|John J. Barrios, CFP® Presents:|
“Physical fitness is not only one of the most important keys to a healthy body. It is the basis of dynamic and creative intellectual activity.”
Do you feel too financially pinched to contribute to an IRA? You could use your tax refund for that very purpose.
What is the beginning of sorrow and the end of sickness? Something you cannot express happiness without? Something that is always in risk, but never in danger?
Last week’s riddle:
Karen is twice her brother’s age and half her father’s age. In 22 years, her brother will be half the father’s age. How old is Karen now?
Last week’s answer:
Karen is 22 years ol
|CONSUMER PRICES ROSE 0.3% IN MARCH
Last month’s gain in the federal government’s Consumer Price Index matched the consensus forecast of economists polled by Briefing.com and followed gains of 0.4% in February and 0.2% in January. Gasoline prices were up 1.7% last month. Core CPI rose 0.2%, so that put annualized consumer inflation at 2.7%, less than the 2.9% recorded in February. Headline producer prices were flat in March, while the core Producer Price Index rose 0.3% (the fifth straight monthly rise in core PPI). Economists polled by Reuters had expected overall PPI to rise 0.2% last month.1,2,3
CONSUMER SENTIMENT WAVERS
BEIGE BOOK: RECOVERY PROCEEDING NICELY
OIL & GAS PRICES FALL; Gold RISES
BULLS BATTLE BEARS
April 9-13 was a volatile stretch for the market. For the week, the DJIA went -1.61% to 12,849.59, the S&P 500 -1.99% to 1,370.26 and the NASDAQ -2.25% to 3,011.33. All S&P 500 sectors lost ground on the week as concerns about Spain’s debt and U.S. corporate earnings affected investor outlooks.6,7
THIS WEEK: Monday, Census Bureau data on March retail sales complements earnings from Mattel, Charles Schwab, Gannett and Citigroup. Tuesday, reports on March housing starts and factory output come in along with Q1 results from Yahoo!, Coca-Cola, IBM, Goldman Sachs, Johnson & Johnson and Intel. Wednesday offers earnings from Yum Brands, Bank of NY Mellon, eBay and Qualcomm. Thursday, Q1 results from Bank of America, DuPont, Morgan Stanley, Travelers, Verizon, Microsoft, Capital One and SanDisk come in plus March existing home sales data. Friday brings earnings from General Electric and McDonalds.
Sources: cnbc.com, bigcharts.com, treasury.gov, treasurydirect.gov – 4/13/127,8,9,10
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.
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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 – www.nytimes.com/2012/04/14/business/economy/consumer-inflation-up-modestly.html [4/13/12]
2 – briefing.com/investor/calendars/economic/2012/04/09-13 [4/13/12]
3 – www.cnbc.com/id/47027476 [4/12/12]
4 – www.marketwatch.com/story/modest-to-moderate-economic-growth-beige-book-2012-04-11-148140 [4/11/12]
5 – money.msn.com/market-news/post.aspx?post=fadc5c34-4c33-4af9-90e2-9c80bb50cbcb [4/13/12]
6 – montoyaregistry.com/Financial-Market.aspx?financial-market=common-financial-mistakes-and-how-to-avoid-them&category=29 [4/13/12]
7 – www.cnbc.com/id/47040305 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F13%2F11&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F13%2F11&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F13%2F11&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F12%2F07&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F12%2F07&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F12%2F07&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F12%2F02&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F12%2F02&x=0&y=0 [4/13/12]
8 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F12%2F02&x=0&y=0 [4/13/12]
9 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [4/13/12]
9 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [4/13/12]
10 – treasurydirect.gov/instit/annceresult/press/preanre/2002/ofm10902.pdf [1/9/02]