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P: 877-780-0074 

F: 914-251-0344

info@altiumwealth.com

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© 2019 ALTIUM WEALTH MANAGEMENT, LLC. ALL RIGHTS RESERVED.

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Altium's View of Recent Market Volatility

On behalf of the Altium Investment Committee;

 

We want to offer our thoughts on the recent increase in market volatility.

 

Why are stocks under pressure?

  • Third quarter corporate earnings and forward looking guidance have disappointed investors

  • Concerns over rising interest rates and tightening monetary policy

What are we doing?

  • We still continue to monitor the situation. Current economic data is solid and does not suggest an economic recession in 2019

  • Strategically rebalance portfolios back to target allocations

  • Take advantage of tax loss opportunities

What should you do?

  • Avoid reacting emotionally to market volatility

  • Notify us of any changes in your risk tolerance or personal financial situation

  • Maintain a long-term perspective and keep in mind that market corrections are normal

Altium Wealth Management LLC (“Altium”) is an SEC registered investment adviser with its principal place of business in the State of New York. Registration does not imply a certain level of skill or training. For information pertaining to the registration status of Altium, please contact Altium or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov).

 

The information contained herein is provided for general informational purposes only, reflects the opinions of Altium which may not come to pass, and should not be construed as personalized investment advice.  The performance results presented herein simply reflect the performance of various benchmark indices over a period of time and do not represent any actual performance results of Altium. Past performance is no guarantee of future results and there can be no assurance that any particular strategy or investment will prove profitable.  This newsletter contains certain forward-looking statements that indicate future possibilities. Due to known and unknown risks, other uncertainties and factors, actual results may differ materially from the expectations portrayed in such forward-looking statements. As such, there is no guarantee that the views and opinions expressed in this newsletter will come to pass. Additionally, this newsletter contains information derived from third party sources. Although we believe these third party sources to be reliable, we make no representations as to the accuracy or completeness of any information prepared by any unaffiliated third party incorporated herein, and take no responsibility therefore. Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Clients should contact Altium promptly if they experience changes in their financial situations relevant to the management of their accounts.

 

For additional information about Altium, including fees and services, send for our disclosure statement as set forth on Form ADV from Altium using the contact information herein.  Please read the disclosure statement carefully before you invest or send money.

 

 

 

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