Weekly Talking Points – August 22, 2018

Joel Faircloth, Aspen Wealth Strategies

The S&P 500 ground out a positive 0.66% last week while the Dow Jones Industrial Average shot up 1.48% on a softening of the “trade war” talk between the US and China.   International markets continued sell off with political tensions (mainly Turkey) as both developed (MSCI EAFE) and emerging (MSCI EM) declined 1.10% and 3.68% respectively.Retail sales in the US … Read More

Weekly Talking Points – August 6, 2018

Joel Faircloth, Aspen Wealth Strategies

The S&P 500 ground out a positive 0.80% last week while the Dow Jones industrial Average was essentially flat (up 0.05%). International markets however took a breather as both developed (MSCI EAFE) and emerging (MSCI EM) declined 1.45% and 1.66% respectively. Personal income and personal consumption both rose 0.4% in June. Personal income is up 4.9%, and spending is up … Read More

Aspen Wealth Strategies Q3 Market Commentary

Joel Faircloth, Aspen Wealth Strategies

“It’s the end of the world as we know it…and I feel fine” R.E.M. (1997) – American Alternative/Indie band “It’s the end of the world as we know it…” Many of you may best remember this song from the opening scene of the first “Independence Day” movie – you know, right before the alien horde destroyed most of the planet.  … Read More

Weekly Talking Points – July 26, 2018

Joel Faircloth, Aspen Wealth Strategies

The S&P 500 was essentially flat last week returning just 0.04%, however there were some sizable moves throughout the week. Some of the biggest movers included United Continental Holdings (up 12.22%) and Netflix (down 8.78%). If anyone is looking for a reason to doubt the current recovery, the latest housing starts report gave them one. Housing starts not only declined … Read More

Weekly Talking Points

Joel Faircloth, Aspen Wealth Strategies

Any opinions are those of Joel P Faircloth and not necessarily those of RJFS or Raymond James.