6 Degrees Wealth

The election is behind us, and we're now focused on the rest of the year and what shifting dynamics may remain in the markets. 6 Degrees Wealth's CIO, Victoria Greene, CFA, delivers our insights in this month's market brief. Read the full piece below! #markets #movingon #wealthmanagement

Today, we pause to honor and thank the brave men and women who have served our country with courage and dedication. Your sacrifices ensure our freedom and security, and we are forever grateful for your service. Happy Veteran’s Day!

As polls open and the election day is finally here, we caution investors to not get too caught up in the fray! Politics matters to us personally and socially, but in the stock markets? Not so much. Often the market returns are driven more by the economic cycle rather than the political one. But here are 10 key items to watch for: 1. Down the ticket matters just as much as the Presidential election. The house is a toss up and the balance of power being split or united is crucial 2.?Markets prefer split power and a little gridlock 3.?Tariffs and taxes are the 2 key policy items at risk to swing one way or another 4.?It will likely take days, if not weeks, to declare a winner 5.?Mail in ballots may shift results from initial polling, and the margin of victory in the contested states is estimated to be less than 0.5% (PA, MI, WI, NC, GA, AZ, NV) 6.?The Senate is likely to swing red. Senate math is against the Democrats this cycle 7.?We caution against knee jerk trading on results, its often very short sighted 8.?Goldman estimates range from +3% S&P 500 (Trump/Red sweep, 25% probability) to the lowest probability and worst market reaction of Harris and Democratic sweep (5% probability) and -3% S&P 500 reaction. 9.?This was the first election with legal election “betting” offered by firms such as Kalshi, PredictIt and Polymarket. It has offered faster insight into election odds.?While this is new to the USA, this is commonplace in the rest of the world. This actually regulated by the CFTC (Commodity Futures Trading Commission) vs. gambling. 10.?Whoever wins, markets will still open at 9:30am EST, and the sun will rise #electionday #wealthmanagement #investing

Finish 2024 strong with our Year-End Planning Checklist! This quick guide covers key financial steps to review to help you enter 2025 prepared and organized! Don't miss the opportunity to ensure you are ready to go for the new year before the holidays roll around. #YearEndPlanning #WealthManagement

October has been known for its surprises in the markets, and with November on the horizon, more shifts could be in store. 6 Degrees Wealth's CIO, Victoria Greene, CFA, breaks down what these changes mean for your investments. Read the full brief below. #markets #spookyseason #wealthmanagement

6 Degrees Wealth had the opportunity to join Sanctuary Wealth's 2024 Oasis conference to deepen our expertise to better serve our clients. Continuous learning is key to navigating the ever-evolving financial landscape, and we are committed to enhancing our capabilities to deliver exceptional wealth management solutions! #OASIS2024 #BoldAmbition #WealthManagement

As we approach the final trading days of September, we are pleased to share our Q4 market outlook written by 6 Degrees Wealth's CIO, Victoria Greene, CFA. Despite the potential volatility from the upcoming election, we believe the bull market remains strong, with the possibility of a rally leading into year-end. While global challenges persist, many companies continue to perform well, delivering strong earnings and expanding profit margins. If you have any questions or would like to discuss further, our team is here to assist you! #wealthmanagement #finance #investing #q4outlook

First Rate Cut of 2024! The Fed went with the 50 basis point cut instead of the 25. Investors will tune in to listen to what Powell has to say and their guidance for what to expect next. #RateCut #Fed #FedFunds

For this month's Market Brief, 6 Degrees Wealth's CIO, Victoria Greene, CFA, focuses on our portfolio philosophy. We believe that when constructing a portfolio, it is not just about diversification, but owning the right parts of the markets. That's why we've maintained an overweight position in U.S. Large Cap stocks for the past 5+ years. This is a core tenant in how we invest, as we don’t feel the need to allocate to underperforming asset classes just because “diversification” through Modern Portfolio Theory (MPT) says we should. #investing #markets #economy #USA

This past month we saw the VIX spike and with it, a lot of worries about the market. 6 Degrees Wealth's CIO, Victoria Greene, CFA, covered this month's action and pointed ahead to see what's to come in this month's Market Brief. Fall is historically known for lagging behind the other seasons in performance. Even if that holds true this year, don't let a few slower months convince you that the bull market is over. It is important to stick to your financial plan during these periods, as staying the course is essential for long-term success. Read the full market brief below! #markets #volatility #investing #wealthmanagement