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.
Week of November 28, 2016
Submitted by Oram & Kaylor on November 23rd, 2016Market Commentary
For the week of November 28, 2016
The Markets
The post-election rally continued last week, thanks to gains in consumer staples and technology stocks. The three main indexes closed higher for the third week in a row before the stock markets closed early Friday. For the week, the Dow rose 1.51 percent to close at 19,152.14. The S&P gained 1.45 percent to finish at 2,213.35, and the NASDAQ climbed 1.45 percent to end the week at 5,398.92.
|
Returns Through 11/25/16 |
1 Week |
YTD |
1 Year |
3 Year |
5 Year |
|
Dow Jones Industrials (TR) |
1.51 |
12.66 |
10.44 |
8.69 |
14.13 |
|
NASDAQ Composite (PR) |
1.45 |
7.82 |
5.53 |
10.56 |
17.20 |
|
S&P 500 (TR) |
1.45 |
10.45 |
8.30 |
9.37 |
16.29 |
|
Barclays US Agg Bond (TR) |
-0.20 |
2.33 |
2.09 |
2.74 |
2.37 |
|
MSCI EAFE (TR) |
1.29 |
-2.06 |
-3.32 |
-1.95 |
7.33 |
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.
Less Than Half the Average — The average 30-year fixed rate mortgage over the past 45 years is 8.26 percent. The average 30-year fixed rate mortgage as of Nov. 17 was 3.94 percent (source: Freddie Mac, BTN Research).
We Sell, They Buy — U.S. exports of goods and services to China have increased tenfold since 1999, rising from $17 billion in 1999 to $165 billion in 2015 (source: Commerce Department, BTN Research).
What Advice Would You Give? — A survey of 2,000 American adults found their best financial decision ever made was getting a college education, while their worst financial decision ever made was not saving enough for retirement (source: Claris Finance, 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 November 2016. All rights reserved. Securities offered through Securities America, Inc., Member FINRA/SIPC. SAI#1651572.1
