Weekly Market Recap US retail sales rose in October, helped by strong auto sales. However, US industrial production was soft. Internationally, estimates of Eurozone growth in Q3 remained at 1.6% in line with expectations. As we approach the end of the year, here's a quick reminder on how tax-loss harvesting works. The goal of tax-loss harvesting is to defer payment of investment-related taxes into the future. Realizing short-term losses on investments can offset and therefore potentially reduce tax payments in the short-term. The impact on the risk/return characteristics of the portfolio is limited because when an investment is sold to harvest the taxable loss, a similar one is purchased. Tax-loss harvesting has the potential to push investment-related tax payments out further into the future by pulling taxable losses forward. Whereas traditionally, manual tax-loss harvesting is typically done in December, we monitor for tax-loss harvesting on an ongoing basis in Premium portfolios. We believe our ongoing approach can uncover more opportunities to apply the benefits of tax-loss harvesting. 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 | $9,519.89 * Your Total Assets | Ways To Improve Your Portfolio | 0 Accounts with Actions | Your portfolio has no recommended actions right now. We'll watch over your investments and alert you with an email when there are actions for you to complete. Sign in to see detailed steps  |  | Action Required - keep your recommendations accurate | | Your financial institution requested additional authentication to keep your investment accounts synchronized to FutureAdvisor. Keeping your accounts synchronized allows FutureAdvisor to monitor and keep you up-to-date on your investments and recommendations. | | Please log in to fix this in your Financial Profile. | | Sign in to see your full dashboard | * All amounts are as of the sent date of this email | 
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