Investment Review & Commentary 2019 Q4

The following presents a brief description of our Investment Review 2019 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 2019 Q4 ~ 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 include Barclays, Morning Star, US Treasury, Dow Jones, and S&P 500.

Market Recap on Page 2 covers several topics including a U.S. economy that finished the year with its strongest performance since 2013, up over 31%; resilient consumer spending that kept the economy chugging, bonds and gold that ended the year up and the top-performing sectors for the year, all growth sectors, that were communications, technology, and financial. Find investment review and commentary on these and other topics in the Market Recap.

Market Outlook on Pages 3 and 4 paints a healthy U.S. economy with expansion expected to continue in 2020, resilient consumers on better financial footing than they have been in years, a U.S. China trade war that has Europe bottoming out, modest outlook for returns on stocks, and a Fed that doesn’t expect to raise interest rates in 2020.

Investment Strategy & Portfolio Update on Page 5, provides strategy and updates on PSFI Asset Class Model, Portfolio Positioning, and Fixed Income Strategy.

PSFI News on Page 6 includes 2020 Highlights of Selected Tax Items, key changes in the retirement system enacted by Congress in a major overhaul 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.