Have you ever heard the Wall Street expression, "markets climb a wall of worry?"
It's the idea that financial markets are constantly on edge.
If you're looking for something to worry about, you've got plenty of choices these days: the Delta variant, inflation, jobs, vaccines, Fed policy, taxes, unemployment, and so on. There's no shortage of headlines to help boost investors up the wall.
But by early August, the Standard & Poor's 500 index notched its 42nd record closing of 2021. While past performance is no guarantee of future results, it's essential to keep in mind the S&P 500 has moved higher despite the wide range of economic and financial concerns.1
My role as a financial professional is to help guide and equip you with the tools needed regardless of what news "worries" the financial markets.
If you find yourself worried about the financial markets, please reach out. I'd welcome the chance to hear your thoughts.
1. MarketWatch, August 3, 2021
Investing involves risks, and investment decisions should be based on your own goals, time horizon, and risk tolerance. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. The S&P 500 Composite Index is an unmanaged group of securities considered to be representative of the stock market in general. Index performance is not indicative of the past performance of a particular investment. Past performance does not guarantee future results. Individuals cannot invest directly in an index.
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