“The stock market is a device to transfer money from the impatient to the patient.”
– Warren Buffet
The Through Line: Markets started the week on a shaky note with tariffs and a potential AI/jobs apocalypse dominating the story line. When the worry closet door opens, timelines shorten and investors find it hard to focus on long term strengths. Volatility in and of itself is not risk. In fact, dramatic fluctuations can present important opportunities to reposition, align and rebalance, as long as underlying fundamentals remain intact.
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