Don’t Fight the Tape
In this week’s edition of the LifePro Asset Management Market & Portfolio Review, our head of Wealth Management, Robert Reaburn, will review our tactical risk indicators and how we are positioning client portfolios in the current asset price environment characterized by rising stock prices while remaining vigilant of potential risks such as investor euphoria.
Specifically, Robert will be reviewing the recent U.S. labor market report to gauge whether U.S. employment remains supportive of our positive long-term outlook for U.S. asset prices or if cautionary flags are emerging. Second, we will review short and long-term investor positioning to gauge the level of investor bullishness while also assessing long-term asset price trends under the hood of the stock market.
We are also going to review the actions of the U.S. Federal Reserve and what that means for asset prices and interest rates by measuring the level of liquidity in the financial system. Additionally, we are going to assess stock market performance during presidential election years and layer on additional factors such as long-term price trends, credit conditions, and monetary policy to gain insight into the potential path of asset prices over the next 6-12 months. Lastly, we will review the credit environment to ensure that the economy is stable and not merely borrowing growth from tomorrow.
The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a registered investment adviser. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.