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Minnetrista Board 1

Brad LaTour was recently elected to the board of directors for Minnetrista, a museum center for cultural exploration located in Muncie, IN.  Brad is proud to represent shared values with Minnetrista, including family & relationships, stewardship, and learning.  He is pictured here with Richard Crist, board chair (left) and Betty Brewer, President and CEO of Minnetrista (right). Website:


The Markets
The last day of July saw each of the indexes listed here post gains over their June closing values.  Despite slumping tech stocks at the end of the month, the Nasdaq led the benchmarks for the month, closely followed by the Global Dow, as each index gained over 3.0%.  Both the large-cap Dow and S&P 500 posted gains, spurred by charging energy stocks and favorable corporate earnings reports.  The small-cap Russell 2000, which has lagged behind the other indexes listed here, gained a little more than half a percent for the month and is up just over 5.0% year-to-date.  The overall favorable performance of the market was more noteworthy considering the upheaval in the White House and the failure of Congress to enact health-care legislation.  The yield on 10-year Treasuries was little changed from June.  Yields increase as bond prices decrease.
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July Market Month

The Markets
The second quarter proved to be a bit bumpy for equities, but each of the benchmarks listed here closed the quarter ahead of their first-quarter closing values.  April saw equities close the month ahead of March, buoyed by favorable corporate earnings reports, proposed tax cuts, and strong foreign economic advances.  Nasdaq led the way posting monthly gains of 2.30%, followed by the Global Dow, which gained almost 1.50%.  The large-cap Dow advanced 1.34%, ahead of the S&P 500, which increased close to 1.00% for the month.  Even the small-cap Russell 2000, which has had some rough weeks, closed April 1.05% ahead of its March close.
May was a slower month as consumer spending and wage growth were relatively weak, with only 138,000 new jobs added in May, compared with an average monthly gain of 181,000 over the prior 12 months.  Nevertheless, only the Russell 2000 lost value, falling 2.16% from its April closing mark.  Nasdaq continued to surge, ending May with a monthly gain of 2.50%
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Jon-Michael Plennert, CFP(R), investment advisor at Indiana Trust Company, has been authorized by the Certified Financial Planner Board of Standards to use the CERTIFIED FINANCIAL PLANNER(TM) and CFP(R) certification marks.  The CFP(R) marks identify those individuals who have met the rigorous experience and ethical requirements of the CFP Board, have successfully completed financial planning coursework and have passed the CFP(R) Certification Examination.
















"On June 21, Bob Kaufman and Tom Henman joined Indiana Trust's Brad LaTour and Rob Santoni at the Player's Club in Yorktown, Indiana to support the Muncie-Delaware County Chamber of Commerce Golf event."