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Market & Portfolio Review: 10-29-21

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Focus On Making Money

On the surface, most investors should be happy after a multi-year bull market, yet most are fearful, disappointed, and confused about the performance of their investments. One of the prime detractors of performance is the media and its impact on our emotions and how we make investment decisions, which often have long-term consequences.

In this week’s edition of the Market & Portfolio Review, we evaluate the track record of the media over the past decade and its impact on client returns. Second, we are going to use the stock market and how it’s behaving to gauge where we are in the business cycle. Lastly, we will measure how much gas is left in the tank for energy stocks and the factors driving performance across the oil and gas space.

Key Takeaways

  1. We are in the early stages of an economic expansion
  2. Economically sensitive stocks tend to outperform during times of recovery
  3. Energy and financial stocks remain durable market leaders

The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a registered investment adviser. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.

Robert Reaburn

Robert Reaburn

Robert Reaburn is the Executive Vice President and Head of Wealth Management at LifePro Asset Management. He works with financial advisors building diverse financial portfolios that best empower their clients with a lifetime of financial security.

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