This Week from Jesse Hurst
Jesse W. Hurst, II
CFP® CERTIFIED FINANCIAL PLANNER™
AIF® ACCREDITED INVESTMENT FIDUCIARY


Last Chance! Grab a spot for the following free webinar

2020 What Else Could Go Wrong?
A Look at History, Elections and Financial Markets



2020 continues to be a year for the record books. A year that will be etched in our memories for the rest of our lives. A year that we will tell our grandchildren and great grandchildren about -- and we still have an election to go!
 
In our continuing effort to keep you, the trusted friends and clients of Impel Wealth Management, informed about what is going on with the economy and financial markets, we are hosting our next Zoom webinar on Wednesday, September 30th, at 4pm.
  
We will be discussing how experiencing multiple SUPER DISRUPTORS (Covid-19, protests, job loss, recession) concurrently could affect the outcome of the upcoming Presidential and Congressional elections. We will look at what this may mean for economic and tax policy, as well as the financial markets.
 
Historically, uncertainty surrounding the potential policies and outcomes has added an element of volatility to the markets in the months leading up to the election.  During our time together we will be reviewing the following major questions:
 
 
1)      Is this REALLY the most divisive and bitter election ever?
2)      What matters most to the markets, the President or the Fed?
3)      How has stock market performance influenced election outcomes historically?
4)      How have markets performed under different Presidential administrations?
5)     What steps can you take to help you achieve your financial and retirement goals?
 
The differences between the candidates and the campaigns is so stark, and many people are already firmly in one camp or the other, that the election outcomes could come down to a few undecided voters in a few key swing states. 

We will be sharing ideas and information to help you make good decisions about your financial future. Please join us by clicking the link below to register:


We have had several clients reach out to us about sharing our webinars with their family, friends, and coworkers.  To that end, we encourage you to pass this invitation on to them so they can join us. Additionally, Here is a link 
to the Impel Wealth Management You Tube channel where you can learn more on the Webinar.

Register  Here

 

Weekly Market Commentary
September 28, 2020


The Markets
 
For four weeks, the U.S. stock market has sparked and sputtered like a campfire in light rain.

Today, pandemic-driven demand is providing fuel for the investors. The need for certain types of products and services has accelerated and innovation is creating new opportunities. Consider:

·Technology. Today, digital technologies support nearly all group interactions, which has accelerated innovation. Traditional video communications platforms are in high demand, and multi-person virtual platforms are emerging. Robotics innovations are racing ahead, too. Robotic dogs enforce social distancing in Singaporean parks, reported Accenture. Other types of robots sanitize streets and facilitate contactless delivery around the globe.

· Consumer products and services. COVID-19 increased demand for staples, cleaning, and personal hygiene products. The virus may have inspired deeper and longer-lasting changes in consumer behavior, too. Accenture reported people are favoring healthier lifestyles, consuming goods more conscientiously, and showing a preference for locally-sourced goods.

· Healthcare, drug development/delivery, and medical equipment. Last Friday, 316 COVID-19 treatments and 212 vaccines were in development around the world, reported the Milliken Institute. In some places, humans are collaborating with artificial intelligence to streamline drug discovery processes. Demand for telehealth services has increased dramatically. So has demand for personal protective equipment, reported Pankaj Singh of Plastics Today.

Throughout 2020, investors' enthusiasm has pushed markets higher. However, concerns about a variety of issues have dampened enthusiasm in recent weeks. Last Friday, Ben Levisohn of Barron's reported:

"In a week filled with headlines about government stimulus (or the lack thereof), Supreme Court nominations, the election, the gain in the Nasdaq...suggests that it was the fear of another COVID-19 wave that really got the market down. And for good reason. The week began with the U.K. talking about a second shutdown and ended with all of Europe facing down a second wave of infection...In the U.S., the number of cases is rising and the death toll passed 200,000 midweek..."

Many of these concerns aren't likely to dissipate soon, and volatility is likely to continue.

Last week, the Standard & Poor's 500 Index and Dow Jones Industrial Average lost value, while the Nasdaq Composite gained value.


Data as of 9/25/20
1-Week
Y-T-D
1-Year
3-Year
5-Year
10-Year
Standard & Poor's 500 (Domestic Stocks)
-0.6%
2.1%
10.5%
9.7%
11.8%
11.2%
Dow Jones Global ex-U.S.
-4.2
-7.9
-0.2
-1.5
3.5
1.7
10-year Treasury Note (Yield Only)
0.7
NA
1.7
2.2
2.2
2.5
Gold (per ounce)
-4.7
22.1
21.5
12.9
10.2
3.7
Bloomberg Commodity Index
-3.2
-12.6
-10.4
-6.1
-4.4
-6.6

S&Pones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods.
Sources: Yahoo! Finance, MarketWatch, djindexes.com, London Bullion Market Association.
Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N/A means not applicable.


PREPARING FOR A PANDEMIC HALLOWEEN.

In many neighborhoods across the United States, Halloween decorations have begun to appear. If you've been wondering whether Halloween celebrations and trick-or-treating are possible when the COVID-19 virus is still spreading across the country and the world, you may be interested in the Halloween guidelines issued by the Centers for Disease Control:

     Low risk activities:

·  Carving or decorating pumpkins at home and displaying them
·  Carving or decorating pumpkins outside, at a safe distance, with neighbors or            friends
·  Decorating your house, apartment, or living space
·  Holding a virtual Halloween costume contest
·  Having a Halloween movie night at home with your family or roommates
·  Having a Halloween scavenger hunt with lists of Halloween-themed things to           look for while walking outdoors, at a safe distance from other participants
·  Having a scavenger-hunt style trick-or-treat event with your household members      in or around your home instead of trick-or-treating from house to house

Moderate risk activities:

·  Participating in one-way trick-or-treating. Individually wrapped treats are lined       up for families to take while remaining at a safe social distance (end of a                   driveway or at the edge of a yard)
·  Small group, outdoor, open-air costume parades or parties with participants             remaining at safe social distances (six feet apart)
·  Going to an open-air, one-way, walk-through haunted forest where appropriate         mask use is enforced, and people can remain more than six feet apart (if                   screaming is likely, distances should be increased)
·  Having an outdoor Halloween movie night with local family friends with people     spaced at least six feet apart (again, if screaming is likely, distances should be           increased)

With a little planning, everyone can have a safe and fun Halloween.


Weekly Focus - Think About It

"In three words, I can sum up everything I've learned about life. It goes on. In all the confusions of today, with all our troubles...with politicians and people slinging the word fear around, all of us become discouraged...tempted to say this is the end, the finish. But life - it goes on. It always has. It always will. Don't forget that."
                                  
--Robert Frost, Poet, on his 80th birthday in 1954

 
Best regards, 
 
Jesse Hurst CFP ®, AIF®
Invesmtent Advisor Representative
 
Impel Wealth Management 
 
P.S.  Please feel free to forward this commentary to family, friends, or colleagues. If you would like us to add them to the list, please reply to this e-mail with their e-mail address and we will ask for their permission to be added.
  
Securities and advisory services offered through Cetera Advisors LLC, member FINRA/SIPC, a broker/dealer and a Registered Investment Adviser. Cetera is under separate ownership from any other named entity.
* These views are those of Carson Coaching, and not the presenting Representative, the Representative's Broker/Dealer, or Registered Investment Advisor, and should not be construed as investment advice.
* This newsletter was prepared by Carson Coaching. Carson Coaching is not affiliated with the named firm or broker/dealer.
* Government bonds and Treasury Bills are guaranteed by the U.S. government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value. However, the value of fund shares is not guaranteed and will fluctuate.
* Corporate bonds are considered higher risk than government bonds but normally offer a higher yield and are subject to market, interest rate and credit risk as well as additional risks based on the quality of issuer coupon rate, price, yield, maturity, and redemption features.
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. You cannot invest directly in this index.
* All indexes referenced are unmanaged. The volatility of indexes could be materially different from that of a client's portfolio. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. You cannot invest directly in an index.
* The Dow Jones Global ex-U.S. Index covers approximately 95% of the market capitalization of the 45 developed and emerging countries included in the Index.
* The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.
* Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is expressed in U.S. dollars per fine troy ounce.
* The Bloomberg Commodity Index is designed to be a highly liquid and diversified benchmark for the commodity futures market. The Index is composed of futures contracts on 19 physical commodities and was launched on July 14, 1998.
* The DJ Equity All REIT Total Return Index measures the total return performance of the equity subcategory of the Real Estate Investment Trust (REIT) industry as calculated by Dow Jones.
* The Dow Jones Industrial Average (DJIA), commonly known as "The Dow," is an index representing 30 stock of companies maintained and reviewed by the editors of The Wall Street Journal.
* The NASDAQ Composite is an unmanaged index of securities traded on the NASDAQ system.
* International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets.
* Yahoo! Finance is the source for any reference to the performance of an index between two specific periods.
* The risk of loss in trading commodities and futures can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage is often obtainable in commodity trading and can work against you as well as for you. The use of leverage can lead to large losses as well as gains.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
* Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
* Past performance does not guarantee future results. Investing involves risk, including loss of principal.
* The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee it is accurate or complete.
* There is no guarantee a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
* Asset allocation does not ensure a profit or protect against a loss.
* Consult your financial professional before making any investment decision.

* Consult your financial professional before making any investment decision.
*To unsubscribe from the Impel Wealth Management please reply to this e-mail with "Unsubscribe" in the subject line, or write us at 2006 4th Street, Cuyahoga Falls, OH 44221.
  
 
Sources: 
https://www.accenture.com/us-en/blogs/technology-innovation/carrel-billiard-out-innovating-covid-19-a-new-perspective-on-our-2020-technology-vision-trends https://www.accenture.com/us-en/insights/consumer-goods-services/coronavirus-consumer-behavior-research https://covid-19tracker.milkeninstitute.org https://www.plasticstoday.com/medical/pandemic-puts-ppe-sector-7-growth-path-through-2026 https://www.barrons.com/articles/the-stock-market-dropped-last-week-why-its-not-time-to-panic-51601079593?mod=hp_LEAD_3 (or go to https://peakcontent.s3-us-west-2.amazonaws.com/+Peak+Commentary/09-28-20_Barrons-The_Stock_Market_Had_a_Bad_Week-At_Least_It_Wasnt_a_Terrible_One-Footntote_5.pdf) https://www.cdc.gov/coronavirus/2019-ncov/daily-life-coping/holidays.html#halloween https://quoteinvestigator.com/2018/04/01/life-goes/



Securities and advisory services offered through Cetera Advisors LLC, member FINRA/SIPC, a broker/dealer and a Registered Investment Adviser. Cetera is under separate ownership from any other named entity. Confidential: This email and any files transmitted with it are confidential and are intended solely for the use of the individual or entity to whom this email is addressed. If you are not one of the named recipient(s) or otherwise have reason to believe that you have received this message in error, please notify the sender and delete this message immediately from your computer. Any other use, retention, dissemination, forward, printing, or copying of this message is strictly prohibited.
 

Is there something we can help you with?  Please call me at 330.800.0182 or email me directly at jesse.hurst@impelwealth.com.

Impel Wealth Management 
2006 4th Street, Cuyahoga Falls, OH 44221    
P: 330.800.0182    TF: 844.422.5550    F: 234.312.0460