half-time 2013 {insert date} | {insert location} {insert company logo}
TRANSCRIPT
HALF-TIME 2013
{Insert Date} | {Insert Location}
{Insert Company Logo}
Words We Learned (or made up) in 2013
Tapering
What does this word mean?A) Taping two pieces of paper togetherB) Changing the width of your pantsC) The Federal Reserve is lowering the amount of
assets they buy
Agenda
Where We’ve Been
2013 Performance (Through 6.30.2013)
S&P 500(Domestic
Stocks)
+12.6%
DJ Global ex US (Foreign Stocks)
-1.1%
10-year Treasury
Yield+2.49%
Gold-28.2%
Consumers Remain Resilient
Despite higher taxes, consumers continue to spend more and gain confidence
Consumers confidence at five-year highs
Where We Are
Rising stock and home prices creating “Wealth Effect”
U.S. is still a “Tale of Two Nations” Consumers gaining confidence despite
structural economic issues Corporations have lowered expectations Geopolitical tensions bubbling Stocks trading just below all-time highs
What to Watch
Fed Exit – Impact on Financial Markets China’s Economy Slowing European Economy Money Flows: Will We See Great Rotation? Geo-Political Risks