News & Investment Updates From Hemlock Creek Wealth Management
Investment Update
A ‘Magnificent’ Change In U.S. Equities Leadership
Every market seems to develop a group of stocks everyone generally agrees on. For the last several years, that group had seven members and a nickname.
Owning them worked. Not owning them cost you. And the longer that went on, the more it started to look like a rule instead of a stretch of very good performance.
This year, the group has been quiet and the market has gone up anyway.
Recognizing a change like that in advance sounds easier than it is. You would have needed to know when the old leadership was ending. Then what would replace it. Then when the new leadership was established enough to act on. We would rather require evidence than depend on getting that sequence right.
This month’s Note digs into the changing leadership in U.S. equities, the cost of waiting for confirmation, and why a systematic invest process does not need to be the first to recognize a new trend.
But first, here’s a summary of the global asset classes utilized in our portfolios and their exposures for September.
News
Medicare vs. Medicaid: The Woody & Buzz of Retirement Healthcare
If you know the Toy Story movie franchise, think about the iconic duo of Woody and Buzz Lightyear. Both show up in Andy’s room with the same overarching mission: be there for their kid. But their toolkits couldn’t be more different. One is a pull-string cowboy built on traditional grit; the other is a high-tech Space Ranger equipped with lasers and a karate-chop action.
In retirement planning, Medicare and Medicaid operate in a similar same way.
Archive: News & Investment Updates
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