The following presents a brief description of our Investment Review & Commentary 2018 Q4 developed in-house by our firm. CLICK HERE to read the full report. Please CONTACT US directly to request a copy of our current Investment Outlook & Strategy Updates.
Investment Review & Commentary 2018 Q4 ~ Highlights
Benchmark Performance index data for the past time periods QTR, YTD, 1-YR, 5-YRS, and 10-YRS can be found on page one.
Market Recap on page two provides review and commentary on the factors behind the global market downturn for the quarter, the one sector providing a positive return, and other noteworthy commentaries on the Fed’s continued rate increases and oil prices tanking.
Market Outlook on pages 3-4 includes review and commentary on the Global Economy slowing, US Expansion cooling off, the Trade Tug O’war continuing, the direction of corporate earning slowing and an outlook on the US Dollar as well as an Inflation update, plus some thoughts from Janet Yellen.
Investment Strategy & Portfolio Update In this section pages 4-5, you’ll get an update on the PSFI Asset Class Model, Stock Valuation, Cresmont’s view of P/E ratio and recent Portfolio Changes, including Small-cap, Trade, and Tariff-related Positioning, and Strategic Year-end Tax-loss Selling as well as Fixed Income Strategy.
In PSFI News on page six are Highlights of Selected Tax Items for 2019, Charitable Giving and IRA RMD, Schwab Annual Notification of Electronic Money Movement Authorizations on File and Changes to Personal Financial Situation.
To read the comprehensive investment report CLICK HERE.
Disclosure: The Quarterly Investment Review of Parr Financial Solutions, Inc. (PFSI) expresses the views of the firm as of the date indicated. Our views are subject to change without notice. Past performance is not an indication of future results. This commentary is being made available for educational purposes only. The information should not be construed as an offering of advisory services or an offer to buy any securities. Certain information concerning economic trends and performance is based on information provided by independent third-party sources. Parr Financial Solutions, Inc. believes these sources to be reliable, but cannot guarantee the accuracy of this information, or the assumptions on which the information is based. This publication may not be copied, reproduced, republished, or posted in whole or in part without prior written consent.