The Wealth Advisor

(by Dr. Daniel Crosby) Harken back to the good old days. There were no smartphones to distract us, work was confined to the office from 9 to 5, and politics were less heated. Of course, that's looking back with quite the rose-tinted spectacles. In reality, technology has given us more free time, work flexibility has increased significantly over the past decade, and engaging in domestic social and political movements could have been downright deadly in the 1960s.

Markets have a way of reminding us that smooth sailing isn’t always the norm. We’ve recently seen one of those reminders. A flurry of tariff news, rapid-fire economic data, and sharp reversals in investor sentiment created a market storm that shook even the most seasoned participants. Major indexes gave up gains in a matter of hours. Bond yields leapt. Volatility surged. Headlines used words like “crash” and “plunge.”