Market Update: January 20, 2022 Unemployment Up Earnings Up Market Down

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

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Transcript:

Hello, everybody, welcome to Thursday, the S&P 500 was down 1.1%. Today, we had a couple of different pieces of news that seemed to be part of the driving force, the market was up in the morning and actually fell right at the end. But the first time unemployment claims was 280,000, which is about 50,000, more than what was expected. So the job market got a little bit softer, the long term unemployment claims also grew. And so you know, that’s a in contrary to what the Federal Reserve is trying to do, which is to slow down the economy. And then you’re showing some data that shows that the economy has slowed down some most likely it has slowed down because of the Omicron variant, especially in the hiring area, and what have you to so we’ll see what happens, and especially the Federal Reserve is meeting next week. And what do they say about that? You know, we’ve had a softening of the stock market, getting a little bit of softening of the labor market, do they soften their tone, because one of the biggest reasons the markets coming down right now is because the Federal Reserve has been very aggressive in their tone, you know, they’re trying to talk inflation down. And, of course, that’s creating some havoc for the stock market as far as that goes. So, you know, that’s an issue.

But on the positive side, really fascinating. Oh, we’ve seen earnings reports coming in 81% of companies that reported earnings have beat their expectations by an average of 8.5%, which is really good. Earnings ultimately drive this market. You know, there’s other pieces right now that are in control. But there’s an awful lot of pessimism out there, they just finished an investor sentiment survey. And when it comes to the NASDAQ, which is the, you know, tech related index that has fallen the most, there’s pessimistic about that right now, as they were in March of 2020, when the market was really falling down due to the pandemic. And so this is kind of fascinating, it might not make sense. But when so many people get pessimistic, essentially, you know, they’ve sold or made their moves, it just leaves the smaller group, the buyers, the more optimistic that are coming in at a can reverse that. And you often see as one of the big signals for reversal, is when those surveys get very, very pessimistic, and so at least for the NASDAQ index that has happened, so I on my show here, coming up tomorrow 1215 to one o’clock talk money with Tom show, I’m going to be spending the first part of that show discussing my strategy for what to do in these types of markets. The market has entered a new phase, I’ll describe what that is. And you need different types of investing strategies for different types of phases. And I’ll describe in detail really, you know, what I’m doing and how that’s going to work, in my opinion, and what I will do if we change into a different phase as far as that goes, so, we’d love to be able to, you know, see you at the show, you can ask questions as we’re going as far as that goes to So, look forward to talking to tomorrow. Thank you very much.

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.