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Obama unveils reform plan.

President Obama announced a plan to revamp financial industry regulation and prevent firms “too big to fail” from collapsing. The plan would make the Federal Reserve the chief watchdog over big banks, insurers and other major financial firms.1

Housing starts leap up 17%.

They increased by 17.2% in May - and permits for single-family homes were up 7.9% last month, making it the best month in that category since November.2

Energy prices push down CPI.

Across the 12 months ending in May, the Consumer Price Index fell 1.3%, the biggest year-over-year drop since 1950 and mostly due to declining energy prices.

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Citations

bloomberg.com/apps/news?pid=20601103&sid=aJTI_GE0pf8Y 6/17/09 2 marketwatch.com/story/us-may-housing-starts-jump-172-to-532000-rate-2009616830160 6/16/09 2 marketwatch.com/story/us-may-housing-starts-jump-172-to-532000-rate-2009616830160 6/16/09 3 money.cnn.com/2009/06/17inflation-gasoline-economy-business-beltway-inflation.html 6/17/09 4 forbes.com/2009/06/17/inflation-gasoline-economy-business-beltway-inflation.html 6/17/09 5 msnbc.msn.com/id/12400801/ 6/19/09 6 online.wsj.com/article/BT-CO-20090619-710031.html 6/19/09 7 marketwatch.com/story/gold-silver-on-track-for-third-weekly-loss?siteid=rss 6/19/09 8 cnbc.com/id/31449928 6/19/09 9 money.cnn.com/data/markets/dow/? 6/19/09 9 money.cnn.com/data/markets/nasdaq/? 6/19/09 9 money.cnn.com/data/markets/sandp/? 6/19/09 >9 money.cnn.com/quote/historical/historical.html?pg=hi&close_date=6%2F19%2F08&mode=add&symb=DJIA 6/19/09 9 money.cnn.com/quote/historical/historical.html?pg=hi&close_date=6%2F18%2F04&mode=add&symb=DJIA 6/19/09 9 money.cnn.com/quote/historical/historical.html?pg=hi&close_date=6%2F19%2F08&mode=add&symb=COMP 6/19/09 9 money.cnn.com/quote/historical/historical.html?pg=hi&close_date=6%2F18%2F04&mode=add&symb=COMP 6/19/09 9 money.cnn.com/quote/historical/historical.html?pg=hi&close_date=6%2F19%2F08&mode=add&symb=SPX 6/19/09 9 money.cnn.com/quote/historical/historical.html?pg=hi&close_date=6%2F18%2F04&mode=add&symb=SPX 6/19/09

These views are those of Peter Montoya Inc., and not the presenting Representative or the Representative’s Broker/Dealer, and should not be construed as investment advice. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is not possible to invest directly in an index. NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the "NYSE") and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The New York Mercantile Exchange, Inc. (NYMEX) is the world's largest physical commodity futures exchange and the preeminent trading forum for energy and precious metals, with trading conducted through two divisions – the NYMEX Division, home to the energy, platinum, and palladium markets, and the COMEX Division, on which all other metals trade. All information is believed to be from reliable sources; however we make no representation as to its completeness or accuracy. All economic and performance data is historical and not indicative of future results. The market indices discussed are unmanaged. Investors cannot invest in unmanaged indices. The publisher is not engaged in rendering legal, accounting or other professional services. If other expert assistance is needed, the reader is advised to engage the services of a competent professional. Please consult your Financial Advisor for further information. Additional risks are associated with international investing, such as currency fluctuations, political and economic instability and differences in accounting standards.

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