Skip to main content

Posts

Showing posts from August, 2024

September 28th 2024 Women Wealth & Wellness Workshop

  As a father of three daughters, Certified Financial Planner® and health coach I have made it my life’s mission to focus on inspiring and empowering women to live healthier and wealthier lives!  I'm looking for 10 women with strong values who would like to learn more about wealth management and wellness to attend my virtual Zoom workshop on Saturday, September 28 th from 12:00PM (EST) to 1:00PM (EST). Regardless of where you are in your life’s journey, there are key steps you can take to help maximize your wealth and wellness today!  If you would like to be empowered with the knowledge and specific actions steps to build your foundation of wealth and wellness reserve your spot today by emailing me at cyril.white@fourfinancial.com or phone at: (734) 272-4322. Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC) . Insurance products are offered through LPL or its licensed affiliates. T...

Three Important Themes Relating to the Latest Spike in Market Volatility

  I hope you are doing well and had a great weekend! Check out the short video in the link below where our Chief Economist discusses three important themes relating to the latest spike in financial market volatility! Current Financial Market Stress Levels and Implications   Please let me know if you have any questions or if there is anything we can do for you please contact me at cyril.white@fourfinancial.com or (734) 272-4322 today!! IMPORTANT DISCLOSURES This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change. References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are u...

August 6, 2024 Perspectives on Market Volatility

Stocks must have gotten the memo that August tends to be weak historically. July, the eighth positive month in the past nine, was quickly forgotten as the beginning of August greeted us with a selloff. The primary catalyst was August 2’s weaker-than-expected employment report, which ignited concern that the U.S. economy could tip into recession. Several additional factors exacerbated the selling pressure: Overly bullish sentiment and elevated valuations. Investor sentiment had become a bit frothy, particularly in the tech sector, and stocks had simply gotten a bit ahead of themselves, as discussed in LPL’s Midyear Outlook 2024: Still Waiting for the Turn. Seasonality. The historically weak month of August is a logical time for a selloff to reset investor sentiment to more normal levels. Increased scrutiny around the payoffs for artificial intelligence (AI) investments. This scrutiny followed some evidence of slowing consumer demand during second quarter earnings season. Leverage in the...

Thoughts on Global Selloff and the Dollar's Path to Decompressing

Before the jobs report was released on Friday, we wrote a commentary on the U.S. dollar. In light of the events over the weekend and Monday, we start with some comments on the global stock market selloff. The broad stock market benchmarks are down about 3% this morning as several factors have lined up to create conditions for a sharp global selloff. A batch of weak economic data, notably Friday’s jobs report, sparked concerns that the Federal Reserve (Fed) may have taken its higher-for-longer rate policy too far. After such a strong rally since last fall, valuations, sentiment, and investor positioning had become stretched. What markets are experiencing today is an unwinding of that bullish positioning, which is particularly evident in the yen and the so-called carry trade. Japan’s Nikkei suffered its worst one-day decline since 1987. Where do we go from here? We anticipated more volatility, as we discussed in the  LPL Research Midyear Outlook 2024 ,  based on the size of this...