by Robert Holman | The Defensive Advisor | www.defensiveadvisor.com
INSIDE: Current market rating, interest rates, the economy, stocks, and a free offer.
NOT MUCH NEW THIS WEEK
MARKET RATING … No change from 7.5 (where 0 - 4 is bearish, 5 is neutral, 6 - 10 is bullish). The market continues sideways with an upward bias (todays path - creeping along – is different from 6 months ago when we had a more rapid rate of increase).
INTEREST RATES … After showing strong signs of rate increases just ahead, the economy has cooled off, and rates are holding steady. Most market followers see rate increases before the end of the year. It’s possible Fed Chairman Powell will announce some change in Fed policy this Thursday or Friday at the Jackson Hole video meetings.
THE ECONOMY … The Covid-delta variant is having an economic effect. Retail sales ex. autos were -0.4% for July. August could be worse.
STOCKS … Picking stocks that will perform strongly in this environment remains challenging, yet good opportunities still exist. Finding and selecting them is challenging and timing purchases is important.
TO MY EXISTING CLIENTS, THANK YOU FOR YOUR TRUST. We’ve had great success since we started this RIA in mid-2018, up more than 80% in our moderate risk portfolios for the 3-year period, after all expenses are deducted.
FREE OFFER for PROSPECTIVE CLIENTS – I control risk by adjusting our portfolio holdings - either selling down underperforming sectors or entirely deleting sectors - concurrent with increases in market risk, in order to preserve our capital. We invest in sectors opportunistically when market risk is lower.
I would be pleased to give you a complimentary portfolio evaluation and risk assessment -- pointing out any flaws we find in your portfolio and giving you our ideas for improvement – all at no cost to you. Contact me at email@example.com or by calling 972-702-6032 or by sending your contact information via the website link below.
Published every Tuesday at 12:00 noon. For more information on my investment and planning services, or to sign-up for this weekly e-Newsletters, visit my website: http://www.defensiveadvisor.com/blog OR http://www.defensiveadvisor.com/contact
Opinions voiced in this post are for general information only and are not intended to provide specific advice to or recommendations for any individual, without complete knowledge of that individual’s total financial profile. No strategy assures success or protects against loss. Past performance does not guarantee future results.