Videos - Adviser Investments

Home Prices Up 5% Year-Over-Year

Senior Vice President Chris Keith has the market analysis for Tuesday, November 27. Major U.S. stock indexes experienced modest gains: The NASDAQ saw fractional movement, while the Dow Jones Industrial Average and S&P 500 advanced 0.4% and 0.3%, respectively. The National Retail Federation reported that 165 million consumers shopped between Thanksgiving and Cyber Monday, a 5% decline from 174 million in 2017. The average shopper spent nearly $315 this year, down from 2017’s $336. Meanwhile, the S&P CoreLogic Case-Shiller U.S. National Home Price Index revealed that September’s national home prices rose around 5.5% year-over-year, yet declined 5.7% since August.

GM Gains Nearly 5% on Restructuring Plan

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Monday, November 26. All major U.S. stock indexes rallied, with the Dow Jones Industrial Average, S&P 500 and NASDAQ gaining 1.5%, 1.6% and 2.1%, respectively. General Motors was one of the day’s largest gainers: Its stock rose nearly 5% after announcing plant closures and layoffs—a move that the company anticipates could increase free cash flow by $6 billion by 2020. Apple, on the other hand, fell around 2% in after-hours trading on tariff-related concerns.

Pound and Euro Down on Brexit Concerns

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Friday, November 23. Major U.S. stock indexes and oil declined today, with crude oil down nearly 5% in mid-day trading to its lowest price since October 2017. Meanwhile, European markets continued to react to Brexit-related issues: The pound and euro fell around 0.8% and 0.9%, respectively, and STOXX Europe 600 closed the day up 0.4% yet still lost more than 1% on the week. Next week, several significant economic reports will be released: Housing prices, new home sales, Q3 GDP revision, FOMC minutes, personal income/spending/savings and consumer confidence.

Durable Goods, Consumer Sentiment Below Expectations

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Wednesday, November 21. The Dow Jones Industrial Average lost a 200-point mid-day gain and closed with fractional losses while the S&P 500 and NASDAQ advanced 0.3% and 1.0%, respectively. Meanwhile, the Commerce Department reported a 4.4% drop in durable goods orders during October. Similarly, the University of Michigan’s November survey of consumers fell more than economists anticipated yet still remains near a record high. Although both durable goods and consumer sentiment came in below expectations, Jim notes that they continue to indicate a “slow growth, not no growth” economic trajectory.

Jeff DeMaso on Vanguard’s Lowered Investment Threshold

Jeff DeMaso, Adviser Investments’ director of research, joins Money Life with Chuck Jaffe to discuss Vanguard’s recent decision to reduce the minimum investment requirement on 38 of its index mutual funds from $10,000 to $3,000. Vanguard made this change after Fidelity Investments’ August introduction of zero-management-fee index funds. Jeff notes, “It’s clearly Vanguard responding to Fidelity. They certainly are saving investors money. That’s a great story, and we can all applaud that. But I really think this is Vanguard a little bit defending their turf when it comes to being low-fee and for the average investor.”

Potential for Slower Growth Supports Moderately Balanced Portfolio

CNBC recently sought stock market and economic insight from Adviser Investments’ Chief Investment Officer Jim Lowell. Amid the recent FAANG stock selloff, Jim shared his views on the role of tech stocks in growth investors’ portfolios over the long term. He also discussed the prospect for potentially slower growth in 2019 and anticipatory reallocation towards a more moderately balanced portfolio comprised of equities, bonds and cash.

Major U.S. Indexes Down About 2%

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Tuesday, November 20. Major U.S. stock indexes dropped, with the Dow Jones Industrial Average, S&P 500 and NASDAQ fell 2.2%, 1.8% and 1.7%, respectively. Meanwhile, the Commerce Department released October housing permits (down 6% year-over-year) and starts (down 3%) as the housing market slows on rising mortgage rates.

Stock Indexes Fall as Tech Stocks Lead Decline

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Monday, November 19.  Major U.S. stock indexes declined, with the Dow Jones Industrial Average, S&P 500 and NASDAQ down 1.5%, 1.7% and 3.0%, respectively. The technology sector led the sell-off, with Apple and Facebook dropping around 4% and 5%, respectively. Meanwhile, the National Association of Home Builders’ monthly confidence index for November fell nearly 12% from October. Builder confidence remains elevated at 60, though held in check by high prices and higher mortgage rates.

New York Fed Data Reflects Strong Consumer

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Friday, November 16.  The Dow Jones Industrial Average and S&P 500 gained 0.5% and 0.2%, respectively, and the NASDAQ fell 0.2%. In terms of indicators, the New York Fed released third-quarter household and credit data, with the household debt-to- income ratio enjoying its 17th consecutive gain and continuing to reflect a healthy consumer status. That ratio is currently around 20% higher than its mid-2013 low. Later this week, we will see home-related data regarding builders’ confidence, housing starts, building permits, existing home sales and durable goods orders as well as leading economic indicators for consumer sentiment and Markit manufacturing activity gauges.

Rebound on Wall Street

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Thursday, November 15. Major U.S. stock indexes rebounded: The Dow Jones Industrial Average, S&P 500 and NASDAQ gained 0.8%, 1.1% and 1.7%, respectively. Meanwhile, the Commerce Department released retail sales data for October, reflecting a 0.8% monthly increase versus the 0.5% rise economists predicted. The Federal Reserve Bank of Philadelphia’s November Manufacturing Business Outlook Survey indicates that the manufacturing sector remains strong with around 35% of manufacturers seeing monthly activity gains.

85 Wells Avenue, Suite 109 Newton, MA, 02459

info@adviserinvestments.com 1.800.492.6868

Adviser Investments' logo is a registered trademark of Adviser Investments, LLC.