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On this episode of the Planned Solutions Incorporated Podcast, After briefly making a full recovery for the year in early June the stock market declined later in the month as volatility once again increased. This may be a sign that investors are reassessing the strength of the recovery or it may simply be a function of investors using a calendar-based rebalancing strategy. The rebalancing that likely supported the stock market in March may now be causing an increase in selling activity as investment managers seek to bring allocation back in-line with the target risk/return profile. Also,The US housing sector is the latest industry to report a strong rebound in activity as many states loosen economic restrictions. Pending home sales increased a record 44.3% in May which followed a 16.6% increase in new home sales. While the housing sector is still down from May 2019 the sharp bounce-back is a positive sign that certain areas of the economy may recovery fairly quickly. And, Many people are holding on to gift cards from before the pandemic or purchased gift cards recently to support their favorite businesses. However, the value of gift cards are often ignored should a business declare bankruptcy. Given the risk of a wave of bankruptcies in the coming months, it may be advisable to use those gift cards now just in case the business closes its doors or reorganizes in bankruptcy. Plus a look at the Planned Solutions Incorporated Office Bulletin Board-As it turns out, 2020 has unexpectedly become a year of elevated volatility in the stock and bond markets. During these times it can be easy to become hyper-focused on short-term market fluctuations and the month to month changes in investment account balances. Chase Armer's book- Financial Planning Insights is now available at: https://store.bookbaby.com/book/financial-planning-insights https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279/ref=sr_1_1?dchild=1&keywords=chase+armer&qid=1586894022&sr=8-1 To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Planned Solutions, Inc. ADDRESS: PHONE: 1130 Iron Point Road, Suite 170 (916) 361-0100 Folsom, CA 95630 (800) 750-2111 E-MAIL: FAX: Shannon@PlannedSolutions.com (916) 361-0191 WEB SITE: www.PlannedSolutions.com #finance #invest #investment #stocks #inflation #deflation #bonds