Never miss an update! Subscribe to LifePro Asset Management’s YouTube Channel!

Market & Portfolio Review: 3-18-21

Share on facebook
Share on linkedin
Share on twitter
Share on email

Asking the Right Questions

One year ago today, humanity and the global economy were reeling from the devastating impact of the COVID-19 global pandemic. What made this time period particularly painful was that uncertainty was not contained to our portfolios but was pervasive across our careers, our finances, and most importantly, the health of those we love. Despite these challenges, we had to march forward and continue along our human journey, meet these challenges head-on, and have a game plan to survive and thrive in a post COVID world. Investing through COVID-19 was no different. It required fortitude, research, and most importantly, an investment playbook to help us maintain long-term discipline.

Thankfully for our investors, we not only had a playbook to meet the COVID challenge, but our clients and advisors stuck to the plan and thrived as a result. Going forward, the lessons learned from the crises of a year ago will help us become better investors, improve our playbook, and stay disciplined during periods of heightened uncertainty.

In this week’s stock market update, we will review the playbook we used for the COVID-19 selloff that ravaged investors during March of 2020 and how we can apply that to the current moment of weakness across growth-focused stocks, as well as stock market corrections in general. Second, we also want to review what the Federal Reserve had to say from its Wednesday meeting and what that means for interest rates and your portfolio. Lastly, the market review will wrap things up with a thorough conversation about the concerns surrounding inflation and whether the data is backing this up or if we are merely entering a period of rapid normalization post COVID-19.

The information here is presented by licensed professionals and not specific to any individual’s personal circumstances. Investment advisory services offered through LifePro Asset Management, LLC, a registered investment adviser. Investments involve risk and are not guaranteed. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy will be profitable or equal any historical performance. Discussion of any specific stocks are based on objective, non-performance criteria and such discussion neither serves as a recommendation nor as the receipt of, or a substitute for, personalized advice. Due to various factors, including changing market conditions, such discussion of positions and/or recommendations may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. Forward-looking statements such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” are based on management’s views and assumptions at the time such statements were originally made and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. LifePro Asset Management does not undertake any obligation to correct or update any forward-looking statements on the LPAM Site.

Robert Reaburn

Robert Reaburn

Robert Reaburn is the Executive Vice President and Head of Wealth Management at LifePro Asset Management. He works with financial advisors building diverse financial portfolios that best empower their clients with a lifetime of financial security.

Add Your Heading Text Here