V2 Model June 4, 2022 Update

June 04, 2022

Recap

The U.S. major market indexes finished lower this week after a strong showing the prior week. C-Suite executive bearish comments from Tesla CEO Elon Musk along with JP Morgan’s Jamie Dimon had some investors concerned over the state of the economy. Both CEOs are joining an increasing group of firms that have recently reported struggles with headwinds given inflationary conditions. This and the fact that the Federal Reserve is attempting to engineer a soft landing in combating price pressures amid skepticism from many investors caused the markets to pull back.

V2 was slightly up this week as we shifted from a short to cash position in our allocations.

Performance This Week / YTD

V2 +.45% / -2.99%

SPY -1.14% / -13.30%

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