|John J. Barrios, CFP® Presents:|
| WEEKLY QUOTE“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
– Winston Churchill
If you are a caregiver, you recognize the role long term care insurance can play in funding the care of a loved one. If you are considering it for yourself, you should know that it is most affordable when you are in your fifties.
It is a short and simple word, and something that everyone needs. Put an ‘r’ on the end and you have a new friend, but if the first letter goes away, you are sad. What is this word?
Last week’s riddle:
Last week’s answer:
The word that doesn’t belong is “coin” – you can put “sand” in front of all of the other words and end up with a new word.
|PRICES Rise Most In TEN MONTHSConsumer prices were up 0.4% in February according to the Commerce Department, yet core inflation rose only 0.1%. A 6% jump in gasoline prices represented 80% of the Consumer Price Index’s biggest gain since April, while food prices were flat for the first time since July 2010. Economists polled by Bloomberg expected a 0.5% rise in CPI for the month. Producer prices also rose 0.4% last month, but prices for finished products were up but 0.1%. Annualized inflation was at 2.9% in February; annualized core CPI was at 2.2%.1,2
AN ILLUMINATING STATESIDE STRESS TEST
CONSUMERS BUY MORE, SHOW LESS CONFIDENCE
BEST WEEK FOR U.S. EQUITIES SINCE DECEMBER
The NASDAQ? It went +2.24% on the week to settle Friday at 3,055.26. The Dow? Up 2.40% in five days to end the week at 13,232.62. The S&P 500? +2.43% to 1,404.17 at Friday’s close. More good news: the CBOE VIX settled below 15 Friday after touching a 5-year low. Crude oil was down 0.32% for the week to $107.06, gold down 3.25% last week to $1,655.80.2,6
THIS WEEK: Monday, Adobe Systems issues Q4 results. Tuesday, February housing starts figures complement earnings from Tiffany, Krispy Kreme, Oracle and Cintas, and Fed chairman Ben Bernanke speaks at George Washington University. Wednesday, existing home sales figures are out for February as well as Q4 earnings from General Mills and Discover Financial. Thursday brings around round of initial claims, the Conference Board’s February leading indicators index and earnings from Nike, FedEx, Dollar General, Accenture and GameStop. Friday, we get data on February new home sales plus earnings from Darden Restaurants and KB Home.
Sources: cnbc.com, bigcharts.com, treasury.gov, treasurydirect.gov – 3/16/126,7,8,9
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.usatoday.com/money/economy/story/2012-03-16/February-inflation-consumer-price-index/53561880/1 [3/16/12]
2 – money.msn.com/market-news/post.aspx?post=7b65a645-53f2-4b26-8b37-7c9c88448197 [3/16/12]
3 – www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/03/16/investopedia77515.DTL [3/16/12]
4 – www.census.gov/retail/marts/www/marts_current.pdf [3/13/12]
5 – montoyaregistry.com/Financial-Market.aspx?financial-market=common-financial-mistakes-and-how-to-avoid-them&category=29 [3/16/12]
6 – www.cnbc.com/id/46758651 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=3%2F16%2F11&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=3%2F16%2F11&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=3%2F16%2F11&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=3%2F16%2F07&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=3%2F16%2F07&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=3%2F16%2F07&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=3%2F15%2F02&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=3%2F15%2F02&x=0&y=0 [3/16/12]
7 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=3%2F15%2F02&x=0&y=0 [3/16/12]
8 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [3/16/12]
8 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [3/16/12]
9 – treasurydirect.gov/instit/annceresult/press/preanre/2002/ofm10902.pdf [1/9/02]