Dear Clients and Friends,
As the Russia/Ukraine conflict evolves and escalates we thought that providing a chart (as we like to do) would be helpful. War is a terrible situation and what we worry about is the unknowable direction they can go. You are prepared for the unpredictable with the planning that goes behind your portfolio, however down markets often lead to worry and stress.
We have had very few “buying opportunities” these last few years as markets have been relatively calm, but we are starting to see some opportunities emerge. The average intra year pullback from peak to trough has been 14%. We are around 11% on the S&P 500 as of this writing and closer to 6 – 7% on a diversified portfolio. Please see the below report which shows most conflicts resolve and markets rebound swiftly. If you have any questions, please call us and we can go over your situation directly.
Thank you for the confidence you place in Brown and Company, Inc.
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This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities. All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
All index and market data from FactSet and MarketWatch.
This Research material was prepared by LPL Financial, LLC.
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