Directional Wealth Management Company Overview





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From the desk of Jim McCarthy, CFP®, ChFC®

May 2020 Monthly Outlook - So Far

I sure underestimated the size of the relief rally and my thesis has been wrong – so far. 

The market has made a miraculous recovery.  Certainly better than I anticipated.  Yet perhaps a little ahead of itself.  Basically, stocks are only down approx. 15% from the all-time high in February 2020.  It seems to me that the US and world are more than 15% out-of-whack, so there is clearly a disconnect between the market and what’s happening around the globe.


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