May Edition Navigator
Greetings! What a difficult spring this has been so far! I don’t ever remember as much turbulence in the atmosphere – the cold and the wind have been ridiculous! And the market turbulence seems to be of a piece – here we go again.
When things turn sour, I turn to Mass Mutual’s Daken Vanderberg for perspective. There is no one I know who can help us understand how what we are experiencing fits into the history of the markets. He does it again – I hope you enjoy his latest Market Update. As always, reach out to us anytime with questions, answers (we love those!), or just to talk.
Take care – we hope you are staying well.
Just this week, we have had markets fall, rally, and then fall again, precipitously. Just this year, we have the worst bond market in the last 50 years, the most tragic and involved military engagement (in Europe) since World War II, and the worst inflation in 40 years. And in just over the past two years, we have had the worst pandemic in the past 100 years.
Yes, these are confusing, dangerous, and frequently volatile times. We are inundated with bad news, and we are blasted with doomsday headlines.
And yet … we also have a job to do.
We must see through the chaos, steel our nerves, and at the end of the day, make the best investment decisions we can, given the information at our disposal.
Which leads us to the difficult questions: What should we be doing? Should we be selling? Should we be buying?