• Categories

Weekly Investment Update

Download the PDF Version

<!– {"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”:”

Most equity indexes retreated from near all-time highs last week, as concerns over inflation and the Covid Delta variant seemed to weigh on the investor mindset. While the S&P 500 (a proxy for large-cap US stocks) was down approximately one percent for the week, other parts of the market sold-off more significantly. Small-cap stocks, for example, lagged their larger peers, losing more than five percent for the week^[1].\n

The energy sector, which roared back to life as the economy came back online as the vaccine rollout progressed, dropped nearly eight percent last week, as well. The sell-off is the result of news that a breakthrough in relations between Saudi Arabia and the United Arab Emirates improves the odds of OPEC increasing oil supply in the near future^{[2].”},”source”:{“query”:{“name”:””},”props”:{}}},{“type”:”image”,”props”:{“margin”:”default”,”image_svg_color”:”emphasis”,”image”:”wp-content\/uploads\/sites\/20\/2021\/07\/Energy-Select-Sector-SPDR-ETF-Total-Return-SP-500-Total-Return-OneAscent-Wealth-Weekly-Investment-Update-July-19-2021.png”,”image_alt”:”Line graph depicting Energy Select Sector SPDR ETF Total Return and S&P 500 Top 50 Total Return from January 2021 to July 2021″,”text_align”:”center”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”}

Prices & Interest Rates”,”css”:”p { \n margin-top: 50px\n}”}},{“type”:”text”,”props”:{“margin”:”default”,”column_breakpoint”:”m”,”content”:”

\n

\n

\n

\n

\n

\n

\n

\n

\n

\n

Representative Index\n	Current\n	Year-End 2020\n\n
Crude Oil\u00a0(US WTI)\n	$71.17\n	$48.52\n\n
Gold\n	$1,813\n	$1,893\n\n
US Dollar\n	92.71\n	89.94\n\n
2 Year Treasury\n	0.25%\n	0.13%\n\n
10 Year Treasury\n	1.31%\n	0.93%\n\n
30 Year Treasury\n	1.93%\n	1.65%\n\n
Source: Morningstar, YCharts, and US Treasury as of July 17, 2021\n\n\n”,”text_size”:”small”,”css”:”table.center {\n margin-left:auto; \n margin-right:auto;\n border-collapse: collapse\n \n}\nth {background-color: #13284B; padding:5px }\ntd {padding:5px}\n”}},{“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 \n \n Category\n Representative Index\n YTD 2021\n Full Year 2020\n\n Global Equity\n MSCI All-Country World\n 12.3%\n 16.3%\n\n US Large Cap Equity\u00a0\n S&P 500\u00a0\n 16.1%\n 18.4%\n\n US Large Cap Equity\u00a0\n Dow Jones Industrial Average\n 14.5%\n 9.7%\n\n US Small Cap Equity\u00a0\n Russell 2000\n 10.1%\n 20.0%\n\n Foreign Developed Equity\n MSCI EAFE\n 8.8%\n 7.8%\n\n Emerging Market Equity\n MSCI Emerging Markets\n 5.0%\n 18.3%\n\n US Fixed Income\n Bloomberg Barclays Municipal Bond\n 1.8%\n 5.2%\n\n US Fixed Income\n Bloomberg Barclays US Agg Bond\n -0.9%\n 7.5%\n\n Global Fixed Income\n Bloomberg Barclays Global Agg. Bond\n -2.6%\n 9.2%\n\n Source: YCharts as of July 17, 2021\n\n\n”,”text_size”:”small”,”css”:”table.center {\n margin-left:auto; \n margin-right:auto;\n border-collapse: collapse\n \n}\nth {background-color: #13284B; padding:5px }\ntd {padding:5px}\n”}},{“type”:”text”,”props”:{“margin”:”large”,”column_breakpoint”:”m”,”css”:”#spaced { \n margin-top: 50px !important\n}”,”content”:” [1] Source: YCharts\n [2] Source: OPEC+ Calls Meeting for Sunday After Progress Toward Deal – Bloomberg”,”text_size”:”small”,”margin_remove_bottom”:false,”margin_remove_top”:true}},{“type”:”button”,”props”:{“grid_column_gap”:”small”,”grid_row_gap”:”small”,”margin”:”large”,”text_align”:”center”,”margin_remove_top”:true},”children”:[{“type”:”button_item”,”props”:{“button_style”:”primary”,”icon_align”:”left”,”content”:”Download the PDF Version”,”link”:”wp-content\/uploads\/sites\/20\/2021\/07\/2021.07.19-OneAscent-Weekly-Investment-Update.pdf”,”link_target”:”blank”}}],”name”:”Download the PDF Version”},{“type”:”html”,”props”:{“content”:” “}}]}]}]},{“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.