Feb 9 Market Commentary

Feb 9 Market Commentary

Stocks have started the year by giving back some of the gains of the previous years.  If anything could be said to be normal, then this downturn is completely normal.  In an average year we have two pullbacks of 5% or more and one correction of 10% or more.  This particular downturn also highlights why talking about what ‘the market’ or ‘stocks’ did is not very helpful.  The assets that have had the sharpest pullbacks include growth stocks, crypto-currency and stocks like Peloton that benefitted from the pandemic.  Other assets like commodities and emerging markets equities, which had struggled from a performance standpoint, have done relatively well in the last month


At ReFrame we always want to know if market volatility is troubling you and testing your ability to stay the course.  What we know as financial planners is that short term market results don’t change the results of the long-term plan we built for you, so long as we stay on course and take advantage of market movements rather than hide from them.  When we assure our clients that their money will last for a lifetime, we know that lifetime will include tough weeks, months, and years so a period like this comes as no surprise.  Please reach out if you feel your plan needs to be revisited and know that we are constantly evaluating our strategies in good markets and more challenging ones so we can deliver the best possible results for our clients.





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