Total Returns % 1 Week 1 Month 3 Month 1 Yr Avg 3 Yr Avg 5 Yr Avg YTD
Dow Jones 2.38 8.38 7.71 14.96 -4.86 3.55 6.26
NASDAQ 0.83 10.30 6.83 13.61 -4.29 2.34 4.68
S&P 500 2.07 9.41 7.54 11.55 -6.78 0.99 4.54
Russell 2000 3.02 12.79 6.32 12.95 -4.54 1.83 8.23
MSCI All Country World 2.24 9.44 9.47 6.66 -9.07 0.65 1.91

Source: Morningstar, Inc.  Data through 09-24-10 

This past week has been the norm as of late.  The Dow Jones’ winning streak reached five days early in the week and equities were at their highest level in four months.  The Fed released a statement following their policy meeting that they are prepared to act and buy more government debt if need be to stimulate the economy.  However, the markets took a turn for the worse on Thursday when reports showed new jobless claims were unexpectedly higher and indications are that Europe’s industrial production is slowing.  However, a new winning streak started on Friday with good news of a surprising jump in US manufactured goods and some stability in the sale of new homes.  The international markets were also encouraged by Germany’s stronger than expected business confidence.  The equities markets closed higher for the fourth straight week.

The upcoming week will include reports of the September consumer confidence level and the revised 2nd quarter GDP estimate.  As the 3rd quarter comes to a close, you can also expect to see investors take profits and rebalance their portfolios for the last quarter of the year.  Historically, September has not been a good performing month for the stock market.  However, equities are on pace for their best September since 1939.

Would you like an analysis of your current investment portfolio?  Call me to schedule your free consultation- 913.693.7918.

John P. Chladek, MBA, CFP® is the President of Chladek Wealth Management, LLC, a fee-only financial planning and investment management firm specializing in helping families and couples who are not yet retired realize their financial goals.  For more information, visit https://www.chladekwealth.com.

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