|John J. Barrios, CFP® Presents:
“The greatest discovery of my generation is that human beings can alter their lives by altering their attitudes.”
– Lee Iacocca
Take a look at your withholding. It might be wise to adjust it before the end of the year, especially if you make estimated tax payments (and even if you don’t).
In a drawer are six pairs of red socks, four pairs of white socks and five pairs of blue socks. In total darkness, how many socks would you have to grab to be certain you had a matching pair?
Last week’s riddle:
Last week’s answer:
A baseball team.
|August 29, 2011
COULD SEPTEMBER BRING ANOTHER STIMULUS?
NEW HOME SALES DECLINE, BUT HOME PRICES GO UP
The Census Bureau announced a 0.7% drop in new home sales in July; sales were up 6.8% from a year ago. The average sale price was $272,300, with 6.6 months of inventory on the market. Overall U.S. home prices rose 0.9% in June, said the Federal Housing Finance Agency (the best 1-month gain since September 2005).2,3
SURPRISE! DURABLE GOODS ORDERS RISE 4.0%
CONSUMERS PERCEIVE TOUGH TIMES
BEST WEEK FOR STOCKS SINCE JUNE
THIS WEEK: Monday, the numbers come out on July consumer spending, and we also get a report on June pending home sales. Tuesday offers June’s Case-Shiller home price index and the Conference Board’s August snapshot of consumer confidence. July factory orders data comes out on Wednesday. In addition to weekly jobless claims figures, Thursday brings ISM’s August manufacturing index. On Friday morning, the July unemployment report is released.
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
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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.
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1 – cnbc.com/id/44286314 [8/26/11]
2 – census.gov/const/newressales.pdf [8/23/11]
3 – bloomberg.com/news/2011-08-24/orders-for-durable-goods-in-u-s-increase-4-twice-as-much-as-estimated.html [8/24/11]
4 – businessweek.com/news/2011-08-26/u-s-michigan-consumer-sentiment-index-slumped-in-august.html [8/25/11]
5 – cnbc.com/id/44285944 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=8%2F26%2F10&x=0&y=0 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=8%2F26%2F10&x=10&y=18 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=8%2F26%2F10&x=0&y=0 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=8%2F25%2F06&x=0&y=0 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=8%2F25%2F06&x=0&y=0 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=8%2F25%2F06&x=0&y=0 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=8%2F27%2F01&x=0&y=0 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=8%2F127%2F01&x=0&y=0 [8/26/11]
6 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=8%2F27%2F01&x=0&y=0 [8/26/11]
7 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [8/26/11]
7 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [8/26/11]
8 – treasurydirect.gov/instit/annceresult/press/preanre/2001/ofm71101.pdf [7/11/01]
9 – montoyaregistry.com/Financial-Market.aspx?financial-market=wealth-planning-using-the-stretch-ira-strategy&category=4 [8/28/11]