Author Jason Haley
Published January 13, 2020
Estimated
Originally published by creditunions.com .
It was a good year for the U.S. economy and broad financial markets in 2019. The S&P 500 generated a 31.5% return, a performance second only to 2013 (32.4%) over the last 20 years. Making the year more unique was the fact that broad fixed income also performed well on both a gross and net basis (i.e., non-directional trading). The ICE BofAML US Broad Market Index posted an 8.9% gross return for 2019, the highest since 2002, and the index bested duration-matched Treasuries by 1.98%, the third best year in the post-crisis era. We’ll take a deeper look at fixed income in the Performance Update included below.
View Publication Jason Haley Chief Investment Officer
LinkedIn
ALM First” is a brand name for a financial services business conducted by ALM First Group, LLC (“ALM First”) through its wholly owned subsidiaries: ALM First Financial Advisors, LLC (“ALM First Financial Advisors”); ALM First Advisors, LLC (“ALM First Advisors”); and ALM First Analytics, LLC (“ALM First Analytics”). Investment advisory services are offered through ALM First Financial Advisors, an SEC registered investment adviser. Access to ALM First Financial Advisors is only available to clients pursuant to an Investment Advisory Agreement and acceptance of ALM First Financial Advisors’ Brochure. The content in this message is provided for informational purposes and should not be relied upon as recommendations or financial planning advice. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
The content in this article is provided for informational purposes and should not be relied upon as recommendations or financial planning advice. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. While such information is believed to be reliable, no representation or warranty is made concerning the accuracy of any information presented. Statements herein that reflect projections or expectations of future financial or economic performance are forward-looking statements. Such “forward-looking” statements are based on various assumptions, which assumptions may not prove to be correct. Accordingly, there can be no assurance that such assumptions and statements will accurately predict future events or actual performance. No representation or warranty can be given that the estimates, opinions or assumptions made herein will prove to be accurate. Actual results for any period may or may not approximate such forward-looking statements. No representations or warranties whatsoever are made by ALM First Financial Advisors as to the future profitability of investments recommended by ALM First Financial Advisors.
New Sessions on Mortgage Assets Added to 2020 ALM First Financial Institute Agenda Next Publication→
