Tom Plumb, Portfolio Manager of the Plumb Balanced Fund, discusses the latest on the markets with David Ingles and Doug Krizner on Bloomberg Daybreak Asia.

 

Opinions expressed are those of the author or Plumb Funds and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice. References to other mutual funds should not be interpreted as an offer of these securities.

Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security. Current and future holdings are subject to risk.

Past performance does not guarantee future results.

Index performance is not illustrative of fund performance. Click here for Plumb Balanced standardized performance and here for Plumb Equity.

Mutual fund investing involves risk. Principal loss is possible.

Click here for holdings for the Plumb Equity Fund.

Click here for holdings for the Plumb Balance Fund.

Inflation is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a basket of selected goods and services in an economy over some period of time.

The bond market often called the debt market, fixed-income market, or credit market-is the collective name given to all trades and issues of debt securities.

The Standard and Poor’s 500, or simply the S&P 500, is a market index tracking the performance of 500 large companies listed on stock exchanges in the United States. You cannot invest directly into an index.

Correction of short and/or long implies that prices may have overshot and need to revert to the market consensus of that security’s value. A technical correction can occur then a security’s price gets overinflated in a bull market, precipitating a selloff, or overly delated in a bear market, resulting in a buyback.

Earnings growth is the change in an entity’s reported net income over a period of time.

The current rate method is a standard method of currency translation that utilized the current market exchange rate.