1. The Wall Avenue Journal, “U.S. Shares Shut Increased to Begin 2022,” 1/3/22, https://www.wsj.com/articles/global-stock-markets-dow-update-01-03-2022-11641200978
S&P 500 Index: The Commonplace & Poor’s (S&P) 500 Index tracks the efficiency of 500 extensively held, large-capitalization US shares.
Fairness securities could fluctuate in response to information on corporations, industries, market circumstances and basic financial surroundings.
Bonds are topic to rate of interest danger. When rates of interest rise, bond costs fall; typically the longer a bond’s maturity, the extra delicate it’s to this danger. Bonds may additionally be topic to name danger, which is the chance that the issuer will redeem the debt at its possibility, absolutely or partially, earlier than the scheduled maturity date. The market worth of debt devices could fluctuate, and proceeds from gross sales previous to maturity could also be roughly than the quantity initially invested or the maturity worth attributable to adjustments in market circumstances or adjustments within the credit score high quality of the issuer. Bonds are topic to the credit score danger of the issuer. That is the chance that the issuer could be unable to make curiosity and/or principal funds on a well timed foundation. Bonds are additionally topic to reinvestment danger, which is the chance that principal and/or curiosity funds from a given funding could also be reinvested at a decrease rate of interest.
Bonds rated under funding grade could have speculative traits and current important dangers past these of different securities, together with higher credit score danger and worth volatility within the secondary market. Buyers needs to be cautious to contemplate these dangers alongside their particular person circumstances, goals and danger tolerance earlier than investing in high-yield bonds. Excessive yield bonds ought to comprise solely a restricted portion of a balanced portfolio.
Yields are topic to alter with financial circumstances. Yield is just one issue that needs to be thought-about when investing choice.
Asset allocation and diversification don’t guarantee a revenue or shield towards loss in declining monetary markets.
Due to their slender focus, sector investments are usually extra risky than investments that diversify throughout many sectors and corporations. Well being care sector shares are topic to authorities regulation, in addition to authorities approval of services, which may considerably impression worth and availability, and which can be considerably affected by speedy obsolescence and patent expirations.
The indices are unmanaged. An investor can not make investments immediately in an index. They’re proven for illustrative functions solely and don’t symbolize the efficiency of any particular funding.
Morgan Stanley Wealth Administration is the commerce identify of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the USA. This materials has been ready for informational functions solely and isn’t a suggestion to purchase or promote or a solicitation of any supply to purchase or promote any safety or different monetary instrument or to take part in any buying and selling technique. Previous efficiency will not be essentially a information to future efficiency.
Morgan Stanley Smith Barney LLC, its associates and Morgan Stanley Monetary Advisors don’t present authorized or tax recommendation. Every shopper ought to at all times seek the advice of his/her private tax and/or authorized advisor for info regarding his/her particular person state of affairs and to find out about any potential tax or different implications that will consequence from appearing on a specific suggestion.
This materials, or any portion thereof, might not be reprinted, bought or redistributed with out the written consent of Morgan Stanley Smith Barney LLC.
© 2022 Morgan Stanley Smith Barney LLC, Member SIPC.
CRC 4360632 (02/2022)