Monday, Nov 15

Talking Points of the Week for Financial Advisors (11/15)

As an OCIO, Helios distributes a 19-page Weekly Report to member firms every Friday, which includes risk level summaries, model allocations, detailed model positioning information, market index information, and much more. Here, we are sharing discussion points for Financial Advisors to use with their clients which we provide in the Weekly Report.

The University of Michigan’s consumer sentiment survey tumbled in November, with inflation being a major concern and pushing the index to a decade low, 66.8.

A record number of people quit their job in September, with 4.4 million people leaving their jobs voluntarily. The jobs market continues to be tight, with over 11 million job openings across the country and an area of stress for businesses.

With the vast majority of the S&P 500 having reported third quarter results, the S&P 500 is reporting the second-highest revenue growth in over a decade.

October’s Consumer Price Index showed higher than expected inflation, with prices rising 6.2% year-over-year (0.9% month-over-month) versus an expected 5.9% gain. Energy was a major component of the increase, though other increases were fairly broad-based across the economy. Please see our Research Supplement from Wednesday that got into more of the details.

Team Helios

Team Helios

Helios partners with Financial Advisors to help them grow their business, save time, and add scale to their services through enhanced asset management capabilities. Helios was founded in 2016 in Granite Bay, California.