Equities reversed course in September with the S&P 500 losing 3.8% for the month after a robust recovery during the summer.
International equities held up better during the month but were still slightly negative.
Bonds were flat for the month with the FED signaling continued accommodative monetary policy for the foreseeable future.
Source: Morningstar. Past performance is no guarantee of future results. Please note that indexes are for comparison purposes only. An index is not an investment, does not incur fees or expenses and is not professionally managed. It is not possible to invest directly in an index. There is an inverse relationship between interest rate movements and bond prices. Generally, when interest rates rise, bond prices fall and when interest rates fall, bond prices generally rise. Bond prices and yields are subject to change based upon market conditions and availability. If bonds are sold prior to maturity, you may receive more or less than your initial investment. Diversification does not ensure a profit or guarantee against a loss. Investing involves risk and you may incur a profit or loss regardless of the strategy selected. Every investor's situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Prior to making an investment decision, please consult with your financial advisor about your individual situation. The information contained in this report does not purport to be a complete description of the securities, markets, or development referred to in this material. The information has been obtained from sources considered to be reliable but we do not guarantee that the foregoing material is accurate or complete. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Any opinions are those of Consolidated Planning Corporation and not necessarily those of RJFS or Raymond James. Expressions and opinions are as of this date and are subject to change without notice. The Russell 2500 is a market cap-weighted index that includes the smallest 2,500 companies covered in the Russell 3000 universe of United States-based listed equities. The Standard & Poor's 500 (S&P 500)is a broad-based measurement of changes in stock market conditions based on the average performance of 500 widely held common stocks. The MSCI EAFE is a measurement of the performance of approximately 900 securities listed on the stock exchanges of Europe, Australia, and the Far East. It is arithmetic average weighted by market value, and it is calculated on a total return basis, which includes re-investment of gross dividends before deduction of withholding taxes. Index created by Morgan Stanley. The Barclays Capital Aggregate Index measures bonds rated investment grade or higher. The Barclays Municipal Index covers the USD-denominated long-term tax exempt bond market. The Dow Jones Industrial Average tracks the performance of 30 large cap stocks. The MSCI Emerging Markets is designed to measure equity market performance in 25 emerging market indices. International investing involves special risks, including currency fluctuations, differing financial accounting standards, and possible political and economic volatility. The companies engaged in the communications and technology industries are subject to fierce competition and their products and services may be subject to rapid obsolescence.
Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC. Investment advisory services are offered through Consolidated Planning Corporation. Consolidated Planning Corporation is not a registered broker/dealer and is independent of Raymond James Financial Services.
Investment advisory services are offered through Consolidated Planning Corporation. Consolidated Planning Corporation is not a registered broker/dealer and is independent of Raymond James Financial Services. Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.