Click here to download a pdf of The Profit Margin

To download this weeks The Profit Margin.

August 14 , 2017
Statistic of the Week: 
Americans have been leading the charge into online shopping for well over a decade. However, shoppers in other countries are much more likely than Americans to shop for groceries online. 16.6% of South Korean, 7.2% of Japanese, and 4.2% of Chinese sales fall into this category. Only 1.4% of US grocery transactions are online.
Global Perspective: 
After a three year debate, MSCI, one of the world’s leading providers of indices (similar to Dow Jones or Standard & Poor’s), decided to gradually add shares of mainland Chinese shares to its global indices. Previously, Chinese exposure was accessed through shares that were dually listed on mainland Chinese and global exchanges.
Market Moving Events: 
Monday: Durable Goods Tuesday: Consumer Confidence Wednesday: International Trade, Pending Home Sales Thursday: Jobless Claims, GDP Friday: Personal Income and Outlays, Consumer Sentiment
Commentary: 
Equity markets in the US had an upward bias last week, as the S&P 500 inched up 0.21% and the DJIA rose 0.05%.1 The Nasdaq Composite was the real story, however. After being tossed around for several weeks in a row, it rallied back, adding on 1.84%.2 On the international front, the MSCI EAFE index fell slightly, down -0.17%,3 while the emerging markets added just under 1% to what has already been a stellar start to the year4 (the MSCI EM is up about 18.5% year to date).5 Treasury yields remained mostly unchanged. The 10-year Treasury closed trading on Friday with a yield of 2.15%.6 With domestic equities near record highs, and Treasury yields near 2017 lows, market forces seem to be pulling in two different directions. Some analysts believe that foreign flows into Treasuries are helping to keep yields down, as bond investors look for better alternatives to their own domestic issues. As we head into summer, which is traditionally a more volatile time of year, it will be curious to see if money continues to flow into both asset classes, or if we see a switch in investor behavior. So far in 2017, growth stocks have substantially outperformed value stocks. In the S&P 500, growth is up about 13.8% this year, while value has risen 3.1%.7 Such disparities underscore the need for diversification in a well-balanced portfolio. It certainly looks like a “stock pickers” market. - Dan McElwee, CFP®
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
Sources: 

Statistic of the Week

 Barron’s

 

Global Perspective:

John Hancock Asset Management

 

Market Moving Data:

Bloomberg.com

 

Chart of the Week:

Haver Analytics / Federal Reserve Board

 

Commentary:

1.Bloomberg
2.Bloomberg
3.Bloomberg
4.Bloomberg
5.Bloomberg
6.Bloomberg
7. Barron’s
Contact Information: 

Phone: 609.671.9100

Toll Free: 866.899.0068

Fax: 609.671.9199

 

www.VenturaWealth.com

 

Visit Our Blog:
www.VenturaWealth.com/Our-Blog

 

200 Princeton South Corporate Center

Suite 150

Ewing, NJ 08628

Pages

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.