Saturday, May 19, 2018

Retirement Data: Fidelity Plan Balances Q1 2018

Please click on the above chart to enlarge. From Fidelity's press release:
  • Average individual 401(k), 403(b) and IRA account balances increased year-over- year, but dipped slightly from Q4 2017. The average 401(k) balance dropped to $102,900, about 1 percent lower than Q4 2017 but an 8 percent increase from Q1 2017. The average IRA balance also dipped about 1 percent to $105,100 from last quarter, but increased 8 percent year-over-year. The average 403(b) account was $82,100, down slightly from Q4 2017 but up 9 percent year-over-year.

Friday, May 4, 2018

May 2018 Market Update - Election Cycle in Focus

The S&P 500 was up 0.22% in April. This marks a reversal from the negative returns in February and March. At the end of April, YTD the S&P was down 0.96%. Let's review price, sentiment and valuation as we begin the month of May.

Wednesday, April 11, 2018

April 2018 Market Update

The S&P 500 was down 2.64% in March. When we examine global securities via the Morgan Stanley Capital International All Country World Index (MSCI ACWI, iShares ETF ACWI), which represents 85% of global investable equity market, it has snapped its streak of positive quarters at 9 with a loss in Q1 2018. This is the first quarterly loss since Q3 2015. Let's review price, sentiment and valuation for April.

Wednesday, March 7, 2018

March 2018 Market Update

The S&P 500 was down 3.89% in February. When we examine global securities via the Morgan Stanley Capital International All Country World Index (MSCI ACWI, iShares ETF ACWI), which represents 85% of global investable equity market, it has snapped its record up streak at 15 months with a loss in February. Let's review price, sentiment and valuation as we enter March.

Monday, February 12, 2018

Retirement Data: Fidelity Plan Balances Average Six Figures at End of Q4 2017


Please click on the above chart to enlarge. From Fidelity's press release:
  • IRA and 401(k) accounts continue to hit record levels. Increasing contributions and a strong stock market drove both the average 401(k) and IRA balances over six figures. The average 401(k) balance rose to $104,300, 13 percent higher than Q4 2016. The average IRA balance climbed to $106,000, which is also a 13 percent year-over-year increase. 

Saturday, February 3, 2018

February 2018 Market Update - Volatility Returns

The S&P 500 was up 5.62% in January. When we examine global securities via the Morgan Stanley Capital International All Country World Index (MSCI ACWI, iShares ETF ACWI), which represents 85% of the global investable equity market, it has been up a record 15 months in a row. After a surge in the stock market to start 2018, the S&P 500 finally experienced a 3% or greater correction (during the week on January 29-February 2). The last time investors encountered such weakness requires us to travel back in time to November 4, 2016, right before the U.S. Presidential election. Let's review price, sentiment and valuation as we enter February.

Friday, January 5, 2018

January 2018 Market Update - Bulls Rejoice

The S&P 500 was up 0.98% in December. When we examine global securities via the Morgan Stanley Capital International All Country World Index (MSCI ACWI, iShares ETF ACWI), which represents 85% of the global investable equity market, it has been up a record 14 months in a row. The main story about the market in 2017 is the total lack of volatility. The S&P 500 has not had a 3% or greater correction since November 4, 2016. Let's review price, sentiment and valuation as we start 2018.