Not long after the end of 2017, HCR Wealth Advisors had a blog post on its website about how 2017 will go down as one of the least volatile years on record. The biggest pullback in stocks during the year was just -3%. Historically the stock market experiences a pullback of at least double digits, so 2017 was unusual. The question is whether 2018 would see more of the same or whether volatility would increase.
HCR Wealth Advisors is a registered investment advisory firm based in Los Angeles, California. It provides financial advice to help people get through the inevitable transitions of life. This can include marriage, a loved one dying, starting or selling a business, or other major life events. As investment advisors, the firm helps clients financially manage these big events in their lives as well as their day to day lives.
In the blog post, HCR Wealth Advisors wrote that it was almost certain that 2018 would be more volatile than 2017. The only uncertainty would be the catalyst for a larger pullback. It could be rising bond yields, some type of international event, or an American policy shift when it comes to trading with China. Unfortunately, no one knows what it will be until it happens.
HCR Wealth Advisors has a team of advisors that is experienced at understanding and managing market volatility. The firm sees the current underlying fundamentals of the global stock market as good but that does not mean that there will not be volatility in the future.
HCR Wealth Advisors seeks to create life-long relationships with its clients and ensure to earn the trust of its clients. The firm also offers its clients educational opportunities to help them understand markets, risk tolerance, and how to save for investment as well as how to live as a retiree. Stay in touch with @HCRwealth by following them on Facebook.
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