China, North Korea and the United Kingdom have combined to produce some negative headlines so far this year. Yet here in the U.S., the consumer seems to be showing signs of life. Thanks in part to continued low gas prices, U.S. consumer spending is approaching a seven year high which matters greatly for an economy that is 70% based on such consumption.
Consequently, the markets are on a bit of an upward trend so far this year. While this trend can always be interrupted by headline events – particularly those featuring international economics which are not nearly as strong as ours – we expect the year to continue to trend positively and 2016 to conclude slightly better than the long term historical averages of 8-10%.
In addition, we don’t particularly view the current election cycle as having much of a market impact. Our federal government will continue to be politically divided which is a recipe that the markets favor over having one party with all the control.
In other news, as the enclosed sheet describes, we will be transitioning from our current name to Nelson Financial Planning. Our new name more accurately describes the services we offer – we are so much more than just Investment Planning these days. As part of this transition, we will be utilizing Facebook, Twitter, Google and Soundcloud to augment our internet presence and complement the accessibility of our existing radio show “Dollars and Sense”. Be sure to look us up on any or all of these outlets and become a “follower”.
Those that attend our fall meetings listed below will get a special gift featuring our new logo so be sure to come! These meetings are also an opportunity for you and your guests to hear directly from senior investment personnel. They are held at the Country Club of Orlando located at 1601 Country Club Drive in Orlando. Jennifer Rexinis with MFS will be providing a current analysis of the economy and the markets and David Hanna with the American Funds will provide a year-end perspective and a look ahead to 2017. CALL US NOW AT 407-629-6477 OR CLICK HERE TO RESERVE YOUR SPACE AND PLEASE INVITE YOUR FRIENDS.
Tuesday, September 13, 2016 from 5:30 – 7:00 PM
Jennifer Rexinis, Director, Investment Product Specialist, MFS Investments
Country Club of Orlando with drinks, dinner and free valet parking
Saturday, October 29, 2016 from 9:00 – 10:30 AM
David Hanna, Regional Vice President, American Funds
Country Club of Orlando with buffet breakfast and free valet parking
As usual, we are required to provide you with a copy of the enclosed Business Continuity Plan for your reference and use in case a big hurricane rips through the office building and you need to contact us.
If you have not been in to see us lately, please call the office to arrange a review . We look forward to seeing you soon particularly on September 13 and October 29.