As promised markets hit correction territory this past week. Russia launched a full invasion of Ukraine. The Dow for the week was only off 0.1%, year to date down 6.3%. The S&P finished the week up 0.8%, year to date down 8%. But the critical issue is that the S&P dropped below the critical 10% number this week, which signaled a correction. We haven’t seen that since the COVID lockdowns. The NASDAQ finished the week up 1.1%; for the year, it’s down 12 and a half. The 10-year Treasury was trading at 1.97, and oil finished the week at 91.91—up 22% for the year. What’s happening in the markets to cause all this?

Welcome to Protect Your Assets Market Briefing with David Hollander, investment advisor, attorney, and the founder of Liberty Group. In this short briefing, you’ll get highlights and clips from his radio show and full weekly podcast, Protect Your Assets. We’ll cover topics like smart money moves, how policy affects your investments, generating income in retirement, handling inflation, volatility, and more. You can listen to this show on your favorite podcast app or get it hands-free in your Alexa Flash Briefing, just search for Protect Your Assets Market Briefing on Amazon or your Alexa enabled device. Visit libertygroupllc.com/voice for all the links and details. Thanks for tuning in. Together, let’s protect your assets.