Disinflation is Still On + More

What happened this week?

• Disinflation Is Still On: Good news has been bad lately for both stock and bond markets. Good news has added upward pressure on inflation expectations, forcing the Fed to react aggressively, which ricocheted into higher interest rates.
• Central Bank Portfolios Are Underwater: Central banks around the world have been raising short-term interest rates aggressively for almost a full year now.?All of the tightening has, however, put central banks into a kind of hole.
• What Happened to the Recession?: In multiple ways, this is the most difficult time we have ever seen to make a forecast.?“Unprecedented” actions by government – locking down the economy, printing, borrowing, and spending trillions of extra dollars – artificially boosted economic activity.
• Why Factor ETFs?: According to Veronika Popova, Director of ETF Strategy at CI Global Asset Management, traditional index ETFs are not always the best way to invest in the stock market. Popova suggests that factor ETFs may have the potential to outperform traditional market-cap weighted indices through both bull and bear markets.
• Bear Trap? Market Holds Critical Support: “If the “bear market” is “canceled,” we will know relatively soon. To confirm whether the breakout is sustainable, thereby canceling the bear market, a pullback to the previous downtrend line that holds is crucial.?

Justin Castelli: The Importance of Attracting and Engaging Millennial Clients

Justin Castelli, CFP?, Investment Advisor and Founder at?RLS Wealth, joined us to talk about how he set up his RIA to work with younger clients – whether that's millennial clients, Gen Z and Gen Y aged clients - in addition to baby boomers. We asked him to join us because several significant challenges are facing advisors today vis-à-vis e.g. millennial clientele. Whether you're a well established advisor or not, you're either have the problem of what happens after wealth is transferred to the next generation or you're growing your business to compete for that next generation's business. Given the average age of well-heeled clients in wealth management is around 70, and millennials, for example, don't necessarily want to deal with mom and dad's advisor. How can you get better at attracting and engaging millennial clients?

Top & Bottom 5 Performing Stocks Of The Week

Top:

1. Sea Limited ?11.85%?
2. General Electric Company ?5.35%?
3. Intel Corporation ?3.11 %
4. Chipotle Mexican Grill inc ?2.70 %?
5. The Kroger Co ?2.44 %

Bottom:

1. Calavo Growers Inc??-25.30%
2. Schwab Charles Corp ?-24.17%
3. Remark Holdings Inc ?-22.22%
4. Fossil Group inc ?-22.10%
5. Guardant Health Inc ?-22.04 %?

#FridayFunnies

Read More on AdvisorAnalyst.com

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+ The Yield Curve Screams Recession

+ Brooke Thackray: No Landing Economy - No Way!

+ NBI CIO Office Asset Allocation Strategy: "Land of Confusion"

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