Special Edition from Jack – the 45 DAY REPORT!
Friends and Clients,
Hard to believe, isn’t it?
The first quarter is half over. The year is 45 days old. It’s 1/8th over with!
The stock market bull rally continues, and hopes for President Biden and his COVID stimulus package are high. Looks as if it’ll pass. The president is also promising an infrastructure bill, which will create jobs and fuel several sectors that we are thinking about adding to our aggressive growth model: the industrials, building materials, trains, planes, cement, steel, tractors, heavy machinery, etc.
Interest rates continue to remain very low, and residential real-estate sales, as well as new construction, remain high. One of my close friends and clients, a broker in Ocean City, Maryland, said that while he was in church on Sunday, from 9:00 to 10:30 AM, he missed 17 calls from buyers wanting to see properties. I hear similar stories all day long from my network.
Here’s How We’re Doing
Our 45-day returns look like this:
Our Growth Model
· The AG model is + 9.15% so far in 2021.
· The S&P 500 equity benchmark is +4.5972%.
· So our performance is almost exactly twice the performance of the S&P.
Our Bond Model
· The bond model (“fixed income”) is + 5.16% YTD.
· AGG, the Barclays fixed income benchmark is negative 1.362%.
· So we’re miles ahead of the benchmark.
Both models are on track to match or beat our record setting returns of 2020!
Defense When Necessary
As always, I am prepared to take decisive and speedy defensive action if market conditions turn against us. We will not let your wealth suffer in a market plunge.
Thank you … for your trust and confidence.
Call me on my cell 240 401 2355
Please share my number with family, friends, clients, and colleagues.
Most Popular Financial Stories
If you've heard CEOs mention "A.I." multiple times during second-quarter conference calls or on the news, you're not imagining it. There have been an astounding 1,072...
The Fourth of July is just ahead – a chance for us all to get together and celebrate what makes America so special. As Americans, we have the liberty to act, speak, think,...
Let’s hear it for the dads, the ones who help us grow, give us guidance, and look out for us in a million different ways. In celebration of Father’s Day, here are some of...
Some of us share a common experience. You're driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your...
Memorial Day is a time for Americans to honor and remember those who lost their lives while serving in the armed forces. Veterans will think back on the men and women who...
Are you concerned about the potential banking crisis? We are happy to announce that Schwab, our custodian for the majority of our investment accounts, is in great shape and...