While we understand market ups and downs can be unsettling, they’re a normal part of investing. Recent fluctuations have been driven by two key factors: high stock valuations and policy uncertainty. While the S&P 500 is trading above its historical multiple and considered to be "expensive" making it succeptible to news reactions, and policy changes are creating short-term turbulence, this doesn’t mean doom and gloom for investors.
In fact, not all areas of the market are struggling—international stocks, consumer staples, and bonds are holding strong. What we’re seeing isn’t a market crash, but rather a shift in investor focus.
Market corrections are normal: history tells us that investors who stick with their long-term strategy and plan tend to come out ahead. To learn more, watch this insightful video from our partners at Kestra Investment Management, featuring Chief Investment Officer Kara Murphy.
If you have questions about your portfolio, we’re here to help.