|John J. Barrios, CFP® Presents:
“Is there anything better than to be longing for something, when you know it is within reach?”
– Greta Garbo
Should your adult children ask you to help them out with business financing or a down payment on a property, refrain from saying yes until you determine if your personal finances can handle it.
What surrounds everyone and is the end of time and space?
Last week’s riddle:
Last week’s answer:
|August 15, 2011
Americans BUY MORE IN JULY
CONSUMER CONFIDENCE WANES
The initial August Reuters/University of Michigan consumer sentiment survey showed a major plummet. While economists polled by MarketWatch had expected a reading of 61.0, the gauge hit 54.9 – its lowest level since May 1980.3
Gold GAINS $91 IN A WEEK
A RECORD LOW FOR THE REFINANCER’S FAVORITE
WILD SWINGS ON WALL STREET
THIS WEEK: Monday, Lowe’s announces 2Q results. Tuesday, we have reports on July industrial output and housing starts plus earnings from Wal-Mart, Saks, Home Depot and Dell. Wednesday, we get the July Producer Price Index and earnings from Target and Deere. Thursday brings July existing home sales data, the July Consumer Price Index, the Conference Board’s July set of leading indicators, weekly jobless claims numbers and earnings from Gap, Sears and Hewlett-Packard. No major economic releases or earnings reports are scheduled for Friday.
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John Barrios is registered to offer securities through First Heartland Capital, Inc. Member FINRA & SIPC, and offer advisory services through First Heartland Consultants, Inc. Barrios Financial Services is not affiliated with First Heartland Capital, Inc.
This material was prepared by MarketingLibrary.Net Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world’s largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. Market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional.
1 – latimesblogs.latimes.com/money_co/2011/08/retail-sales-send-stocks-up-again.html [8/12/11]
2 – fxstreet.com/fundamental/economic-indicators/us-business-inventories-rise-sligh0812/2011/08/12/ [8/12/11]
3 – marketwatch.com/story/august-sentiment-drops-to-lowest-since-1980-2011-08-12 [8/12/11]
4 – blogs.wsj.com/marketbeat/2011/08/12/data-points-energy-metals-511/ [8/12/11]
5 – usatoday.com/money/economy/housing/2011-08-11-mortgage-rates-low_n.htm [8/11/11]
6 – cnbc.com/id/44118761 [8/12/11]
7 – blogs.wsj.com/marketbeat/2011/08/12/data-points-u-s-markets-42/ [8/12/11]
8 – cnbc.com/id/44115923/ [8/12/11]
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9 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=8%2F12%2F10&x=0&y=0 [8/12/11]
9 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=8%2F11%2F06&x=0&y=0 [8/12/11]
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9 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=8%2F11%2F06&x=0&y=0 [8/12/11]
9 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=8%2F13%2F01&x=0&y=0 [8/12/11]
9 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=8%2F13%2F01&x=0&y=0 [8/12/11]
9 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=8%2F13%2F01&x=0&y=0 [8/12/11]
10 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [8/12/11]
10 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [8/12/11]
11 – treasurydirect.gov/instit/annceresult/press/preanre/2001/ofm71101.pdf [7/11/01]
12 – montoyaregistry.com/Financial-Market.aspx?financial-market=the-truth-about-financial-advisors&category=5 [8/14/11]