It’s a tricky time to be navigating financial markets; it’s an even trickier time to navigate them for clients.
Clay Nickel, chief investment strategist at Arvest Wealth Management, provided insight into how he’s approaching a volatile financial environment for his team and their clients. Leading the charge for uncertainty is the on-again, off-again nature of tariffs deployed by President Donald Trump to alter trade relationships globally. The tariff strategy has resulted in a deep plunge in financial markets since they were announced.
The S&P 500, Dow Jones and NASDAQ have all seen dramatic downturns in their values in recent weeks. Nickel said a lack of clarity in the goals of the tariffs is partially driving the declines.
“The idea behind tariffs is not always well spelled out,” said Nickel. “Initially, some of the tariffs were based on certain policy or security…