Wealth Management Firm Near Me - Facebook Icon IMG  Wealth Planning Near Me - Twitter Icon IMG   Find A Financial Advisor Near Me - Linkedin Icon IMG 

678.971.1337

Access Your Account Online

☰ Menu
Planning & Economy

1/2 Empty or 1/2 Full?

June 22nd, 2020

Certified financial planners near me - Windsor Wealth Glass IMG

How do you look at our world, your world?

Did you happen to notice what occurred right in the middle of the most recent noise and turmoil? For example, the uncertainty caused by The Federal Reserve’s Jerome Powell comments, “the economy faces potentially significant long-term damage from higher unemployment and a wave of small business failures.” And, the fear caused by the misinformation regarding the COVID 2nd Wave, to the turmoil caused by rioting and destruction on big city streets: Did you happen to notice that Nasdaq Composite reached an all-time high?

A friend of mine many years ago reminded me that once it is in print, or once you’ve watched it on the telly, it’s in the past. Equity markets, investors, that is, look forward. That is why Equity markets are “Leading Indicators,” portenders of the future. To what future are equity markets hinting?

The Institute For Supply Management (ISM) provides accurate and reliable, my opinion, manufacturing (PMI), and non-manufacturing (NMI) monthly economic activity. The decline is over, it appears, based on the most recent reports. For example, “The May PMI® registered 43.1 percent… This figure indicates expansion in the overall economy after April’s contraction, ….”  May’s NMI, although showing much better percentage point gains, failed to register the threshold for economic expansion, but it is less than 3% points from doing so, up 3.6% in just one month.

Here are some selected comments from the folks in the trenches:

½ Full, I’d say – We, Americans, adapt, innovate, and serve.

Carlos Dominguez – CERTIFIED FINANCIAL PLANNER™, Portfolio Manager, RJFS

Personal Financial Planners Near Me - My-Risk-O-Meter Icon IMGWhen you get a minute try out our risk discovery tool – tell your friends

https://windsorwealth.management/my-risk-o-meter/

 

Sources:

Photo by Gary Butterfiled (my cropping)

https://www.rd.com/culture/predictions-that-were-wrong/

https://www.fastcompany.com/1706712/timeline-failed-predictions-part-1

 

Sources are being provided for information purposes only. Raymond James is not affiliated with and does not, authorize, or sponsor any of the listed sources. Raymond James is not responsible for the content of any source or the collection or use of information regarding any source’s users and/or members. Past performance may not be indicative of future results.  The S&P 500 is an unmanaged index of 500 widely held stocks that is considered representative of the U.S. stock Market. Inclusion of these indexes is for illustrative purposes only. The NASDAQ composite is an unmanaged index of securities traded on the NASDAQ system. Leading Economic Indicators are selected economic statistics that have proven valuable as a group in estimating the direction and magnitude of economic change. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. Any opinions are those of Carlos Dominguez and not necessarily those of Raymond James. This material is being provided for information purposes only and is not a complete description, nor recommendation. The information has been obtained from sources considered reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Investing involves risk and you may incur a profit or loss regardless of strategy selected. There is no assurance that any investment strategy will be successful. Investing involves risk and investors may incur a profit or a loss.

Securities offered through Raymond James Financial Services, In., Member FINRA/SIPC.  Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Windsor Wealth is not a registered broker/dealer, and is independent of Raymond James Financial Services. Raymond James financial advisors may only conduct business with residents of the states and/or jurisdications for which they are propertly registered.  Therefore, a response to a request for information may be delayed.  Please note that not all of the investments and services mentioned are available in every state.  Investors outside of the United States are subject to securities and tax regulations within their application jurisdications that are not addressed on this site.  Contact your local Raymond James office for information and availability. Links are being provided for information purposes only.  Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors.  Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.