A note on volatility
After a short summer rally the stock and bond markets are continuing to experience volatility and a measurable sell off. This appears to be mostly a result of the Federal Reserve Bank raising interest rates against the backdrop of an already slowing economy.
We expect this volatility to continue over the next few months as the markets digest more interest rate hikes and the probability of a recession. In the short term, you will likely be seeing negative returns on your September statements.
The team at Navigator Wealth Management firmly believes that every market cycle offers both challenges and opportunities. Rest assured that we are watching your hard earned money closely; always looking to reduce risk and take advantage of opportunities. We believe that this market sell off is going to present us with a tremendous buying opportunity.
We understand that you likely have concerns about these events. We are here for you. We are here to listen, here to talk, and here to help you understand what this means for you personally. Please, do not hesitate to contact us if you have questions about our outlook, our process, your portfolio, or your financial plan. We welcome your thoughts, questions, and concerns.