Weaver Consulting Group is a local, family owned, Registered Investment Advisory practice in Huntington Beach, California. We have been providing our expertise and sharing our experiences for the last 22 years.
It is our mission to create a community of confident, informed, and inspired retirees, and as we looked around last night, we were really grateful to see the Weaver Community embodying just that. Thank you to all of you who came, and shared your Thursday evening with us.
For some, retirement is an end to a chapter of your working life. The rules behind retiring have changed in recent years. People are starting to see retirement as an opportunity to enjoy life after careers. Retirement could be a chance to pursue a life long passion or a completely new venture.
This month, Jason Weaver discusses late cycle, market capitalization and dividends. Late cycle breaks down into four phases: early cycle, late cycle, mid cycle and recession. Generally speaking, the wall street consensus is that the U.S. Economy is in late cycle. Characteristics are economic growth, profit margins, sales and high stock market multiples.
Tonight I hosted the 6th official call. We had 8 students on the line so we got right into the economic data. On Wednesday, the FOMC announced it’s monetary policy and they kept the Federal Funds rate steady @ 2.25-2.50%. Their dovish comments sent bond yields diving.
Tonight I hosted the 5th official call on our series of conference calls. We had 7 students on the line tonight. From our previous call, I asked them to research an “internet of thing” stock. We decided to buy Google stock. From that call until today, one of the students texted me several ideas on cyber security stocks that appeared very compelling.
Tonight I hosted the 4th official call. We had 8 students on the line and I jumped right into a market update. In addition to our usual indices update, I covered some important news from the week. The Bureau of Labor Statistics reported an underwhelming 20,000 new jobs for the February non-farm payroll report.
This month, April 2019, Jason Weaver discusses the earnings season, credit spreads and the yield curve. If you would like to subscribe to our monthly 3 in 3 videos, visit our YouTube channel below. At Weaver Consulting Group we’ve come to know through our clients that they like to stay informed about the economy and markets. This is why we’ve come up with “3 in 3.”
Tonight we had an important GDP number to review for the 4th quarter of 2018:
The US economy grew @ 2.6%, which beat the consensus estimate of 2.4%. Most importantly and contrary to many, the US economy was still in Quad 1 in the 4th quarter of this year. We had expected the data to confirm our QUAD 4 call. None of the students questioned the headline number. In my opinion, since the GDP number is subject to revisions, I expected the next report to show a number closer to 2.4%.