A few different times over the last year we commented that no one can confidently predict investments markets, so rather than try and predict what will unfold for the remainder of 2021, we believe it is more important to focus on what is in front of us and the financial goals that you are trying to achieve. After everything we have experienced over the last year, we think its a good time to review, rethink and realign. Review - Financially where are you today, and what changes have happened over the last year to your finances. Rethink - What are your Financial goals & plans for the coming year Realign - What steps are needed to meet your Financial & Retirement plans and goals. Questions, concerns or comments, contact us at www.lomwealth.com
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Read MoreYouTube clip - 4 Stages of a Bear Markets
Read MoreLast week, market volatility reached levels that make many investors uncomfortable.
Read MoreThink back to 2018. During the last quarter of the year, major stock indices in the Unites States suffered double-digit losses, much of it during December. What happened next? By the end of 2019, those indices had reached new highs.
Read MoreRisk on or risk off?
The coronavirus appears to have inspired two distinct schools of thought among investors.
Read MoreMany stock markets around the world moved higher last week.
Investors’ optimism in the face of economic headwinds has confounded some in the financial services industry. Laurence Fletcher and Jennifer Ablan of Financial Times cited several money managers who believe investors have become complacent. One theory is investors’ buy-the-dip mentality has become so firmly ingrained that any price drop is seen as a buying opportunity, regardless of share price valuation.
Read MorePrepare yourself. There is a good chance markets will be volatile in the coming weeks.
Read MoreMarkets hunkered down last week.
News of the coronavirus outbreak in Wuhan, China unsettled investors around the world. The respiratory infection is related to severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS), reported WebMD.
Read MoreThe new trade deals are here!
The United States and China signed a preliminary trade deal last week. The next day, the United States-Mexico-Canada Agreement was approved by the Senate.
Read MoreIt was a nerve-wracking week.
Iran fired 22 ballistic missiles at the Ain Al Asad air base near western Iraq and a second base in northern Iraq following last week’s U.S. drone strike that killed a top Iranian military commander. Newsweek reported the bases suffered minimal damage and there were no casualties from the attack. However, Iran mistakenly downed a commercial airliner, killing all on board, reported CBS News.
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2019 was a remarkable year for investors with many asset classes delivering positive performance. Both the Standard & Poor’s 500 Index, a gauge of U.S. stock market performance, and the Dow Jones Global (ex U.S.) Index delivered double-digit increases (see the below table). Bonds and gold rallied, too, delivering positive returns for the year.
Read MoreMajor stock indices in the United States and overseas are poised to deliver double-digit gains for the year. Even with uncertainty about Britain’s exit from the European Union (EU), the FTSE 100 boasted a gain of more than 10 percent at the end of last week. That’s not bad for a year which included (in the United States) an inverted yield curve, an earnings recession, and a contentious trade war.
Read MoreLast week was a good week for investors. Ben Levisohn of Barron’s explained:
“The Federal Reserve and European Central Bank both pledged to do what they could to underpin their respective economies. The United Kingdom gave Boris Johnson’s Conservative Party a landslide victory, virtually guaranteeing that the Brexit saga will end, finally.”
Read MoreOn Friday, the unemployment report flashed its numbers like a hair model in a shampoo commercial. The Bureau of Labor Statistics reported 266,000 new jobs were created in November. That was better than expected even after deducting the 40,000-plus General Motors employees returning to work, reported CNBC.
Read MoreIt’s a shopping revolution!
Sometime, probably not so long ago, comedian Dave Barry wrote, “Once again, we come to the Holiday Season, a deeply religious time that each of us observes, in his own way, by going to the mall of his choice.”
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