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KINGSBARN OPENS NEW OFFICE IN DEL MAR;
APPOINTS PRESCOTT VICE PRESIDENT

Del Mar, CA (July 25, 2016)Kingsbarn Funds ("Kingsbarn") announced the hire of Steven de Barón Prescott as Vice President of Business Development. Prescott joins the Kingsbarn team experienced in broad facets of commercial real estate and financial services. Most recently, Prescott served as a financial wealth advisor for five years with Wells Fargo Advisors where he guided private wealth clients with over $100 million in assets.
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Week Ahead: Stocks Down as Bank Shares Fall

Shares of banks slid Monday, dragging on major indexes worldwide. The Dow Jones Industrial Average fell 125 points, or 0.7%, to 18136. The S&P 500 fell 0.6%, and the Nasdaq Composite dropped 0.7%. Investors sold bank shares in the U.S., Europe and Japan in the wake of recent central bank meetings that suggested easy money policies were likely to continue, with low interest rates typically hitting profits at financial firms. Financial shares were among the biggest decliners in the S&P 500, falling 0.8% and the KBW Nasdaq Bank Index of large U.S. commercial lenders lost 1.1%. Declines in bank stocks helped push the Stoxx Europe 600 down 1.5%, following losses in Asia.

 
DATA DECK FOR SEPT 27 - 30
Sep 26 10:00 AM New Home Sales Aug 600K 585K 659K
Sep 27 9:00 AM Case-Shiller 20-city Index Jul 5.2% 5.1% 5.1%
Sep 27 10:00 AM Consumer Confidence Sep NA 98.0 101.1
Sep 28 7:00 AM MBA Mortgage Index 09/24 NA NA -7.3%
Sep 28 8:30 AM Durable Orders Aug -2.3% -1.9% 4.4%
Sep 28 8:30 AM Durable Orders, Ex-Transportation Aug -0.6% -0.4% 1.5%
Sep 28 10:30 AM Crude Inventories 09/24 NA NA -6.200M
Sep 29 8:30 AM GDP - Third Estimate Q2 1.3% 1.3% 1.1%
Sep 29 8:30 AM GDP Deflator - Third Estimate Q2 2.3% 2.3% 2.3%
Sep 29 8:30 AM Initial Claims 09/24 257K 259K 252K
Sep 29 8:30 AM Continuing Claims 09/17 NA NA 2113K
Sep 29 8:30 AM International Trade in Goods Aug NA NA -$59.3B
Sep 29 10:00 AM Pending Home Sales Aug 0.7% 1.0% 1.3%
Sep 29 10:30 AM Natural Gas Inventories 09/24 NA NA 52 bcf
Sep 30 8:30 AM Personal Income Aug 0.2% 0.2% 0.4%
Sep 30 8:30 AM Personal Spending Aug 0.3% 0.2% 0.3%
Sep 30 8:30 AM Core PCE Prices Aug 0.2% 0.2% 0.1%
Sep 30 9:45 AM Chicago PMI Sep 51.0 52.0 51.5
Sep 30 10:00 AM Michigan Sentiment - Final Sep 90.1 90.0 89.8
   

This website does not constitute an offer or solicitation to buy or sell any security. Offerings may be made only by use of a confidential private offering memorandum, only in jurisdictions where permitted by law and only to investors who qualify as "accredited investors" within the meaning of Rule 501(a) of the Securities Act of 1933, as amended, and as "qualified purchasers" within the meaning of Section 2(a)(51) of the Investment Company Act of 1940, as amended.Financial shares were among the biggest decliners in the S&P 500, falling 0.8% and the KBW Nasdaq Bank Index of large U.S. commercial lenders lost 1.1%. Declines in bank stocks helped push the Stoxx Europe 600 down 1.5%, following losses in Asia.

 
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