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Nick Pirsos, Wealth Advisor at MRA Advisory Group, published his updated view of equity markets. You are invited to schedule a complimentary first meeting (via the link below) to discuss his views in greater detail and learn how to optimize your portfolio to better attain your retirement goals.

The National Football League completed its college draft this past weekend with the professionals restocking their talent pool with young hopefuls hoping to carry their respective teams to next year’s Super Bowl. Has your investment portfolio been refreshed to help take you to Retirement Land?

A quick look at the performance of global equity markets in April sees a continuation of positive monthly returns, extending their gains from last October’s lows. On balance, stocks last month gained 1.25% with UK leading the pack up 3.1%. YTD, equities have increased 9.2% on average.

While stock prices continue to climb the proverbial “Wall of Worry”, we are starting to see that recent gains are once again beginning to be concentrated among an elite few.  An early warning sign that could be signaling the rally is losing steam. Through the first quarter of year there has been about an equal number of stocks gaining versus losing in value. The key driver to the index’s overall outperformance has been outsized gains in a handful of well-known mega-cap names like Apple, Microsoft, Nvidia, Amazon & Google. April witnessed a continuation of this trend. For equities to maintain their upward momentum, a broadening out-of-stock gains will soon be required.

Interestingly enough we see the same concentration of expectations in another Americana staple coming up in May, the Kentucky Derby. At present, of the 24 entrants, only two horses display winning odds in single digits. We don’t suggest taking investing cues from the race track but if a moderate long-shot at 22-1, Confidence Game, dons the roses next week, we may start feeling better about the investing outlook. Lol.

As the US corporate earnings season rounds the last turn, which to date results have been modestly better than expected, investors will begin to take direction from various intra-quarter macro events including US Congressional Budget/Debt ceiling discussions, Fed speak on interest rate direction, bank bailout developments, ongoing Russia/Ukraine progress and notably US GDP trends which recently downshifted in 1Q23 to 1.1%.

Unsure which security to select for your investment draft or which sector to place you bet on to find the winning circle in these volatile times – we are here to help.

ACTION PLAN: “How do you know when you have arrived, if you don’t know where you are going?”

Call us today and we can help you align and optimize your Savings and Retirement funds with your Lifestyle Plan to current and expected investment market conditions.

Specifically, we can assist you with these and other personal advisory services:

  • Building consistent monthly investment income.
  • Strategies to mitigate monthly equity volatility.
  • Identifying your portfolio’s current and long-term expected risk/opportunity preferences.
  • Capital gains tax optimization.
  • Or any other personal Financial Planning and Retirement Savings needs including College Planning/529 Plans, Insurance (Life, Disability, Group Health), Wills and Estate Planning.
  • Small Business owners, we can help improve employee retention by creating low-cost 401K plans, Pension Plans and Group Medical Health Insurance programs and maximize owner tax deferred contributions.

Feel free to share our views with family or friends who are also confronted with this important life Wealth Planning decisions. MRA Advisory Group and I are ready to discuss all your investment concerns to best position your Retirement Goals.

We offer a broad spectrum of affordable, custom-tailored, subscription services.

Your answers and solutions are one click away! To get started, simply click the “Let’s Talk” button for your free Zoom consultation!

Advisory Services are offered through MRA Advisory Group, a Registered Investment Adviser. This information was developed by Broadridge, an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. The investments and strategies mentioned may not be suitable for all investors. Past performance is no guarantee of future results. Nothing herein, nor any attachment, shall be considered to constitute (i) an offer to sell, nor a solicitation of an offer to purchase, any security, or (ii) tax or legal advice.

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