Matt Curfman, CFP®, CEO & Co-Owner of Richmond Brothers, discusses the intensification of the market sell off and what you can do to help mitigate volatility in a potential market correction.

0:00 Introduction
0:33 Recent political headlines
0:54 Federal Reserve lower interest rates?
1:21 Higher market volatility
1:40 What this means for clients
1:56 Smoother Ride “safety nets”
2:36 What Smoother Ride means
3:04 Corrections are normal in bull market
3:28 RB isn’t terribly concerned at moment
3:53 Questions? Please reach out
4:24 We are here for you and will reach out individually as needed

Or check out the Closed Captions here!

Sources:

YCharts

Research Reports

https://www.cnbc.com/2024/08/01/stock-market-today-live-updates.html

https://www.cnbc.com/2024/08/02/perspective-theres-typically-one-correction-every-year-and-this-could-be-it.html

https://www.cnbc.com/2024/07/31/fed-rates-heres-what-usually-happens-to-stocks-when-fed-cuts.html

The commentary in this video reflects the personal opinions, viewpoints and analyses of Richmond Brothers employees, and should not be regarded as advisory services provided by Richmond Brothers, and are subject to change at any time without notice. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Past performance is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Richmond Brothers, Inc. does not provide tax advice.