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Forté Capital's Selected Statistics

Challenger Report

July's Challenger report shows many signs of a strong U.S. labor market. Employers announced 28,307 job cuts over the month, the lowest monthly total since November, and down 37.6% from July 2016. Furthermore, monthly job cut totals have been below 30,000 only three times in the last decade. Unsurprisingly, retail led with announced cuts totaling 3,862; however, retail is also at the top of the list for announced hiring plans. According to Challenger, the new retail positions are not typical retail jobs, but at places such as fulfillment and distribution centers, as well as for workers with technology skills.


U.S.
 & World Equity Indexes 7/31/17 YTD Return
S&P
 500 2,470 10.30%
Dow
 Jones Industrials 21,891 10.80%
NASDAQ
 Composite 6,348 17.90%
Shanghai
 Composite (China) 3,273 5.50%
S&P
 BSE Sensex (India) 32,515 22.10%
Nikkei
 Stock Avg (Japan) 19,925 4.20%
CAC
 40 (France) 5,094 4.80%
DAX
 (Germany) 12,118 5.50%
FTSE
 100 (U.K.) 7,372 3.20%

Selected
 Interest Rates 7/31/17 6/30/17
15-Year
 Mortgage 3.20% 3.17%
30-Year
 Mortgage 3.92% 3.88%
5-Year
 Treasury Bond 1.84% 1.89%
10-Year
 Treasury Bond 2.30% 2.31%
30-Year
 Treasury Bond 2.89% 2.84%

Key
 Economic Statistics; Most Recent; Prior Month
National
Producer

 Price Index -0.10% 0.10%
Consumer
 Price Index 0.10% 0.00%
Unemployment
 Rate 4.30% 4.40%
ISM
 Manufacturing Index 56.30 57.80
ISM
 Services Index 53.90 57.40
Change
 in Non-Farm Payroll Emp. 209,000 222,000
New
 York State
Consumer
 Price Index - NY, NJ, CT -0.20% 0.20%
Unemployment
 Rate 4.70% 4.50%
NYS
 Index of Coincident Indicators N/A 6.00%

Conference Board Consumer Confidence

Consumer confidence remained strong in July, gaining 3.8 points and rising to 121.1, its highest level since March. Despite slight drops in May and June, consumers are still more favorable toward their present economic situation and their expectations going forward. With the renewed optimism, consumers' plans towards purchasing big-ticket items, such as homes, rose to their highest level since December.


Forté
 Capital's Proprietary Bullish Neutral Bearish
Market
 Risk Barometer 10 9 8 7 6 5 4 3 2 1
Market
 Valuation
Monetary
 Environment
Investor
 Psychology
Internal
 Market Technicals
Overall
 Short-Term Outlook 3.62
Overall
 Long-Term Outlook 3.62
As
 of 7/31/17
4
2
4
4
Most




 Prior
Key Economic

Equity
 Market Statistics 7/31/17 6/30/17
Dow
 Jones Industrials
Dividend
 Yield 2.39% 2.44%
Price/Earnings
 (12 Mth Trailing) 20.55 20.09
Price/Earnings
 (Projected) 18.23 17.61
S&P
 500 Index 7/31/17 6/30/17
Dividend
 Yield 2.01% 2.02%
Price/Earnings
 (12 Mth Trailing) 23.56 23.56
Price/Earnings
 (Projected) 18.04 17.59

The information herein was obtained from various sources believed to be accurate; however, Forté Capital does not guarantee its accuracy or completeness. This report was prepared for general information purposes only. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities, options, or futures contracts. Forté Capital's Proprietary Market Risk Barometer is a summary of 30 indicators and is copyrighted by Forté Capital LLC. For further information, visit www.fortecaptial.com, send a message to info@forte-capital.com, or call 866-586-8100.

 
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