The strong performance of markets over the first half of the year continued through July. Dow, the Nasdaq, and the S&P 500 were all in positive territory, a welcome improvement versus this time last year when markets were significantly down.
Slowing inflationary pressures and the labor market’s resilience, which supports consumer spending, have fostered cautious optimism among market participants for a “soft landing” of the economy.
Experiencing good and bad years in investing is natural. Market conditions, asset classes, styles, strategies, and geographical factors all contribute to variations in returns. It’s important to maintain some perspective when considering the implications of returns, good or bad, over the short run.
There will always be some reason for concern on the near horizon. However, it’s crucial to recognize that long-term results are the most significant consideration for long-term investment success.
For more details on markets, see the July Market Commentary below.
Articles of Interest
Perspective and insights on markets, headlines, and the economy.
It’s impossible to systematically predict which large companies will outperform the stock market and which will underperform it—which underscores the importance of having a broadly diversified equity portfolio that provides exposure to a vast array of companies and sectors.
Whether the U.S. gets a soft landing or not, investors should stay the course through short-term market turbulence.
If you aren’t sure about being able to pay for college, you should complete the Free Application for Federal Student Aid (FAFSA). The application doesn’t cost money and can open up new sources of funding to help pay for post-secondary education.
Summer may be winding down, but there are still plenty of beach days. Here are some beaches to explore in the U.S.
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No one should assume that future performance of any specific investment, investment strategy, product, or non- investment related content made reference to directly or indirectly in this newsletter will be profitable. You should not assume any discussion or information contained in this email serves as the receipt of, or as a substitute for, personalized investment advice. Symmetry does not provide tax or legal advice and nothing either stated or implied here should be inferred as providing such advice. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.
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S&P 500 Index represents the 500 leading U.S. companies, approximately 80% of the total U.S. market capitalization.