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Presents:

WEEKLY ECONOMIC UPDATE


No"em,er 55 4256

WEEKLY QUOTE
If you can dream it you can ac!ie"e it#$ - Zig Ziglar

SHUTDOWN DOESNT DETER HIRING


T!e La,or De'artment7* de(ayed Octo,er em'(oyment re'ort *!o%ed t!e economy addin- 423 222 ne% )o,* (a*t mont!# Ana(y*t* 'o((ed ,y +euter* !ad on(y e8'ected a -ain of 541 222# T!e unem'(oyment rate actua((y ro*e to 0#69 a* t!o*e ana(y*t* !ad 'redicted# T!i* %a* a nice :riday *ur'ri*e for Wa(( ;treet and it a(*o made in"e*tor* %onder if t!e ta'erin- of QE6 cou(d come ,efore t!e end of t!e year# A *o(id No"em,er em'(oyment re'ort cou(d offer furt!er -round* for t!at mo"e# 5

WEEKLY TIP
If you !a"e %or&ed for your current em'(oyer for )u*t a fe% year* c!ec& to ma&e *ure t!at you are no% fu((y "e*ted in t!e retirement '(an it *'on*or*#

FIRST Q3 GDP ESTI

!TE TOPS E"PE#T!TIONS

In anot!er nice *ur'ri*e for Wa(( ;treet t!e <ureau of Economic Ana(y*i* 'ut t!ird =uarter -ro%t! at 4#>9 %!erea* economi*t* *ur"eyed ,y Mar&etWatc! !ad 'ro)ected a readin- of 4#69# In re(ated ne%* a federa( re'ort *!o%ed factory order* u' 5#09 in ;e'tem,er and t!e In*titute for ;u''(y Mana-ement7* *er"ice *ector PMI ro*e a fu(( 'oint in Octo,er to 11#3#4 6

HOUSEHOLD IN#O

ES OUTP!#E SPENDING

WEEKLY +IDDLE
I am on(y one *y((a,(e (on- and too !ea"y for one 'er*on to (ift ,ut if you re"er*e me I am not# W!at am I.
Last weeks riddle: /o% many time* can you *u,tract t!e num,er 01 from 0 122. Last weeks answer: Once ,ecau*e after t!e fir*t *u,traction you %i(( t!en ,e *u,tractin01 from 0 341 and *o fort!#

T!e ;e'tem,er con*umer *'endin- re'ort %a* a ,it of a di*a''ointment# Per*ona( *'endin- increa*ed 2#49 ?economi*t* 'o((ed ,y Mar&etWatc! !ad foreca*t a 2#69 ri*e@ %!i(e 'er*ona( income* ro*e 2#19 *u--e*tin- t!at !ou*e!o(d* *a"ed more and *'ent (e** of %!at t!ey earned# No"em,er7* initia( Uni"er*ity of Mic!i-an con*umer *entiment inde8 came in at 04#2 do%n from t!e fina( Octo,er mar& of 06#4#6

DOW #LOSES !T NEW PE!$


+i*in- 5#2>9 on t!e day and 2#A39 on t!e %ee& t!e DBIA *ett(ed at a ne% a((Ctime 'ea& of 51 0D5#0> :riday# T!e ;EP 122 ro*e 2#159 acro** fi"e day* to *ett(e at 5 002#D5 at %ee&7* end %!i(e t!e tec!C!ea"y NA;DAQ (o*t 2#209 in t!e *ame *tretc! c(o*in- :riday at 6 A5A#46# Incidenta((y t!e ;EP i* no% ridin- a 1C%ee& %in *trea& it* (on-e*t *ince midC:e,ruary#5 3 THIS WEE$F Earnin-* *ea*on i* %indin- do%n ,ut it *!ou(d *ti(( ta&e center *ta-e t!i* %ee& %it! (i-!t data comin- out of Wa*!in-ton# Monday i* Geteran* Day a federa( !o(idayH ,ond mar&et* are c(o*ed ,ut t!e *toc& mar&et i* o'en and Ne%*Cor' American A''are( Dic&7* ;'ortin- Iood* and Trend Micro %i(( 're*ent Q6 re*u(t*# Tue*day ,rin-* earnin-* from Di*! Net%or& D+ /orton Dean :ood* and Pandora# Wedne*day offer* Q6 re*u(t* from Ci*co and Macy7*# On T!ur*day earnin-* re'ort* from Wa(CMart Ko!(7* Nord*trom Wi((iam* ;onoma Godafone Giacom and A-i(ent arri"e a(on- %it! ne% initia( c(aim* fi-ure*# +e'ort* on Octo,er indu*tria( out'ut and ;e'tem,er %!o(e*a(e in"entorie* a''ear :riday#
% CHANGE Y-T-D 1-YR CHG 5-YR AVG 10-YR AVG

DJIA NASDAQ S&P 500


REAL YIELD

+20.28 +29.80 +24.15


11/8 RAT

+23.03 +35.35 +28.54


1 YR AG!

+15.25 +27.58 +18.04


5 YRS AG!

+6.07 +9.89 +6.81


10 YRS AG!

10 YR TIPS

0.59"

-0.85"

2.86"

2.10"
5,6,7,8

S#$%&'() *SAT!DAY.&#+, -./&01%2(.&#+, 2%'1($%3./#4 - 11/8/13 I56.&'( 1%' $5+151/'6, 6# 5#2 .5&$% 7''( #% '89'5('(, 156 &155#2 -' .54'(2'6 .52# 6.%'&2:3. T0'(' %'2$%5( 6# 5#2 .5&:$6' 6.4.6'56(.

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T!i* materia( %a* 're'ared ,y Mar&etin-Li,rary#Net Inc# and doe* not nece**ari(y re're*ent t!e "ie%* of t!e 're*entin- 'arty nor t!eir affi(iate*# Mar&etin- Li,rary#Net Inc# i* not affi(iated %it! any ,ro&er or ,ro&era-e firm t!at may ,e 'ro"idin- t!i* information to you# T!i* information *!ou(d not ,e con*trued a* in"e*tment ta8 or (e-a( ad"ice and may not ,e re(ied on for t!e 'ur'o*e of a"oidin- any :edera( ta8 'ena(ty# T!e Do% Bone* Indu*tria( A"era-e i* a 'riceC%ei-!ted inde8 of 62 acti"e(y traded ,(ueCc!i' *toc&*# T!e NA;DAQ Com'o*ite Inde8 i* an unmana-ed mar&etC%ei-!ted inde8 of a(( o"erCt!eCcounter common *toc&* traded on t!e Nationa( A**ociation of ;ecuritie* Dea(er* Automated Quotation ;y*tem# T!e ;tandard E PoorJ* 122 ?;EP 122@ i* an unmana-ed -rou' of *ecuritie* con*idered to ,e re're*entati"e of t!e *toc& mar&et in -enera(# It i* not 'o**i,(e to in"e*t direct(y in an inde8# NY;E Irou' Inc# ?NY;EFNYK@ o'erate* t%o *ecuritie* e8c!an-e*F t!e Ne% Yor& ;toc& E8c!an-e ?t!e NY;E$@ and NY;E Arca ?former(y &no%n a* t!e Arc!i'e(a-o E8c!an-e or ArcaE8L and t!e Pacific E8c!an-e@# NY;E Irou' i* a (eadin- 'ro"ider of *ecuritie* (i*tin- tradin- and mar&et data 'roduct* and *er"ice*# T!e Ne% Yor& Mercanti(e E8c!an-e Inc# ?NYMEK@ i* t!e %or(dJ* (ar-e*t '!y*ica( commodity future* e8c!an-e and t!e 'reeminent tradin- forum for ener-y and 'reciou* meta(* %it! tradin- conducted t!rou-! t%o di"i*ion* M t!e NYMEK Di"i*ion !ome to t!e ener-y '(atinum and 'a((adium mar&et* and t!e COMEK Di"i*ion on %!ic! a(( ot!er meta(* trade# Additiona( ri*&* are a**ociated %it! internationa( in"e*tin- *uc! a* currency f(uctuation* 'o(itica( and economic in*ta,i(ity and difference* in accountin- *tandard*# T!i* materia( re're*ent* an a**e**ment of t!e mar&et en"ironment at a *'ecific 'oint in time and i* not intended to ,e a foreca*t of future e"ent* or a -uarantee of future re*u(t*# Pa*t 'erformance i* no -uarantee of future re*u(t*# In"e*tment* %i(( f(uctuate and %!en redeemed may ,e %ort! more or (e** t!an %!en ori-ina((y in"e*ted# A(( information i* ,e(ie"ed to ,e from re(ia,(e *ource*H !o%e"er %e ma&e no re're*entation a* to it* com'(etene** or accuracy# A(( economic and 'erformance data i* !i*torica( and not indicati"e of future re*u(t*# Mar&et indice* di*cu**ed are unmana-ed# In"e*tor* cannot in"e*t in unmana-ed indice*# T!e 'u,(i*!er i* not en-a-ed in renderin- (e-a( accountin- or ot!er 'rofe**iona( *er"ice*# If a**i*tance i* needed t!e reader i* ad"i*ed to en-a-e t!e *er"ice* of a com'etent 'rofe**iona(#

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