RESPONDING TO FALLING EQUITY PRICES
The recent market pull back has the S&P 500 off 6.91% from top to bottom, yet the broad U.S. stock index remains higher by 2.05% for 2018.
Rising long-term interest rates has increased corporate borrowing costs, and indicate a U.S. recession may be looming. Additionally, corporate profit margins for U.S. large companies have set new highs in 2018, making a 2019 repeat performance more difficult, particularly as the U.S. economy runs into capacity constraints with unemployment at 3.7% - the lowest since 1969.
If equity prices continue to decline, we stand ready to re-balance your overall portfolio. Re-balancing into corrections can mean enhancing long-term portfolio results and better funding your goals. Such an opportunity is infrequent and brief. Stock market corrections occur, on average, about every 8 to 12 months and, on average, last about 54 days.
For client questions, email email@example.com or call (877) 664-BLVD. For prospective clients, click here to schedule: Discovery Meeting.
THE RISK MANAGER delivers intelligent, actionable content related to managing primary financial risks throughout the Life Cycle of Wealth™. The purpose of this work is to bring the reader less financial uncertainty and improved goal attainment.
Advisory Services through Boulevard Wealth Management, Inc. (dba BOULEVARD), a Registered Investment Advisor. Information provided has been prepared from sources believed to be reliable but is not guaranteed and does not represent all available data necessary for making financial decisions and is for informational purposes only. BOULEVARD and its representatives do not offer tax or legal advice through BOULEVARD. Please consult the appropriate advisor.
Not an offer to buy or sell any securities and not a financial planning engagement.
© 2018 Boulevard Wealth Management, Inc.