Weekly Economic Update



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|GIESTING FINANCIAL |

|WEEKLY UPDATE |

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| |February 16, 2015 |

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| |A MESSAGE FROM MARK… |

| |Many of us have heard the saying, “Most people learn from their own mistakes, but the wise person learns from the |

|WEEKLY QUOTE |mistakes of others.”, and learning what works is important too! I took all of that to heart when I started |

| |Giesting Financial almost 13 years ago, and am proud to be an independent business owner serving the families of |

|“The real problem is not |Batesville and our surrounding communities. That’s why I’m so excited to announce the upcoming, “Launching Your |

|whether machines think but |Own Business - Start Right, Plan Right” workshop this Thursday, February 19 from 9:00 a.m. to Noon at the Big Four|

|whether men do.” |Café in Batesville - sponsored by The Indiana Small Business Development Center (ISBDC). ”The ISBDC was created |

| |to have a positive and measurable impact on the formation, growth, and sustainability of small businesses in |

|- B.F. Skinner |Indiana, and to help Hoosier Entrepreneurs start stronger, grow faster, and work smarter.” |

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| |This 3 hour workshop sponsored will step you through the process of starting a business and provide you a guide |

| |through the Business Plan. The Business Plan is a necessary tool for all business start-ups and existing |

| |businesses— especially if the company is looking for a loan of any type. This workshop will include all materials,|

| |live instruction and a subscription to their online SmallBizNavigator business plan guide. You can register for |

| |this workshop online at or call Diane at (812)-952-9765. |

|WEEKLY TIP | |

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|One fundamental rule about |RETAIL SALES DECREASE AGAIN |

|consumer debt: never arrange a |Recently, economists have worried about a decline in household spending. The 0.8% fall for retail sales in January|

|loan that may outlast the life |affirmed their anxieties. Consumers have certainly been buying less fuel, but even with gas purchases removed, |

|of whatever you are buying. |there was still an 0.2% retreat. Headline retail sales have now sunk for consecutive months; earlier Commerce |

| |Department data showed an 0.9% falloff in December.1 |

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| |HOUSEHOLD SENTIMENT INDEX DECLINES |

| |Did the rough weather blasting much of the nation affect the reading of the latest University of Michigan consumer|

| |sentiment index? Quite possibly. The final January edition came in at an 11-year high of 98.1, but February’s |

| |initial edition fell to 93.6 – and per region, the major declines came in the Midwest and Northeast.1 |

|WEEKLY RIDDLE | |

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|I am astonishingly light, but |OIL ENDS THE WEEK WITH A RALLY |

|even the strongest person in |Rising 3.1% in a day, WTI crude settled at $52.78 a barrel on the NYMEX Friday. Over on the COMEX, silver rose |

|the world can only hold me for |3.6% on the week to $17.29 while gold slipped 0.6% across five days to $1.227.10.2 |

|a few minutes. What am I? | |

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| |S&P 500 CLOSES AT A NEW RECORD HIGH |

| |Thanks to a 2.02% weekly ascent, the index settled at 2,096.99 Friday. Rising crude prices and signs of economic |

| |improvement in the euro area helped. Those factors also assisted the Dow and Nasdaq: the former gained 1.09% on |

| |the week, the latter 3.15%. Friday brought a close of 4,893.84 for the Nasdaq, 18,019.35 for the Dow.3 |

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|Last week’s riddle: |THIS WEEK: U.S. stock and bond markets are closed Monday for Presidents’ Day, but eyes will be on Europe as Greece|

|What 8-letter name would be |formally asks to renegotiate its bailout. On Tuesday, earnings roll in from MGM Resorts, Goodyear, Medtronic, |

|cute and logical for a house |Waste Management, Norwegian Cruise Line, Agilent, Fossil, Jack in the Box, and Bridgestone. Wednesday, Wall Street|

|cat living below the |looks at the minutes from the January Federal Reserve policy meeting, the latest Producer Price Index, data on |

|Mason-Dixon line? |January industrial output, building permits and housing starts and earnings from Fluor, Duke Energy,, Hilton, Avis|

| |Budget Group, SolarCity, Virgin America, Hyatt Hotels, Marathon Oil, Healthstream, Denny’s, Barrick Gold, Marriott|

| |and Garmin. The Conference Board’s January index of leading indicators arrives Thursday, plus a new initial claims|

|Last week’s answer: |report, earnings from Nestle, Wal-Mart, Priceline, Hormel, DirecTV, Boise Cascade, Clear Channel, Novatel, Noble |

|Southpaw. |Energy, Six Flags Entertainment, Newmont Mining, Public Storage and Nordstrom … and for the first time ever, |

| |minutes from a European Central Bank meeting (January 22). Friday sees earnings from Choice Hotels and Deere. |

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| |% CHANGE |

| |Y-T-D |

| |1-YR CHG |

| |5-YR AVG |

| |10-YR AVG |

| | |

| |DJIA |

| |+1.10 |

| |+12.43 |

| |+15.68 |

| |+6.70 |

| | |

| |NASDAQ |

|[pic] |+3.33 |

| |+15.40 |

| |+24.83 |

| |+13.50 |

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| |S&P 500 |

| |+1.85 |

| |+14.60 |

| |+19.00 |

| |+7.39 |

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| |REAL YIELD |

| |2/13 RATE |

| |1 YR AGO |

| |5 YRS AGO |

| |10 YRS AGO |

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| |10 YR TIPS |

| |0.34% |

| |0.56% |

| |1.46% |

| |1.54% |

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| |Sources: online., , - 2/13/154,5,6,7 |

| |Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not |

| |include dividends. 10-year TIPS real yield = projected return at maturity given expected inflation. |

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|DISCLOSURE: Giesting Financial is not owned or controlled by the cfd Companies. Adviser not licensed in all States. Advisory Services are |

|Provided through Creative Financial Designs, Inc., a Registered Investment Adviser, and Securities are Offered through cfd Investments, Inc., a |

|Registered Broker/Dealer, Member FINRA & SIPC, 2704 South Goyer Road, Kokomo, IN 46902 765.453.9600 |

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|Citations. |

|1 - pfjbxc4 [2/13/15] |

|2 - companies/news/59878/gold-gains-05-to-1227-wti-rises-31-to-5278-59878.html [2/13/15] |

|3 - markets.on.research/markets/usmarkets/usmarkets.asp [2/13/15] |

|4 - markets.us [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=DJIA&closeDate=2%2F13%2F14&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=COMP&closeDate=2%2F13%2F14&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=SPX&closeDate=2%2F13%2F14&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=DJIA&closeDate=2%2F12%2F10&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=COMP&closeDate=2%2F12%2F10&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=SPX&closeDate=2%2F12%2F10&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=DJIA&closeDate=2%2F14%2F05&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=COMP&closeDate=2%2F14%2F05&x=0&y=0 [2/13/15] |

|5 - bigcharts.historical/default.asp?symb=SPX&closeDate=2%2F14%2F05&x=0&y=0 [2/13/15] |

|6 - resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [2/13/15] |

|7 - resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [2/13/15] |

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