Last month a long-time client stopped me after a review meeting and said, "this finally feels good again" . . . and that is what worries me.

Tom (name changed for privacy), became convinced that a particular tech stock was destined to keep soaring. Tom was so sure he insisted we double down despite our repeated advice to maintain a more balanced portfolio. The headlines seemed to validate his conviction: analysts were bullish, quarterly earnings sparkled, and the stock reached new highs month after month. Then, the company was hit with a surprise legal issue that sent shares tumbling, erasing a year’s worth of gai

If you’re a Gen-Xer like me, you probably have put more than a few quarters in pinball machines in your time.   Something about that was just a lot of fun.  Now, imagine yourself inside that machine, and that is what the markets have felt like so far this spring, and as we head into summer, it may not get much better.