Episode 8

Published on:

23rd Jun 2021

Monthly Market Update - May 2021

In this installment of our Monthly Market Update, Homer examines the market’s performance throughout May 2021, the economic data behind the market’s performance, and the death of the 60/40 Portfolio.

Overall, the S&P 500 remained a relatively flat month, showing some fluctuation as the month progressed. Also, as expected, Homer noticed Industrials and Financials outperformed the Broader Market, showing slight growth.

So sit back, relax, and enjoy Homer’s insights on last month’s market trends and what we can expect as we move throughout the summer as a whole!  


0:07 - Overview on today's Market Update and topics of discussion

0:58 - May's market performance overview, beginning with S&P 500

1:52 - Industrials and Financials outperformed the Broader Market

3:07 - The economic indicators Homer's team is analyzing regularly

4:50 - Analyzing GDP and inflation throughout recent history

6:15 - The Death of the 60/40 Portfolio

8:28 - True diversification requires four macro quadrants

10:40 - Asset correlation pertaining to the 60/40 Portfolio

11:50 - Summary of the Market Update

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About the Podcast

Advance Your Wealth With Homer Smith
Financial advice to generate the results you expect and desire
Advance Your Wealth With Homer Smith provides you and your business with the financial advice needed to make calculated decisions moving forward. With over 18 years of industry experience, Homer Smith, Private Wealth Advisor with Konvergent Wealth Partners, understands the importance of a commitment to customer service and strives to help clients pursue their financial goals towards aspirations and retirement.

Each episode we'll take a deep dive into a different complex topic surrounding personal and business wealth management. So sit back, relax, and enjoy enlightening conversations that highlight an array of financial questions and topics.

Investment advice offered through Integrated Financial Partners, doing business as konvergent wealth partners, a registered investment advisor.