2nd Quarter 2020: Market Recap and Near-term Outlook

Every couple of years, I get to write and deliver quarterly investment reviews when, seemingly, everything worked in our favor. This is one of those quarters. Markets have rallied a bit more since quarter-end, and we continue to build our lead over benchmarks. I encourage you to log into your Client Portal and take a look at where we stand now.

This link is to a PDF containing our Q2 2020 Quarterly Recap and Near-term Outlook. This Recap incorporates a broad review of global markets, and a series of directly comparable, globally diversified, balanced portfolio benchmarks constructed by iShares (by Blackrock). The commentary and performance information, coupled with the tabled data will, hopefully, help each reader evaluate their own portfolio performance in proper context with just a few numbers.

As always, I am available at any time, any day of the week, to discuss specific portfolio performance questions with all clients. Until then, be well, enjoy your week, and thank you!

A.J. Walker, CFA CFP® CIMA®
Founder, President, and CEO
Lake Jericho, LLC

1st Quarter 2020: Market Recap and Near-term Outlook

If any historical sequence of unfolding events exist that could have resulted in more difference between two quarterly investment reviews, I am unaware of what those might be. Our Q4 2019 Market Recap was a celebration of the historic economic expansion and bull market run. This Q1 2020 Market Recap is its eulogy

For nearly two months, the US economy and US markets remained resilient as officials and pundits discussed the emerging corona virus threat in terms of the impact on China, and what effect China’s economic fall-out might have on the global economy. Whether wishful thinking, or naive comfort, those two months of whistling past the expansion’s graveyard allowed the corona virus threat to escalate from a regional concern to a worldwide health crisis.

This link is to a PDF containing our Q1 2020 Quarterly Recap and Near-term Outlook. This Recap incorporates a broad review of global markets, and a series of directly comparable, globally diversified, balanced portfolio benchmarks constructed by iShares (by Blackrock). The commentary and performance information, coupled with the tabled data will, hopefully, help each reader evaluate their own portfolio performance in proper context with just a few numbers.

As always, I am available at any time, any day of the week, to discuss specific portfolio performance questions with all clients. Until then, be well, enjoy your week, and thank you!

A.J. Walker, CFA CFP® CIMA®
Founder, President, and CEO
Lake Jericho, LLC