Calm before the storm.....?
Submitted by Oram & Kaylor on May 15th, 2017Trying to accurately predict the movement of the financial markets is akin to predicting the weather. No one really knows, and we have to wait to see what actually happens.
Market Commentary for the week of May 22, 2017
Submitted by Oram & Kaylor on May 22nd, 2017The Markets
Wall Street saw sharp losses mid-week after reports surfaced that President Trump tried to interfere in the federal investigation of possible coordination between Russia and Trump’s election campaign. Stocks rose Friday but closed down for the week. For the week, the Dow fell 0.32 percent to close at 20,804.84. The S&P lost 0.32 percent to finish at 2,381.73, and the NASDAQ dropped 0.61 percent to end the week at 6,083.70.
|
Returns Through 5/19/17 |
1 Week |
YTD |
1 Year |
3 Year |
5 Year |
|
Dow Jones Industrials (TR) |
-0.32 |
6.35 |
22.41 |
10.76 |
13.79 |
|
NASDAQ Composite (PR) |
-0.61 |
13.01 |
29.10 |
13.82 |
16.97 |
|
S&P 500 (TR) |
-0.32 |
7.24 |
19.24 |
10.42 |
15.40 |
|
Barclays US Agg Bond (TR) |
0.48 |
2.05 |
1.44 |
2.57 |
2.25 |
|
MSCI EAFE (TR) |
0.98 |
13.45 |
19.46 |
1.89 |
9.75 |
Source: Morningstar.com. *Past performance is no guarantee of future results. Indexes are unmanaged and cannot be invested into directly. Three- and five-year returns are annualized. The Dow Jones Industrials, MSCI EAFE, Barclays US Agg Bond and S&P, excluding “1 Week” returns, are based on total return, which is a reflection of return to an investor by reinvesting dividends after the deduction of withholding tax. The NASDAQ is based on price return, which is the capital appreciation of the portfolio, excluding income generated by the assets in the portfolio in the form of interest and dividends. (TR) indicates total return. (PR) indicates price return. MSCI EAFE returns stated in U.S. dollars.
The Young and the Rich — Americans under the age of 35 make up 25 percent of the U.S. population but hold just 5 percent of U.S. wealth. Americans between the ages of 55-64 make up 16 percent of the U.S. population but hold 31 percent of U.S. wealth (source: Federal Reserve Bank of St. Louis, BTN Research).
A Goal of Mine — Of American adults who are not homeowners, 69 percent anticipate they will become a homeowner within the next 10 years (source: Gallup Poll, BTN Research).
Not Enough Shoppers — Fourteen publicly traded U.S. retailers have filed for Chapter 11 bankruptcy protection in 2017. Eighteen retailers filed for bankruptcy protection in 2009 (source: AlixPartners, BTN Research).
*The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. 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 Morgan Stanley Capital International Europe, Australia and Far East Index (MSCI EAFE Index) is a widely recognized benchmark of non-U.S. stock markets. It is an unmanaged index composed of a sample of companies representative of the market structure of 20 European and Pacific Basin countries and includes reinvestment of all dividends. Barclays Capital Aggregate Bond Index is an unmanaged index comprised of U.S. investment-grade, fixed-rate bond market securities, including government, government agency, corporate and mortgage-backed securities between one and 10 years. Written by Securities America, Copyright May 2017. All rights reserved. Securities offered through Securities America, Inc., Member FINRA/SIPC. SAI# 1802859.1
