|Reeve Conover Presents:
“When you come to the end of your rope, tie a knot and hang on.”
– Franklin Delano Roosevelt
Consolidating your banking and money management accounts at one institution could mean fewer or lower banking fees, and maybe some perks as well.
You have 9 seemingly identical cubes before you. You are told that one is heavier than the other eight. Using a two-pan balance scale only twice, how can you pick out the heaviest cube?
Last week’s riddle:
Last week’s answer:
The letter R.
September 19, 2011
CPI, PPI TELL DIFFERENT STORIES
Retail Sales UNCHANGED FOR AUGUST
consumerS FEEL A BIT MORE OPTIMISTIC
gold DROPS, oil ADVANCES
CENTRAL BANK PLEDGE GIVES STOCKS A LIFT
THIS WEEK: Monday, markets will be poised to respond to the weekend efforts of Eurozone finance ministers (and Treasury Secretary Timothy Geithner) to craft possible solutions to the EU’s sovereign debt problems; also, Lennar issues earnings. Tuesday, we get data on August housing starts and results from Adobe, ConAgra and Oracle. Wednesday, the Fed’s September policy meeting wraps up, and August existing home sales figures and earnings from General Mills arrive. On Thursday, Nike, FedEx, Discover, Cintas and CarMax issue results; new initial claims figures come in along with September’s Conference Board LEI index. KB Home announces earnings on Friday.
Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly.
These returns do not include dividends.
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1 – latimesblogs.latimes.com/money_co/2011/09/inflation-cpi-food-energy-core-fed-economy-stimulus-qe-bond-yields-.html [9/15/11]
2 – news.briefing.com/investor/analysis/story-stocks/ppi–august-2011.htm [9/14/11]
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