Never miss an update! Subscribe to LifePro Asset Management’s YouTube Channel!

Market & Portfolio Review: 05-19-20

Share on facebook
Share on linkedin
Share on twitter
Share on email

Flattening the Jobless Curve

Bull markets are born amid a sea of despair, hate, and worry and this current market environment is no different. No matter what the cause of a bear and bull market is, it’s important to remember that the principles that drive the investor sentiment cycle are uniform and consistent throughout all market environments. Despite the jaw dropping jobless figures, the rate of change, otherwise known as the second derivative, is improving and that gives investors an active mindset, a chance to make money in an otherwise challenging market environment.

In this week’s edition of the LifePro Asset Management Market & Portfolio Review, our head of Wealth Management, Robert Reaburn, will review recent performance results of our flagship, Tactical Opportunity strategy, and more specifically, address how companies are expected to perform in an uncertain economic environment that could be stronger or weaker than expected. We are also going to review how the current market recovery compares to that of the much maligned recovery of 2009 from a technical, fundamental, and economic point of view.

Additionally, we will be taking a close look at some of the recent jobless claim figures, along with job openings to assess not only the pace of the second derivative improvement, but the pent-up demand for new workers as shutdowns ease across the country. Lastly, we will be assessing the recent period of stock market price consolidation, what’s taking place under the index surface, and assess what the symptoms of the overall market suggest to us about market price action over the next month.

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.

Robert Reaburn

Robert Reaburn

Robert Reaburn is the Executive Vice President and Head of Wealth Management at LifePro Asset Management. He works with financial advisors building diverse financial portfolios that best empower their clients with a lifetime of financial security.

Add Your Heading Text Here