Last updateTue, 05 Jul 2016 5pm


Los Altos

1997 Colleen Drive, D. & B. Hanz to D. & J. Han for $2,070,000

220 De Anza Lane, M. Dunn to R. Moreira for $2,610,000

Definitive stock predictions for 2016

Now that the dust has settled on 2015, it’s time to enjoy the flood of predictions coming from well-known (and not-so-well-known) experts on stock market performance for 2016. I did a quick scan and came up with the following.

•┬áJulian Emanuel, a strategist at UBS global finance services company, expects the Standard & Poor’s 500 index to end 2016 at 2,275 amid modest earnings growth and rising interest rates, according to Forbes. That translates to an estimated 11 percent return for the year.

Ceramicist gives new way to clay

Alicia Castro/Town Crier
Los Altos potter Hila Itzhak, who recently moved to the area from Israel, brings her passion for ceramics and techniques of the trade.

Los Altos potter Hila Itzhak knows the unpredictable power of the kiln, and she can handle the heat.

“It’s like a beast,” she said of the oven chamber. “You put something in, and you don’t know how it’s going to come out. When you learn to accept that, you love it.”

A new year: Investing in 2016

The aging bull market will finally fall to the bear. In approximately three weeks, fourth-quarter earnings reports will hit the market – and they won’t be encouraging for the average investor.

Head of Honcho uncorks wine bar

Alicia Castro/Town Crier
Honcho proprietor Rod Newman recently opened the First Street wine and beer lounge with the vision of creating a comfortable place for adults to socialize.

At Honcho – a newly opened craft beer and wine lounge in downtown Los Altos – proprietor Rod Newman is all about reds, whites and relationships.

“I really enjoy interacting with people,” the Los Altos resident said. “My mother is a lifetime teacher – maybe I got that from her.”

Reviewing the year and forecasting the next

Some of the biggest gains in the “Town Crier 50” stocks in 2015 were also several best performing big-cap stocks.

Wall Street rallies after Fed move

After the U.S. Federal Reserve reported that it was raising its key policy rate for the first time in a decade Dec. 16, the stock market went positive as markets deemed the move dovish.

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