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Jehl & Kreilach Financial Management Presents:


WEEKLYQUOTE “People often say that motivation doesn’t last. Well, neither does bathing – that’s why we recommend it daily.”

CONSUMER SENTI MEN T CONTIN UES TO SLIP Analysts polled by Reuters had expected the University of Michigan’s initial July consumer sentiment index to show a minor gain. That didn’t happen: instead of the projected 0.2% rise to 73.4, the index fell 1.2%to 72.0, a low unseen since December. An exclamation point within the data: just 19%of Americans polled felt that their financial situation would improve within the next year, a record low for the survey. The barometer of current economic conditions did improve to 83.2 from 81.5.1

- Zig Ziglar



Given the 0.9%decline in energy prices last month, this overall gain in the Producer Price Index was surprising. The cost of gasoline increased 1.9%last month and food prices climbed as well, influencing the advance. Core PPI rose 0.2%in June.1

As you retire, look at the changesin your expenses.Will your mortgage soon be paid off? What businessrelated expenseswill disappear, and what new expenseswill emerge?This may matter greatly in your retirement planning.

WEEKLYRIDDLE Note this alphabetic progression: B, C, D, E, G. What letter should then follow as the sixth letter in this successive series? Last week’s riddle: I may be red, green or yellow. Eat me, and you may stay a healthy fellow. My interior is white; I don’t give off light. What am I? Last week’s answer: An apple.

OIL, GOLD & RETAIL GAS PRICES MOVE NORTH Pump prices increased 0.9%last week, according to AAA’s Daily Fuel GaugeReport; they are up 1.0%so far for the month. NYMEX crude gained 3.14%last week to settle Friday at $87.10a barrel; gold advanced 0.86%on the COMEXfor the week, with those futures settling Friday at $1,592.50per ounce.2

DOW CLIMBS 200 POINTS ON FRIDAY THE 13TH Why? China’s latest annualized GDPestimate (+7.6%)was not as bad as forecasters expected, and Q2results from JPMorgan and Wells Fargo were encouraging, even as Moody’s cut Italy’s credit rating Friday to two notches above junk level. After its 204-point Friday gain, the DJIA settled at 12,777.09. The NASDAQended Friday at 2,908.47,while the S&P500 closed at 1,356.77.Across the week, the Dow went +0.04%,the S&P+0.15%and the NASDAQ-0.98%.2,3,4 THIS WEEK: Monday, CensusBureau data on June retail sales arrives plus Q2results from Citigroup, Charles Schwab and Gannett. Tuesday, the June CPI and June industrial output data appear, Ben Bernanke starts two days of testimony in Congress, and earnings reports emerge from Yahoo!, Intel, Coca-Cola, Goldman Sachs, Johnson & Johnson and Mattel. On Wednesday, a new Fed Beige Book is out, June housing starts and building permits figures arrive and we have earnings from Bank of America, U.S.Bancorp, American Express, PNCBank, Honeywell, Qualcomm, Yum! Brands and eBay. Thursday, NARoffers June existing home sales data, new initial claims numbers appear and Q2 results arrive from Philip Morris, Microsoft, Morgan Stanley, Novartis, SanDisk, Capital One, Nokia, Travelers, Verizon, BB&T, Google, AMD, Chipotle, E*Trade and Southwest Airlines. Friday, we have IPOsfrom Kayak and Fender and Q2 earnings from GEand Xerox. % CHANGE















S&P 500






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Sources:,,, ­ 7/13/12 Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not include dividends. 3,5,6,7

Please feel free to forward this article to family, friends or colleagues. If you would like us to add them to our distribution list, please reply with their address. We will contact them first and request their permission to add them to our list. Registered Representative and Principal, Securities offered through Cambridge Investment Research Inc., broker/dealer, Member FINRA/ SIPCto residents of: IN, AK, FL, IA, IL, MI, MN, MO, TN, CT, CA, NY, NJ,SC,VA and OH. Advisory Services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor to residents of: IN, AK, FL, IA, IL, MI, MN, MO, TN, CT, CA, NY, NJ, SC,VA and OH. Jehl & Kreilach Financial Management and Cambridge are not affiliated. This material was prepared by MarketingLibrary.Net Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. Marketing Library.Net Inc. is not affiliated with any broker or brokerage firm that may be providing this information to you. 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 JonesIndustrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQComposite Index is an unmanaged, marketweighted 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&P500) 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. NYSEGroup, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSEArca (formerly known as the Archipelago Exchange, or ArcaEx®,and the Pacific Exchange). NYSEGroup 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 NYMEXDivision, home to the energy, platinum, and palladium markets, and the COMEXDivision, 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 completenessor 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 -[7/13/12] 2 -[7/13/12] 3 -[7/13/12] 4 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 5 -[7/13/12] 6 - [7/13/12] 6 - [7/13/12] 7 - [7/10/02]

Weekly Economic Update  

Weekly Economic Update

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