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Ukraine and Market Volatility- 03.22 Thumbnail

Ukraine and Market Volatility- 03.22

Michael D'Angelo- March 2022

What is unfolding in Ukraine is extremely troubling. As Russia presses its military advantage, it is inspiring to see Ukrainians defending their country. And while the images of fleeing refugees and bombed out maternity wards create strong emotions, as your financial advisor, we’re here to help you keep those emotions in check as it relates to your financial planning.

Markets were volatile prior to the invasion and have become even more so over the past few weeks.  As we monitor the situation closely, nobody can predict market moves. We’ve seen broad selloffs followed by huge rallies – sometimes within the same trading session!

Volatility will most likely continue, at least for the short term, as investors weigh the impact of rising interest rates, inflation, energy prices, and supply-chain disruptions. 

Amongst the uncertainty, what we do know is that markets are resilient. In fact, history tells us that major geopolitical events tend to have limited impact on markets after 6 to 12 months. So, sticking to your investment strategy may be the best approach. As quickly as markets fall, they can also go back up.

We are true believers in the resilience of the market. We also feel that the underlying strength of today’s economy still bodes well for overall growth. We, along with our active portfolio managers are taking measured steps to rebalance portfolios where necessary.

In uncertain times, our highest priority is helping our clients keep emotions out of investing and ensuring you remain focused on your long-term financial goals. We are on top of the situation and will continue to monitor events. Please do not hesitate to reach out to us with questions, concerns, or for some reassurance. We are here to support you and your family.