Given the events of the last six weeks, sitting down to a keyboard to tap out thoughts that might be considered illuminating seems daunting. This is especially true given a clientele-readership which has largely been forced to sequester themselves with the media for weeks on end rather than going about their usual daily business.
As we work our way through this difficult time, we wanted to reach out to remind you that your retirement team at CCR Wealth Management is here to help. As the Advisors to your workplace retirement program, we’re here to help you continue to make progress towards retirement despite the challenging environment we find ourselves in. Now that a disrupted 1st quarter has ended, it might be a great time to schedule a 15-minute call or web meeting with us to review your retirement outlook. Please reach out to us to schedule a time for your personal review.
In the meantime – remember that over the course of time the financial markets have demonstrated a remarkable ability to anticipate a better tomorrow even when today’s news feels so bad. While we don’t know where the markets are headed in the short term – history shows us that these moments of crisis pass and economies, markets and individuals tend to prevail despite the circumstances of the moment.
Conveying two seemingly juxtaposed ideas simultaneously is not an easy task—and perhaps it is a futile undertaking. Given the battle occurring across the investment universe (and at our firm) between a real, globally widespread health concern and the more personal question of what investors “should do” about it—we feel compelled to give it a shot.
Yesterday’s 3 ½% drop in broad US equity markets in response to news of a sharp increase in the number of reported COVID-19 (or Coronavirus) infections outside China over the weekend has many investors understandably concerned.
-A discussion about
East and West, China and America
In this outlook, we
are happy to include our in-house analyst Shiqi (Chloe) Gu, CFA in our
discussion. Chloe was born and raised in Shanghai, China. As a native
Chinese, she provides the knowledge of culture behind the Chinese position, and
her insights on the US-China Relationship, Chinese
Millennial’s, the Hong Kong issue and a central
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