Markets Happy Hour Podcast - Some Perspective - March 14, 2025

In today's podcast - much abbreviated due to travel logistics - we get to the heart of the recent market downturn, the uncertainty coursing through markets and why it is damaging, as well as the surge in interest in European stocks - value stocks in particular. Gold is riding high amid this uncertainty, while domestic political (government shutdown) drama continues to add to the flurry of noise. We attempt to add some perspective to the current market downturn - citing the fact that the median S&P drawdown over the past 40 years has been -10%, which is where the current drawdown sits approximately, and also that the market corrects by this amount approximately once every two years. This is valuable perspective when we try to contextualize the current turmoil, and will have a follow up episode where we discuss uncertainty and speaking with clients.