What’s Happening With
the Markets?
Markets are taking a hit in March after February’s record highs. Tariffs, government shutdown fears and consumer confidence concerns are driving the sell-off.
Will this volatility continue? Our financial partner, AE Wealth Management, has released a short rundown of what caused the pullback and whether the markets’ bad mood will continue.
After watching my short video, click the green button beneath this message to read their insights!
I often quote Morgan Housel, the author of The Psychology of Money, and one my favorite quotes of his is: “Volatility is price of admission. The prize inside is superior long-term returns. You have to pay the price to get the returns.”
Much of the planning that we do for our clients is designed to set them up so that volatility has a minimal impact on your retirement.
After you’ve had a chance to read their insights and watch this video, and if you have questions or concerns, please don’t hesitate to reach out our office at 630-992-8200.
Sincerely,
Josh Bretl
Video transcript
Josh Bretl: Hi there, Josh Bretl with FSR Wealth Strategies and I wanted to bring you a quick update on the market. Markets have been sliding throughout March and you know, as little as three weeks ago we were seeing all time highs in the S&P 500. And this shows us how quickly things can turn around and.
What’s causing this turmoil? First and foremost, it is the tariffs that are out there. The market does not like the tariffs. It’s gonna lead to higher inflation and cause things that consumers do not like.
The second thing is there is consumer unrest. The consumer sentiment has been decreasing. A lot of it around what Doge has been doing and the uncertainty that’s providing.
Lastly, there is a potential government shutdown for later in this week if Congress doesn’t take action. And all of that is creating uncertainty. And uncertainty is not a friend of the market now.
What I want you to remember is that all of the planning that we do around at FSR Wealth Strategies is to make sure that retirement is the best part of your life.
And this volatility is normal, we know that it is there, and the plans that we put in place take into consideration volatility like we are seeing now.
Now, it doesn’t mean it feels good to you. And if you’re not feeling good about all this volatility, please don’t hesitate to reach out to our office. But please know that we are watching this and as we go through this, if there’s any things that we need to bring to your attention, we will definitely do so.
I encourage you to read the update from AE Wealth Management. They put out some more details in regards to what they feel is going on and how it might impact you into the future.
But with that, if you have any questions, again, please don’t hesitate to reach out to our office and we look forward to talking to you soon.