The Opportunity
As a trusted financial advisor, your goal is to help every client achieve financial peace of mind—today, tomorrow, and throughout their retirement. That’s no easy task in today’s unpredictable market.
At Secure Retirement, we see this challenge as a very real opportunity to serve investors well, using a time-tested, research-based approach to protecting assets in all market circumstances—even in the face of yet another bear market.
A boutique asset manager, we can help you diversify your own business to protect client assets and your own livelihood. Designed to address the financial needs of successful middle-class investors, at this time our approach leverages an uncommonly low equity allocation, and we purchase stocks only when values are low. As a result, our portfolios are poised to help investors dramatically reduce risk, protect their valued savings, and keep their nest eggs intact. And to help you communicate this value with your clients, we provide monthly updates on our current approach in plain language that speaks to even your most novice investors.
Contact us today at (925) 855-4300 to learn about our personalized asset management services and how we can help you and your clients prepare for change and gain financial peace of mind.
Economic and Market Update
Economic & Market Update, January 2014
Fact vs Fiction – the Real State of the U.S. Economy
By Richard Morey
This issue will be unique in that we will only be looking at the economy. All our market analysis can be found in our year-end materials for our clients.
Understanding the state of the economy can be difficult due to the amount of data involved. This difficulty has increased fairly dramatically over the last decade as the financial media decided to treat all economic data as news events. The media wants and needs something new to highlight each day. As a result, they search for any news and then trumpet it as a key to understanding the economy. For example, every week the Labor Department releases weekly unemployment claims. And every week this data is announced in the financial media as something very important that tells us the direction of employment and the economy as a whole. However, if you look at actual studies of weekly unemployment claims you will find this data is nearly meaningless. It certainly tells you nothing about the direction of the economy, and it actually doesn’t even tell you the direction of employment. The weekly number simply contains too little information. To understand the direction of employment you must look at a large number of factors over time, and without this context one number from one week tells you absolutely nothing.
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