RMR Wealth Management Blog

Market Commentary by Ryan C. Rogers

RMR Wealth Management - Monday, April 30, 2012

Positive earnings pushed stocks higher despite a weaker than expected Gross Domestic Product (GDP) report.  Many believe week economic data will fuel the Fed to provide another round of Quantitative Easing(QE).  This week has several economic indicators due for release.  Monday release of Personal Income, Personal Spending, The Chicago Purchasing Managers report, and the Dallas Fed Manufacturing report.  All eyes with focus on Friday when the Monthly Jobs Report is scheduled to be released.  Earlier this morning it was reported Spain fell back into a Recession and S&P downgraded most the the country's banks.  The week will also see many U.S. corporate earnings releases. 

Ryan C. Rogers

RMR Wealth Management, LLC

One Battery Park Plaza

31st Floor

New York, NY 10004

www.rmrwm.com

http://twitter.com/#!/RyanCRogers1

 

 

 


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