{"id":472,"date":"2020-12-07T00:00:00","date_gmt":"2020-12-07T00:00:00","guid":{"rendered":"https:\/\/www.retirementrefined.com\/index.php\/2020\/12\/07\/stock-market-economy-market-for-the-week-a-year-from-now\/"},"modified":"2020-12-07T00:00:00","modified_gmt":"2020-12-07T00:00:00","slug":"stock-market-economy-market-for-the-week-a-year-from-now","status":"publish","type":"post","link":"https:\/\/www.retirementrefined.com\/stock-market-economy-market-for-the-week-a-year-from-now","title":{"rendered":"Stock Market & Economy\/Market for the Week\/A Year from Now"},"content":{"rendered":"

The stock market and the economy don\u2019t always move parallel.\u00a0 Going back to Stock Market\/Economy-101, you\u2019ll find it\u2019s suggested, the stock market precedes the economy by 6 months.\u00a0 The current level of the market suggests robust corporate profits and economic growth 6 months, June 2021. \"\"<\/p>\n

We\u2019ve been told we\u2019re approaching the absolute worst of the Coronavirus.\u00a0 Watching the news, it certainly appears we are quickly moving in that direction.\u00a0 We\u2019re seeing some lockdowns reinstated around the country and we should expect more, fairly quickly.\u00a0 At the same time, we are going to begin distributing the vaccine to millions of people around the world. \"\"<\/p>\n

Will the stock market hold up over the next few months? Current market levels suggest yes, anticipating the vaccine distribution process will be smooth and timely.\u00a0\u00a0 We know job creation has recently slowed after a surge and we can now expect more layoffs due to increased lockdowns.\u00a0 We\u2019ll see continued spikes in daily infections and deaths.\u00a0 In addition, we have the Senate run-off on January 5th<\/sup> which certainly has implications, and an overall change of the guard, right smack in middle.\u00a0 In addition, Republicans and Democrats still can\u2019t agree on additional fiscal stimulus.\u00a0 What are you waiting for?!\u00a0 More small businesses to go under, more people to become unemployed, etc.?<\/p>\n

Markets for the Week<\/strong><\/p>\n

Last week the major indexes hit new record highs as the Dow moved higher by 1.16%, the S&P 500 1.72%, the Nasdaq 2.14% and the Russell 2000 2.04%. Growth stocks are beating value stocks, year to date by about 10 to 1. In December however, value is beating growth by 2 to 1 reflecting confidence our economy is truly going to reopen.<\/p>\n

Bond prices moved lower as the 10-Year US Treasury yield increased to .97%.\u00a0 On 9\/30\/20 the 10-year yield was .68%.\u00a0 Increasing Treasury yields may have some bond investors experiencing whiplash if yields move from .97 to 1.25%, then to 2%.<\/p>\n

Is your bond allocation properly positioned based on your needs and circumstances? We would be happy to discuss with you! Please feel free to schedule a consultation<\/a>, which can be done via Zoom or a phone-call. We have temporarily suspended all in-person consultations and appointments until further notice.<\/p>\n

A Year from Now<\/strong>\u00a0<\/strong><\/p>\n

I\u2019m someone who always contemplates the future.\u00a0 What do I want, and what needs to happen to make that come to fruition? \"\"<\/p>\n

12 months from now, a lot will have happened.\u00a0 Some expected, and some not!\u00a0 I\u2019m hoping for a complete eradication of Covid-19, and an economy that has healed and is growing responsibly. An economy that is growing responsibly provides opportunity for all who are truly willing to work hard.\u00a0 I love watching and seeing people succeed from good, honest, hard-work and ingenuity.<\/p>\n

That is what made this country great and hopefully will continue to keep us great!<\/p>\n","protected":false},"excerpt":{"rendered":"

The stock market and the economy don\u2019t always move parallel.\u00a0 Going back to Stock Market\/Economy-101, you\u2019ll find it\u2019s suggested, the stock market precedes the economy by 6 months.\u00a0 The current level of the market suggests robust corporate profits and economic growth 6 months, June 2021. We\u2019ve been told we\u2019re approaching the absolute worst of the […]<\/p>\n","protected":false},"author":3,"featured_media":475,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","compliance_id":"","post_disclaimer":"","footnotes":""},"categories":[29,9,30,27,13,31],"tags":[],"_links":{"self":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/posts\/472"}],"collection":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/comments?post=472"}],"version-history":[{"count":0,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/posts\/472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/media\/475"}],"wp:attachment":[{"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/media?parent=472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/categories?post=472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.retirementrefined.com\/wp-json\/wp\/v2\/tags?post=472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}