On October 28, 2021, UMF investment advisor Jim Lumberg of SouthCol Advisors, LLC, presented the third quarter market review, “Price & Value.”
Read the Q3 2021 Investor Letter here.
| Segment Time | Segment Content |
| 00:00 – 00:07 | Introduction |
| 00:07 – 03:24 | Stock Markets Year to Date 2021 |
| 03:24 – 04:30 | Domestic vs. International Equities |
| 04:30 – 05:28 | S&P 500 Sector Performance |
| 05:28 – 06:43 | Bonds: 10-year Treasury Yield |
| 06:43 – 07:20 | “Price is what you pay; value is what you get.” |
| 07:20 – 09:32 | Equity Valuations and Relative Performance |
| 09:32 – 10:49 | S&P 500 Price to Earnings Ratio |
| 10:49 – 11:57 | Corporate Earnings Growth |
| 11:57 – 12:27 | S&P 500 Index: Trailing 180 Days |
| 12:27 – 15:55 | UMFNIC Model Allocations |