In this week's Market Outlook, Rob covers a mixed week of economic data released, plus the falling probability of a third rate cut by the Federal Reserve. Small Cap Growth led a positive market reaction in the US, while international markets stayed roughly flat over the week.

You can watch this weeks episode on:
YouTube at https://youtu.be/2wd3fyrAYvw
Buzzsprout at https://www.buzzsprout.com/2021410/episodes/16173501

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.

In this week's Market Outlook Podcast, Rob covers inflation results from last week landing consistent with predictions and better-than-expected retail sales. However, with a slight slowdown in the timing of expected rate cuts, the market dropped last week. Up ahead, a light week of data releases, including home sales and the Michigan Consumer Sentiment Index.

You can watch this weeks episode on:
YouTube at https://youtu.be/lKlXahKjTIA
Buzzsprout at https://www.buzzsprout.com/2021410/episodes/16128934

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.

In this week's Market Outlook Podcast, Rob covers how most economic data released last week was ignored by markets. Returns were incredibly strong as markets digested the results of the US Presidential Election.

You can watch this weeks episode on:
YouTube at https://youtu.be/-wh21aN-ACM
Buzzsprout at https://www.buzzsprout.com/2021410/episodes/16092709

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.

You can watch this weeks episode on:
YouTube at https://youtu.be/FcQK6coC000
Buzzsprout at https://www.buzzsprout.com/2021410/episodes/16052398

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.

In the latest Market Outlook Podcast, Rob covers the past week of economic data and the market's negative reaction. Upcoming releases include inflation, nonfarm payrolls, and unemployment rate.

You can watch this weeks episode on:
YouTube at https://youtu.be/41yGgJvhCPQ
Buzzsprout at

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.

In the latest Market Outlook Podcast, Rob covers lower-than-expected economic data released last week; interestingly, it was met with positive market performance.

You can watch this weeks episode on:
YouTube at https://youtu.be/YQnXTB-8xmc
Buzzsprout at https://www.buzzsprout.com/2021410/episodes/15885231

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.

In the latest Market Outlook Podcast, Rob covers the much higher-than-expected nonfarm payroll employment data, additional context behind the numbers, and how markets responded.

You can watch this weeks episode on:
YouTube at https://youtu.be/kI5vwXZc0rs
Buzzsprout at https://www.buzzsprout.com/2021410/episodes/15885231

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.

You can watch this weeks episode on:
YouTube at https://youtu.be/Sn_fREw12Ms
Buzzsprout at https://zhangfinancialpodcast.buzzsprout.com

For more information about Zhang Financial, please visit zhangfinancial.com .

Disclosures:
These materials have been designed for general informational and educational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. Such offers can only be made where lawful under applicable law. These materials have been prepared and derived on the basis of publicly available information, internally developed data and other third party sources believed to be reliable. Zhang Financial LLC has not sought to independently verify information obtained from public and third party sources. No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information contained herein. Zhang Financial LLC expressly disclaims any liability for the accuracy and completeness of this information. All opinions and views constitute judgments as of the date of writing without regard to the date on which the reader may receive or access the information, and are subject to change at any time without notice and with no obligation to update. To the extent that these materials contain statements about the future, such statements are forward looking and subject to a number of risks and uncertainties. This information is intended solely for the information of those to whom it is distributed by Zhang Financial LLC. No part of these materials may be reproduced or retransmitted in any manner without the prior written permission of Zhang Financial LLC. Zhang Financial LLC does not intend to provide investment advice through these materials and does not represent that any market position, economic forecast, securities or services are suitable for any investor. Investors are advised not to rely on these materials in the process of making a fully informed investment decision and they do not render business, tax or legal advice. Each client or prospective client should consult his/her own attorney, business advisor and tax advisor as to legal, business, tax and related matters concerning the information contained herein. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date noted and may be subject to change at any time without prior notice. Past performance does not guarantee future results. All investing involves risk of loss including the possible loss of principal.