Video

Investment Committee’s Morning Research Call – August 24, 2015

Posted on August 24, 2015

We invite you to listen to our Investment Committee’s morning research call.  In the midst of market volatility, communicating with you and adhering to our disciplined process is vital.  Hear first-hand what our Investment Committee has to say about the market corrections and what it means for investors.

Presenters include:  Ron Carson, CFP, ChFC, Chief Investment Strategist; Mark Lookabill, CFP, Co-Chief Investment Strategist; Brett Carson, CFA, Director of Research; Rob Furlong, CFA, Co-Portfolio Manager; Don Hagan, Investment Committee Consultant

KEY HIGHLIGHTS

  • Rate hike likely pushed out beyond September
  • 4 years since correction of this magnitude: similarities to 2011 but with positive key differences in U.S. housing, job market, banking, government
  • High quality companies (cash on balance sheets; momentum; lower debt to equity) historically fared best in this type of market correction
  • Movements in the market provide opportunity to review risk tolerance and goals and focus on process.
  • Massive slowdown in China is leading the charge; “Whatever It Takes” approach by Chinese
  • Energy Sector: low oil prices will lead to higher prices in the long term

If you have any questions after listening, please contact your Wealth Advisor.

Who do you know that would like to listen to your Investment Committee’s Outlook?  Please feel welcome to forward and share.

 


No strategy assures success or protects against loss. This information is presented as an introduction to the portfolio strategy and for educational purposes. As such, it is not intended as a solicitation or offer to become a client of the firm or any specific product. Prospective investors should contact his/her advisor for more detailed portfolio information and the product’s suitability in meeting your financial investment objectives.

Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Past performance is not indicative of future returns. This content cannot be copied without express written consent of CWM, LLC.

Securities offered through LPL Financial, Member FINRA/SIPC. Investment advisory services offered through CWM, LLC, a Registered Investment Advisor. LPL Financial is under separate ownership from any other named entity. Carson Institutional Alliance is a network of advisors.

Definitions:

Definition of “Dry Powder”: A slang term referring to marketable securities that are highly liquid and considered cash-like. Dry powder may also refer to cash reserves kept on hand to cover future obligations or purchase assets, if conditions are favorable.

The Hang Seng Index (HSI) – A market capitalization-weighted index of 40 of the largest companies that trade on the Hong Kong Exchange.

Shanghai Stock Exchange Composite – A market composite made up of all the A-Shares and B-Shares that trade on the Shanghai Stock Exchange.

Nikkei – It is a price weighted index comprised of Japan’s top 225 blue-ship companies on the Tokyo Stock Exchange.

The Standard & Poor’s 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.

* The Dow Jones Industrial Average is an unmanaged group of securities demonstrating how 30 large publicly owned companies have traded and cannot be invested into directly.

* The Nasdaq Composite Index is a market-capitalization weighted index of the more than 3,000 common equities listed on the Nasdaq stock exchange. The types of securities in the index include American depositary receipts, common stocks, real estate investment trusts (REITs) and tracking stocks.