In 1997 the internet was still in its infancy, and we didn’t even have iPhones. “Titanic” became the biggest movie of all time that year, George Clooney was People Magazine’s Sexiest Man Alive, and “Seinfeld” aired its final season. 1997 was also the year I began my career in financial services. What have I learned about market downturns in 25 years?
Like Yankee Hall-of-Famer Yogi Berra once said, “It’s déjà vu all over again.” Inflation, interest rates, consumer sentiment, and the invasion of Ukraine continue to impact markets and the economy.
Jen O’Brien is the Investment Operations Associate for our firm. It’s hard to believe she has been part of our team for 5 months! Many of you have already interacted with her during that time, but I sat down with her for a brief chat so you could get to know her better.
“There are decades when nothing happens; and there are weeks when decades happen.” I think that’s an apt description of current events. With all that’s going on in geopolitics and markets so far this year, it can be a challenge to sift through the mountain of information out there. I wanted to share a few pieces we’ve been reading (and listening to) this week to lend the right perspective.
As you most likely noticed, the market has experienced increased volatility since the beginning of the year. As we discussed in our Econ Outlook Webinar in January, this was not unexpected. There are several factors contributing to the increased volatility - and the Russian invasion of Ukraine is now another unfortunate factor. With it all, the market is digesting quite a bit of information.
This is an interview that has been a long time coming! For those of you that know Ryan Triplett, he is soft spoken, brilliant, and incredibly hard working. I finally get to sit down with my friend and partner and ask him 5 questions so we can get inside the mind of a financial genius!