BCM 4Q 18 Market Commentary
January 17, 2019 | COMMENTARY
Sources and Disclosures:
¹² Bloomberg, Beaumont Capital Management
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As with all investments, there are associated inherent risks including loss of principal. Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Sector investments concentrate in a particular industry, and the investments’ performance could depend heavily on the performance of that industry
and be more volatile than the performance of less concentrated investment options and the market as a whole. Securities of companies
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emerging markets, can be more volatile than U.S. markets due to increased political, regulatory, social or economic uncertainties. Fixed
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The Standard & Poor’s (S&P) 500® Index is an unmanaged index that tracks the performance of 500 widely held, large-capitalization
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broad base index and is often used to represent investment grade bonds being traded in United States. The Morgan Stanley Capital
International All Country World Index Ex-U.S. (MSCI ACWI Ex-U.S.) is a market-capitalization-weighted index maintained by Morgan
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