Wealth Protect Status Update: February 2016

Reginald A.T. Armstrong • WealthProtect Status Update


We email the status of our WealthProtect System* monthly and give probability (Low, Mid, High) of a change in status within the next two months. We also include a commentary on actions taken this month as well as changes in overall asset allocation.

Wealth Protect Status Update: February 2016

Commentary

Markets overall have continued to deteriorate over the past month, with the exception of commodities which appear to be forming a bottom after 18 months of sharp losses. Global stocks are now officially in a bear market having dropped 20% from their peak according to Bloomberg.com through 2/11/16. In addition, odds of a recession have increased to perhaps 50% in the next six months in my opinion. More worrisome, perhaps, is that signs of energy-led and/or European bank-led financial crisis are beginning to build. While our Strategic Asset Management portfolios remain very defensive having exited most equities many months ago, please give your wealth manager a call if you would like to review your personal situation.

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