Quarterly Reports 2023 June End Chart Book The Fed held their press conference on June 14th. They paused the rate hikes for now but indicated there will be at least two more hikes this year, a ‘Hawkish Pause”.Interestingly, after an initial dip post FOMC, the market found its footing and rallied Wednesday and that continued Thursday. Clearly a positive for the market. Learn more 2023 March End Chart Book Money supply is contracting at the fastest pace in our lifetimes. It has declined 2.4% year over year and the sharp drop in deposits post Silicon Valley’s collapse suggests the money growth will continue to decelerate. This is important as the sharp drop in money is likely dragging inflation down. However, there is risk it is coming at the expense of financial stability and slower economic growth. Learn more 2022 December End Chart Book 2022 was the worst annual performance for the S&P 500 since 2008. When we experience down years of this magnitude, we typically get a rebound the following year. In 2022 rising rates had a dramatic impact on fixed income pricing, driving prices down as rates continued to rise at an unprecedented rate. These higher rates infected the equity markets with fears of a future recession driven by the higher rates slowing not only the US economy but the world economy. Learn more 2022 September End Chart Book Q4 tends to be the best quarter of the year historically as summer is over and investors are all back in the office. As we approach November, Midterm Elections have historically been an inflection point for stocks, with markets anticipating better fiscal and monetary policy post-midterm elections. That has been less true in high inflation years like 1974 and 1978 as policymakers are restrained from aggressive policy actions. Learn more 2022 June End Chart Book Q3 tends to be the sleepiest quarter of the year historically due to summer vacations. 41% of the trading days in 2022 have had a range over 2%, which is the highest of any year since 2008. Only 2002 and 2008 had higher readings. Compared to 2021 at 6%, the 41% reading makes it feel much more volatile. Learn more 2022 March End Chart Book 2021 was unusually mild in terms of pullbacks, with the fourth smallest drawdown since 1987. However, 2022 has started out on a very different note, with much higher volatility numbers that investors had grown accustomed to. Q2 tends to be the second-best quarter of the year historically. Additionally, the war in Ukraine will have lasting impacts on inflation for months to come as they are a large supplier of the worlds agricultural and commodities goods. Learn more 2021 December End Chart Book Despite the weakness in Q3, the fourth quarter of 2021 proved resilient, delivering a total return of 11.02% despite some minor volatility late in the quarter driven by the Omicron variant of Covid-19 and the Fed beginning to act on inflationary pressures. Learn more 2021 September End Chart Book Consumer confidence is highly correlated to concerns on Covid-19. This is important to watch as rising covid fears can impact consumer spending. The recent spread could be consumers also beginning to focus back on jobs, wages, geo-political developments. Fortunately, the Delta variant appears to be waning. Learn more 2021 June End Chart Book Earnings continue to rise worldwide as the world's economies reopen. This is very positive for accelerating GDP worldwide. The U.S. economic recovery is several months ahead of the rest of the world, so we would expect the rest of the world to see accelerating growth. Learn more 2021 March End Chart Book As the economy slowly reopens, the leading economic indicators continue to increase to near the highest levels in over 20 years. Learn more 2020 December End Chart Book During Q4 of 2020 stocks continued to recover from the March lows, despite a pull back in late October, setting all time highs for the S&P 500. Learn more 2020 September End Chart Book Q3 of 2020 saw continued recovery off of the March bottom, though experienced weakness in September, before turning upward again. Learn more 2020 June End Chart Book The stock market began one of the most dramatic rallies in history in Q2 of 2020. Government and Federal Reserve efforts to support consumers, the credit markets and small businesses led to heightened investor confidence. Learn more 2020 March End Chart Book Congress has passed three bills aimed at mitigating the economic impact of COVID-19 and putting money into the economy. The most recent is the Coronavirus Aid, Relief, and Economic Security (CARES) Act. At about $2 trillion, it's the largest economic stimulus legislation in American history since the New Deal in the 1930s. Learn more 2019 Year in Review All major asset categories posted strong results in 2019. The shift to monetary easing and lower interest rates boosted returns to bonds, and U.S. large cap equities led the outperformance of U.S. versus non-U.S. stocks. Learn more 2019 June End Chart Book Both U.S. equities and bonds benefited from the dovish shift in tone from global monetary policymakers that many investors hoped would lead to lower policy interest rates and greater liquidity growth. More globally linked assets such as commodities and emerging market equities lagged. Learn more 2019 March End Chart Book Interest rates decreased in the US U.S. Treasury Curve (%) fixed income market during the first quarter of 2019. Learn more 2018 Year in Review Broad-based asset-price weakness prevailed in 2018, with no major category posting a positive return. U.S. stocks registered double-digit declines during Q4 to finish out their worst year since 2008, though they still outperformed non-U.S. equities in 2018. Plummeting oil prices pulled down commodity prices. Learn more 2018 June End Chart Book The sturdy domestic economy bolstered U.S. stocks, especially small caps, which are less exposed to global trends and trade risk. Rising U.S. Treasury yields and a stronger U.S. dollar contributed to the recent sell-off among emerging market stocks. Learn more Trade Wars There have been a lot of news headlines and market reaction to the recently announced tariffs. This presentation aims to answer many of the questions about what has been going on and will center around these main points. Learn more EstateManage personal affairs while you're alive and control the distribution of wealth upon your death.InsuranceA well-structured insurance strategy can help protect your loved ones from the financial consequences of unexpected events.InvestmentCreate an investment strategy that’s designed to pursue your risk tolerance, time horizon, and goals.LifestyleHow to strike a balance between work and leisure is just one aspect of the wide-ranging Lifestyle matters.MoneyManaging your money involves more than simply making and following a budget.RetirementSteps to consider so you can potentially accumulate the money you'll need to pursue the retirement activities you want.TaxUnderstanding tax strategies can potentially help you better manage your overall tax situation. To access the machine-readable files created and published by United Healthcare, please click here.