Page 4 December 15, 2016 EL SEGUNDO HERALD Classifieds The deadline for Classified Ad submission and payment is Noon on Tuesday to appear in Thursday’s paper. Advertisements must be submitted in writing by mail, fax or email. You may pay by cash, check, or credit card (Visa or M/C over the phone). Errors: Please check your advertisements immediately. Any corrections and/or changes in an ad must be requested prior to the following Tuesday deadline in order to receive a credit. A credit will be issued for only the first time the error appears. Multiple runs will only be credited for the first time the error appears. No credit will be issued for an amount greater than the cost of the advertisement. Beware: Employment offers that suggest guaranteed out-of-state or overseas positions may be deceptive or unethical in nature. If you have any doubts about the nature of a company, contact the local office of the Better Business Bureau, (213) 251-9696. Herald Publications does not guarantee that the advertiser’s claims are true nor does it take responsibility for those claims. Classes Hot Yoga classes available, 142 Sheldon st., M-F 10:00am., 5:00pm, 7:00 pm, Contact: 657-259-8152 or elsegundohotyoga.com Employment Outside sales: Looking for Outside Sales Representative to sell display ads in Torrance. Sales experience a plus. Work from home, but must call on customers and attend events. Flexible hours, approximately 20 hours a week. $15/hr, plus 10% commission to start, 20% of sales after probation. Interested parties send resume to management@heraldpublications.com. Help Wanted Team to Manage, Rent, Clean, Must have tools, 45 units in Torrance- 2BD/2BTH, Garage + $1,000 (equivalent to part time 30/ hr.) 310-322-9255 For Lease Prime Retail/Office Space, Free Standing Building, 1,895/Mo. Available now, 216 Standard, El Segundo for further information please call: Bill Ruane – 310- 647-1635 For Rent 1718 E. Mariposa, Unit E, El Segundo, CA 90245, 1 BD/1BA $1,650/Mo, 1 Car enclosed Garage, Available December 5th. Open daily for viewing from 12-6pm beginning on Dec. 4th, For further information please call: Bill Ruane – 310-322-0000 For Rent Single Family Home in El Segundo, 3 BD/2 BA, $4,995/Mo. 7 Car Parking, Available January 5th, For further information please call: Bill Ruane – 310-647-1635 House for Rent Back house 2BD/1Bth, beautiful, hardwood, crown molding, stove, dishwasher, microwave, w/d, private patio/yard, off street parking, extra storage. 2,300.00 310-322-3151 For Sale 2009 Honda Fit, in dash navigation, original owner 78,000 mi 26/36 MPG Large cargo space, very good condition $6.500 (310) 414-0922 Garage Sale Garage sale! 131 whiting st. #1, El Segundo. 07:00 am thru morning on Saturday December 17th To appear in next week’s paper, submit your Classifed Ad by Noon on Tuesday. Visit us online: www.heraldpublications.com Good Year from front page Pro-Business Policies President-Elect Donald Trump and GOP congressional leaders share goals of cutting taxes and easing regulations, which would boost business investment. When and if tax cuts are passed by Congress, Trump’s proposals to boost infrastructure spending would kick in, benefitting construction employment and income as well as the sectors and companies that support construction. Economists believe the boost would be short-term unless spending reductions accompany those tax cuts to corporations, some middle-class taxpayers and the very wealthy. The U.S. economy in a best-case scenario might grow at four percent next year, economists think. That compares to a more modest two percent growth that occurred in the past few years under the Obama Administration, though the U.S. financial sector took a full eight years to climb back from a global recession exacerbated by the collapse of banks and the mortgage industry. Word on the Street Is… The big players in the financial markets are betting that Donald Trump will live up to his campaign promises and boost government spending, cut taxes and roll back regulation and environmental protections. Since the election, every major financial market index has reached record highs. The U.S. market rose last week, recording very strong gains a full month after the election. The S&P 500 has soared 5.6 percent since November 8. Financial and energy stocks have rallied sharply. Let the Good Times Roll The consumer confidence report for November by the Conference Board was the highest in nine-and-a-half years. A preliminary December report from the University of Michigan climbed sharply to the highest level since December 2006. Consumers expect a positive impact of new economic policies following President- Elect Trump’s victory five weeks ago. Consumers feel more confident today and over the next six months than they have in years, largely because the labor market is at full employment, the stock market is at record highs, and incomes are rising. The Dollar Delivers There is speculation shared among economists and business leaders that a Trump presidency will mean wider budget deficits and more inflation. That would create a sharp curve for the U.S. dollar to negotiate after climbing back against currencies of our trading partners, including the European Union and Mexico. The Euro fell last week to less than 1.06 in value against the dollar--its strongest position in 14 years. The dollar has rallied against most emerging market currencies and especially the Mexican peso, which has declined 52 percent in value against the U.S. dollar in two years. The risk of a trade war between the U.S. and China and perhaps between the U.S. and Mexico is another reason for the advancing value of the dollar, according to a just-released report for California. Home a Loan Interest rates on short-term loans for everything from Hondas to home electronics are increasing because the economy is stronger and expected to bulk up next year. The financial markets were already factoring in an increase in rates by the Federal Reserve Board before the November election. Borrowers who want to buy a home or a finance a remodel of an existing one could be spared the rate jump that’s coming. “Remember that long-term rates do not necessarily rise in reaction to the Federal Reserve moving short-term rates upward, but the expectation that the economy will accelerate in 2017 is readjusting the yield on 10-year U.S. Treasury bonds, especially under a Trump presidency where higher growth is anticipated,: said regional economist Mark Schniepp. “Rates are still very low by historical standards – and they are not likely to move sharply higher in 2017. The forecast has rates rising to 2.8 percent in 2017 and 3.5 percent in 2018.” We’ll Pay More for Goods, Services Inflation is just below two percent in Southern California, and everybody expected that figure to head higher in the next two years regardless of which candidate won the presidential election. Call it a case of too much of a good thing for the economy, for California, for the nation. The U.S. and state’s economy enters its ninth year of recovery starting January 1. Long economic expansions like ours strain existing resources like labor, machinery, transportation and distribution. What happens is prices rise in reaction to the inflationary pressure beneath them. See Good Year page 19
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