5/24/2019 Weekly Update: Happy Memorial Day Weekend

5/24/2019 Weekly Update: Happy Memorial Day Weekend

by David Rasmussen on Jun 7, 2019

Weekly Recap

S&P 500                -1.03%

10 Year Treasury   +0.60%

Gold                      +0.53%

Volatility              +0.25%


Weekly Update: Happy Memorial Day Weekend

Just a simple note from us this week:  Please enjoy your holiday weekend with family and friends.  Looks like we will see a mix of sun with a chance of storms this weekend here in Des Moines.


The S&P 500 gave up about 1% this week on what appears to be global growth concerns considering the continued downward trajectory of global interest rates.  The market is down about 4% for the month of May thus far.  The overused cliché headline on CNBC is “Sell in May and Go Away” and I noticed it a few times in headlines this week.  It rhymes so it must make sense!  There is no statistical merit to it.  Cooler heads that can stick to a long term-strategy based on logic rather than emotionally trying to time the market prevail.    



Thanks for reading,

Zach and Dave

Calibrate Wealth





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