“If you don’t like something, change it. If you can’t change it, change your attitude.”
WEEKLY TIP How much money do you spend on coffee annually? $1,000? More? If you are looking to save some money, buy instant and make coffee at home – or cut back on coffee drinking.
WEEKLY RIDDLE How much dirt is in a 2-foot diameter hole that is 4 feet deep? (There isn’t too much math involved here.)
Last week’s riddle:
Last week’s answer: They all have teeth.
|
June 20, 2011
PRICES RISE, BUT INFLATION PRESSURE EASES
LEADING INDICATOR INDEX TURNS NORTH
CONSUMER SENTIMENT WAVERS The preliminary June University of Michigan consumer sentiment survey came in at 71.8 last week, below the 74.0 that economists polled by Bloomberg had forecast and beneath the final 74.3 mark of May. The gauges surveying current conditions (-2.3%) and six-month expectations (-2.7%) both declined.3
RETAIL SALES COME IN BETTER THAN EXPECTED Overall retail sales retreated just 0.2% for May. The Commerce Department said sales actually improved by 0.3% when the 2.9% drop in car sales was factored out. U.S retail sales are now up 7.7% in the last year.4
DOW, S&P SNAP LOSING STREAKS
THIS WEEK: Monday, no major economic releases are scheduled – but markets will certainly be responding to results of the meetings on the Greek debt crisis over the weekend. On Tuesday, we learn about May existing home sales and Barnes & Noble, Adobe and Walgreens announce earnings. The Federal Reserve considers an interest rate decision Wednesday, and we have earnings reports out of Bed Bath & Beyond and FedEx. Thursday brings data on May new home sales, earnings from Discover Financial, ConAgra and Oracle, and new initial and continuing jobless claims reports. Friday, the report on June durable goods orders comes out.
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not include dividends.
| ||||||||||||||||||||||||||||||
Please feel free to forward this article to family, friends or colleagues.
| |||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||
Kim Spucces Investment Advisor Representative ( Direct Line: 714/673-0383 765 The City Drive, Suite 100-C l Orange, California 92868
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.
Citations. 1 - bls.gov/news.release/cpi.nr0.htm [6/15/11] 2 - bls.gov/news.release/ppi.nr0.htm [6/14/11] 3 - bloomberg.com/news/2011-06-17/u-s-leading-economic-indicators-index-rises.html [6/17/11] 4 - marketwatch.com/story/retail-sales-fall-for-first-time-in-11-months-2011-06-14-919560 [6/17/11] 5 - cnbc.com/id/43444316 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=6%2F17%2F10&x=0&y=0 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=6%2F17%2F10&x=10&y=18 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=6%2F17%2F10&x=0&y=0 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=6%2F16%2F06&x=0&y=0 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=6%2F16%2F06&x=0&y=0 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=6%2F16%2F06&x=0&y=0 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=6%2F18%2F01&x=0&y=0 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=6%2F18%2F01&x=0&y=0 [6/17/11] 6 - bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=6%2F18%2F01&x=0&y=0 [6/17/11] 7 - treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [6/17/11] 7 - treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [6/17/11] 8 - treasurydirect.gov/instit/annceresult/press/preanre/2001/ofm11001.pdf [1/10/01] 9 - montoyaregistry.com/Financial-Market.aspx?financial-market=roth-ira-rules-and-regulations&category=1 [6/19/11] |
|
High Trust is a leader in the BNI Community, provides an excellent source of qualified, outstanding professionals to whom we refer our clients and friends, while maximizing our business potential, thus demonstrating the power of Givers Gain®. |
Wednesday, June 22, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Comments to this blog must meet the standards of the High Trust BNI leadership team. If your comments are rude, unproductive, or in any way defaming, your comments will be removed, your access to the blog blocked, and you will be put on the banned list. Thank you for making this blog a positive and constructive environment.