Monday, Aug 08

Weekly Talking Points for Financial Advisors (8/08/2022)

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.

Read the highlights of this week's commentary from Helios:

Job gains more than doubled forecasts with 528K new jobs compared to the 250K median forecast. Further, prior data was revised upwards by 28K as well, putting employment back to pre-pandemic levels.

The unemployment rate ticked down to 3.5% after holding at 3.6% since March. However, the participation rate declined slightly as well to 62.1%, down from 62.2% in June and 62.3% in May.

The ISM Manufacturing Index fell slightly in July to 52.8, from 53.0, but remained in expansionary territory (above 50). On the positive side, durable goods and factory orders both increased 2.0% in June, an acceleration from 1.9% and 1.8%, respectively, in May.

Want to learn more about Helios Quantitative Research? Click Here to schedule a meeting with one of our representatives!

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.