MAY 2023

In our first article below, we examine whether the recent bank failures carry further implications for the economy, determine if the shape of the yield curve is a sign of an imminent recession, and share valuable lessons as the second quarter begins.  Feel free to call us if you would like to discuss this further.

A home and investment portfolio are two of the most important family assets. There are also many similarities between a well-constructed portfolio and a well-constructed home. Both are built on solid foundations guided by time tested fundamental principles. In addition, they both feature characteristics that are tailored to the owner’s specific needs and desires. Our second article reviews the fundamental guiding principles of a well-constructed portfolio. 

This month's "What's Happening Now" section shares interesting stories on 3 ways to rethink old age retirement, 11 stunning islands where cars are not allowed, and a $3.3 million project to turn an abandoned high school into apartments.

We'd like to hear from you. Please feel free to contact us by phone at 614-888-2121, toll-free 877-389-2121 or email jchornyak@janney.com with any questions or comments. 

APRIL INVESTMENT PERSPECTIVES

Read about navigating today’s conflicting economic information, how foreign central bank policies may put downward pressure on the U.S. dollar, and how investors consider factors impacting stocks as economic risks linger.

PORTFOLIO CONSTRUCTION

A home and investment portfolio are two of the most important family assets. There are also many similarities between a well-constructed portfolio and a well-constructed home. Both are built on solid foundations guided by time tested fundamental principles. In addition, they both feature characteristics that are tailored to the owner’s specific needs and desires.

What's Happening Now

3 ways to rethink old age and retirement, MIT expert says

11 Stunning Islands Where Cars Are Not Allowed

Spent $100K on a high school, converted it to apartments

Market Update

Stocks ended April generally higher, despite several lackluster sessions along the way. Each of the benchmark indexes listed here gained ground over their March closing values, except for the small caps of the Russell 2000. Investors spent most of April weighing positive news on corporate earnings against concerns about the financial strength of regional banks and the Federal Reserve's next move relative to interest rates as it continues to battle inflation. The Dow enjoyed its best month since January. The Global Dow and the large caps of the S&P 500 also gained at least 1.5%. The Nasdaq barely eked out a gain on the heels of a strong last week of April.