Investment Review & Commentary 2019 Q3

The following presents a brief description of our Investment Review & Commentary 2019 Q3 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 2019 Q3 ~ Highlights

Benchmark Performance on Page 1 provides index data for the past time periods QTR, YTD, 1-YR, 5-YRS, and 10-YRS annualized.  Sources: Black Rock, Morning Star and Wall Street Journal.

Market Recap on Page 2 covers several topics including Market Trends that were upbeat at the start of the quarter, then dipped with ongoing China trade bickering, only to recover when optimism returned. Long-term bonds rallied sharply, and assets — gold, bonds — handily beat stocks in the quarter.  Find investment review and commentary on these and other topics including Sector performance in the Market Recap.

Market Outlook on Pages 3 and 4 provides a comprehensive review of a U.S. economy that continued to expand yet some aspects like Manufacturing deserved monitoring. Internationally the IMF lowered its forecast, stock market valuations were high, but no bubble and the feds funds rate was cut twice.  Inflation, that remains tepid, and other factors are covered in Market Outlook.

Investment Strategy & Portfolio Update  Page 5, provides strategy and updates on PSFI Asset Class Model and the outlook for stocks and fixed-income investments.

PSFI News on Page 6 covers how tax reform has impacted IRA Qualified Charitable Distributions (QCD’s), tips for secure mobile banking and more.

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.