|John J. Barrios, CFP® Presents:|
“The more that you find out about the world, the more opportunities there are to laugh at it.”
A Roth IRA can be used to save for your future and your children’s future. The money can help fund your retirement and it can optionally help to fund a child’s college education.
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 riddle:
Last week’s answer:
|UNEMPLOYMENT FALLS TO 8.2%That good news was tempered by some disappointments. The U.S. economy only managed a net gain of 120,000 non-farm jobs in March; analysts were hoping for a gain of at least 200,000. The private sector added 121,000 positions in March; ADP had projected an increase of 209,000. However, the underemployment rate declined again last month (to 14.5%) and the manufacturing sector grew by 37,000 jobs.1
ONE PMI TOPS EXPECTATIONS; ANOTHER DOESN’T
A GREAT MARCH FOR AUTOMAKERS
OIL ADVANCES, GOLD SLIPS
STOCKS RETREAT IN SHORT TRADING WEEK
Across four market days, the Dow lost 1.15% to 13,060.14, the S&P 500 fell 0.74% to 1,398.08 and the NASDAQ dipped 0.36% to 3,080.50. So the worst week for stocks so far in 2012 wasn’t that bad. A contributing factor: the minutes from the March 13 FOMC meeting signaled that the Federal Reserve might not attempt further stimulus efforts. However, the March jobs report could help to alter the Fed’s outlook.1
THIS WEEK: Monday evening, Fed chairman Ben Bernanke speaks at the Atlanta Fed’s Financial Markets Conference. Tuesday, Alcoa offers Q1 results. Wednesday, the Fed puts out a new Beige Book and earnings arrive from Progressive. Thursday, the March PPI is out to complement weekly initial claims numbers and earnings from Google and Rite Aid. Friday brings the March CPI, the initial April consumer sentiment survey from the University of Michigan, and earnings reports from Wells Fargo and J.P. Morgan; also, Ben Bernanke speaks in New York about the federal policy response to the Great Recession.
Sources: msn.money.com, bigcharts.com, treasury.gov, treasurydirect.gov – 4/6/121,5,6,7
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 – money.msn.com/market-news/post.aspx?post=98ca0651-75b8-4c7e-afb9-3e390da03ecf/ [4/6/12]
2 – briefing.com/investor/calendars/economic/2012/04/02-06 [4/6/12]
3 – www.businessweek.com/ap/2012-04/D9TTICGO2.htm [4/3/12]
4 – montoyaregistry.com/Financial-Market.aspx?financial-market=common-financial-mistakes-and-how-to-avoid-them&category=29 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F6%2F11&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F6%2F11&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F6%2F11&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F5%2F07&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F5%2F07&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F5%2F07&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=4%2F5%2F02&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=4%2F5%2F02&x=0&y=0 [4/6/12]
5 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=4%2F5%2F02&x=0&y=0 [4/6/12]
6 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [4/6/12]
6 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [4/6/12]
7 – treasurydirect.gov/instit/annceresult/press/preanre/2002/ofm10902.pdf [1/9/02]
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