Description
Construction Adds Fuel to U.S. Economic Growth, October 2014
Market and Economic Outlook
Trouble continues in Russia and Ukraine
Geo-political hot spots dot the globe. While the human tragedy and suffering cannot be diminished, the capital markets will move when news that economic activity
and company earnings are impacted. The capital markets have generally grinded upward despite the headline risks overseas.
We believe the Russia and Ukraine conflict is the one to monitor. It has the greatest potential to impact economic activity, especially in Europe. Western nations are using economic sanctions to influence Russia’s involvement in Ukraine.
An escalation in economic sanctions by Russian and western countries could crimp an already tenuous recovery in Europe and impact worldwide economic activity. Expect a market correction We still have not witnessed a 10 percent stock market correction in three years. With stock indices sitting at all time highs, a correction could develop at any time and should be expected. Corrections are a necessary event to keep valuations in check and reduce the probability of bubble formation. “With the end of the Fed’s QE program in sight, numerous geo-political concerns, and deflationary signs elsewhere around the world, we believe volatility will pick up,” says Hallada.
“However, this should not impact a long-term investor’s strategy. Where appropriate, we are diversifying our client portfolios into private real estate, where we are seeing much more compelling returns for risk assumed than in traditional stocks and bonds.” CliftonLarsonAllen Wealth Advisors, LLC Investment Committee connect@CLAconnect.com CliftonLarsonAllen Wealth Advisors, LLC (“CLA Wealth Advisors”) The purpose of this publication is purely educational and informational. It is not intended to promote any product or service and should not be relied on for accounting, legal, tax, or investment advice. The views expressed are those of CLA Wealth Advisors.
They are subject to change at any time. Past performance does not imply or guarantee future results. Investing entails risks, including possible loss of principal.
Diversification cannot assure a profit or guarantee against a loss. Investing involves other forms of risk that are not described here. For that reason, you should contact an investment professional before acting on any information in this publication. Financial information is from third party sources.
Such information is believed to be reliable but is not verified or guaranteed. Performances from any indices in this report are presented without factoring fees or charges, and are provided for reference and competitive purposes only. Any fees, charges, or holdings different than the indices will effect individual results.
Indexes are unmanaged; one cannot invest directly into an index. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor. Prior approval is required for further distribution of this material. CLAconnect.com/privateclient 7 ©2014 CliftonLarsonAllen Wealth Advisors, LLC .
We believe the Russia and Ukraine conflict is the one to monitor. It has the greatest potential to impact economic activity, especially in Europe. Western nations are using economic sanctions to influence Russia’s involvement in Ukraine.
An escalation in economic sanctions by Russian and western countries could crimp an already tenuous recovery in Europe and impact worldwide economic activity. Expect a market correction We still have not witnessed a 10 percent stock market correction in three years. With stock indices sitting at all time highs, a correction could develop at any time and should be expected. Corrections are a necessary event to keep valuations in check and reduce the probability of bubble formation. “With the end of the Fed’s QE program in sight, numerous geo-political concerns, and deflationary signs elsewhere around the world, we believe volatility will pick up,” says Hallada.
“However, this should not impact a long-term investor’s strategy. Where appropriate, we are diversifying our client portfolios into private real estate, where we are seeing much more compelling returns for risk assumed than in traditional stocks and bonds.” CliftonLarsonAllen Wealth Advisors, LLC Investment Committee connect@CLAconnect.com CliftonLarsonAllen Wealth Advisors, LLC (“CLA Wealth Advisors”) The purpose of this publication is purely educational and informational. It is not intended to promote any product or service and should not be relied on for accounting, legal, tax, or investment advice. The views expressed are those of CLA Wealth Advisors.
They are subject to change at any time. Past performance does not imply or guarantee future results. Investing entails risks, including possible loss of principal.
Diversification cannot assure a profit or guarantee against a loss. Investing involves other forms of risk that are not described here. For that reason, you should contact an investment professional before acting on any information in this publication. Financial information is from third party sources.
Such information is believed to be reliable but is not verified or guaranteed. Performances from any indices in this report are presented without factoring fees or charges, and are provided for reference and competitive purposes only. Any fees, charges, or holdings different than the indices will effect individual results.
Indexes are unmanaged; one cannot invest directly into an index. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor. Prior approval is required for further distribution of this material. CLAconnect.com/privateclient 7 ©2014 CliftonLarsonAllen Wealth Advisors, LLC .
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