Investment Executive
March 1, 2022.
As investors catch their breath after a volatile start to the year, a report from Richardson Wealth offers a warning: “If the reversals in January were tough to stomach, it may be time to revisit your risk profile.”
The firm’s investor report for February, released on Tuesday, noted that even well-balanced portfolios suffered last month with bonds and equities down, and international markets highly correlated.
“After a formidable run since March 2020, with the S&P 500 nearly doubling and the TSX up over 80%, markets finally answered the volatility door in January that had been knocking repeatedly,” the report said. “News, headlinesand data that could have derailed equities throughout 2021 were finally heard, leading to massive selloffs in many markets and sectors.”
