Friday, June 28, 2019

Fireworks Fun

“Peek of the Week”
Fourth of July Commentary
June 28, 2019


Fireworks Fun

In July 1776, John Adams had the following to say about the importance of America’s Independence Day:

I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival… … It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires, and illuminations from one end of this continent to the other, from this time forward forever more.

From the very first 4th of July in 1777, fireworks made of black ash were shot off and we have only gotten bigger, brighter, and louder ever since. Test your fireworks knowledge by matching the terms below:

1.    Firecrackers             A. Versions include Jumping Jacks and Blooming Flowers

2.    Smoke Bombs         B. Cone-shaped device that shoots colorful sparks

3.    Fountains                C. Black Cats, M-80, and Lady Fingers

4.    Ground Spinners     D. Shots from device with a crackle, flash, or explosion

5.    Aerial Repeaters     E. Whistle while taking off and explode at peak height

6.    Roman Candles      F. Tubes bundled together to form a “cake” looking device

7.    Bottle Rockets         G. Don’t generally explode, but does emit a variety of colors

Fireworks are a lot of fun, but they must be used legally and safely. Know the laws in your city and state before lighting up. Additionally, adhere to these guidelines to ensure all have a safe holiday:

  • Don’t mix fireworks and alcohol
  • Always have water handy
  • Don’t try to re-light duds
  • Keep fireworks away from home, dry grass, and trees
  • Don’t shoot off fireworks in glass or metal containers
  • Don’t light fireworks in your hand
  • If children are setting off fireworks, always have adult supervision

We wish you a fun and safe holiday. And, if you have concerns about the safety of your investments, please let us know so we can discuss.

Quiz Answers:
1-C, 2-G, 3-B, 4-A, 5-F, 6-D, 7-E



Best regards,

Leif M. Hagen
Leif M. Hagen, CLU, ChFC


v  The above material was prepared by Carson Coaching.

v  Photo by Sabrina Wishak, @swishak 

Monday, June 24, 2019

Only time will tell


“Peek of the Week”
Weekly Market Commentary
June 24, 2019

The Markets

Everything went up – and that’s unusual.

Randall Forsyth of Barron’s explained, “Like our major political parties, the stock and bond markets seem to live in two different worlds these days. The former sits at record levels, suggesting we live in the best of all possible worlds. The latter sees things as bad and only getting worse.”

Here’s what happened last week:

The Federal Open Market Committee met last week (they decide whether the central bank of the United States should push rates higher or move them lower). It left rates unchanged, but indicated a willingness to lower rates in support of economic expansion. That was music to the ears of some investors and the Standard & Poor’s 500 Index rose to a record high, reported Sue Chang and Mark DeCambre of MarketWatch.

The Fed’s song was the same as the one already playing across the world. Central bankers in Europe and Japan had signaled they were willing to encourage economic growth by easing rates lower and using other tools available, reported Leika Kihara and Daniel Leussink of Reuters. Their attitude helped push world stock markets higher.

Last week, the U.S. bond market gained value, too, as interest rates moved lower. Falling interest rates suggested bond investors were hearing a different tune. When investors are willing to accept lower yields, it suggests they’re worried about what may happen and are seeking safety. In some parts of Europe, investors are accepting negative yields – taking small losses to own government bonds they perceive to be safe – because they are pessimistic about the future.

There is plenty to be concerned about, including ongoing trade issues and conflict in the Middle East. Only time will tell how recent events will affect the U.S. and world economies.


Data as of 6/21/19
1-Week
Y-T-D
1-Year
3-Year
5-Year
10-Year
Standard & Poor's 500 (Domestic Stocks)
2.2%
17.7%
7.3%
12.2%
8.5%
12.7%
Dow Jones Global ex-U.S.
2.8
11.2
-2.7
5.8
-0.1
4.5
10-year Treasury Note (Yield Only)
2.1
NA
2.9
1.7
2.6
3.7
Gold (per ounce)
3.4
9.0
10.4
3.2
1.2
4.3
Bloomberg Commodity Index
1.3
2.8
-8.8
-3.8
-10.4
-4.2
S&P 500, Dow Jones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods.
Sources: Yahoo! Finance, MarketWatch, djindexes.com, London Bullion Market Association.
Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N/A means not applicable.

A land without time. You may have heard: Sommaroey Island in Norway may do away with time. Residents of the island don’t experience time as people elsewhere do. From May to July, the sun doesn’t set on Sommaroey. From November to January, it doesn’t rise.

Proponents of a time-free island zone say it would reduce stress. “…the change would not mean that shops are open 24/7, but that residents could make better use of the daylight,” reported ABC News.

Living without time is an astonishing idea.

In modern life, time is a critical organizational tool. We divide our experience into centuries, years, daytime and nighttime, hours and minutes. Our actions are informed by schedules. We need to arrive at class, at work, at the bus stop, at a restaurant, or at a ballgame at a specific time.

However, time is not nearly as straightforward as it seems.

In a review of Why Time Flies: A Mostly Scientific Investigation, The Economist opined, “Time is such a slippery thing. It ticks away, neutrally, yet it also flies and collapses, and is more often lost than found. Days can feel eternal but a month can gallop past. So, is time ever perceived objectively? Is this experience innate or is it learned? And how long is ‘now,’ anyway? Such questions have puzzled philosophers and scientists for over 2,000 years.”

Residents of Sommaroey have been pondering life without time and whether it is actually possible. The leader of the move to abolish time told ABC News, living without time, ‘is a great solution but we likely won't become an entirely time-free zone as it will be too complex.’

Weekly Focus – Think About It

“How did it get so late so soon?”
--Dr. Seuss, American author

Best regards,

Leif M. Hagen
Leif M. Hagen, CLU, ChFC
LPL Financial Advisor

P.S.  Please feel free to forward this commentary to family, friends, or colleagues. If you would like us to add them to the list, please reply to this email with their email address and we will ask for their permission to be added.

Securities offered through LPL Financial Member FINRA/SIPC.

* These views are those of Carson Coaching, and not the presenting Representative or the Representative’s Broker/Dealer, and should not be construed as investment advice.
* This newsletter was prepared by Carson Coaching. Carson Coaching is not affiliated with the named broker/dealer.
* Government bonds and Treasury Bills are guaranteed by the U.S. government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value.  However, the value of fund shares is not guaranteed and will fluctuate.
* Corporate bonds are considered higher risk than government bonds but normally offer a higher yield and are subject to market, interest rate and credit risk as well as additional risks based on the quality of issuer coupon rate, price, yield, maturity, and redemption features.
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. You cannot invest directly in this index.
* All indexes referenced are unmanaged. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment.
* The Dow Jones Global ex-U.S. Index covers approximately 95% of the market capitalization of the 45 developed and emerging countries included in the Index.
* The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.
* Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is expressed in U.S. dollars per fine troy ounce.
* The Bloomberg Commodity Index is designed to be a highly liquid and diversified benchmark for the commodity futures market. The Index is composed of futures contracts on 19 physical commodities and was launched on July 14, 1998.
* The Dow Jones Industrial Average (DJIA), commonly known as “The Dow,” is an index representing 30 stock of companies maintained and reviewed by the editors of The Wall Street Journal.
* The NASDAQ Composite is an unmanaged index of securities traded on the NASDAQ system.
* International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets.
* Yahoo! Finance is the source for any reference to the performance of an index between two specific periods.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
* Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
* Past performance does not guarantee future results. Investing involves risk, including loss of principal.
* You cannot invest directly in an index.
* Stock investing involves risk including loss of principal.
* The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee it is accurate or complete.
* There is no guarantee a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.
* Asset allocation does not ensure a profit or protect against a loss.
* Consult your financial professional before making any investment decision.
* To unsubscribe from the “Peek of the Week,” please reply to this email with “Unsubscribe” in the subject line or write us at: Hagen Financial Network, Inc.; 4640 Nicols Rd – Suite 203; Eagan, MN 55122.


Sources:
Photo by Matthew Henry from Burst 

HAGEN FINANCIAL NETWORK

HAGEN FINANCIAL NETWORK
Hagen Financial Network, Inc

Follow by Email

MEMBER FINRA/SIPC

Securities offered through LPL Financial.
Member FINRA/SIPC. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: MN, WI, IA & LA.
www.HAGENFN.com
www.FINRA.com
www.SIPC.com

FIND US - Directions

Followers

Translate