The equity and bond market worldwide has entered into what many believe is the “capitulation” stage. This usually entails widespread selling without regard to economic fundamentals or positive earnings reports. It is typically a time when speculative (not long-term) investors experience enough emotional distress that they will sell their positions at any cost and without […]
You’ve heard us preach that long-term market trends are more important than short-term movements. This idea is crucial to financial sustainability, and once again, it is tied directly to current market conditions. However, this time there is a twist – right now, it applies to fixed income positions more prominently. Bond prices are inversely correlated
When writing financial commentary on the events in Ukraine, it is crucial to note that we approach the topic not by normalizing tragedy but by considering reality. It feels like a disservice for us to be consumed by a temporary drop in investment values when others fear for their families and freedoms. However, Legacy has
Market volatility is back. 2022 began with market contractions based on interest rates, Covid, and monetary policy. The drop appeared to be short-lived, as the last few days of January and the first days of February saw a swift recovery. Unfortunately, the rally was cut short as the geopolitical concerns between Russia and Ukraine grew.
A Reminder in Times of Market Volatility As we watch the market swing due to the public’s immediate gut reaction to global events, it is wise to pause and reflect on why the drop is taking place and note the similarities to early 2020. The current volatility is in response to the newly discovered Omicron