Updates, Tips, & Finance News

We had a bit of a wild week in the markets last week.

There's been a sharp sell-off in emerging markets, a decent amount of geopolitical risk remaining, and commodities also had a pretty tough week.

We're starting to see a lot of large money managers talking about being risk-off at the moment.

This may be the reason why we're seeing a bid for what are known as safe haven assets like treasury notes or the USD. Investors typically look to these to avoid risks.

In Round portfolios, we remain defensive.

We've built up a larger than normal cash position and we'd like to stay risk-off until some of these risks subside.

On the brighter side, we're starting to see earnings season come to an end.

Over 80% of S&P 500 companies have surprised to the upside on the amount that they're earning.

This further solidifies our view of strong fundamentals in the U.S. economy.

As we're sitting in this funny zone where there's strong fundamentals coupled with these outside risks, we're waiting for these risks to begin to subside before we begin to leg back into the market.

Hope you have a great week ahead!

-Saul


Disclosure: The 80% of S&P 500 companies who had earnings surprises statistic was as of 8/10/2018 and calculated by Guggenheim Partners. Round Investments LLC, dba Round, is an SEC registered investment advisor. Securities offered through Apex Clearing Corporation, Member FINRA, SIPC. The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered legal, investment or tax advice as it does not take into account the specific objectives, financial situation or particular needs of any specific person. Diversification does not ensure a profit or protect against a loss in a declining market. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Forecasts or projections of investment outcomes in investment plans are estimates only, based upon numerous assumptions about future capital markets returns and economic factors. As estimates, they are imprecise and hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. Investing entails risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. To view Round's Brochure, Terms of Use, Privacy Policy, and Disclosures go to www.investround.com