We believe a portfolio needs players on both offense and defense when investing for the long term. Setting aside dollars for the short term can help buy time during market volatility.

Replay. Jason Ranallo presents prepared remarks and hosts a Q&A session. Topics include discussion on various themes impacting markets and the economy, notably: market performance, inflation, earnings comparisons, and digital assets.

Change surrounds us in our personal lives and certainly our financial lives. Change can be hard at times, as we naturally seek to find certainty in the unknown.

A non-rebalanced portfolio can lead to being more vulnerable to market segment declines. We discuss why and when to rebalance a diversified portfolio.

We find that 2021 demonstrated the "average of none" better than most. Take the U.S. stock market, for example; only during 6 of the past 96 years did investors experience a result close to the average return of 10 percent.

We can't know what will happen in the next few years. So we start from an assumption of uncertainty. Then continuously prepare and position for opportunities.

To understand the potential impact and duration of elevated inflation, we examine three significant components of CPI, including energy, used automobiles, and shelter. Some may be more persistent than others in the coming year.

We expect volatility and its good friend uncertainty to appear throughout the year. Indeed, this is the risk and reward trade-off that brings participants to the market.