April 2023
401(k) Allocation

There are trades.

By: Lynda Elley

While the Silicon Valley Bank, et al, created concern and volatility for markets this past month, markets have digested the event, evaluated the response from the Federal Reserve and appear to have decided that the unique nature of some of the failed regional banks should be containable….and rallied back. Thus far, 2023 has repeated much of the 2022 cycle of sell-off – due to whatever concern – and then investors buy the dip. Unlike 2022, we haven’t seen the sell-off be quite as dramatic this year. Nonetheless, volatility continues to be problematic for following any trend – and the long-term trend still indicates a recession is on the horizon.

So, all models are back to full risk on – for now. As always, if you find your tolerance for the volatility is higher than comfortable, then either move your allocation down a risk level, or simply stand pat with the allocation you currently have. And feel free to reach out with any questions or if you need help in aligning your 401K.

If you have questions, please contact us.

MARKET UPDATE
FINANCIAL PLANNING
FRAUD ALERT

To download the April 2023 Newsletter: CLICK HERE

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