Our quarterly market research summary is short, concise, and actionable. There’s a graph or chart along with the relevant questions: “What does it mean?” and “What should I do?” The goal of this effort is to provide you with an educational executive summary. We would love to hear your thoughts on it!

1. Be careful what you wish for, you might just get it!

What does it mean? The last two cycles (2001, 2007) in which the Federal Reserve cut rates resulted in recessions (shown in red). The Fed is expected to cut interest rates by 0.25% on July 31.

What should I do? It could be different this time, but at the very least, confirm you are comfortable with your portfolio’s ratio of aggressive to conservative assets.

2. Earnings are expected to grow more slowly.

What does it mean? Estimates for growth in S&P 500 company earnings are very low for Q2 and Q3 2019.

What should I do? Adjust your expectations for the performance of the stock market for the rest of the year.

3. Global Stocks Performance Since 2018.

What does it mean? Stock investors have had to endure lots of risk for very little reward the last 18 months.

What should I do? Be patient. Be diversified. Investing done correctly is expected to grow your wealth slowly over time.

Have questions? Let’s discuss.

Reach out to us at: BBancroft@ImpactCapLLC.com or (301) 417-3300

We encourage you to follow Impact Capital on social media (LinkedIn, Twitter, Facebook):
https://twitter.com/impactcapllc
https://www.linkedin.com/company/impact-capital-llc/
https://www.facebook.com/ImpactCapLLC