When I penned our preceding Outlook just three months ago, the equity market had collapsed so rapidly as to make the multi-quarter pace of the financial crisis seem almost leisurely. Despite many differences between the two periods, one thing is the same: Now as then, those who stuck to a disciplined approach to asset allocation—including rebalancing where appropriate—were able to incrementally benefit from this moment of extreme market dislocation. The team at Clear Harbor believes strongly that discipline is the surest defense against many blunders in wealth management. We are grateful to our clients for trusting our process, and for working with us to ensure that our strategies for achieving your short- and long-term objectives remain aligned with your own tolerance for risk.
Quarterly Market Outlook
The Clear Harbor Market Outlook is a quarterly market update.