Tri-Star Trust Bank
www.tristartrust.com
Simplifying Life
Market Statistics
LAST
S&P 500
WEEKLY CHANGE % CHANGE
LAST
WEEKLY CHANGE
% CHANGE
1,520
+2
+ 0.1%
30-year fixed mortgage
3.53%
+ 0 bp
DJIA
13,982
- 11
- 0.1%
Gold
$1,609
- $59
- 3.5%
10-year U.S. Treasury
2.01%
+ 6 bp
+ $1.09
+ 0.9%
Brent crude oil
$120.33
This Week’s Highlights
Retail Sales Are Light
If doubt ever existed that tax increases don't affect spending, look
no further than last month's advance report on retail sales (see
chart). Sales for January rose just 0.1% to $416.6 billion. Recall that
consumers saw their take-home pay drop as the payroll tax rate
was restored to 6.2% in January from 4.2%. Auto sales continued
to power forward, up 12.1% year over year. Building-equipment
suppliers, reflecting the solid housing recovery, reported sales
increased 5.7%.
Retail and Food Services Sales
430
Billions of Dollars
Weekly Telegram
February 15, 2013
395
360
325
2007
2009
2011
2013
Nemo Disrupts Claims
The snowstorm called Nemo that struck the East Coast in early
February was blamed for skewing unemployment claims. Business generally came to a halt, so great skepticism surrounded the
big drop to 341,000 claims. Industrial-production numbers for
January also were released this week. Production declined 0.1%,
driven primarily by a 3.2% decline in auto manufacturing.
Period:
Feb. 2
Announced:
341,000
Expected:
365,000
Source:
Department of Labor
Period:
February 2013
Consumer Sentiment Rebounds
With concerns of the "fiscal cliff" behind us, consumer confidence gained this month. The Thomson Reuters/University of
Michigan sentiment index rose to 76.3 in early February from
73.8 last month. The results were better than expected. A rebounding housing market, better-than-expected jobs growth and
stock indexes at five-year highs were cited as contributing to the
brighter outlook.
Announced:
76.3
Expected:
73.5
Source:
TRI/Univ of Michigan
Stocks Pause; Gold Slumps
Stock prices closed down slightly for the week, as the market prepared for the sequestration showdown into the end of the month.
The DJIA closed down 11 points to 13,982. Bond prices slipped as
yields inched higher across all maturities. The 10-year Treasury
settled at 2.01%. Oil prices were generally firm, as Brent crude
closed at $120.33 per barrel. However, gold prices took a dive this
week, closing at $1,609 per ounce, down $59. Rumors circulated
of large hedge funds trimming exposure.
2-year UST
+ 2 bp to 0.27%
5-year UST
+ 4 bp to 0.87%
10-year UST
+ 6 bp to 2.01%
30-year UST
+ 3 bp to 3.19%
S&P 500
DJIA
Nasdaq
FTSE
+ 2 (0.1%) to 1,520
- 11 (-0.1%) to 13,982
- 2 (-0.1%) to 3,192
+ 64 (1.0%) to 6,328
Copyright 2013 by Financial Counselors, Inc. This material has been prepared for information purposes only. Factual materials
obtained from sources believed to be reliable but cannot be guaranteed. Chart data: U.S. Department of Commerce: Census
Bureau, Federal Reserve Bank of St. Louis.
Market data for the week ending February 15, 2013
Week
Ending
Close
2/15/13
Index Or Metric
Week
Opened at
Point or $
Change
YTD%
Change
52
Week%
Change
Economics
Summary
This week’s economic
releases:
http://biz.yahoo.com/c/ec/
DJIA
13,981.76
1wk Δ = 0.06%
13,992.97
-11.21
6.7%
8.0%
201308.html
Sources: The Wall Street
S&P 500
1,519.79
1wk Δ = -0.10%
1,517.93
1.86
6.6%
11.6%
-1.84
5.7%
8.1%
Journal, CNBC.com,
MSCI Barra.com, and
Goldprice.org.
NASDAQ
3,192.03
1wk Δ = -0.21%
3,193.87
Prepared by: Andre
Buckley and Robert
Russell 2000
923.15
1 wk Δ = -0.07%
913.67
9.48
8.7%
11.4%
Miller
Edited & Distributed
by: Danielle Rohac
M.S.C.I. EAFE
1,663.457
1 wk Δ = -0.5510%
1,672.674
-9.217
3.71%
8.22%
*Disclaimer: This
information is
provided for
Week
Ending
Yield
Index or Metric
The Week
Opened at
Basis Point
Yield
Change
YTD
% Change
52 Week
%
Change
3 Month T-Bill
0.101%
0.071%
0.03%
0.01%
0.2%
10 Year
2.009%
1.953%
0.056%
-1.7%
2.4%
95.86
95.72
$0.14
-7.15%
4.40%
NYMEX Crude
1 wk Δ = -1.49%
informational
purposes only and
does not constitute a
recommendation for
any investment
strategy or product
described herein.
This information is
not intended as
investment advice
and does not take
Gold (CMX)/oz.
$1608.80
1 wk Δ = -1.58%
$1666.00
-$57.2
-6.71%
-3.94%
into account an
investor’s individual
circumstances.
Week
Ending
Close
The Week
Opened at
$1.3362
$1.3365
$ Up YTD %Δ= -1.2%
Japanese Yen (per U.S. $) ¥/$
¥93.51
¥92.69
$ Up YTD %Δ= 7.8%
British Pound (in U.S. $) $/₤
$1.5516
$1.5801
$ Up YTD %Δ= 4.7%
be reliable, but its
Canadian Dollar (in U.S. $) $/C$
$.9936
$.9975
$ Up YTD %Δ= 1.4%
interpretation are
Australian Dollar (in U.S. $) $/AUD$
$1.0305
$1.0318
$ Up YTD %Δ= 0.9%
New Zealand Dollar (in U.S. $) $/NZ$
$.8451
$.8357
$ Down YTD %Δ= -2.0%
Swiss Franc (in U.S. $) $/S Franc
$1.0849
$1.0901
$ Up YTD %Δ= 0.7%
Brazil Real $/Real
$.5080
$.5068
$ Down YTD %Δ= -3.9%
Currency
Euro (in U.S. $)
$/€
Opinions expressed
Impact on the U.S. $ for the
week and YTD % change
herein are subject to
change at any time
without notice.
Information has been
obtained from
sources believed to
accuracy and
not guaranteed.