live excavations, and more. FREE

6. The South Bay Greek Festival, at St. Katherine’s Greek Orthodox Church taking place July 12-15 in Redondo Beach, will offer Greek food, music and dancing.

7. Old Pasadena Summer Cinema  continues with several screenings at One Colorado, Central Park and Distant Lands this weekend. The series brings free movie screenings to the Old Pasadena area at select venues from July 5 to 28. FREE

8. The Music Center’s annual Dance DTLA series is back for 2018 with a series of Friday-night events at Grand Park. This week features DJ Nights an evening curated by some of the city’s best and most influential DJs. Enjoy music, dancing, and more from 9 p.m. to midnight . FREE

9. dineL.A. will have food-lovers and connoisseurs taste, explore and enjoy various prix-fixe menus from restaurants across various L.A. neighborhoods from July 13 through 27 .

10. For over 30 years, Grand Performances has offered a variety of performance events at California Plaza, for free. Their 2018 summer series runs June 1 through August 18. This Friday they’ll present Now More Than Ever: Protest Songs Sing-Along. Lyrics will be projected on a screen behind the performers so the audience can join in. FREE

11. There’s a Friday The 13th Part VI screening with filmmaker Tom McLoughlin in person at the Landmark’s Nuart Theatre.

12. Shakespeare By The Sea will once again offer a ten-week program of admission-free performances. The series continues with performances of The Winter’s Tale at Monte Verde Park in Lakewood on Friday andThe Winter’s Tale at Rush Park in Los Alamitos on Saturday. FREE

13. The Department of Beaches and Harbors presents Beach Movie Nights at Dockweiler Youth Center this week screening Coco. FREE

14. Perfect for dog lovers, Mutt House is a musical centered around a doomed animal shelter, a boy named Eddie and six zany mutts working together to save the shelter they all call home. Performing at the Kirk Douglas Theatre in Culver City from July 15 through August 5 with previews beginning this week on July 10. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

15. Are you a Chase bank customer? Got a freebie you might want to know about. Coolhaus is teaming with the Forum and Chase to hand out free ice cream sandwiches to Chase customers on Fridays all summer long. Locations will change every Friday, and the offer is ice cream sandwich per cardholder. Get more info here.

16. Barnsdall Fridays returns to Barnsdall Art Park for the tenth year in a row, with evening tastings of boutique wines and music from KCRW DJs perched atop a hill with incredible city views.

17. WP24 by Wolfgang Puck’s Summer Supper + Show returns every Friday and Saturday, July through August, with a Asian-inspired dinner at WP24 by Wolfgang Puck followed by a movie screening on the private 26th floor hotel rooftop. This weekend they’ll screen Top Gun.

18The Sorting Room nightclub housed within the Wallis Center’s Lovelace Studio Center presents a new season of unpredictable performances from poets, composers, jazz singers, cabaret veterans and more in a variety of genres alongside happy hour drink specials. This week For The Record: Tarantino a musical performance celebrating the famous directors films will take the stage July 12-15.

19. Beyond the Streets is a fully immersive exhibition of street and graffiti art comprised of over 30 artist in a massive 40,000+ square feet exhibits. Artist are an eclectic mix of street and beyond including Retna, Shepard Fairey, Kenny Scharf Dennis Hopper and Jenny Holzer. Open Tuesday through Sunday this week. Open Tuesday through Sunday this week. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

20. Rooftop Cinema Club returns to the rooftops of LEVEL in DTLA and NeueHouse in Hollywood with multiple screenings this week that include Hocus Pocus, The Lost Boys, CLUE and more.

21Jazz at LACMA welcomes Scotty Barnhart at the BP grand entrance at 6 p.m. FREE

22. The South Coast Botanic Garden in Palos Verdes will host a family friendley movie night on their 87 acre property. This Friday they’ll screen Coco. DISCOUNTED (via Goldstar)

Saturday July 14th, 2018

23. Colorado Street Bridge Party returns to Defenders Park in Pasadena on Saturday for a night of music, dancing, vintage cars, free kids activities, food, wine and treats atop one of the most picturesque bridges in the world.

24. Union Station in DTLA is hosting their second annual Summer Train Fest. Fun for all ages, guests can tour vintage train cars, enjoy 360° virtual reality stations, shop local vendors, grab a bite at popular food trucks, dance to live music and much more. FREE

25. The 38th Annual Lotus Festival from July 14-15 at Echo Park Lake will include live entertainment, arts and crafts, a boat race, an asian food court, dragon boat races and of course and plenty of opportunities to enjoy the blooming flowers on the lake. FREE

26. Marina Movie Nights returns to Burton Chace Park in Marina del Rey for free Saturday-night screenings of beloved musicals. This weekend it’s La La Land with tap dancing lessons. FREE

27. The 9th Annual Reggae On The Mountain returns to Topanga Canyon’s Topanga Community Center on July 14-15 for two jam-packed, fun-filled days of roots reggae from Toots and The Maytals, Derrick Morgan, The Lions, Pato Banton and more. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

28. FX presents a Snowfall Summer Kickback on July 14-15 to celebrate season 2 of the show through a free immersive arts space, featuring live DJ sets, art installations, interactive experiences inspired by LA in the 80s, food from In-n-Out and Homeboy Industries. FREE

29. Gallery Nucleus in Alhambra is hosting a pug-a-palooza celebrating the adorable Puglie. Pets and children are welcome to this all ages party featuring Puglie installation, ice cream, boba, swag and a meet and greet with Puglie creator Euge Leung.

30. Off the 405, free concerts at the Getty will host a performance by FEELS and a DJ set by Boss Harmony in the museum courtyard. FREE

31. Enjoy free movie screenings under the stars when the Amazon Treasure Truck heads to DTLA this weekend for a screening of Wes Anderson’s Isle of DogsFREE

32. Tiki Night returns to the Egyptian Theatre this Saturday with a Tiki Marketplace, a Tiki Bar, Tiki cuisine, Tiki music, Polynesian Paradise Dancers and film screenings of “Bosko” and “The Whimsical Imagineer.”

33. Street Food Cinema returns this weekend with a screening of Romeo + Juliet at Brand Library Parkin Glendale and 500 Days of Summer at Marriott Golf Course in Manhattan Beach Select screenings are discounted via Goldstar. DISCOUNTED

34. Visit Austin heads to Los Angeles for a day of complimentary food and drink inspired by The Live Music Capital of the World. Chef Jonathan Whitener from Los Angeles’ Here’s Looking at You and Austin’s Chef Callie Speer of Holy Roller will be on deck handling food while Blackillac will be spinning tunes. FREE

35. Beautycon Festival returns to the Los Angeles Convention Center July 14-15 for a two-day beauty convention with Kim Kardashian West and many other personalities.

36. Celebrate summer in the SGV during Movies in the Park, a free outdoor film series screening at Alhambra Park. This weekend they’ll screen Jumanji (1995). FREE

37. Sri Lanka Day 2018 returns to Pasadena City Hall Centennial Square on Saturday, for its annual celebration and tribute to the Sri Lankan culture and heritage. FREE

38. KCRW’s Summer Nights offers free all-ages outdoor music shows over the course of the summer throughout Los Angeles and this weekend they’ll takes over the California African American Museum with KCRW DJs Aaron Byrd and Garth Trinidad. FREE

39. Eat|See|Hear returns for 2018 with two screenings at LA State Historic Park. Eternal Sunshine of the Spotless Mind on Friday and The Warriors on Saturday. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

40. Get Fit an inaugural Workout Week Los Angeles Festival happening July 14-21 will bring 100+ classes at participating boutique gyms and studios for $10 per class.

41. Presented by Downtown Long Beach Alliance, Summer and Music (SAM) continues with Twisted at The Pike, a free music event at The Pike Outlets with headliner hypnotic punk band, L.A. Witch. FREE

Sunday July 15th, 2018

42. For three nights in July, August and September, The Wiltern hosts Swingin’ Summer, a series of vintage-style evenings with swing dance lessons, drinks, and dancing to live music. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

43. #NationalIceCreamDay is July 15, and one of the best ways for Angelenos to celebrate this special day is at the launch of Ice Cream Alley. This new area at Smorgasburg LA will feature vendors like Wanderlust Creamery, Yellow Business – HK Egg Waffle, Churro Boss, Sweet n’ Hollow and more.

44. Sunday Sessions, at Grand Park, is a celebration of Los Angeles House music. Highlighting music and dance culture the event continues with performances by Doc Martin, Tara Brooks, and Anton Tumas. FREE

45. Events and activists company SameSide will host a cannabis infused brunch prepared by Cheftoferin Koreatown this Saturday where guests will fight to legalize cannabis on a federal level while enjoying tasty bites and mocktails.

46. The Hammer museum will host a live broadcast of the FIFA World Cup this Sunday during the final showdown. FREE

47. Hot Mama Mommy Fitness Day at Cheviot Hills Park is a work out day with your kids for a good cause. There will be a Mommy and Toddler Bootcamp, Fun & Fit- Mommy and kid workout, a kids play area, crafts tables, healthy snack samples and more. Dad’s are also welcome. This event is free but they’re asking for new pairs of shoes to help out charity partner “Shoes That Fit.”

Schedule provided by We Like LA.

The Best Waterfall Hikes In Los Angeles

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Schedule of Free Museum Days in Los Angeles For July

The intent of this “cheat-sheet” is to denote specific free days in any given month where Los Angeles museums that normally charge an admission waive their entry fees (not including parking). For this post we’re detailing July, 2018.

A reminder for this month that The Natural History Museum and the La Brea Tar Pits Museum both skip their free admission first-Tuesdays for the months of July and August. That said, La Brea Tar Pits offers free late-night Fridays (5 to 8 p.m.) starting this month and ending in August. NHM and La Brea Tar Pits Museum will also have free admission days on every Tuesday in September.

As always remember there are over two dozen museums in and around Los Angeles that offer free admission ALL the time which are not listed here.

Enjoy!


Free Museum Days in Los Angeles – July 2018

[JULY 1Museum of Latin American Art

[JULY 1Craft and Folk Art Museum (pay what you can)

[JULY 5Japanese American National Museum (from 5 to 8 p.m.)

[JULY 5MOCA Grand & MOCA Geffen (from 5 to 8 p.m.)

[JULY 5Skirball Cultural Center (noon to 5 p.m.)

[JULY 5USC Pacific Asian Museum (5 to 8 p.m.)

[JULY 5Huntington Library (note that you have to reserve passes for the free day in advance, and it books up fast. For this reason we’d suggest you take a look at the free day for August and start planning when you need to be online to grab the tix)

[JULY 5Long Beach Museum of Art (3 to 8 p.m.)

[JULY 6Norton Simon Museum (5 to 8 p.m.)

[JULY 6Pasadena Museum of California Art (noon to 5 p.m.)

[JULY 6Long Beach Museum of Art (11 a.m. to 5 p.m.)

[JULY 6Free late-nights at La Brea Tar Pits Museum (5 to 8 p.m.)

[JULY 8Museum of Latin American Art

[JULY 8 ] Craft and Folk Art Museum (pay what you can)

[JULY 10Los Angeles County Museum of Art (also free for L.A. County residents with valid I.D. after 3:00pm on Mondays, Tuesdays, Thursdays & Fridays all month long)

[JULY 10Autry Museum of the American West

[JULY 12Japanese American National Museum (from 5 to 8 p.m.)

[JULY 12MOCA Grand & MOCA Geffen (from 5 to 8 p.m.)

[JULY 12Skirball Cultural Center (noon to 5 p.m.)

[JULY 12Long Beach Museum of Art (3 to 8 p.m.)

[JULY 12USC Pacific Asian Museum (5 to 8 p.m.)

[JULY 13Long Beach Museum of Art (11 a.m. to 5 p.m.)

[JULY 13Free late-nights at La Brea Tar Pits Museum (5 to 8 p.m.)

[JULY 15Museum of Latin American Art

[JULY 15] ] Craft and Folk Art Museum (pay what you can)

[JULY 17Los Angeles County Arboretum (note: the tram doesn’t run on this day)

[JULY 17South Coast Botanic Garden

[JULY 17Descanso Gardens

[JULY 19Japanese American National Museum (all day)

[JULY 19MOCA Grand & MOCA Geffen (from 5 to 8 p.m.)

[JULY 19Skirball Cultural Center (noon to 5 p.m.)

[JULY 19Long Beach Museum of Art (3 to 8 p.m.)

[JULY 19USC Pacific Asian Museum (5 to 8 p.m.)

[JULY 19Pasadena Museum of California Art (5 to 8 p.m.)

[JULY 20Long Beach Museum of Art (11 a.m. to 5 p.m.)

[JULY 20Free late-nights at La Brea Tar Pits Museum (5 to 8 p.m.)

[JULY 22Museum of Latin American Art

[JULY 22] ] Craft and Folk Art Museum (pay what you can)

[JULY 26Japanese American National Museum (from 5 to 8 p.m.)

[JULY 26MOCA Grand & MOCA Geffen (from 5 to 8 p.m.)

[JULY 26Skirball Cultural Center (noon to 5 p.m.)

[JULY 26Long Beach Museum of Art (3 to 8 p.m.)

[JULY 26USC Pacific Asian Museum (5 to 8 p.m.)

[JULY 27Long Beach Museum of Art (11 a.m. to 5 p.m.)

[JULY 27Museum of Latin American Art (5 to 9 p.m.)

[JULY 27Free late-nights at La Brea Tar Pits Museum (5 to 8 p.m.)

[JULY 29Museum of Latin American Art

[JULY 29Craft and Folk Art Museum (pay what you can)

Article courtesy of We Like LA.

10 Cool Spots in L.A. That Are Worth Visiting

Let’s face it, it’s hard finding things to do or places to visit that are a guaranteed good time. With so many venues, activities, and noteworthy spots in the city of angels, there’s an overwhelming amount of options.

Luckily, here’s a list of the top 10 cool spots in L.A. that actually live up to the hype. Consistently referenced, Instagrammed or recommended, these spots are actually worth the notoriety and renown, even enough to justify braving a crowd on a weekend.

And if it so happens you haven’t yet checked these off your L.A. bucket list just yet, it’s time to get planning!

Griffith Observatory at dusk

Griffith Observatory at dusk. Photo by Brian Champlin / We Like L.A.

1. Griffith Observatory

There’s a reason this epic location is featured in countless TV shows and movies (ahem… La La Land). One of the oldest, most unique and best things you can do in L.A. is visit the Griffith Observatory. Stop by the observation deck atop the mountains  overlooking the city or hike the various trails to the Bronson Caves or Amir’s Garden. If hiking isn’t your thing, visit the observatory itself for a look through their powerful telescope during a star party, or walk through the history of astronomy and take in a show in their riveting planetarium. Bonus Tip: This a great spot for a first date, as well as a fun day with the kiddos.  -> More information

2. Hollywood Bowl

While L.A. does contain many eccentric, fun, and historical music venues, the Hollywood Bowl never disappoints. With a venue full of great seats (honestly, there are no bad views), attendees can watch their favorite musicians, actors, and entertainers on stage. It’s situated at the bottom of the Hollywood Hills against a perfect backdrop. You can currently visit their site for a list of lease events, but check back in March when their summer series line-up is announced. Don’t forget, you can also bring a picnic to enjoy before the show! -> More information

3. Sandstone Peak

Sandstone Peak in Malibu is one of the most referenced hikes in the greater L.A. area and for good reason. Modern Hiker calls it, “perhaps the single best day hike in Southern California.”  Guiding beginner and experienced hikers alike, the trail takes adventurers to the highest peak in the Santa Monica Mountains. But don’t worry, the prize at the end is breathtaking coastal and inland views. Plus, there are plenty of opportunities to branch out and explore some of the less-beaten paths. This is a hike you can do over and over again, experiencing different pathways, views, and more. -> More information

Sandstone Peak

Mount. Allen, aka Sandstone Peak. Photo by Mitch Barrie via flickr cc

4. In-N-Out

If you live outside the U.S. and plan to visit California, chances are you’ve been told about about the deliciousness provided by In-N-Out Burger. Foreigners from around the world come to California with the hope of tasting one of In-N-Out’s epic food options. From their juicy burgers to their drool-worthy animal fries and sweet milkshakes, In-N-Out always lives up to its reputation.

In N Out Double Double

Double Double with fries. Credit: stu_spivack via flickr cc

5. Philippe The Original

The story goes that in 1918, the owner of Philippe The Original accidentally dropped a french roll into a used roasting pan. From there, the French Dip Sandwich was born. On weekends, you’ll find a long line of regulars waiting for their French dip fix, along with a quick cup of coffee and deep food satisfaction. Stop by and see for yourself. This delicious sandwich will not disappoint. -> More information

6. Hollywood Forever Cemetery

Even if you’re not a fan of the undead, the Hollywood Forever Cemetery is always a good option for both cold and warm nights. Hosting a wide variety of outdoor events from concerts to Cinespia movie screenings, groups of friends, romantic lovers, or adventurous individuals can enjoy eerie, but fun, evenings in this unique venue. The cemetery also hosts a wide variety of cultural events, including their annual Día De Los Muertos celebration. -> More information

Hollywood Forever Cemetery

Hollywood Forever Cemetery. Credit: anokarina via flickr cc

7. Huntington Library

The Huntington Library in San Marino is home to extensive art collections, engaging cultural events, and one of the most impressive botanical gardens in Southern California. The gardens, the most popular offering, feature a Japanese garden, lily pond, rose garden, children’s conservatory, and other more exotic sections. Springtime is especially colorful, but families and couples can visit the garden year ’round for a dose of greenery and calming serenity.  -> More information

Huntington Library Bridge

Japanese Garden Bridge at the Huntington Library. Credit: Michael Saechang via flickr cc

8. The Cinerama Dome

One of several historic theaters in Hollywood, the Cinerama Dome has been very well maintained over the decades and provides a one-of-kind movie watching experience. The first and only geodesic dome theater in the world, this venue includes over 800 seats in front a deeply curved screen. Whether it’s an action-packed or romantic movie, you’ll feel a part of the imaginary world you’re viewing.  -> More information

Cinerama Dome Los Angeles

The Cinerama Dome. Credit: Christopher Paulin via flickr cc

9. The Broad

If you’re an Instagram user, chances are you’ve seen a few Infinity Room selfies. Hosted at The Broad, this famed exhibit is one of many inside of the contemporary art museum. While lines are long and pre-purchased tickets are highly recommended, we’re here to tell you that it’s all worth it. Their interactive, thought-provoking and sometimes funny exhibits are a guaranteed fun afternoon with friends. Plus they really are Instagram-worthy experiences and art. -> More information

Infinity Room

Infinity Room selfie at The Broad. Photo credit: Brian Champlin / We Like L.A.

10. The Getty

Last, but certainly not least, The Getty is a perfect spot for a full afternoon of activities with family or friends. Located off the 405 freeway, this free museum offers art exhibits, an education center for kids, and sprawling grounds featuring benches, grassy areas, and gorgeous viewing spots. Visit here for a full day of art, or bring a picnic and spend a sunny afternoon outside. -> More information

The Getty Center Exterior

The Getty Center. Credit: Ayleen Gaspar via flickr cc

Story by We Like LA.

Rodeo Realty's Studio City agent Laura Piller-Plourde sales home of “Let’s Make a Deal” host Wayne Brady

Game show host Wayne Brady has sold his Sherman Oaks home for $2.65 million. Laura Piller-Plourde of Rodeo Realty Studio City listed the modern residence, which made headlines in the Los Angeles Times.

The updated home is located behind gates up on a private drive. Built in 1954, the one-story property features hardwood floors, high-beamed ceilings, and a skylight-lit entry within the open floor plan.

The home comes with five bedrooms and five bathrooms. The house also contains a living and family room, a chef’s kitchen, a dining room, and an office.

Outdoors, there’s a swimming pool and spa, a barbecue center, fire pit, and a grassy play area.

To read the LA Times article on this sale, click HERE.

Economic update for the week ending July 7, 2018

U.S. economy adds 213,000 new jobs in June – Unemployment rate ticks up to 4% – The Department of Labor Statistics reported that U.S. employers added 213,000 new jobs in June. Experts had predicted 194,000 new jobs, so this was a very positive report. The unemployment rate increased to 4% as more workers entered the workforce. Average hourly wages were just 2.7% above last June’s level. This was below the 2.8% expected.
 
Stocks snap a three week losing streak and end the week higher – A better than expected June jobs report, and expectations of a strong second quarter earnings reporting season, helped stocks shrug off fears of a global trade war. The Dow Jones Industrial Average closed the week at 24,456.58, up from 24,271.41 last week. It is down 1.1% year-to-date.  The S&P 500 closed the week at 2,759.83, up from 2,718.37. It’s up 3.2% year-to-date. The NASDAQ closed the week at 7,688.39, up from 7,510.30 last week. It’s up 11.4% year-to-date.
 
Treasury Bond Yields drop again this week  –  The 10-year treasury bond closed the week yielding 2.78%, down from 2.85% last week. The 30-year treasury bond yield ended the week at 2.94%, down from 2.98% last week. We watch bond rates because mortgage rates follow bond rates.
 
Mortgage Rates down this week –  The July 5, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.52%,  down from 4.55%  last week. The 15-year fixed was 3.99%, down from 4.04% last week. The 5-year ARM was 3.74% down from 3.87% last week.
 
Have a great weekend,
Syd

The Best Action Movies So Far For 2018

DEADPOOL 2 | 20TH CENTURY FOX
BEIRUT | BLEECKER STREET
TOMB RAIDER | WARNER BROTHERS
UPGRADE | BH/TILT
KICKBOXER: RETALIATION | WELL GO USA ENTERTAINMENT
MANHUNT | NETFLIX
INCREDIBLES 2 | PIXAR
BRAVEN | SABAN FILMS
ANT-MAN AND THE WASP | MARVEL STUDIOS
A QUIET PLACE | PARAMOUNT PICTURES
THE COMMUTER | LIONSGATE
BLACK PANTHER | MARVEL STUDIOS
ANNIHILATION | PARAMOUNT PICTURES

Weekend Events: July 6 – 8

Los Angeles provides no limit of things to do, some awesome and some not so awesome. Since time is precious in this fast paced city we curate a list of things to do in Los Angeles for every weekend that’ll help you decide how you want to spend your limited supply of attention (not to mention dollars!).

This weekend, from Friday, July 6 to Sunday, July 8, features Old Pasadena Summer Cinema,Late Night Fridays at the Tar Pits, Los Angeles Salsa Festival, The Dessert Goals Fest, Summertime in the LBC and MUCH more.

Hope you find the rundown useful and, as always, enjoy your week!

Friday July 6th, 2018

1. Old Pasadena Summer Cinema continues with screenings on Friday and Saturday that include Sunset BoulevardPee-wee’s Big Adventure and more. The series brings free movie screenings to the Old Pasadena area at select venues from July 5 to 28. FREE

2. Back for the 15th year in a row, The Independent Shakespeare Co. presents Shakespeare in the Parkat the Old Zoo in Griffith Park with free performances Thursday through Sunday of A Midsummer Night’s Dream. FREE

3. The Hammer museum will host a live broadcast of the FIFA World Cup this Friday and Saturday during the quarterfinals. FREE

4. The Music Center’s annual Dance DTLA series is back for 2018 with a series of Friday-night events at Grand Park. This week features Dance DTLA an evening dedicated to line dancing. FREE

5. Anime Expo 2018 returns to the Los Angeles Convention Center July 5-8 , giving anime experts and beginners alike the opportunity to meet some of anime’s greatest creators, voice actors and more.

6. Shakespeare By The Sea will once again offer a ten-week program of admission-free performances. The series continues with performances of The Winter’s Tale and The Merry Wives of Windsor from Friday through Sunday. FREE

7. Mexican bolero icons Los Tres Reyes and Grammy award-winning recording artist Rosalie Rodriguez will take the stage of the Ford Theatre this Friday for a concert featuring bolero music a style considered to be the most romantic music genre of Latin America.

8. Are you a Chase bank customer? Got a freebie you might want to know about. Coolhaus is teaming with the Forum and Chase to hand out free ice cream sandwiches to Chase customers on Fridays all summer long. Locations will change every Friday, and the offer is ice cream sandwich per cardholder. Get more info here.

9. Barnsdall Fridays returns to Barnsdall Art Park for the tenth year in a row, with evening tastings of boutique wines and music from KCRW DJs perched atop a hill with incredible city views.

10. For over 30 years, Grand Performances has offered a variety of performance events at California Plaza, for free. Their 2018 summer series runs June 1 through August 18. Performing this Friday is Ginkgoa; The Vignes Rooftop Revival performing the music of Django Reinhardt and Bootsy Collins of Parliament-Funkadelic fame on Saturday. FREE

11. Rooftop Cinema Club returns to the rooftops of LEVEL in DTLA and NeueHouse in Hollywood with multiple screenings this week that include The Shape of Water, Mystic Pizza and more.

12. Beyond the Streets is a fully immersive exhibition of street and graffiti art comprised of over 30 artist in a massive 40,000+ square feet exhibits. Artist are an eclectic mix of street and beyond including Retna, Shepard Fairey, Kenny Scharf Dennis Hopper and Jenny Holzer. Open Tuesday through Sunday this week. Open Tuesday through Sunday this week. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

13. The Department of Beaches and Harbors presents Beach Movie Nights at Dockweiler Youth Center this week screening Big Hero 6. FREE

14. The Griffith Observatory hosts a monthly forum where some of the most amazing phenomena in the known universe are explained and discussed. It’s called All Space Considered and it takes place on the first Friday of every month. FREE

15. Madame Tussauds in Hollywood is throwing a 80’s style midnight party.  In collaboration with 1987 Juices the event is a workout party with live music by DJ Lalaland and cold pressed juices. 80’s workout wear is suggested.

16. Since its the first Friday of the month check out all the cool events happening around town including block parties and art walks for First Fridays.

17Jazz at LACMA welcomes Louis Van Taylor at the BP grand entrance at 6 p.m. FREE

18. Free museum daysNorton Simon Museum (5 to 8 p.m.), Pasadena Museum of California Art (noon to 5 p.m.), La Brea Tar Pits Museum (5 to 8 p.m.) and Long Beach Museum of Art (11 a.m. to 5 p.m.)

Saturday July 7th, 2018

19. The 3rd annual Los Angeles Salsa Festival 2018 returns to Pershing Square in DTLA July 7-8 for a fun-filled cultural event honoring salsa. An array of salsas will be available to sample, along with local food vendors selling their best dishes both days of the festival.

20. Enjoy a free outdoor concert featuring music from Broadway, Hollywood, and the Great American Songbook when the Pasadena Symphony and POPS brings Music Under the Stars to the plaza in front of Pasadena City Hall. FREE

21. The Dessert Goals Fest heads to Cooper Design Space in DTLA July 7-8, with the theme: the Moon + Stars. Attendees are encouraged to dress around the theme. Expect 20+ dessert vendors selling their wares, an Instagram Garden, complimentary coffee courtesy of Bodum, free candy, and more. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

22. Enjoy free movie screenings under the stars when the Amazon Treasure Truck heads to the Santa Monica Pier this weekend for a screening of Hotel Transylvania. FREE

23Summertime in the LBC returns to the Queen Mary in Long Beach for a daylong music festival showcasing many of your favorite hip-hop artists of the last few decades. Snoop Dogg will perform his seminal record Doggystyle and you can expect Ice Cube, The Game, Ja Rule & Ashanti, The Isley Brothers, Method Man & Redman, E-40 & Too $hort, Warren G & Dove Shack, DJ Quik & Suga Free, Mack 10 and more to bring down the house.

24. Celebrate summer in the SGV during Movies in the Park, a free outdoor film series screening at Alhambra Park. This weekend they’ll screen the animated version of Beauty and the BeastFREE

25. Eat|See|Hear returns for 2018 with a screening of Rear Window at The Autry Museum. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

26. The Long Beach Vegan Festival will feature delicious vegan fare from hundreds of vendors, live music, creative art installations, a kids play zone, a vegan chili cook-off and earth-friendly vendors. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

27. The Mac & Cheese Beer Festival heads to the Globe Theatre for the ultimate comfort food pairing. Guests will have access to complimentary samples of 60+ craft beers, live music and over a dozen chefs will offer small size portions of their signature Mac and Cheese creations for $3-$5.

28. Street Food Cinema returns this weekend with a screening of My Girl at Central Park in Glendale and E.T. at Will Rogers State Historic Park in Pacific Palisades. Select screenings are discounted via Goldstar. DISCOUNTED

29. Picture This!, L.A.’s only live animated comedy show, is back with another free show at The Virgil in East Hollywood. During this show, see standup comics perform as talented animators, cartoonists and artists draw them live. FREE

30. Celebrate the glories of Los Angeles art with Made in L.A. at the Hammer in Westwood. On view now till September 2, 2018. FREE

31. Cinespia is back for its 17th summer season, at the Hollywood Forever Cemetery for screenings of films modern, cult, and classic. This Saturday they’ll screen Austin Powers International Man.

32. Outdoor theater Will Geer’s Theatricum Botanicum, located in Topanga Canyon summer 2018 season begins on June 2 with a performance of Shakespeare’s Coriolanus.

33. There’s no better place to explore the history of our city than inside Becoming Los Angelesthe Natural History Museum’s newly revamped (and just reopened) exhibit that details the culture, events, geography, movements, art, and diverse peoples that have shaped the city of angels.

Sunday July 8th, 2018

34. Take a free dance lesson with famed dance veteran Debbie Allen every second Sunday of every month now through August at The Wallis in Beverly Hills. This month she will lead a salsa class. FREE

35. There’s a free Union Station Art & Architecture Tour this Sunday. Led by Metro Art Los Angeles Docents the tour will help guest discover art works, architecture and spaces not generally open to the public. Tour begins at the information booth inside the Alameda Street entrance and no reservations required. FREE

36. Silver Lake’s female-driven wine shop, Vinovore, is teaming up with non-profit animal rescue organization, MaeDay Rescue, to host a pop-up dog adoption event. Hangout with furry friends and enjoy donation based wine tastings poured by certified sommelier and owner Coly Den Haan.

37. Check out the Rose Bowl Flea Market — one of the most beloved markets of its type this Sunday.Taking place at the Rose Bowl on the second Sunday of each month, the flea market features a staggering 2500-plus vendors and 20,000 shoppers.

38. E.P. & L.P. in West Hollywood continues their stylish cinema series Melrose Rooftop Theatre with a screening of The Greatest Showman.

39. Shakespeare’s most magical play, A Midsummer Night’s Dream returns to the Will Geer Theatricum Botanicum in Topanga Canyon for 12 performances throughout the summer, from June 3-September 3.

40. The exhibit “Satoyama: Evolving with the Forest” celebrates epicurean ecology through a collaboration between Michelin-starred chef and Japanese cooking pioneer Chef Yoshihiro Narisawa and leading food photographer, Sergio Coimbra. The food photography exhibition will feature many interactive moments including educational workshops throughout the till July 29, 2018.

41. Free museum daysMuseum of Latin American Art and Craft and Folk Art Museum (pay what you can)