Source: Yahoo! Finance.  Data through 3-4-11

Global markets had a rocky week thanks to pressure from oil, and concerns that rising oil will put a damper on the economic recovery.  However, modest job growth and increasing corporate profits are still driving the market higher.  As I suspect in the short-term, we may be seeing smaller bumps in the market versus a large drop as it continues to move higher.

The upcoming week should be light in terms of economic news since earnings season is coming to a close.  However, the flip-side to that is that investors will be paying even more attention to the news overseas.  I will continue to monitor the oil (and inflation) news closely.

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John P. Chladek, MBA, CFP^® is the President of Chladek Wealth Management, LLC, a fee-only financial planning and investment management firm specializing in helping families and couples who are not yet retired realize their financial goals.  For more information, visit https://www.chladekwealth.com.

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