All investments are subject to market risk, including possible loss of principal. Asset allocation and diversification cannot assure a profit or protect against loss in a declining market. Past performance is not indicative of future results.
The opinions expressed herein are subject to change without notice. This material is distributed for informational purposes only, and is not intended to constitute the giving of advice or the making of a recommendation. The investments or strategies presented are not appropriate for every investor, and do not take into account the investment objectives or financial needs of particular investors.
1The Nikkei Index is the name of the Japanese stock exchange. FTSE is the Financial Times Stock Exchange. The CAC 40 represents the French stock market index. The DAX represents the German stock exchange.
A Treasury yield is the return on investment, expressed as a percentage, on the U.S. government's debt obligations (bonds, notes and bills).The Treaty of Lisbon (initially known as the Reform Treaty) is an international agreement that amends the two treaties that form the constitutional basis of the European Union (EU).
MainStay Investments® is a registered service mark and name under which New York Life Investment Management LLC does business. MainStay Investments, an indirect subsidiary of New York Life Insurance Company, New York, NY 10010, provides investment advisory products and services. Securities distributed by NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302.
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