0:00 October Recap

5:08 Bond Returns Explained

12:35 Drawdowns: Is this time worse than last time?

17:50 Home Affordability

20:26 Current Cash Environment

25:37 Market Timing and Global Events

27:06 Upcoming from Strong Valley

If you have questions for the Strong Valley team, check out strongvalley.com and use the Contact form to submit your questions.

DISCLOSURES: Investment advice offered through Integrated Partners, doing business as Strong Valley Wealth & Pension, a registered investment advisor.  Registration with the SEC does not imply a certain level of skill or training. Strong Valley is a dba used when offering securities and/or advisory services.  Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member FINRA/SIPC.  M.S. Howells & Co. is not affiliated with Integrated Partners or Strong Valley. None of the entities listed provide legal or tax advice.

Please be sure to read all disclosures in the video description and on our website (www.strongvalley.com)

This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks. The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts. The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based fixed-income index used by bond traders and the managers of mutual funds and exchange-traded funds (ETFs) as a benchmark to measure their relative performance Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is expressed in U.S. dollars per fine troy ounce.

If you have questions for the Strong Valley team, check out strongvalley.com and use the Contact form to submit your questions. 

You can stay up-to-date with the quarterly updates by following us at strongvalley.com/podcast, or by subscribing to the Strong Valley podcast on iTunes.

DISCLOSURES: Investment advice offered through Integrated Partners, doing business as Strong Valley Wealth & Pension, a registered investment advisor.  Registration with the SEC does not imply a certain level of skill or training. Strong Valley is a dba used when offering securities and/or advisory services.  Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member FINRA/SIPC.  M.S. Howells & Co. is not affiliated with Integrated Partners or Strong Valley. None of the entities listed provide legal or tax advice.

Please be sure to read all disclosures in the video description and on our website (www.strongvalley.com)

This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks. The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts. The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based fixed-income index used by bond traders and the managers of mutual funds and exchange-traded funds (ETFs) as a benchmark to measure their relative performance Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is expressed in U.S. dollars per fine troy ounce.

If you have questions for the Strong Valley team, check out strongvalley.com and use the Contact form to submit your questions.

You can stay up-to-date with the quarterly updates by following us at strongvalley.com/podcast, or by subscribing to the Strong Valley podcast on iTunes.

DISCLOSURES: Advisory services are offered through Integrated Partners, doing business as Strong Valley Wealth & Pension, a registered investment adviser. Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member FINRA/SIPC. M.S. Howells & Co. is not affiliated with Integrated Partners or Strong Valley. Please be sure to read all disclosures in the video description and on our website (www.strongvalley.com) This material was created to provide accurate and reliable information on the subjects covered but should not be regarded as a complete analysis of these subjects. Information is based on data gathered from what we believe are reliable sources. It is not intended to provide specific legal, tax, or other professional advice. The services of an appropriate professional should be sought regarding your individual situation. This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Opinions expressed are those of the speakers and not the entities listed above. Opinions are subject to change without notice and are not intended as investment advice or to predict future performance. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. There is no guarantee that any strategy will produce the desired results. Diversification does ensure a profit or avoid a loss in a declining market. Dollar-cost averaging does not guarantee a gain or avoid a loss. International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets. You cannot invest directly in an index. The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks. The Bloomberg Barclays U.S. Aggregate Bond Index (AGG) is a broad-based fixed-income index used by bond traders and the managers of mutual funds and exchange-traded funds (ETFs) as a benchmark to measure their relative performance. The Gross Domestic Product (GDP) is a comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health. The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services (Source: U.S. Department of Labor). The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts. Government bonds and Treasury Bills are guaranteed by the U.S. government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value. However, the value of the fund shares is not guaranteed and will fluctuate. The Federal Open Market Committee (FOMC) consists of twelve members--the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis. The Dow Jones Industrial Average, or simply the Dow, is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States, and how they have traded in the stock market during various periods of time. A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. They are most often used as inputs in the production of other goods or services, thus usually refers to a raw material used to manufacture finished goods The MSCI World Index is an index that tracks the performance of global stocks.

If you have questions for the Strong Valley team, check out strongvalley.com and use the Contact form to submit your questions. You can stay up-to-date with the quarterly updates by following us at strongvalley.com/podcast, or by subscribing to the Strong Valley podcast on iTunes.

DISCLOSURES: Advisory services are offered through Integrated Partners, doing business as Strong Valley Wealth & Pension, a registered investment adviser. Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member FINRA/SIPC. M.S. Howells & Co. is not affiliated with Integrated Partners or Strong Valley. Please be sure to read all disclosures in the video description and on our website (www.strongvalley.com) This material was created to provide accurate and reliable information on the subjects covered but should not be regarded as a complete analysis of these subjects. Information is based on data gathered from what we believe are reliable sources. It is not intended to provide specific legal, tax, or other professional advice. The services of an appropriate professional should be sought regarding your individual situation. This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. Opinions expressed are those of the speakers and not the entities listed above. Opinions are subject to change without notice and are not intended as investment advice or to predict future performance. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. There is no guarantee that any strategy will produce the desired results. Diversification does ensure a profit or avoid a loss in a declining market. Dollar-cost averaging does not guarantee a gain or avoid a loss. International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets. You can not invest directly in an index. The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks. The Bloomberg Barclays U.S. Aggregate Bond Index (AGG) is a broad-based fixed-income index used by bond traders and the managers of mutual funds and exchange-traded funds (ETFs) as a benchmark to measure their relative performance. The Gross Domestic Product (GDP) is a comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health. The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services (Source: U.S. Department of Labor). The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts. Government bonds and Treasury Bills are guaranteed by the U.S. government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value. However, the value of the fund shares is not guaranteed and will fluctuate. The Federal Open Market Committee (FOMC) consists of twelve members--the seven members of the Board of Governors of the Federal Reserve System; the president of the Federal Reserve Bank of New York; and four of the remaining eleven Reserve Bank presidents, who serve one-year terms on a rotating basis. The Dow Jones Industrial Average, or simply the Dow, is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States, and how they have traded in the stock market during various periods of time. A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. They are most often used as inputs in the production of other goods or services, thus usually refers to a raw material used to manufacture finished goods The MSCI World Index is an index that tracks the performance of global stocks.

If you have questions for the Strong Valley team, check out strongvalley.com and use the Contact form to submit your questions.

You can stay up-to-date with the quarterly updates by following us at strongvalley.com/podcast, or by subscribing to the Strong Valley podcast on iTunes.

DISCLOSURES: Investment advice offered through Integrated Partners, doing business as Strong Valley Wealth & Pension, a registered investment advisor.  Registration with the SEC does not imply a certain level of skill or training. Strong Valley is a dba used when offering securities and/or advisory services.  Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member FINRA/SIPC.  M.S. Howells & Co. is not affiliated with Integrated Partners or Strong Valley. None of the entities listed provide legal or tax advice.

Please be sure to read all disclosures in the video description and on our website (www.strongvalley.com)

This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks. The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts. The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based fixed-income index used by bond traders and the managers of mutual funds and exchange-traded funds (ETFs) as a benchmark to measure their relative performance Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is expressed in U.S. dollars per fine troy ounce.

If you have questions for the Strong Valley team, check out strongvalley.com and use the Contact form to submit your questions.

DISCLOSURES: Investment advice offered through Integrated Partners, doing business as Strong Valley Wealth & Pension, a registered investment advisor.  Registration with the SEC does not imply a certain level of skill or training. Strong Valley is a dba used when offering securities and/or advisory services.  Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member FINRA/SIPC.  M.S. Howells & Co. is not affiliated with Integrated Partners or Strong Valley. None of the entities listed provide legal or tax advice.

Please be sure to read all disclosures in the video description and on our website (www.strongvalley.com)

This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks. The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts. The Bloomberg Barclays U.S. Aggregate Bond Index is a broad-based fixed-income index used by bond traders and the managers of mutual funds and exchange-traded funds (ETFs) as a benchmark to measure their relative performance Gold represents the afternoon gold price as reported by the London Bullion Market Association. The gold price is set twice daily by the London Gold Fixing Company at 10:30 and 15:00 and is expressed in U.S. dollars per fine troy ounce.

Treasury Rates: https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value_month=202301

Recapping Mid-August to Mid-November, our Strong Valley advisor team talks about how this has been a rough year for just about everyone, with a recap of worst starts for bonds and stocks, along with a review of what happened with home and used car prices. The team also discusses inflation and the Federal Reserve Rate – where it’s been and indications of where it might go. The top 3 questions from clients are answered regarding FTX, a possible 2023 Recession, and ideas on timing to buy when you have cash on hand. We wrap up with predictions on inflation and the rate hike in the coming year.

If you have questions for the Strong Valley team, check out strongvalley.com and use the Contact form to submit your questions.

You can stay up-to-date with the quarterly updates by following us at strongvalley.com/podcast, or by subscribing to the Strong Valley podcast on iTunes.

DISCLOSURES: Investment advisory services are offered through Laurel Wealth Advisors, Inc., an SEC registered investment adviser.  Registration with the SEC does not imply a certain level of skill or training. Strong Valley is a dba used when offering securities and/or advisory services.  Securities are offered through M.S. Howells & Co. a registered broker/dealer and Member FINRA/SIPC.  M.S. Howells & Co. is not affiliated with Laurel Wealth Advisors, Inc or Strong Valley. None of the entities listed provide legal or tax advice.

Please be sure to read all disclosures in the video description and on our website (www.strongvalley.com)

This material was created to provide accurate and reliable information on the subjects covered but should not be regarded as a complete analysis of these subjects. It is not intended to provide specific legal, tax, or other professional advice. The services of an appropriate professional should be sought regarding your individual situation.

International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets.

This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources.

The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks.

The Bloomberg Barclays U.S. Aggregate Bond Index (AGG) is a broad-based fixed-income index used by bond traders and the managers of mutual funds and exchange-traded funds (ETFs) as a benchmark to measure their relative performance

The Gross Domestic Product (GDP) is a comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health.

The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services (Source: U.S. Department of Labor).

The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts.

Here are some of the topics we cover in this monthly update:

• October performance recap

• Fed targets for interest rates

• Updated inflation information

• Questions on I-Bonds: We did a segment explaining I-Bonds and the pros/cons in our previous quarter roundtable. We’ll link that here with the exact spot the discussion begins: https://youtu.be/hTPwjzHqOAs?t=1250

You can stay up-to-date with the quarterly updates by following us at strongvalley.com/podcast, or by subscribing to the Strong Valley podcast on iTunes.

Charts/stats used were distributed by Nuveen (a TIAA Company).

Sources: All market and economic data from Bloomberg, FactSet and Morningstar. Disclosure: This material contains an assessment of the market and economic environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. All investments involve risk, including loss of principal. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources.

Additional Disclosures: International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets. The Standard & Poor's (S&P) 500 Index tracks the performance of 500 widely held, large-capitalization U.S. stocks. The NASDAQ Composite Index is a market capitalization price-only index that tracks the performance of domestic common stocks traded on the regular NASDAQ market as well as National Market System-traded foreign common stocks and American Depository Receipts. The MSCI EAFE Index is an equity index which captures large and mid cap representation across 21 Developed Markets countries* around the world, excluding the US and Canada. With 799 constituents, the index covers approximately 85% of the free float- adjusted market capitalization in each country. The Bloomberg Barclays Aggregate Bond Index is a market value-weighted index that tracks the daily price, coupon, pay-downs, and total return performance of fixed-rate, publicly placed, dollar-denominated, and non-convertible investment grade debt issues with at least $250 million par amount outstanding and with at least one year to final maturity. The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services (Source: The S&P CoreLogic Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate nationally. U.S. Department of Labor). Series I savings bonds protect you from inflation. With an I bond, you earn both a fixed rate of interest and a rate that changes with inflation.

Source Links: https://www.cnbc.com/2022/10/30/stock-market-news-futures-open-to-close.html

https://tradingeconomics.com/united-states/currency

https://www.realclearpolitics.com/

https://www.cbsnews.com/news/i-bond-demand-crashes-treasury-website-ahead-of-9-6-rate-deadline/

https://www.treasurydirect.gov/auctions/announcements-data-results/

Strong Valley team members, Jason and Chris, recap the month of September and discuss what clients should be looking for in the months ahead.

Here are some of the topics we cover in this monthly update:

• September performance recap
• Fed targets for interest rates
• Real estate and inflation information
• Consumer and market fear data
• The disciplines that matter and investment opportunities
• How do we know when we’re at the bottom?
• The upcoming quarterly content and conversations

Questions from Strong Valley clients are answered, and the team showcases one practical way to objectively quantify and evaluate your own personal risk tolerance when it comes to investing. We wrap up the discussion with predictions and an outlook on where inflation and the markets may be headed in the months ahead.

Resources mentioned:

StrongValley Risk Assessment Tool: Riskalyze

• Should we be doing anything? Are we doing anything?
• Is the market going to collapse? Am I going to zero?
• Is it time to go to cash?
• What if...? scenarios. (Probabilities vs. Possibilities)
• Why are my bonds down?
• Is it time to go to annuities?

In this episode we cover:

• The impact of Russia and Ukraine on the global economy
• The three biggest factors that will help force inflation back down
• How the tight labor market, wages, and housing prices are impacting the economy
• How current events are likely driving The Fed's rates and what that might mean for 10-Year Treasury rates
• Items not making the headlines that we should be watching
• What all of this may mean for the US economy 

You can get more information by visiting strongvalley.com