Atlanta Wealth Managment

Market Summary

  • Financial markets (DOW, NASDAQ, S&P500) all finished higher for the past month
  • Long-term indicators for an ongoing sector rotation from growth into value remain
    • Short term indicators favor growth as the disparity in performance continues to widen

Factor Analysis



Sector Analysis



Closing Thoughts


  • The chart below shows a 3-year performance of DVY (dividend/value) versus the S&P500 (growth)
  • Sector rotation from growth into value has slowed in recent weeks,
    • performance spread has begun to widen in the short-term
3-YEAR PERFORMANCE DIFFERENTIAL


  • Second chart shows a 3-year comparison of the performance spread between the 2-Y and the 10-Y yields;
  • Investor fears continue as the gap in the yield curve continues to widen
    • narrowing in the shorter term
PERFORMANCE SPREAD DIFFERENTIAL BETWEEN 2-Y BONDS AND 10-Y BONDS


Past Performance is no guarantee of future results

All performance related metrics were gathered from Fidelity Research