The Prism Daily ~ Wed, June 27, 2012
Welcome to The Prism Daily, your ‘One-A-Day’ financial news-tritional supplement, including trace elements of information and analysis that every healthy investor needs. Specially formulated to address a wide variety of financial ailments. Published by David Taylor and Gordon Philips, Directors of Prism Solutions, publishers of The Prism Daily and the weekly Prism Letter (past issues archived here)
Today’s Daily Dose
Bloomberg reports: “Confidence among U.S. consumers dropped in June for a fourth consecutive month as mounting concern over jobs and incomes dimmed the outlook for spending… The slide in confidence raises the risk that the slowdown in hiring… will cause households to retrench, restraining the spending that accounts for about 70 percent of the economy.” (emphasis added)
Prism Counters: Dave and Gordon are pleased to announce that confidence among Prism staffers continues to move higher as mounting optimism over mathematical performance brightens the outlook for increased client spending power… The rise in confidence raises the likelihood that performance will generate even stronger numbers and continue to boost equity, even as bonds flag, bank CD’s frustrate and stocks falter.
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Until next time…
May All Your Investments Be Profitable,
The Staff and Management of Prism Solutions, LLC
‘Better Investing Through Science’
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