Financial Advisor | Financial Planners

Financial Planning

480-836-2326

  • Facebook
  • LinkedIn
  • Twitter
  • Home
  • About Susan Linkous
    • Industry Awards
  • Services
  • Blog
  • Financial Reviews
  • Legal Docs
  • Contact Us
  • Account Login
You are here: Home / Blog / A Compass – “Susan On Money” for Week of July 17th, 2013

A Compass – “Susan On Money” for Week of July 17th, 2013

July 17 By Linkous Group

Hi Everyone,

LPL Financial Research issued a new Portfolio Compass on July 10th. The full report can be sent upon request and here are a few highlights for you.

~Susan

Navigating the Markets

We expect the S&P 500 to grind higher in the second half of the year with increased volatility.

Lingering fears over the Federal Reserve (Fed) reducing the pace of bond purchases has driven increased bond market volatility. We believe the bulk of the sell-off is behind us, but volatile trading will likely persist near term.

Equity Sectors

We are upgrading our consumer discretionary view due to the continued resilience in consumer spending and the benefits of the housing recovery.

Our upgraded health care view reflects our U.S. focus, gradually improving sector growth outlook, and robust product innovation.

China’s deteriorating growth trajectory and strength in the U.S. dollar have led to our lowered view of materials and energy. We expect crude oil to pull back into he $90s.

We remain cautious on the yield sectors (telecom and utilities) due to their interest rate sensitivity and rich valuations.

Because of their narrow focus, sector investing will be subject to greater volatility than investing more broadly across many sectors and companies.

Fixed Income Notes

Over the balance of 2013, we believe intermediate maturity bonds provide a better risk/return trade-off compared to short-term bonds.

A favorable summer seasonal period for municipal bonds is likely delayed due to lingering supply pressures. On a positive note, signs of stability persist as higher yields and taxable equivalent yields above 7% on longer-term bonds appear to have begun to attract more consistent buying interest from investors.

Things to know about bonds: Intermediate-term bonds have maturities between 3 and 10 years. All bonds are subject to interest rate risk if sold prior to maturity. Municipal interest may be subject to alternative minimum tax. They are federally tax-free but may be subject to state and local tax.

Send me an email if you want the full report or wish to discuss how the data may pertain to you.

Until next week,

Susan R. Linkous

Filed Under: Blog

Search

Contact Us

    Your Name (required)

    Your Email (required)

    Your Phone

    Your Message

    captcha

    Verification (type 4 digit code shown above)

    Blog Archives

    • November 2020
    • March 2020
    • February 2020
    • January 2020
    • February 2019
    • October 2017
    • May 2017
    • March 2017
    • December 2016
    • October 2016
    • June 2016
    • May 2016
    • March 2016
    • January 2016
    • December 2015
    • November 2015
    • September 2015
    • July 2015
    • June 2015
    • May 2015
    • April 2015
    • March 2015
    • February 2015
    • January 2015
    • December 2014
    • November 2014
    • September 2014
    • August 2014
    • July 2014
    • June 2014
    • May 2014
    • April 2014
    • March 2014
    • February 2014
    • January 2014
    • December 2013
    • November 2013
    • October 2013
    • September 2013
    • August 2013
    • July 2013
    • June 2013
    • May 2013
    • April 2013
    • March 2013
    • February 2013
    • January 2013
    • December 2012
    • November 2012
    • October 2012
    • September 2012
    • August 2012
    • July 2012
    • June 2012
    • May 2012
    • April 2012
    • March 2012
    • February 2012
    • January 2012
    • December 2011
    • November 2011
    • October 2011
    • September 2011
    • August 2011
    • July 2011
    • June 2011
    • May 2011
    • April 2011
    • March 2011
    • February 2011
    • January 2011
    • December 2010
    • November 2010
    • October 2010

    Copyright © 2021

    The Linkous Group, Ltd. is a Registered Investment Advisor. Advisory services are only offered to clients or prospective clients where The Linkous Group, Ltd. and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by The Linkous Group, Ltd. unless a client service agreement is in place.

    Check out your broker with BrokerCheck ,  Susan Linkous, CRD #2938653 brokercheck_logo-new