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Luke Johnson of Legend Capital Group, Inc. Honored With the 2014 Five Star Wealth Manager Award

Luke Johnson named one of Phoenix’s outstanding wealth managers.

Scottsdale, AZ (PRWEB) July 16, 2014

Five Star Professional is pleased to announce Luke Johnson, Legend Capital Group, Inc., has been chosen as one of Phoenix’s Five Star Wealth Managers for 2014.

Five Star Professional partnered with Phoenix Magazine to recognize a select group of Phoenix area wealth managers who provide quality services to their clients. Luke Johnson will be featured, along with other award winners, in a special section of the September issue.

“It's an honor to be chosen for this year's prestigious list of award-winning wealth managers. I have been an advisor...


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Second Quarter 2014 Financial Market Commentary

July, 2014

 Don’t Fight the Fed

During the first half of 2014, all financial assets rallied in unison reflecting investor optimism that global central bank policies will succeed in generating economic growth. During the second quarter, REITs (7.13%) and Emerging Markets stocks (6.68%) led the way followed by U.S. Large Cap stocks (5.21%), Mid Cap stocks, International stocks, Commodities, and Bonds (See Tables #1 and #2). The last time such a broad rally in all asset classes occurred within the first half of a year was 1993.

The financial...


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First Quarter 2014 Financial Market Commentary

April, 2014

A Slow Grind Higher for Most Risk-Based Assets


During the first quarter, investors’ conviction in U.S. stocks was challenged by geopolitical tensions in the Ukraine, talks of overvaluations in stock prices, harsh winter weather, soft economic news out of China and mixed economic data in the U.S. As the first quarter came to a close, the anticipated increase in economic growth had yet to arrive.

Nevertheless, U.S. stocks continued...



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11

March

ONWARD AND UPWARD

Admin

Onward and Upward – March 11, 2014

 

The stock market is transitioning from a macro-driven (Fed Bond Buying, Tax Increases, Budget Cuts, Budget Deficit/Debt Ceiling, European Debt Crisis), easy monetary policy environment to a more traditional, fundamental-driven (economic statistics, corporate earnings) environment. When undergoing such a transformation, the potential for elevated stock market volatility certainly exists. We’ve seen this play out during the month of January and so far during the month of March.

 

Currently, we believe the fundamentals lack clarity. The economic data and fourth quarter corporate earnings reports have been mixed. In order for stocks to continue moving higher in price,...


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12

February

FINANCIAL MARKET UPDATE

Admin

Financial Markets Update – February 4, 2014 

 

The S&P 500 Index ended the month of January with its first monthly loss (-3.45%) since August 2013 and the largest monthly decline since May 2012. February did not begin any better with the S&P 500 declining another 2.2% yesterday. The YTD sell-off in stocks has been driven by emerging market currency declines, weaker than expected economic reports from China and the U.S., and anxiety over Fed tapering. Conversely, bonds and gold have rallied in price this year with the 10 year U.S. Treasury yield declining 45 basis points and the price of gold rising 4.5% thru yesterday.

 

We believe this weakness in stock prices reflects investor nervousness after huge gains last year and is not...


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