Read the latest financial news, market insights, and wealth management strategies from Wealth Oklahoma’s Tulsa-based advisors.
A rising tide lifts all boats is an aphorism that held broadly true for equities this past quarter, although some boats are riding higher on the waves than others. From Memorial Day to Labor Day, the S&P 500 climbed steadily to post its third-best summer performance in nearly four decades.
The ink on our March newsletter was barely dry before chaos broke out in the equity markets, plunging the S&P 500 into almost bear territory. The catalyst was sweeping tariff announcements, which sent investors into a tailspin of uncertainty.
When markets turn rocky, the sage of Omaha, Warren Buffett, consistently offers sanguine, if not downright uplifting, advice. At such times, he assures us: “The true investor welcomes volatility … a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.”
Highly respected Tulsa-based firms Stolper Asset Management and DCH Financial Services have joined forces to create Wealth Oklahoma, a financial services company dedicated to providing tailored investment advice and solutions.
The New Year is a time for fresh beginnings and exciting ventures, and we welcome in 2025 with a brand new name and location, as well as exceptional new colleagues.
