A Note on the Conflict in Ukraine
It’s been a difficult couple of days, with many of us waking up yesterday to learn about the terrible events in Ukraine. You’ve likely heard about the possible second-order effects, like a skittish stock market, potential energy supply constriction, and the threat of continuing supply chain disruptions. After significant volatility during the day yesterday, markets eventually closed the day with relatively limited damage considering.
No one knows how long the current crisis will last or how it may further rattle an already volatile market. While we are no foreign policy experts, we wanted to reach out to let you know we are keeping a close eye on the latest news as it unfolds, with a specific focus on the ways it may impact our clients.
If you’d like to follow along with us, we found the ABC News live blog insightful and well-sourced. Bloomberg also has excellent reporting on how the conflict may further impact oil and other commodity prices.
If you’re worried about the financial markets, please reach out. We understand that current events can be a bit overwhelming, and you may feel the need to be proactive. But remember, we created your financial strategy based on your goals, time horizon, and risk tolerance, and we anticipated there would be unsettling events along the way.
Please don’t hesitate to reach out with any questions or concerns you might have. In the meantime, our thoughts and prayers are with the people of Ukraine and anyone impacted by the crisis.
Related in volatile markets:
Investor biases and emotions during turbulent markets
Investment statement worries. When market swings rattle your confidence.
This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.