Quarter Ends Well Despite Trade War, Inverted Yield Curve & Political Crisis

Published Friday, September 27, 2019 at: 7:00 AM EDT

Despite frightful financial news, the third quarter of 2019 ended with American stocks just 1.5% off its all-time high on July 26th.

Over the last 12 months, which includes a -19.8% bear market loss last Christmas, the Standard & Poor's returned +2.1% in value.

Year to date, the S&P 500 returned 19%, despite rising fears over the:

  • U.S. political crisis
  • trade confrontation with China
  • inversion of the yield curve
  • growing chorus of recession predictions

No one can predict financial economic conditions, but we do know consumer income and spending are about as strong as ever in post-War American history.

Despite the increasingly grim news about financial economic conditions, the political crisis, and an expected slowdown in the rate of GDP growth for the next decade, the Standard & Poor's 500 stock index ended the quarter well.

Fairly valued relative to its long-term history, the S&P 500 closed on Friday at 2,961.79.


This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial or tax advice without consulting a professional about your personal situation. Tax laws are subject to change. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. No one can predict the future of the stock market or any investment, and past performance is never a guarantee of your future results.

This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

2024

    2023

    2022

    2021

    2020

    2019

    2018

    2017

    2016

    2015


    Investment Updates

    Newsletters Sign Up

    Account Login

    Contact Info

    Kohlhepp Investment Advisors, Ltd.
    3655 Route 202, Suite 100
    Doylestown, PA 18902
    Phone: 215-340-5777
    Fax: 215-340-5788
    Email: Info@KohlheppAdvisors.com

    Securities offered through Cambridge Investment Research, Inc. a Registered Broker/Dealer, Member FINRA/SIPC. Investment Advisory Services offered through Kohlhepp Investment Advisors, Ltd., a Registered Investment Advisor. Kohlhepp Investment Advisors, Ltd. and Cambridge Investment Research Advisors, Inc. are not affiliated.

    Due to various state regulations and registration requirements concerning the dissemination of information regarding investment products and services, we are currently required to limit access of the following pages to individuals residing in states where we are currently registered. We are licensed in the following states: AZ, CA, CO, DE, FL, GA, IN, KY, LA, MA, MD, NC, NJ, NY, OR, PA, RI, SC, TX, VA, VT, WA


    Check the background of this firm on FINRA's BrokerCheck