(Download the full report HERE)

Market Highlights

• Equity markets rallied in May as traders began to question whether the Trump administration’s follow-up on tariffs would be severe as any initial announcement and corporate earnings remained strong, especially amongst the Mag 7. 
• The S&P 500 rose +6.29% to bring YTD performance into positive territory at +1.06%. 
• U.S. Small Caps have lagged so far this year (-6.85%) but enjoyed a strong month with a gain of +5.34%. 
• Information Technology (+10.89%) and Communication Services (+9.63%) regained leadership amongst S&P 500 sectors in May. Health Care (-5.55%) was the only sector with negative performance for the month. 
• The Russell 1000 Growth Index rose +8.95% for the month to outpace the Russell 1000 Value’s +3.51% return. The Value index (+2.50%) has still outpaced Growth (-0.28%) so far this year. 
• Developed International (+4.58%) and Emerging Markets (+4.27%) each had a strong May to continue strong starts to the year for overseas markets.
• Longer dated treasury yields moved higher during the month amidst worries over the path of US debt and deficits. The Bloomberg US Agg Bond Index was down -0.72% in May but remains positive for the year at +2.45%. 

Sources:

1. Morningstar Direct, MSCI

Important Disclosures

Investing is subject to a high degree of investment risk, including the possible loss of the entire amount of an investment. You should carefully read and review all information provided by the Atlanta Consulting Group Advisors, LLC (“ACG”), including ACG’s Form ADV, Part 2A Brochure and all supplements thereto, before making an investment.

The information contained herein reflects the opinions and projections of the ACG as of the date of publication, which are subject to change without notice at any time subsequent to the date of issue. All information provided is for informational purposes only and should not be deemed as investment advice or a recommendation to purchase or sell any specific security. While the information presented herein is believed to be reliable, no representation or warranty is made concerning the accuracy of any data presented. You should not treat these materials as advice in relation to legal, taxation, or investment matters.

Third-Party Websites

Third-party news, articles and links are being provided as a convenience and for informational purposes only. They do not constitute an endorsement or an approval by ACG of any of the products, services or opinions of the corporation or organization, or individual(s) involved. ACG bears no responsibility for the accuracy, legality, or content of the external site or for that of any subsequent links. Contact the external site owner for answers to questions regarding its content.