City Different Investments

Election Day is behind us. A certain amount of uncertainty has been cleaved from the market! President-elect Trump has accomplished a feat that Thedore Roosevelt failed to do and only President Grover Cleveland did, to leave the White House and return for a second term four years later. At this writing the stock market is up big, and bonds are down big. The S&P 500 index is up 1.9% and the US 10-year Treasury is 0.173% higher in yield. The question is why? 1) Well, markets hate uncertainty, and a large amount of uncertainty has been resolved. 2) The new administration has signaled: Higher tariffs, higher budget deficits and a workforce reduction through deportations (all of which are inflationary). This could lead to higher rates and a steeper yield curve. A phenomenon known as a “Bear Steepener” Lower regulatory hurdles, and lower business taxes which are pro-business and growth. This is the first day reaction and markets have a tendency to overreact. After all is said and done it is a new day with new rules.

Welcome to the Fed show, et al. Hours after the election, the Fed meets to cut (or not cut) rates. Plus, we go to polls as we dive into the most important factors of a candidate (and America). Check out the latest Week In Review! Dive Into the Polls https://hubs.la/Q02W_yXp0

If you missed the webinar on Tuesday, don't worry, watch a replay today! Watch Q3 Webinar Replay https://hubs.la/Q02WyPZV0

Chris and Sweta have done it again! It pays to curry favor with the marketing team. We will quite literally make up awards and promote them on all our social channels to reward Portfolio Managers who turn their work in first. This quarter, our illustrious winners are Chris and Sweta. Runners up.... you know who you are. If you want this crown, you gotta earn it next quarter!

Join us today at 12 pm MT. We'll have all our Portfolio Managers in one place, discussing what you need to know about: 👉The upcoming election and how it might effect the markets 👉The state of the economy 👉Trying to pick the next Fed move It'll be insightful, impactful, and perhaps most importantly, brief. Register now! https://hubs.la/Q02W9mdZ0

Joel Van Essen, CFA, was at it again last week at the McGuireWoods LLP Independent Sponsor Conference in Dallas, which attracted close to 2,000 private equity investors and capital providers! #privateequity #investing

Join us on Tuesday at 12 pm MT. We'll have all our Portfolio Managers in one place, discussing what you need to know about: The upcoming election and how it might effect the markets The state of the economy Trying to pick the next Fed move It'll be insightful, impactful, and perhaps most importantly, brief. Register now! https://hubs.la/Q02VKwxh0

"There has been a burst of recent developments further propelling the Second Atomic Age." Read all about it in Vin and Jong's latest blog on uranium and its implications for the global equity market. A Looming Uranium Shortage? https://hubs.la/Q02VnRxL0 #nuclear #investing

Retail sales soar while the election and the Fed's November meeting are approaching. Dive into our latest commentary to find out what we're watching for and what it means for your investment strategy! Retail Sales Soar https://hubs.la/Q02V7mJM0

Joel Van Essen, CFA, attended the Mainstreet Summit this week in Columbia, Missouri. The conference brought together small business owners, operators, and investors to network and share investment/growth ideas. We can't wait to hear more about Joel's takeaways for our Small Business Acquisitions strategy! #smallbusiness #investing #privateequity