Monthly Report: August 2022
At least for the month of July!
Due to business obligations, we will not be distributing a report for the month of August.
Check back in September for the latest analysis from our Chief Investment Strategist, Scott Tremlett, CFP®, ChFC®.
Year to date (through 7/31/2022):
- the Dow is down -8.60%1,
- the S&P 500 is -12.58%1 lower,
- the NASDAQ is -20.47%1 lower,
- and Bonds are -8.16%1 lower.
1JP Morgan; Weekly Market Recap; accessed 8/01/2022
The views expressed represent the opinion of Paramount Associates. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Stated information is derived from proprietary and non-proprietary sources believed to be correct and current, but it should not be regarded as complete, an endorsement or personalized investment advice. Forward looking statements are speculative and based on assumptions as well as known and unknown risk and uncertainties. Past performance is not indicative of future results. The appropriate- ness of an investment or strategy will depend on an investor’s circumstances and objectives. These opinions may not fit to your financial status, risk and return preferences. Nothing contained herein constitutes financial, legal, tax, or any other type of advice. A professional advisor should be consulted before implementing any investment strategy.
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