May 2019 – Market Update

Watch David’s latest market update!

Hi, this is David Reyes from Reyes Financial Architecture.

I felt it was a good time to do a market update. I haven’t done one in a while, the reason being the market has gone pretty much straight up since January. We are up about 14%, we were in the Dow Jones Industrial.

What has happened over the last three weeks is, you know pretty startling but actually normal. The Dow is down 1332 points in three weeks since April 23rd, which is a 5% move, which is pretty significant. Although, last year we had two 10% corrections and a 20% decline, so the market is back to being very volatile again after having the first quarter being very muted.

What is amazing also is that we have gone nowhere since January 2018. In fact, if you invested in the Dow in January through today, you’re actually down 0.6%. If you just bought little bonds, long-term Treasury bonds, you are over 5%. The reason I bring that up is because with markets like this, you have to be careful. We are basically almost approaching a year and a half going nowhere with a lot of volatility. You better have a plan to make sure you mitigate that volatility.

Also, as many of you have been listening and watching the news, China is been a big issue. We just now increased the tariffs against China, which has been a big deal. But probably the biggest pressure has been on the market as earnings. And a lot of times news can really negatively impact or hide what is really happening underneath the surface.

We peaked out in S&P earnings in the fourth quarter of 2018 and now we are down to the low single-digit. So, we already have a lot of issues; the Federal Reserve is talking about decreasing the interest rates as opposed to increasing the interest rates, so all of these things put together really mean that we are probably not in a very good footing.
If you want to reach out to me, give me a call, I would love to sit down and chat with you.

This is David Reyes.

www.REYESPLAN.com

Reyes Financial Architecture2019-05-15T20:32:47+08:00

Julie Reyes

Chief Financial Officer, Chief Compliance Officer

Julie Reyes is Chief Financial Officer and Chief Compliance Officer with Reyes Financial Architecture, Inc., a Registered Investment Advisory Firm specializing in portfolio risk management strategies, retirement income distribution and generational wealth planning. Julie is a Certified Public Accountant (Inactive) and a California Real Estate Broker. She also holds multiple licenses in the insurance and financial services fields. Julie graduated from Pennsylvania State University, with distinguished honors in 1997 and began her career with Price Waterhouse, LLP that year specializing in tax and audit. She became a California Real Estate Broker in 2002. Julie has worked with David and Reyes Financial Architecture since the company’s inception, and uses her financial background and expertise to help a wide range of clients protect their assets, minimize their tax liabilities and maximize their cash flow.

David Reyes

David Reyes is the Founder of Reyes Financial Architecture, Inc., a Registered Investment Advisory Firm specializing in portfolio risk managed strategies, retirement income distribution planning and social security planning. David works in collaboration with CPA’s, attorneys and other money managers to ensure that all planning is not only implemented but also integrated. This collaborative team approach seeks to ensure the highest probability of success.

David has been an advisor for over 20 years and holds multiple licenses and registrations in the financial, real estate, and insurance fields. David is featured in many magazines such as “Kiplinger Personal Finance Magazine,” “Boomer Market Advisor,” and is co-author of four books on estate and retirement planning. David’s latest book “The Little Red Book of Retirement” has recently been released. Currently David is working on a new book entitled, “Momma’s Secret Recipe to a Successful Retirement” with Jack Canfield. David advises many professional and public groups including CPA’s and Attorneys on retirement, taxes, estate planning, and asset protection. David is also the host of “The Retirement Architect Radio” heard every Saturday on 1210 AM KPRZ.

David is a distinguished graduate from UCLA’s Personal Financial Planning program and is a graduate of e Wharton Business School in their Retirement Income Planning Certification program. David has also been named 2015 Advisor of the Year by the National Social Security Association (NSSA) for his advocacy to educate retirees on maximizing their retirement income.

David and Julie have been blessed with three wonderful children, Morgan, Taylor and young David Reyes, III. David’s hobbies include Tennis, Church fellowship and spending time with his family.