 |
Monthly Market Commentary
|
Fiscal Uncertainty, Strong Balance Sheets, and a Pause from the Fed
The month of July repeated a theme we have heard throughout 2012. Earnings continue to exceed expectations and U.S. corporations choose to hold an abundance of cash, rather than invest back into operations. Domestic companies share characteristics of generally strong balance sheets and solid fundamentals. The looming fiscal cliff scheduled for the end of the calendar year has prevented companies from hiring and is having an impact on economic growth.
Click here to continue reading this article
Market Statistics*
|
|
JULY |
YTD** |
|
S&P 500 |
-1.39% |
11.01% |
|
MSCI EAFE Index |
1.12% |
4.46% |
|
MSCI Emerging Markets |
2.05% |
6.25% |
|
Russell 2000 |
-1.38% |
7.03% |
|
Barclays Int US Gov/Credit Index |
0.97% |
3.09% |
* All returns include dividend reinvestments. Source: Bloomberg, LP.
** Year to date through 7/31/2012.
This report is provided for informational purposes only. The report has been compiled with information from third-party sources that OJM Group deems reliable; however we cannot guarantee the accuracy of such information. The account statements you receive from the custodian of your assets is the official record of your account and we encourage you to compare and verify the balances on this statement with the balance information on the statements you receive from the account custodian. OJM Group is a registered investment advisor.
|
AUGUST WEBINAR:
Investing in a Rising Tax Environment
|
The stalemate in Washington has continued deep into the calendar year. If Congress does not take action, the Bush tax cuts are set to expire at the conclusion of 2012. The impact of these expiring tax cuts could be substantial. High net worth investors are facing the prospects of a higher tax bill, which appears more likely with the Supreme Court‘s ruling to uphold the Affordable Care Act. During the webinar, we will provide an update on the most recent developments, and offer guidance on strategies to consider if investors experience a significant tax increase.
Join us for an educational and informative webinar where we will discuss the following:
1. The new “Investment Tax” and defining the “Fiscal Cliff.”
2. Who will be affected?
3. Potential impact to the markets and economy.
4. What actions you should consider NOW!
Our August webinar session will take place on:
Wednesday, August 22, 2012 at 7:00 PM (EDT).
Click here to register for this session!
Kim Renners MBA, CPA (Inactive) is an Investment Manager at OJM Group. Kim has over thirteen years of experience as a financial analyst in the financial services and investment management industries. Her extensive background in portfolio management, trading, research, and taxation and is ideally suited to help meet the needs of OJM clients.
Andrew Taylor CFP® is an Investment Manager with 15 years of experience working with affluent individual investors. His career in the financial industry has focused on providing customized investment management, and comprehensive wealth planning in a tax efficient manner for his clients.
We look forward to meeting you during an upcoming webinar session!
|
Contact Us
|
Do you have questions about your investments? Contact us at:
877-656-4362
Disclosure:
This newsletter contains general information that is not suitable for everyone. The information contained herein should not be construed as personalized investment advice. Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this newsletter will come to pass. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.
OJM Group, LLC (OJM) is an SEC registered investment adviser with its principal place of business in the State of Ohio. OJM and its representatives are in compliance with the current registration and notice filing requirements imposed upon registered investment advisers by those states in which OJM maintains clients. OJM may only transact business in those states in which it is notice filed, or qualifies for an exemption or exclusion from notice filing requirements. This newsletter is limited to the dissemination of general information pertaining to its investment advisory services. Any subsequent, direct communication by OJM with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information
pertaining to the registration status of OJM, please contact OJM or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov).
For additional information about OJM, including fees and services, send for our disclosure brochure as set forth on Form ADV from OJM using the contact information herein. Please read the disclosure brochure carefully before you invest or send money.
|
