February stock markets gave up some of January gains, the major U.S. stock indices closing the month down an average of -4.5%, yet still up an average of 0.85% Y-T-D. <!–more–>Bond prices also dropped in February and hold just positive Y-T-D. All domestic market sectors dropped last month. International stocks also dropped last month but are significantly positive Y-T-D.
China’s economy is reopening as their Covid lockdown ends. There has already been a boost in Chinese demand for world goods and more is anticipated. This demand propels the Chinese and global economies. Investments in international and emerging markets stocks offer participation in this growth. You can also add CDs at an attractive rate to your investment account. Mention your interest to Stacie.
As an annual reminder, you may request from us a printed copy of our unchanged Disclosure Brochure and Privacy Policy. The Disclosure Brochure is part of our State Registration as an Investment Advisor. It is updated annually and posted on our website under “Disclosures”. Regarding our Privacy Policy, we secure your information in our office, both paper and digital records, and release it only with your expressed permission or as required by law.
Snowdrops are blooming and the birds have begun trying out their spring songs. Green spears of daffodils have been up since January. Buds and blooms remain tucked in for even milder days. The full-throated chorus of morning birdsong will mean nest building begins. The evening song of the tiny peeper frogs will announce the arrival of spring. A lot happens in March. And we notice. And revel.