Click here to download a pdf of The Profit Margin

To download this weeks The Profit Margin.

December 4 , 2017
Statistic of the Week: 
The median savings for households headed by an individual aged 55-64 is $104,000. This nest egg translates to an inflation adjusted monthly annuity of $310. Of those not saving for retirement, 24% attribute their behavior to not knowing where to start.
Global Perspective: 
With 5 million vending machines, Japan has the most amount of vending machines per capita in the world (one for every twenty five citizens). The machines are widely viewed as an economic indicator, and have had a difficult time keeping up with the nation’s deflationary pressures.
Market Moving Events: 
Monday: ISM Manufacturing Index, Construction Spending Tuesday: Vehicle Sales Wednesday: International Trade, Factory Orders, FOMC Minutes Thursday: Jobless Claims Friday: Employment Situation
Commentary: 
Markets finished the year similarly to how they began – in the doldrums. Both the DJIA and S&P 500 finished both the week and the year in the red. The Dow fell over 2% in 2015, and the S&P 500 contracted about 0.7%.1 The 10-year Treasury finished the year with a yield of 2.27%.2 For a year marked by returns that were anything but spectacular, we experienced our share of high drama. 2016 appears to be off to a rocky start. The woes that were troubling China this past summer seem to have resurfaced, pushing Chinese equity valuations lower. A contraction in Chinese manufacturing is being blamed for a selloff in the main Chinese markets, where trading was halted after a 7% decline early Monday.3 Market commentators are quick to tout that the US does relatively little direct business with the Chinese. This is true – however, as the world’s second largest economy, China is doing business with someone (Europe, Australia, Canada, etc.). If China slows down considerably, these trading partners will suffer, and the US will not be immune. The other major geopolitical event shaping the start of this week’s market action is violence in the Middle East between the Saudis and Iranians. It is no secret that these rival powers have been jostling for influence in the Middle East, and the storming of the Saudi embassy in Tehran is no small matter. Global markets will not ignore a further escalation of hostilities. Caution is warranted.
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:

Journal of Financial Planning

 

Global Perspective:

Bloomberg BusinessWeek

 

Market Moving Data:

Bloomberg.com

 

Chart of the Week:

Bloomberg Data

 

Commentary:

1.Bloomberg
2.Bloomberg
3.BBC News
 
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.