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
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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.
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