We have been in constant contact with our clients and to follow up on our recent conversations via phone and email, we sent this brief note about the markets and their portfolios.
Both stock and bond markets continue to move to extremes daily, though we are starting to see the range of the up and down not be as severe. Over the last few days, we have seen some blue skies in the stock markets. How long this lasts is, of course, an unknown. What we can say with certainty is that your portfolios are at the safest positioning and asset allocations they’ve been at any time. We have managed to avoid the worst of the downturn and will be looking for the best, risk-adjusted opportunities available as they come up.
In fact, we have already seen opportunities here and there that we have taken advantage of in a consistent and careful fashion. These opportunities will help your portfolios recover to the values we saw prior to this investment and lifestyle shock.
As always, we are available to you, our client, for a more in-depth conversation to discuss the particulars of your portfolio and our strategy moving forward.