Insights Blog
The Experience Mickey Built
Jun 19, 2023 // Adam Bruderly
Typically, when you see a chart like this you think about the implications of revenue, profits, and stock prices. A company that is bouncing back to the point where spending per person at the park is up over 40% versus early 2019. However, I see a slightly different story.
One of shared experiences, lasting memories, and sense of connection that we had lost or needs to be rebuilt. Coming out of the pandemic many families and friends were wealthier from a bank account perspective, however they were bankrupt when it came to social connections. There was a longing to get back to the way it was before and experience the things we had missed. Yet, what I hope we learned over that time is that when we build our plans for the future we make sure not to look to far ahead. That experiencing those moments with friends and family shouldn’t be put off for the “perfect time” … we never know what is around the corner.
At Journey, when we build a plan, our focus is to explore the world your wealth makes possible. Both present and future.
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Four Pillar Friday
Your weekly guide to thriving in every aspect of life—Physical, Mental, Spiritual, and Financial Wellness.
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Mid-Quarter Market Commentary
While the Fed and the market are fairly aligned in their expectations, fixed income markets are likely to remain somewhat volatile while the fiscal impacts of the new administration’s policies become clearer. However, higher yields insulate bond investors from interest rate risk and elevated equity valuations make bonds more attractive on a relative basis. Given the level of concentration within US equity markets, we believe that international, value and small-cap equities provide a critical element of diversification. We advocate building portfolios to achieve your long-term goals as opposed to trying to react to the latest headlines. Please don’t hesitate to reach out to your advisor to schedule time to discuss your financial plan, including your goals and planning assumptions.
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Four Pillar Friday
Your weekly guide to thriving in every aspect of life—Physical, Mental, Spiritual, and Financial Wellness.