How we use your feedback!
Hello Eagle Wealth Community,
As you know, one of our highest priorities is delivering outstanding service to our clients. The survey we sent out recently was a critical first step to check in on our service, providing us with meaningful feedback on how we are doing and if we can improve.
We were thrilled and humbled by the results, including:
- 98% of clients said they were very satisfied with their relationship with the Eagle Wealth team.
- 91% of clients said they would refer our team to a friend or colleague.
- 41% of clients have referred a friend or colleague to us in the last 12 months.
We work hard to meet your needs and those results are extremely gratifying. There is, of course, always room for improvement. Based on the feedback, in the next year we’ll:
- Begin to resume in-person review meetings.
- Offer financial education opportunities including webinars, in-person events, and helpful guides and videos.
- Update our email newsletter by sharing more market updates, information about our work in the community, and returning the healthy living, recipe of the week, and green living tips.
We also want to confirm how we will continue to meet your needs in the coming year. You can expect:
- A comprehensive annual review to assess progress toward your goals.
- Prompt communication. We’re committed to returning phone calls and emails at least within 24-hours and will continually be here when you need us.
- We’ll help you put purpose to your portfolio. We look at the big picture and consider all aspects of your life when making recommendations. We’ll continue to discuss your long-term goals and make sure your financial plan fits them.
Thank you to all who took the time to complete the survey; we’ll be talking with you further about your client experience and needs in our next review meeting. If you have any questions on the results, please don’t hesitate to call.
Your Eagle Wealth Team
P.S Congrats to our survey drawing winners! We hope you enjoy your Airbnb stay and Book of the Month subscription.
You hear from us often that we’ll “take you to the finish line” as you approach retirement. This last week Eagle Wealth partner, Mat Hunnicutt, literally gave it his all as his crossed the finish line at the Ironman 70.3 St. George Utah North American Pro Championship. He placed 3rd in his age group and 111th overall (out of 2,564). We’re so proud of his dedication to this enormous goal.
Check out the video of him crossing the finish line. Now that’s commitment!
Stocks closed mixed last week as signs of continued economic recovery and upbeat earnings helped some sectors while the struggles persisted for high-growth companies.
The Dow Jones Industrial Average gained 2.67%, while the Standard & Poor’s 500 rose 1.23%. But the Nasdaq Composite index, home for many high-growth companies, lost 1.51%. The MSCI EAFE index, which tracks developed overseas stock markets, advanced 1.20%.1,2,3
Energy, financials, materials, and industrials led the market higher on more upbeat news regarding the economic recovery.
But technology and other high-valuation companies didn’t participate in the rally, weighed down by Treasury Secretary Janet Yellen’s comments that interest rates may need to rise. Despite a decline in long bond yields, high growth stocks were under selling pressure for most of the week.4
On Friday, a miss on April employment numbers seemed to dial back fears that the Fed might have to adjust interest rates. Stocks rallied on the news, especially some of the hard hit high-valuation companies.5
Labor Market Puzzle
The labor market appears to be gaining momentum ahead of a fuller summer reopening. The Automated Data Processing National Employment Report showed that private payrolls rose by 742,000 jobs (the largest gain since September 2020), while new jobless claims fell to under 500,000, sending its four-week average to the lowest point since the pandemic began.6,7
With expectations set very high, the April employment report (266,000 new jobs) came in well short of the consensus estimate of one million new jobs. Businesses have complained about difficulties in hiring workers, with individuals delaying their return to the workforce due to health concerns and ongoing school closings.5
This Week: Key Economic Data
Tuesday: Job Openings and Labor Turnover Survey (JOLTS).
Wednesday: Consumer Price Index (CPI).
Thursday: Jobless Claims.
Friday: Industrial Production. Consumer Sentiment.
Source: Econoday, May 7, 2021
This Week: Companies Reporting Earnings
Monday: Duke Energy (DUK), Simon Property (SPG), Air Products and Chemicals, Inc. (APD), Marriott International (MAR).
Tuesday: Electronic Arts (EA), Palantir Technologies, Inc. (PLTR).
Wednesday: Coupang, Inc. (CPNG).
Thursday: The Walt Disney Company (DIS).
Source: Zacks, May 7, 2021