Volume 1, Issue 43 | May 21, 2018
Weekly Economic Update
Cornerstone Financial Partners presents a weekly economic update, featuring top economic headlines as well as other useful information, such as quotes, tips and more!
U.S. Retail Sales Rise Match Expectations in April
Retail sales rose 0.3% in April as rising gasoline prices cut into discretionary spending. Consumer spending appeared on track to accelerate after a sharp slowdown in the first quarter of the year. Higher gasoline prices do pose a threat, however, as they have risen around 31 cents per gallon in 2018.

Mnuchin Declares U.S.-China Trade War 'On Hold'
U.S. Treasury Secretary Steven Mnuchin said the U.S. trade war with China is "on hold" and that both sides agreed to drop their tariff threats while they attempt to work out a wide-ranging trade agreement.

Market Snapshot
Dow Jones Industrial Average
YTD: +1.19 %

S&P 500
YTD: +2.22 %

NASDAQ
YTD: +7.11 %

U.S. 10 Year Treasury Yield
Yield: 3.07%
YTD Change: +24.34%


Indices are unmanaged, do not incur fees or expenses, and cannot be invested into directly. These returns do not include dividends. Return/yield data current as of close of business on previous Friday.
Quote of the Week
"As we express our gratitude, we must never forget that the highest appreciation is not to utter the words, but to live by them."

-John F. Kennedy
Golf Tip of the Week
It is necessary to mark your ball once it is on the green in order to allow players further away to putt. However, marking of a golf ball must be done properly, or players can be subject to a penalty. While there are various penalty scenarios involving ball markers, one of the simplest things to remember is actually one of the most overlooked. Since the ball marker is considered a movable obstruction, it can be moved by a player if it is in the line of another player's putt, but don't forget to move it back afterwards!
Financial Tip of the Week
Retiring in the near future? A monthly retirement budget is a good idea - and so is a current budget that establishes a schedule for paying down debts and reducing current costs before you enter into a new phase of life.
Recipe of the Week
Campfire Potatoes
You're going to want to make these with or without a campfire.

Cornerstone Financial Partners | 260.440.8125 | www.cornerstonefinancialpartners.net