Our Market Commentary

Join The WealthPlan team as we explore topics around investments, practice management, advisor technology, and more.

WPG Thumbnail Full (11)

Alternative Investments Portfolio – October 2022

Below is the chart of the year-to-date returns through September 30, 2022—for both US stocks and bonds. This is UNPRECEDENTED on a couple of important dimensions. First, bonds normally provide a return that offers a low correlation to stocks; meaning that normally when stocks are down like they are this year, bonds provide some positive…

WPG Thumbnail Full (10)

What is the S&P Worth Today? What About in 5 Years?

There seems to be a lot of disagreement around what stocks are worth and what the various index levels “should” be. This debate is reaching a high volume of late due to the uncertainties present. How high will inflation go? How long will it last? What will the Fed do with rates? Can inflation be…

WPG Thumbnail Full (8)

An Unusually Difficult Year

  Market Commentary, September 6, 2022 We are all aware of the headlines. Record Inflation. Rising Interest Rates. Potential Recession. Against these headlines we have some conflicting data. For example, corporate earnings remain strong and Wall Street analysts remain optimistic in their earnings forecasts. Analysts are still calling for the S&P 500 Index in aggregate…

WPG Thumbnails (7)

A Summer Markets Deep Dive

Market Commentary || August 15th, 2022 After an impressive summer rally in stocks, it might be helpful to take some data measures and evaluate them to help gain some perspective on the stock market and other assets as we close out the summer season. We will look at: Stock market valuations Corporate earnings Housing valuations…

MorningStar

Breaking: WealthPlan’s Dividend Aristocrat Portfolio Receives 5-Star Rating by Morningstar

August 1st, 2022 WealthPlan Group’s Dividend Aristocrat Portfolio has received a 5-star rating by Morningstar. (Sec Id: F00001DL2C) Morningstar’s risk rating ranges from 1 to 5 based on past performance. A 5-star rating highlights that a Separate Account Portfolio has been a top performer in the market measured by risk-adjusted returns. The ranking is based…

WPG Thumbnails (6)

Slack Tide and Crosscurrents

Monday, August 8th, 2022 Thinking about the current economic conditions makes me think of a slack tide. Slack tide refers to the time when the tide appears to neither be rising nor falling. Literally, the water is slack. The current economic conditions seem similarly slack right now. GDP has risen to new heights but is…

WPG Thumbnails (4)

A Time for Patience

A Market Commentary by WealthPlan Group || Written July 25th, 2022 The stock market has rallied some which has some people believing the market low has been set. Here’s a chart below of stock prices for this past week. We certainly aren’t going to complain because rallies after losses are nice, much like a refreshing…

joshua-mayo-HASoyURgPMY-unsplash

A BIG Earnings Release Week

A Market Commentary by WealthPlan Group || Written July 18th, 2022 Over nine hundred publicly traded companies will announce earnings this week across multiple economic sectors. In addition to releasing the earnings for the past quarter, many companies will provide guidance of some kind about business conditions going forward. Then the process of incorporating these…

download (1)

The Waiting Game

Equity Markets were up last week with a strong rally after a period of selling pressure. Nonetheless, there is still considerable uncertainty with respect to inflation, interest rates, and corporate earnings. Relative to market drawdowns of the more recent past, we have been saying this one has the potential to be much more protracted. Consequently,…

reading-multiple-books-at-once

Investor Mailbag: Hot topics

Why was the market down at the end of June? It seemed like it was going to rally back up. Markets ended their two-week rally in June after the Bureau of Economic Analysis released their March 3 estimate of the US real GDP growth for Q1, updating the estimate to -1.6% annually (-0.4% growth for…

front

The Earnings Crucible

After sharp equity market declines this year, many market observers are of the belief that the stock market is now “fairly valued.” We hear it all the time. Some people even say that the market is cheap. Usually, people who espouse this view are referencing the price today compared to the forecasted earnings in twelve…

cover art

Maximum Uncertainty

Several weeks ago, we wrote a piece called “Money Heaven.” In it, we considered how money is created and destroyed. To recap, money is destroyed via two primary mechanisms: 1) Asset Devaluation, and 2) Inflation. We also discussed the root cause of inflation being a monetary phenomenon made worse in the present day by supply…