Some Things to Keep in Mind as the Bear Market Returns
The S&P 500 is testing the lows it hit in June 2022 on news of persisting inflation driving interest rates even higher. We do not expect a respite from jagged volatility this fall, as the Federal Reserve tries to wring out inflation by slowing down the U.S. economy. The resulting headlines are likely to continue driving significant price movements, and this can be unnerving after years of relative calm. To avoid making emotional investment decisions, perspective is key.
In the video below, LNWM CIO Ron Albahary CFA® provides context for the headlines you might be seeing. One of our key roles during extended volatility and down-trending markets is to provide clients with additional info and perspective beyond the headlines, as well as ascertaining whether their portfolios remain on course to attain their long-term goals.