May 2018

The markets have lifted out of correction territory and seem to be back on the rise. We won’t be out of the woods until we break above the all-time highs of January. A bear market is always a possibility but it seems unlikely with year-over-year earnings up 26% on the S&P500*. Thus, there is still no recession in sight, largely because of the new tax law.


So, unless your investment objectives have changed, we will continue to monitor and rebalance your accounts as needed. If those objectives have changed, please make an appointment so we can be sure your investments are aligned with your current investment needs.


As a reminder, save the date for our monthly Lunch and Learn presentations on the 4th Tuesday of every month. Call for any details.


Now that we are experiencing triple digit temperatures in the desert we hope everyone has some fun vacation plans to visit somewhere cool. Or, there is always the swimming pool!


Also, Alix is due back from maternity leave the third week of June.


Thank you for your business and referrals.


Source as of 5/11/18


The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.


The S&P 500 is comprised of approximately 500 stocks that are major factors in their industries and widely held by individuals and institutional investors.