How Can CIA Help You?

Request Consultation
Ask an Advisor
Financial Tools
Request Consultation
Ask an Advisor
Financial Tools
Blog

Matt Reiner Comments to the Wall Street Journal on Current Market Turmoil

 

In an article in the Wall Street Journal (online), Matt Reiner was asked about the reaction amid wealth managers and investors in light of Fed Chairman, Ben Bernanke’s comments concerning the Fed pulling out of its stimulus program.  

 

In an article in the Wall Street Journal (online), Matt Reiner was asked about the reaction amid wealth managers and investors in light of Fed Chairman, Ben Bernanke’s comments concerning the Fed pulling out of its stimulus program. 

 

As the Dow lost a remarkable 559.91 points, in the midst of yields on 10-year Treasury notes rising to an impressive 2.425%, wealth managers found themselves bombarded with nervous investors looking for real time answers.  As chief investment officer of Capital Investment Advisors, Reiner effectively sought to calm the rising tide of concerned investors by sending out a client letter detailing its view on interest rates and their impact on holdings.  The letter emphasized the fact that the sudden rise in rates was a jolt, not a trend. And further advised the spike in rates was an anomaly, and the market would settle itself out.

 

Reiner went on to say that Capital Investment Advisers wouldn’t be making drastic changes to portfolios, as they have stayed a course of strategically shifting out of bonds and into stocks and other income-oriented alternative investments.

 

“Any time we see the market do what it’s doing right now, given how its valued, there is opportunity,” he said.  “The market tends to correct itself quickly.”

 

 


 

Get Started Today

Request Consultation
Ask an Advisor
Retirement Calculator
Retirement Calculator
Social Security Optimizer
eBook
jordan 12 cherry jordan 12 cherry jordan 12 cherry jordan 12 flu game jordan 12 flu game jordan 12 flu game jordan 12 french jordan 12 french jordan 12 french jordan 12 gym jordan 12 gym jordan 12 gym jordan 12 ovo jordan 12 ovo jordan 12 ovo jordan 12 unc jordan 12 unc jordan 12 unc jordan 12 wings jordan 12 wings jordan 12 wings
adidas human race black adidas human race blue adidas human race green adidas human race grey adidas human race pink adidas human race red adidas human race white adidas human race yellow