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Weekly Investment Update

<!– {"name":"Weekly Investment Blog","type":"layout","children":[{"name":"Top Image (Featured Image)","type":"section","props":{"style":"default","width":"default","vertical_align":"middle","title_position":"top-left","title_rotation":"left","title_breakpoint":"xl","image_position":"center-center","height":"full","padding_remove_top":false,"padding_remove_bottom":false,"image_size":"cover","padding":"xlarge","image_effect":"parallax","image_parallax_bgy_end":"100","image_parallax_bgy_start":"-100","animation":"fade","animation_delay":true,"image_parallax_breakpoint":"m","image_width":"1560"},"children":[{"name":"","type":"row","props":{"layout":"1-3,2-3","divider":true,"vertical_align":true},"children":[{"name":"","type":"column","props":{"image_position":"center-center","vertical_align":"middle","media_overlay_gradient":"","width_small":"1-3"},"children":[]},{"name":"","type":"column","props":{"image_position":"center-center","text_color":"light","vertical_align":"middle","media_overlay_gradient":"","width_small":"2-3"},"children":[]}]}],"source":{"query":{"name":"posts.singlePost"},"props":{"image":{"name":"featuredImage.url","filters":{"search":""}}}}},{"name":"Blog Content","type":"section","props":{"style":"default","width":"default","vertical_align":"middle","title_position":"top-left","title_rotation":"left","title_breakpoint":"xl","image_position":"center-center","padding":"large","padding_remove_bottom":false,"animation_delay":false},"children":[{"name":"","type":"row","props":{"layout":"1-3,2-3","vertical_align":false},"children":[{"name":"","type":"column","props":{"image_position":"center-center","media_overlay_gradient":"","width_small":"1-3"},"children":[{"type":"image","props":{"margin":"default","image_svg_color":"emphasis","image":"wp-content\/uploads\/2020\/06\/Trans_Blue-Crown.png"}},{"name":"","type":"headline","props":{"title_element":"h2","title_decoration":"bullet","title_style":"h3"},"source":{"query":{"name":"posts.singlePost"},"props":{"content":{"filters":{"search":"","date":""},"name":"date"}}}},{"type":"list","props":{"show_image":false,"show_link":true,"image_svg_color":"emphasis","image_align":"left","image_vertical_align":true,"list_size":"","list_element":"ul","column_breakpoint":"m"},"children":[{"type":"list_item","props":{"content":"

Categories”}},{“type”:”list_item”,”source”:{“query”:{“name”:”categories.customCategories”,”arguments”:{“id”:0,”offset”:0,”limit”:10,”order”:”term_order”,”order_direction”:”ASC”}},”props”:{“content”:{“name”:”name”,”filters”:{“search”:””}},”link”:{“name”:”link”,”filters”:{“search”:””}}}}}],”name”:”Blog Category List”}]},{“name”:””,”type”:”column”,”props”:{“image_position”:”center-center”,”media_overlay_gradient”:””,”width_small”:”2-3″},”children”:[{“type”:”headline”,”props”:{“title_element”:”h1″,”content”:”Weekly Investment Update”},”source”:{“query”:{“name”:””},”props”:{“_condition”:{“filters”:{“condition”:”!!”},”name”:”title”}}}},{“name”:””,”type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”

US stocks rose last week after declining in January. With the week\u2019s gain of nearly 4.7 percent, the S&P 500 index is now positive for the year by 3.6 percent^{[1]. Better-than-expected fourth quarter corporate earnings, the prospect of additional fiscal stimulus, and the rollout of COVID-19 vaccines are likely influencing investor optimism. These trends are also likely driving interest rates higher, which has challenged fixed income returns so far in 2021. The interest rate on 10-year US Treasury notes has been generally rising since August 2020, and returns on the broad bond market benchmark, the Bloomberg Barclays US Aggregate Bond index, have been declining as a result. Higher interest rates should be better for savers in the long-run, but the upward move in rates over the last several months has not been productive for existing holders of government debt.”},”source”:{“query”:{“name”:””},”props”:{}}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”}

US Treasury Interest Rates”}},{“type”:”image”,”props”:{“margin”:”default”,”image_svg_color”:”emphasis”,”image”:”wp-content\/uploads\/2021\/02\/US-Treasury-Interest-Rates-2.8.21-Weekly-Investment-Update.png”,”image_alt”:”A line graph depicting the US Treasury Interest Rates from January 2019 to February 2021″}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”

Source: US Treasury”,”text_size”:”small”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”

This week will be relatively quiet with respect to economic data, but investors will be watching continued signs of progress toward additional fiscal stimulus in the form of new relief from the COVID-19 pandemic, including direct payments to Americans. Several large consumer-oriented companies will also report their fourth quarter 2020 results, such as Toyota, General Motors, Coca-Cola, Pepsi, and Disney.\u00a0″}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”

Key Economic Releases This Week”,”css”:”p { \n margin-top: 50px\n}”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”

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Day\n	Report\n	Period\n	Consensus Est.\n	Previous\n\n
Tuesday, Feb. 9\n	JOLTs Job Openings\n	December\n	6.50 million\n	6.53 million\n\n
Wed., Feb. 10\n	Core Consumer Price Index (year-over-year)\n	January\n	1.5%\n	1.6%\n\n
Thursday, Feb. 11\n	Initial Unemployment Claims\n	Week of 1\/31\/21\n	757,000\n	779,000\n\n
Thursday, Feb. 11\n	Continuing Unemployment Claims\n	Week of 1\/24\/21\n	4.49 million\n	4.59 million\n\n
Friday, Feb. 12\n	University of Michigan Consumer Sentiment\n	February (prelim)\n	80.8\n	79.0\n\n\n\n Source: Bloomberg”,”text_size”:”small”,”css”:”table {\n border: 1px solid black;\n border-spacing: 0px\n \n}\nth {border: 1px solid black; background-color: #13284B; padding:5px }\ntd {\n border: 1px solid black; padding:5px}”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:” Asset Class Returns”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:” \n \n \n \n \n \n \n \n \n \n \n Category\n Representative Index\n YTD 2021\n Full Year 2020\n\n Global Equity\n MSCI All-Country World\n 3.8%\n 16.3%\n\n US Large Cap Equity\u00a0\n S&P 500\u00a0\n 3.6%\n 18.4%\n\n US Small Cap Equity\u00a0\n Russell 2000\n 13.1%\n 20.0%\n\n Foreign Developed Equity\n MSCI EAFE\n 1.7%\n 7.8%\n\n Emerging Market Equity\n MSCI Emerging Markets\n 8.2%\n 18.3%\n\n US High Yield Fixed Income\n ICE BofAML High Yield Bond\n 1.1%\n 6.2%\n\n US Fixed Income\n Bloomberg Barclays US Aggregate Bond\n -1.1%\n 7.5%\n\n Cash Equivalents\n ICE BofAML 0-3 Mo Deposit\n 0.0%\n 0.5%\n\n\n\n Source: Morningstar as of February 5, 2021″,”text_size”:”small”,”css”:”table {\n border: 0.5px solid black;\n border-spacing: 0px\n \n}\nth {border: 1px solid black; background-color: #13284B; padding:5px }\ntd {\n border: 1px solid black; padding:5px}”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:” Prices & Interest Rates”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:” \n \n \n \n \n \n \n \n \n \n \n \n Representative Index\n Current\n Year-End 2020\n\n S&P 500\n 3,880\n 3,749\n\n Dow Jones Industrial Avg.\n 31,042\n 30,497\n\n NASDAQ\n 13,598\n 12,886\n\n Crude Oil\u00a0(US WTI)\n $56.85\n $48.52\n\n Gold\n $1,811\n $1,893\n\n US Dollar\n 91.53\n 89.94\n\n 2 Year Treasury\n 0.09%\n 0.13%\n\n 10 Year Treasury\n 1.19%\n 0.93%\n\n 30 Year Treasury\n 1.97%\n 1.65%\n\n\n\n Source: Bloomberg, US Treasury as of February 5, 2021″,”text_size”:”small”,”css”:”table {\n border: 1px solid black;\n border-spacing: 0px\n \n}\nth {border: 1px solid black; background-color: #13284B; padding:5px }\ntd {\n border: 1px solid black; padding:5px}”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:” [1] Source: Morningstar”,”text_size”:”small”,”attributes”:””,”css”:”p { \n margin-top: 50px\n}”}}]}]}]},{“name”:”Disclaimer”,”type”:”section”,”props”:{“style”:”muted”,”width”:”default”,”vertical_align”:”middle”,”title_position”:”top-left”,”title_rotation”:”left”,”title_breakpoint”:”xl”,”image_position”:”center-center”,”animation_delay”:false},”children”:[{“name”:””,”type”:”row”,”props”:{“column_gap”:”large”,”row_gap”:”large”},”children”:[{“name”:””,”type”:”column”,”props”:{“image_position”:”center-center”,”media_overlay_gradient”:””,”width_medium”:”1-1″},”children”:[{“name”:””,”type”:”text”,”props”:{“margin”:””,”column_breakpoint”:”m”,”content”:” Past performance may not be representative of future results. \u202fAll investments are subject to loss.\u202f Forecasts regarding the market or economy are subject to a wide range of possible outcomes. \u202fThe views presented in this market update may prove to be inaccurate for a variety of factors.\u202f These views are as of the date listed above and are subject to change based on changes in fundamental economic or market-related data. \u202fPlease contact your Financial Advisor in order to complete an updated risk assessment to ensure that your investment allocation is appropriate.\u202f\u202f\u00a0″,”text_align”:”left”,”text_size”:”small”,”text_color”:”muted”}}]}]}]}],”version”:”2.2.2″} –> Written By: Contact An Advisor Follow Follow Past performance may not be representative of future results.  All investments are subject to loss.  Forecasts regarding the market or economy are subject to a wide range of possible outcomes.  The views presented in this market update may prove to be inaccurate for a variety of factors.  These views are as of the date listed above and are subject to change based on changes in fundamental economic or market-related data.  Please contact your Financial Advisor in order to complete an updated risk assessment to ensure that your investment allocation is appropriate.