Click here to download a pdf of The Profit Margin

To download this weeks The Profit Margin.

February 12 , 2018
Statistic of the Week: 
There are currently 5.4 million job openings in the US, the most since the current record keeping system began in 2000. Jobs are vacant for an average of 27.3 days before being filled.
Global Perspective: 
Corporate tax avoidance is a key issue being eyed by the European Commission. The Commission put together an “action plan” to address the issue, where a single set of rules is being put forward for taxation of earnings in European Union member countries.
Market Moving Events: 
Monday: Existing Home Sales Tuesday: Durable Goods Orders, New Home Sales, PMI Manufacturing Index Wednesday: GDP Petroleum Status Report Thursday: Jobless Claims, Personal Income and Outlays Friday: Consumer Sentiment
Someday, hopefully in the not-so-distant future, an issue of The Profit Margin will come out where “Greek Exit” or “heightened volatility” will not be mentioned. This is not the week. Last week tensions and doubts over the Greek bailout situation caused volatility across the world’s financial markets. As the news cycle moved, so did valuations. By the end of the week, US equity markets had risen into positive territory. The S&P 500 gained 0.78% while the DJIA climbed 0.70%.1 International markets contracted for the week, with the EAFE falling 0.40%.2 In a flight to safety, US bond yields fell. The 10-year Treasury finished trading Friday at 2.26%, and the Barclays Aggregate Bond Index rose back into positive territory for its year-to-date performance figure.3 With the situation in Greece unwilling to fade into the sunset, it is important to remember why investors care so much about the debt situation of the tiny nation. As financial markets across the globe are heavily leveraged and interconnected, it is difficult to predict the total impact that a default would have on the entirety of the financial system. As banks, hedge funds, and other financial institutions attempt to asses risk and exposure, they are jockeying to both profit and avoid being stuck with toxic debt should a default occur. The result: balancing on the head of a pin, where any unexpected news item could increase volatility yet again.
Chart of the Week: 
About Ventura Wealth Management: 
Ventura Wealth Management is an independent Registered Investment Advisor (RIA). Unparalleled service, objective advice, and comprehensive planning act as the central pillars of our client experience. We are dedicated to building long-term client relationships through diligent management, custom portfolios, client education, and ongoing financial review.

Statistic of the Week:

The Wall Street Journal

Global Perspective:

The Economist

Market Moving Data:,

Chart of the Week:

Haver Analytics, Census Bureau


Contact Information: 

Phone: 609.671.9100
Toll Free: 866.899.0068
Fax: 609.671.9199 


Securities offered through American Portfolios Financial Services, Inc. (APFS) Member FINRA/SIPC. Investment Advisory Services offered through Ventura Wealth Management is not affiliated with APFS and APAI.Any opinions expressed in this forum are not the opinion or view of American Portfolios Financial Services, Inc. (APFS) or American Portfolios Advisors, Inc. (APA) and have not been reviewed by the firm for completeness or accuracy. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. Readers should conduct their own review and exercise judgment prior to investing. Investments are not guaranteed, involve risk and may result in a loss of principal. Past performance does not guarantee future results. Investments are not suitable for all types of investors.