Inflation fears return

From the desks of Stanley Katz & Lauren Madera

STAY SAFE & HAVE FUN!

Inflation fears seeped into the minds of investors this past week. All three major US stock market indices took a breather (DJIA: -1.25%, S&P 500: -2.08%, Nasdaq: -3.15%) while the 10-year US Treasury yield climbed to 4.50% on Friday. That “risk-free rate” may lure investors away from stocks and into bonds. Schwab’s Market Perspective, “Disinflation Risks,” provides a deeper dive on this topic. Click the link below as you drink your first cup of java!

Legislators are already strategizing around the 2017 Tax Cuts and Jobs Act (TCJA) scheduled to expire on December 31, 2025. However, other agenda items may deflect attention before the TCJA is tackled. Capital Group ponders the impact on different sectors as we march into 2025. We hope you find their article an interesting read.

Below are links to a number of third-party research reports that we have read and analyzed over the past week. We hope you will find the information interesting, useful, and worthwhile.

Schwab:

• Disinflation Risks

Capital Group:

• What Trump’s win could mean for banks, autos and luxury goods

J.P. Morgan Asset Management:

• Who would be the biggest beneficiaries of a corporate tax cut?

Argus:

• Earnings Season Supports Market Valuations

BlackRock:

• Zeroing in on secular forces, not cycles

Stanley Katz & Lauren Madera, Financial Advisors
ClientFirst Financial Strategies, Inc.
937-293-5500

Investing involves risk, including the possible loss of principal. The information contained herein has been prepared solely for informational purposes. Nothing contained herein should be construed as a recommendation to either buy or sell any security or economic sector, or implement any strategy discussed. Please consult with your financial advisor, accountant, and/or attorney before acting on this information. ClientFirst Financial Strategies, Inc. is a DBA of OneSeven, LLC (OneSeven).  OneSeven is an investment advisor registered with the U.S. Securities and Exchange Commission (SEC).  Registration with the SEC does not imply a certain level of skill or training.  Securities offered through Fortune Financial Services, Inc. (Fortune), Member FINRA/SIPC.  OneSeven and Fortune are separate entities.  Investment Products are Not FDIC Insured, Offer No Bank Guarantee, and May Lose Value.

OneSeven and Fortune do not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third parties.