This Quarterly Market Update was recorded on April 12th with Jason Ranallo and Ezra Firkins. A shortened recap video is available here, along with the full-length 41-minute version for those wanting further context.

Whether the yield curve is inverted, normal, or flat, we believe that having a financial plan and a broadly diversified investment mix—that anticipates volatility in the short-term—can open the door for a more patient long-term investment strategy.

What keeps retirees with $3 million in their investment accounts from getting approved for a home loan? The short answer is their debt to income ratio. Tyler and Jason discuss.

We check out three data points for context: 30-year mortgage rates, short-term interest rates, and CPI inflation. As investors, we encounter the day-to-day gyrations of markets pricing in risk and expectations with macro trends and the 24-hour news cycle. In the short term, these movements can feel choppy.

To help us understand gains, losses, and tax impacts, we are joined by senior wealth advisor Joe Grochowski. He discusses the relationship between tax returns and portfolio results and how healthy rebalancing can lead to taxable events.

Volatility often increases as market participants take into account new realities. For example, as news of Russia's attack broke on Thursday, US stock markets were set to open the trading day 3 to 4 percent lower. And yet, by afternoon, markets finished the day up 1.5 percent.

Stocks and bonds have been under pressure in recent weeks. To help put some perspective on this we are going to zoom out and take a look at stock markets going back to the 1920s.