Weekly Investment Update June 9, 2021

Equity markets rose slightly last week during the shortened Memorial Day holiday week (the S&P 500 was up 0.6% while the MSCI ACWI index was up 0.7%), with the majority of the gains occurring on Friday. The big news on Friday was provided by the Labor Department which reported that nonfarm payrolls rose by 559,000 jobs in May, well short of the 675,000 jobs expected.

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Monthly Investment Update: June 2021

We monitor the backdrop for investing in risk assets across three primary pillars: economic conditions, asset prices, and technical considerations such as investor sentiment. On balance, we still believe that conditions are favorable for accepting investment risk, but above average asset class valuations and the potential for above-trend inflation should give pause.

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Bitcoin, Blockchain, and Values-Based Investing

Since its inception, Sovereign Financial has encouraged clients to align their investments with their values because investment is an act of ownership. We believe it is wise to own companies that fill a need in society, produce a sustainable profit, generate a positive return, and bless humanity and the world through their products and processes.

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Weekly Investment Update May 24, 2021

While equity markets were down slightly last week (the S&P 500 index lost -0.4%), it has still been a relatively strong start to the year for stocks, in general. The S&P 500, which is a proxy for large-cap US stocks, and the MSCI All Country World Index, a proxy for global large and mid-cap stocks, have gained 10.6% and 8.6%, respectively, so far in 2021.

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Monthly Investment Update: May 2021

US stock market indices, such as the S&P 500, touched new all-time highs in April as economic, household, and business data all continued to imply that the recovery from the COVID-19 economic recession remains on track and stable. As of this writing, nearly 45% of US adults have received at least one vaccine dose, and the rollout of the vaccine campaign in the US has led to a stark divergence in the performance of various equity sectors and industries since late 2020.

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Weekly Investment Update April 27, 2021

Since 1987, the American Association of Individual Investors (AAII) has published survey results of investors that simply asks the question, “What direction do AAII members feel the stock market will be in the next six months?” While the results are often mixed, the survey could be utilized by portfolio managers to identify periods of excessive optimism or pessimism regarding the stock market.

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