“Off the Wall” Podcast

Quarterly Market Recap & What You Should Be Doing Right Now

Jul 13, 2022 Market & Economic Updates

Are you wondering: Are we in a recession right now? How is the current market affecting my long-term wealth management plan?

We’re going to answer those questions and more in this episode of Off The Wall with hosts David Armstrong and Jessica Gibbs, and Portfolio Manager Erin Hay.

Listen in to this quarterly and year-to date market update for 2022, as they break down how a well-constructed wealth management plan can give you confidence (even during a recession), whether or not we’re in a recession and what to do (and not do) about it, and the wealth management strategies we’re using that WORK in the current environment.

“This is your moment… to stop winging it, to get out of your own way, and basically become a more skillful steward of your wealth.” – Jessica Gibbs

Are you looking for clarity, conviction and unfiltered advice about your wealth?

You’ve come to the right place.

Episode Timeline/Key Highlights:

[01:59] Introducing the topic of today’s episode

[03:03] A mid-year review: What should be in everybody’s wealth management plan in 2022?

[05:20] How we use Monte Carlo Analysis to stress test our clients’ wealth planning scenarios

[10:34] Newly retired or close to retirement? Here’s how you need to plan for it and why you need an Investment Policy Statement regardless of the stage of life you’re in.

[13:06] What to do if you don’t have a wealth management plan.

[14:37] US Market Update for the second quarter of 2022 and year-to-date

[18:06] Are we in a recession?

[26:48] Should I invest in stocks (for the long-term) right now or save in cash?

[30:49] 4 things that can help us determine the market bottom

[32:42] Wealth management strategies Monument used this year that WORK

[37:10] Parting thoughts & Words of wisdom: Cryptocurrency & Possibilities vs probabilities of markets going up/down

Relevant Resources & Episodes Mentioned:

Listen to the Off the Wall episode with Dr. Daniel Crosby: https://bit.ly/3Ru9zpJ

About "Off The Wall"

OFF THE WALL is a podcast for business professionals and high-net-worth investors who want to build wealth with purpose. A little bit Wall Street, a little bit off-the-wall; it’s your go-to for straightforward, unfiltered wealth advice on topics that founders, business owners, and executives care about.

Related "Off the Wall" Podcasts

How is it that we are already heading into Q2 of 2024? In this episode, we deep dive into the first quarter of 2024 with special guest Jordan Jackson, Executive Director and Global Market Strategist with JP Morgan Asset Management's Global Market Insight Strategy team. Tune in for our breakdown of the Q1 2024 market and our optimistic (and pessimistic) views as we head into Q2.

As a philanthropist, how can you do more than just “give back” to a charitable cause? How do you make a real impact with your time, skills, passion, and money? Should you become a board member for a non-profit? Let’s dive into it. In this Off the Wall chat, hosts David B. Armstrong and Jessica Gibbs welcome Meera Pillai, a retired IT professional turned philanthropist, to talk about the ways you can make an impact through philanthropy and board membership.

With the rising prevalence of cyber-attacks on both individuals and small businesses, it’s more important than ever to learn how to boost your cybersecurity and protect the wealth you’ve worked so hard to grow. In this episode of Off the Wall, you’ll meet Cathleen Phelps, a Client Experience Manager at Monument, and Bill Phelps, a Cybersecurity Expert and Strategist with over 26 years of experience.

Feb 16, 2024 FAQs

Stay up to date!

Subscribe to our “Off the Wall” Blog for articles and videos on all things wealth management, by all members of our Team. Unlike Facebook, we will never share your data with anyone.