WealthProtect Status Update: November 2021

This is the monthly WealthProtect System* status update, where we include probability (Low, Mid, High) of a change in status within the next two months. We also include a commentary on actions taken this month, changes in overall asset allocation, and on the market in general.

System Commentary

No changes in our system as the markets rebounded in October and early November.

In some of our more conservative models we added an infrastructure position with some of the cash in the portfolios since we are in the more favorable season for stocks and infrastructure stocks tend to do better during inflationary periods.

Economic/Market Commentary

The economy appears to be rebounding from the third quarter slump, but the big story is the persistency of inflation. The year over year inflation rate of 6.1% is the highest since 1990. While there are many things that could derail this bull market, inflation certainly seems to be the most obvious factor that could do it. We continue to be vigilant.

Thanks for your continued trust and have a wonderful Thanksgiving.