Market Recap May 17th.

Hello Michael Shellenberger, one of the managing partners over here

at Synergy.

And this is the weekly market update video for the

week of May 10th through May 14th 2021.

While the markets had one of the more volatile and

downward moving weeks and months, uh The S and P.

500 posted a negative 1.3% return last week, Bringing the

year to date right around 11.7%.

There have now been 25 daily market moves in which

the S.

And P.

500 moved 1% 1 way or the other.

Although most of those have been in the positive direction

so far this year, we have seen relatively modest volatility,

although last week was certainly not the case.

The Barkley us aggregate Bond index dropped by .4 last

week, Bringing that year to date down to a negative

2.7 Russell 2000 also down two last week, but it

remains up 13 for the year.

So far, The energy sector remains the strongest performing sector

of the year.

Still, it was down .4 last week, but it is

up 43.4 so far this year.

The back and forth between growth and value continues.

The Russell 1000 value up about 1.4%.

In comparison to the 1000 growth.

That brings the difference between the 2 to 13.6%.

In the favor of value Inflation numbers were expected to

start moving upward and the field from people is that

inflation is already here.

It's already present.

But that CPI rose in April .8%, that's up .6

from month over month in March.

That's the largest monthly increase since June of 2009.

That c.

p. I.

is now up 4.2 for the year over year.

Uh that is compared to 2.6 for the year, over

year, prior month.

The C.

P. I.

E, which looks at inflation for seniors, has also been

rising steadily for months.

However, in 2021 the cola for Social Security is only

1.6%. Now, there have been calls to have higher inflations

on Social Security, but nothing has been passed into law

yet retail sales relatively flat last month from March to

april, there was expected rise of 0.9% but that didn't

come in.

Stimulus checks seem to have flattened for at least a

month. Electronics, cars, food and services, they also gains in

april, but clothing, sporting goods and general merchandise, they also

declines. Uh now, what we see here is jobless claims

fell another 34,000 and economists believe that the heightened unemployment

benefits are now starting to impact recovery.

Job openings surged to 8.1 million with a majority into

hospitality, manufacturing and construction.

This kind of highlights the dual nature of the economy

today, where we have millions of people uh that have

open jobs and we have millions out of work at

the same time.

Well with everything and all the complexity going on the

world, it's really easy to get distracted or caught up

in what we call the emotion commotion.

Of course, creating written plans will always help you keep

your focus and keep towards your long term goals.

Uh, and objectives.

Remember, you can't control any specific investment outcome, but you

can't help manage your expectation by creating guidelines and rules,

monitoring those and inspecting them before something doesn't behave the

way you want it to remember.

If you aren't testing ahead of time, you're guessing and

the outcome of awareness creates a lot more reliability than

the outcome of assumption.

If there are any specific areas of concern you want

to discuss, please make a virtual appointment to do so.

Nothing in this recap is intended to be specific advice,

as it obviously doesn't take into account your unique situation

until next week.

Stay safe, stay ahead of the curve and please let

us know what we can do to help.

Market Recap May 17th.

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