As the Fed has raised rates aggressively, the overall economic growth has been slowing. It is quite possible that as the overall economy weakens, one important part of the economy could be quite resilient, as JP Morgan, one of the Portfolio Strategists we utilize for client accounts, outlined today in their Weekly Market Recap…

This has been an unusual year in that stocks, bonds, and real estate are all negative for the year. Portfolio diversification among these asset classes has not helped a portfolio lower losses this year in any significant way. This month’s issue of “On The Mark” outlines one investment that has provided positive diversification for investors this year.

In our last post we noted that the inflation numbers for October reported last week were lower than the previous month. JP Morgan, one of the Portfolio Strategists we utilize for client accounts, said the following about what is behind this inflation data in their Weekly Market Recap this week…

Last week the US Commerce Department stated that 261,000 jobs were created, but unemployment edged up. JP Morgan, one of the Portfolio Strategists we utilize for client accounts, wrote the following in today’s weekly market recap regarding unemployment and wage growth and the potential impact on the future increase of interest rates by the Fed…

This has been a difficult year for investors in that both stocks and bonds are down significantly. Typically when stocks are down bonds go up in value and help a portfolio not reduce as much. Not so this year. The following issue of “On the Mark” discusses how rarely this happens and what this may mean for portfolio returns going forward.

Today I would like to share with you the third quarter commentary from Beaumont Capital Management, one of the Portfolio Strategists we utilize for client accounts. Beaumont seeks to limit downside, but has struggled this year in doing so as all major asset classes are down. In their commentary they discuss the reason for this as well as expectations going forward in the market.