Weekly Market Recap This week saw oil rise above $50 for the first time since last July after making lows in the mid $20s earlier this year. We believe that the volatility in the price of oil over a short period of time serves as a helpful reminder on the importance of having a longer term view. In February, a Barron's cover story proclaimed "Here comes $20 oil" and in the same month the Economist asked "Who's afraid of cheap oil?". Sometimes these moments of relative pessimism, when it can be most tempting to change strategy, can signal market lows. In fact, since February, oil rallied over 60% as the outlook for the oil market improved. The recent volatility in oil also emphasizes the value of diversification to portfolios. As one would expect, energy stocks have generally been hurt by falling oil and helped by its subsequent rebound. However, other companies, from industrial users of energy to airlines, can benefit from oil's weakness as their costs may fall. This is one way that having a balance of companies in your portfolio, by owning broad and diversified assets, has the potential to smooth returns. Disclaimer:
The views expressed are for informational purposes only and are not intended to serve as a forecast, a guarantee of future results, investment recommendations or an offer to buy or sell securities by FutureAdvisor. All expressions of opinion are subject to change without notice in reaction to shifting market, economic political conditions, and as subsequent conditions vary. The investment strategies mentioned are not personalized to your financial circumstances or investment objectives, and differences in account size, the timing of transactions and market conditions prevailing at the time of investment may lead to different results. This material may contain "forward-looking statements": information that is not purely historical in nature. Clients may lose money. Past performance is not indicative of future results. Investments in securities involve the risk of loss. Any tax strategies discussed should not be interpreted as tax advice and do not represent in any manner that the tax consequences detailed will be obtained. Clients should consult with their personal tax advisors regarding the tax consequences of investing. Your Portfolio Summary | $9,487.93 * Your Total Assets | Ways To Improve Your Portfolio  | Increase Diversification Increase your entire portfolio diversification and lower volatility. | | | Sign in to see your full dashboard | * All amounts are as of the sent date of this email | 
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