Manage episode 295760527 series 2834060
In this installment of our Monthly Market Update, Homer examines the market’s performance throughout May 2021, the economic data behind the market’s performance, and the death of the 60/40 Portfolio.
Overall, the S&P 500 remained a relatively flat month, showing some fluctuation as the month progressed. Also, as expected, Homer noticed Industrials and Financials outperformed the Broader Market, showing slight growth.
So sit back, relax, and enjoy Homer’s insights on last month’s market trends and what we can expect as we move throughout the summer as a whole!
0:07 - Overview on today's Market Update and topics of discussion
0:58 - May's market performance overview, beginning with S&P 500
1:52 - Industrials and Financials outperformed the Broader Market
3:07 - The economic indicators Homer's team is analyzing regularly
4:50 - Analyzing GDP and inflation throughout recent history
6:15 - The Death of the 60/40 Portfolio
8:28 - True diversification requires four macro quadrants
10:40 - Asset correlation pertaining to the 60/40 Portfolio
11:50 - Summary of the Market Update
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