From Our Point of View

We are in an unprecedented time in our country, and really, throughout the world. So much is unknown, but at Shelton Financial Group, our primary concern is, and always will be, the health and well-being of our clients, our staff and our business vendors. Words and phrases like “social distancing”, “flattening the curve”, and “shelter in place”, are just a part of our everyday existence. Everyone is confused, everyone is concerned, and I think everyone wants to do the right thing during this time of turbulence.

Equity markets opened sharply lower this week, triggering the the first marketwide trading halt during market hours since 1997. After trading resumed in the morning, equities remained depressed throughout the day as the market reacted to the dramatic fall in oil prices and continued uncertainty about the ultimate impact of coronavirus.

The stock market is unpredictable, uncontrollable, and unexplainable. Many investors want to believe there is some crystal ball or magic wand that can give us a “heads up” when it comes to market declines. The truth is that sometimes markets go down without warning and without great notice and more than expected. But if you’re honest, the truth is that sometimes the markets go up without warning and without great notice and more than expected and THAT is what keeps us all coming back.

Investors awoke today to news about a somewhat unknown market policy called “Circuit Breakers”. Although not new, the current “rules” were put in place...

I’m writing on Monday morning, March 9, 2020. Is this market okay? How bad can it get? Will it recover? All fair questions. How about some data. From peak to trough (that means high point to low point) in the 4th quarter of 2018, the Dow was down 5036 points or -18.77%. Culminating with a Christmas Eve capitulation. Can you say Merry Christmas!!

My start in the financial industry was the result of combining a passion and a need. For as long as I can remember, I’ve had an interest in the investment world. So when a close friend asked me if I’d be interested in interviewing at his financial firm, I jumped at the opportunity to use my passions and skills to help people with their finances.