Tariff-ied investors have led to volatile markets since Trump announced his plan to levy tariffs with our trading partners.  (I expect audible eye rolling at my terrible attempt at a Dad pun).  As I write this, yesterday the markets bounced back after a 4 day slide and the S&P 500 posted its third largest one day rally of all time.    

Terrified is how I feel about Lila getting her license in May.  Other fathers tell me this is normal.  This past quarter has been full on dance and cheer competitions for the girls.  Amelia and I went to LA for her 13th birthday trip in February and had a blast visiting friends and family.  As summer plans fill up with camps and activities I look forward to some new adventures with the girls.

Business Side:

• Q1 Market Recap: The S&P 500 pulled back 4.27% in the first quarter.  The Dow Jones pulled back at 4.06% and the Nasdaq posted a first quarter loss of 10.26%.  For a more detailed look at the first quarter, click here.  
• Welcome Tayler!:  Please join me in welcoming Tayler Honeycutt has joined us and hit the ground running.  She is a licensed advisor and comes with experience and a great energy.  If you have some time, I encourage you to prank call her.  You will likely hear from her otherwise.  We are super excited to have her and promise to get her up on the website soon.  Her email is [email protected]
• Tax Season:  We have been busy getting tax documentation to your tax professionals.  If you need anything further before April 15, please email us at [email protected].
• Friends and Family:  With market volatility comes a lot of chatter.  If you are listening to your par

Social Media:

• Google Reviews Matter:  We would love your help in leaving us a Google review.  Your feedback is greatly appreciated. 
• Staying Connected: We want to connect with you more via social media. Let’s connect on Instagram, LinkedIn or at @tmrwwealth, or follow our page on  Facebook. We will be posting regularly on our blog as well so be sure to check it out from time to time.

Quarterly Outlook:

Our first quarter rebalance saw us dial back some of the risk from stock growth and return to the mean.  This has proved to be prudent thus far with rising volatility.  We know that our well diversified approach is the 

• Tariffs and Trade:  The situation is still very fluid with tariffs.  We continue to monitor and dig through conjecture to get to the bottom line.  We are seeking opportunities for certain countries or industries that may benefit from tariffs.  
• Inflation:  Don’t sleep on inflation.  With the threat of tariffs, we could see inflation rear its ugly head again and even pick up steam.
• Interest Rates: The market will likely be paying very close attention to the Federal Reserve meetings and their approach to interest rates.   With the pullback in the stock market, the federal reserve has the ability to lower rates and boost the economy.  On the other hand this could further add to inflation.
• For a more in-depth look at the year to come, click here.

We are here to help.  Many times a conversation can help put things into perspective.  I guarantee we don’t have all the answers but we do have experience with market volatility.  We welcome the opportunity to help friends and family.   

With gratitude,

Matt Logan

_{Disclosures:  Investors cannot invest directly in indexes. The performance of any index is not indicative of the performance of any investment and does not take into account the effects of inflation and the fees and expenses associated with investing.  The views stated in this letter are not necessarily the opinion of Cetera Advisors LLC and should not be construed directly or indirectly as an offer to buy or sell any securities mentioned herein. Due to volatility within the markets mentioned, opinions are subject to change without notice. Information is based on sources believed to be reliable; however, their accuracy or completeness cannot be guaranteed. Past performance does not guarantee future results.  The S&P 500 is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. The Barclays Capital U.S. Aggregate Bond Index, which used to be called the “Lehman Aggregate Bond Index,” is a broad base index, maintained by Barclays Capital, and is often used to represent investment grade bonds being traded in the U.S. Barclays Capital (BarCap) U.S. Aggregate Bond Index is made up of the Barclays Capital U.S. Government/Corporate Bond Index, Mortgage-Backed Securities Index, and Asset-Based Securities Index, including securities that are of investment grade quality or better, have at least one year to maturity, and have an outstanding par value of at least $100 million.}