Monday, Aug 22

Weekly Talking Points for Financial Advisors (8/22/2022)

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:

Retail sales were flat for July, which was slightly weaker than the median estimate of a 0.1% gain, though it had some encouraging data under the hood. Falling gas prices significantly held back spending growth, but relief at the pump allowed consumers to focus their spending on other areas, such as online shopping, which rose 2.7%.

Industrial production rose 0.6% in July, fueled by motor vehicles and mining. However, it was less rosy in other areas of the economy, such as consumer goods, as retailers continue to try to shed excess inventories. The gain was double the consensus estimate with a +0.2% positive revision to June’s reading.

* As a side note, industrial production is one of the key indicators the NBER uses to determine recessions.

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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.