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Market & Portfolio Review: 09-25-20

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Vaccinating Against Fear

As we approach the U.S. election and cope with the ongoing impact of COVID-19, it’s easy to get caught up in the firestorm of fear that is being spread by the 24/7 news media. That’s why its more important than ever to take a step back and lean on an investment process that is non-emotional and driven by data, NOT FEAR. The good news is that despite heightened uncertainty, the economic v-shaped recovery remains on track, interest rates and inflation are low, and corporate earnings continue to recover.

As of September 25th, the LPAM Tactical Opportunity has advanced +67.69% after fees, vs. a rise of +2.09% for the S&P 500. Since inception (Jan 1, 2017), the LPAM Tactical Opportunity has advanced +173.26% after fees vs. an advance of +47.33% for the S&P 500 over the same time period.

In this week’s market update, we are going to review how LifePro Asset Management is navigating the current pullback in stock prices and, more importantly, how our investment strategies have performed throughout the month of September. We are also going to review investor sentiment and positioning data, and how we can use this data to effectively navigate and position client portfolios during times of heightened uncertainty. Lastly, we are going to review recent economic reports to gauge the health of the recovery, along with a quick health check of the credit markets.

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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.

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