WealthProtect Status Update: January 2025

Economy/Markets

After a strong year for large cap stocks, starting about mid-December equities began a weaker stretch. Stocks are expensive but until we see otherwise, this may just be a healthy pullback. 10-year Treasury yields have risen 1% since September, likely sparking the equity decline. I would expect bond yields this year to be between 4-5% if we don’t get a recession. Therefore, we are likely approaching an attractive point for bonds.

System Triggers

No changes, but international investments are getting much closer.

I am not longer sending these out monthly. I will send them out when there is reason for an update. The reason for this one is that we rebalanced most of our SAM accounts. You may see trades on your accounts. They are not due to triggers, just prudent rebalancing back to target.

If you have any questions, please contact your wealth manager.

Thanks for your continued trust.