Viewing the market outlook for the next 3 to 6 months with Wealth E&P
June 28, 2021
Welcome to Wealth Enhancement & Preservation’s Market Minute, where we get to update you on everything that happened in the financial markets this past week.
It was another fabulous week last week, with indices across the board up about 2.5% to 3.5%.
As you can see in this chart here, our All-Weather score, which is still very aggressive, benefited even more; it is up about 5% for the week. So, hopefully, we'll have another strong week this week to report.
I'm getting a lot of questions right now about what the market is going to do in the next three to six months, since it's done so well. Can the market keep it up?
Here is one of our favorite sources:
City National Rochdale puts out a chart using 20 different indicators across the board, and it looks at the next three to six months precisely.
It’s not looking at this week or a year or two out, but it’s looking at three to six months. You can see a lot of green on the screen, with only three yellows on Geopolitical Risk, Current Political Environment, and then Equity Market Valuation; this is just because the market is done so well, but it's still in the yellow.
With lots and lots of greens, we see a lot of market tailwinds heading everything upward for the next three to six months. Again, we're very excited and hope to report more good news.
If you have any questions for us, if you want a risk profile, or if you would like a retirement projection, please feel free to reach out or visit www.wealthep.com. Otherwise, stay tuned for our next Market Minute next week!
At Wealth Enhancement & Preservation, we are here to serve as your financial advisor and source of support in the Alpharetta, GA, Cartersville, GA, and Charleston, SC areas. Our advisors are dedicated to simplifying the complexities of the financial world and as your advocate, we strive to learn about your most valued goals and dreams. From individual investors to entrepreneurs, our services are designed for your success.