Your Money

Stock market declines, while inevitable, are never comfortable. They tend to turn long-term investors into short-term traders. We have the temperament to avoid moving to the sidelines or into higher short-term yields offering what may appear at the moment to be an enticing hiding spot. We want to ensure portfolios are well-positioned for an eventual, more sustainable rebound than these monster one-day moves.

Some of the stock market's largest down days often occur close to the most significant up days. This volatility can be a sign that news and trends are less one-directional, with sizable daily swings in both directions offering a view that conditions are becoming more balanced.

The headwinds from further Fed rate hikes and a slowing economy are not yet exhausted. However, in the later portions of bear markets, we see sizable daily gains interspersed within sell-offs. The last ten trading days have included three days in which the S&P 500 rose more than 2.5%, and the Dow gained more than 750 points.

Whiplash in Stock Market Shows Investors Are Still on Edge
by Akane Otani and Karen Langley

Your Life

Kindness. This subject bears repeating constantly. As a society, we need reminding of it daily, hourly—not just on holidays or special occasions. Recently, my husband was on a conference call with a client’s attorney. As many of our friends and family know, several years ago, my husband had a vicious battle with cancer, and he won by the Grace of God. However, that battle had scars and lingering effects, including hearing loss. This means it’s harder for him to hear, especially in crowds and over devices such as speaker phones and anywhere with competing noises—which is basically everywhere public. So, during a conference call, my husband asked the attorney if he could take him off speaker phone. The reply was, “No, that’s all I got.” Well, that’s unlikely, and that type of reply, with no further explanation, is meant to shut down any further options. While the guy on the other line didn’t know my husband’s situation, he didn’t need to know. 

No one fully understands any situation unless they or someone they care about has experienced that same situation. This is where kindness comes in. You may not know and may not understand, but you can be kind.

What Will Our Society Benefit from Kindness?
by Christiana Jolaoso

Complexity Simplified

Trivia