Britain exiting the European Union has no doubt rattled global markets. 

“Brexit” will be flashing on our televisions, smart phones and social media feeds in the weeks to come.  “Experts” will appear on news outlets to make their bold predictions on how this will all shake out.  We want to remind our clients that throughout history there have been multiple news stories that put fear into all of us.  Do not let the news media scare you into making knee jerk decisions that could derail long-term plans. 

Attached is a chart that highlights many historic events throughout our history that at the time seemed like a doomsday situation.  Also included is how the S&P 500 reacted during the event and in the coming months and years after.  You can see that in most cases even a short 1-month after the crisis the S&P 500 was positive.  As you review the 1-year, 5-year and 10-year numbers you can see they look better and better as time goes on.  Please take the time to review this information to put things into perspective.

If you would like to discuss the “Brexit” further or want more detail on how this affects your situation we are always available to talk with you.  Please do not hesitate to reach out to us.  801-475-4002.

Billy Peterson- CFP, CDFA, RJFS, President of Peterson Wealth Services

Shaun Peterson-Financial Advisor

Markets Recover from Crisis

Brexit Table

Note. Putnam Investments: Investor Education. Article II511 297252 1/16.

Any opinions are those of Billy Peterson and Shaun Peterson and not necessarily those of RJFS or Raymond James. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Investing involves risk and you may incur a profit or loss regardless of strategy selected. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. Past performance does not guarantee future results.”

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