September Market Review from Sumner Wealth Management

If you are having issues seeing this email, please view it in your browser.

 swm noname    

- SEPTEMBER 2017 -


 In This Edition:

  • Life Experience
  • By the NUMBERS
  • About SWM



Market Performance

Stock Market (End of August)


 YTD '17


 Total U.S. Market1 +0.19% +11.20% +16.06%
   Domestic Large Cap Equity2 +0.31% +11.93% +16.23%
   Domestic Small Cap Equity3 -1.27% +4.42% +14.91%
 International Equity4 +0.52% +18.92% +18.88%
   Developed International Equity5 -0.04% +17.05% +17.64%
   Emerging Market Equity6 +2.23% +28.29% +24.53%

Fixed Income (End of August)


 YTD '17


 U.S. Investment Grade Bonds7 +0.90% +3.64% +0.49%
Cash Equivalent8 +0.09% +0.47% +0.57%
1Russell 3000 2S&P 500 Index 3Russell 2000 Index 4MSCI ACWI ex-U.S. Index 5MSCI EAFE Index 6iShares MSCI Emerging Markets Index 7Barclays Capital U.S. Aggregate Bond Index 8Barclays Capital 1-3 Month U.S. Treasury Bill Index   

Dear Visitor,

Happy FALL!  

As the seasons change it reminds of us things to come...the Holidays!  First morning of crisp, cold air, reminds me to start thinking about Christmas.  It is a reminder to me that Christmas is just three months away and it seems Christmas just happened last week.  This year has flown by!

Update:  Wife is a trooper!  She is on her 5th round of chemo, and is doing fantastic!  Only 3 more rounds left and then radation.  Also, she has returned back to work and has a support system that one can only hope for.  I can honeslty say I have not missed an appoitment and have established some great friendships through this experience.  

I want to thank all of those who have reached out to me and that means a lot!  I will keep you posted each month and hope you have a great day!



1. AFTERWARDS - The 9/11/01 terrorist attacks on the USA that killed 2,977 people took place 16 years ago.  The S&P 500 stock index closed for 6 days following the attacks and then reopened on Monday 9/17/01.  In the 1-year following 9/11/01, the S&P 500 lost 15.5% on a total return basis (source: BTN Research).

2. TEN - The S&P 500 gained just +0.3% (total return) in August 2017, its 10th consecutive "up" month and 17th of its last 18 months that have been positive on a total return basis.  The last time the S&P 500 had a streak this long was the 10 consecutive months that ended in September 1995 or 22 years ago (source: BTN Research).

3. MISSING OUT - Every income group reporting up to $200,000 of household income has a "participation percentage" in the stock market of 40% or less.  E.g., only 40% of American households reporting between $100,000-$199,999 of income invest in the stock market, while the percentage falls to just 20% for households reporting $50,000-$74,999 of income (source: Federal Reserve Bank of St. Louis).

4. LUMP-SUM NEEDED - A present value (PV) amount of $210,435 is requiredto fund a $1,000 per month payment for 25 years with a +3% annual increase for maintenance of purchasing power assuming that a +6% annual rate of return is maintained into the future.  The PV amount is $280,575 if the required payment period is 40 years.  The calculations ignore the impact of taxes and are for illustrative purposes only and are not intended to reflect any specific investment alternative (source: BTN Research).

5. BEFORE AND AFTER HARVEY - The national average price of gasoline had increased just 3 ½ cents per gallon YTD through Friday 8/25/17, the day Hurricane Harvey made landfall in Texas.  In the 2 weeks since then, average gas prices nationwide have gone up another 32 cents a gallon (source: AAA).

6.  FUTURE CAR BUYERS - 1 in every 7 automobiles in the Houston area was destroyed by Hurricane Harvey (source: Evercore ISI).

7.  LESS FROM THERE - The USA imports 22% less oil than it did just a decade ago.  Oil imports averaged 7.9 million barrels a day in 2016, down from 10.1 million barrels a day in 2006 (source: Department of Energy) 

8.  A LOT MORE - Total petroleum exports from the United States have quadrupled over the last decade, rising from 1.3 million barrels a day in 2006 to 5.2 million barrels a day in 2016 (source: Department of Energy).

9. HELP - First time claims by out-of-work Americans for unemployment benefits jumped by +62,000 to 298,000 for the week ending 9/02/17, its highest weekly total YTD.  83% of the increase in first-time claims (51,637 initial claims) was filed in the state of Texas due to the impact of Hurricane Harvey (source: Department of Labor)

10. THREE MONTH DELAY - Legislation to fund fiscal year 2018 spending and to suspend the nation's debt ceiling for 3 months passed the Senate and the House last week.  The bill, opposed by 107 lawmakers (out of 535 politicians), technically moves the deadline for both issues to midnight on Friday 12/08/17 (source: Congress)


About SWM

Our firm assist individuals, families, and businesses in proactively preparing themselves for a broad range of financial decisions and life events by helping our clients gain income protection, financial stability, with a solid plan.  We are an integrated, Wealth Manager Specialists. 

Mark Sumner
Financial Advisor


Sumner Wealth Management, Inc.          
142 South Cardigan Way, ste D                                                                                                                                      
PO Box 4446                                                                                                                                                  
Mooresville, NC  28117                      
Direct (704) 905 - 3594                                                                  

Investment Management
Retirement Services

   Sumner Wealth Management | 704.905.3594 |

Securities offered through Securities Service Network, Inc. Member:  FINRA/SPIC

If a recommendation is included in the above email, please contact me for additional investment information supporting the recommendation.

Fee based advisory services offered through SSN Advisory, Inc. a registered investment advisor