SUREVEST BLOG

Another record was set on Wall Street this week when  Amazon (AMZN) became the second company in the world to breach the $1 trillion market capitalization mark. Sorting through old media clips, I came across a bold prediction made by Robert Luna, Surevest CEO and Chief Investment Strategist.

The Emerging Markets have received a lot of attention lately. This week, the country of India was presented with an investment endorsement from Warren Buffett’s Berkshire Hathaway (BRKA). 

In 1982 the chances of having twins was three per 1,000 births. I’m one of those three. The number of babies born with Down syndrome each year? One in 6,000. My little sister, Diane, is one them. The number of living kidney donations estimated to be completed in 2018? Nearly 6,000. We are one of them.

For the past couple of months, I was here at Surevest, as an intern – this was my third summer in a row working with the team.

A new record has been set on Wall Street despite fears of a yield curve inversion, emerging market distress and negative political news for the U.S.

The U.S. equity markets have had mixed results over the last five business days due to the volatile ride of the Turkish Lira currency crisis.

If you decide to use some of your wealth to make the world around you a better place, then you must also decide on a vehicle for making your charitable donations.

The broader U.S. equity indexes were in positive territory over the last 5 business days.  The S&P 500 price return was 1.14%, while the Dow Jones Industrial Average had a gain of .99% and the NASDAQ Composite Index had a small increase of .41%.

The world central banks were busy this week. The Federal Reserve, the Bank of England, the European Central Bank and the Bank of Japan announced their latest views of the health of their respective economies.

Surevest would like to help two of our clients, Tom and Cathy Brock, welcome their new grandson, Graham Jefferson, to the family. Congratulations on your first grandchild, Tom and Cathy!

This week, we wanted to share the story of Surevest clients Dr. Jennifer Hall and Dr. David Mount, two retired University of Arizona molecular and cellular biology professors that found an innovative solution to a problem that many Arizonans face in the summer – a high water bill.

Caroline Ciocca, president and CEO of Make-A-Wish® Southern Nevada, and a client of Surevest, shared with us a unique partnership they have with Las Vegas-based Allegiant Air.

After 3 long months, on March 26, 2018, I passed an exam administered by the College of Financial Planning which granted me the Financial Paraplanner Qualified Professional™ (FPQP™) designation.

This week, we wanted to share the story of Surevest client, Don Headley, MD, a former surgeon at St. Joseph’s Hospital in Phoenix.

This Father’s Day I decided to start a new tradition by planning an annual “Daddy Daughter” trip. My daughter Bella turned 10 this year…boy time flies!

This coming Tuesday, August 7th, is National Night Out, an annual community-building event that has been taking place in participating cities since 1984.

A couple weeks ago, I enjoyed one of the best vacations of my life.  We were celebrating my parents’ 80th birthdays.

For the last 10 years, I have been sponsoring young children through Compassion International, and this past year, I decided to sponsor a new child in Haiti, Watson Don, through the Chanje Movement. When I signed up to sponsor Watson at the women’s conference at my church, they mentioned that I could go on a mission trip with them to meet him in person. I have always wanted to serve on a mission trip, but I never seemed to find the right opportunity.

As I sit here after the Vancouver half marathon, tired, achy, and sore, I am still in disbelief and incredibly thankful for the journey that it took to be able to complete something like this.

Surevest CEO and Chief Investment Strategist, Robert J. Luna, shares our Equity Barbell approach to today’s market.

With a fully valued market, monetary policy headwinds and trade tensions, we are expecting to see a very similar second half of 2018 to what we witnessed in the first. We are expecting increased volatility with the major averages not straying too far from their current price levels.

Well, it is definitely a lot of work, but it is also a lot of fun! There is never a dull moment in our house and I enjoy each new stage my four-year-old boys go through more than the last. The first two years were by far the toughest due to the sleep deprivation in year one and then trying to keep two bruise-prone toddlers safe in year two.

“Who here wants to learn about making money?” This is the opening line that our very own Senior Wealth Advisor, Peter Burnham, CFP®, has used over the last three years when teaching underprivileged high school students in Washington, D.C. about the basics of money and investing.

As we prepare for the 4th of July festivities, I wanted to share what has been my favorite 4th of July destination since I was a kid. The Balboa Peninsula in Newport Beach, CA.

Located in Boca Park Fashion Village in Las Vegas, NV Surevest clients, Seifu Haile and Messert Zeleke run Bistro Blends of Napa Valley Inc.

As the week comes to an end, there are two items that are worth noting. The first is regarding our economy and continuing escalation of global tariffs. The second is a sector rotation shift that has been identified in U.S. markets.

Director of Trading and Research, Luis Galdamez, recently celebrated a graduation for his wife, Denise who, received her Bachelor’s of Science in Nursing degree from California State University Dominguez Hills.