It’s Only Money
On My Mind
Even in the fog of war, a tank is still visible: Unknown
As the reality of the Iranian conflict settles in and concerns rise over whether the war will remain regional or spark a greater, potentially global conflict, I'm reminded of former Secretary of Defense Donald Rumsfeld’s infamous quote: “There are known knowns, things we know that we know; and there are known unknowns, things that we know we don't know. But there are also unknown unknowns, things we do not know we don't know.”
The markets are trying to determine the future course of the market but do not have a reliable map. What do we know?
The Strait of Hormuz is the only sea passage from the Persian Gulf to the ocean. If a bottleneck persists, oil prices will continue to rise, adding to fears of higher energy prices and, ultimately, inflation.
As a result, we're seeing bonds sell off, yields rise, and an increase in the dollar — all inflationary reactions. Hopes for continued interest rate cuts are being placed on hold as the situation remains fluid. It's been four days.
Markets hate uncertainty, and pricing in uncertainty is impossible. We're taking this as an opportunity to review, regroup, and reallocate.
A Steady Hand
Periods of geopolitical tension and market volatility can feel unsettling. Headlines shift quickly, and markets often respond just as fast. While the news cycle may change by the hour, our approach does not.
At Resolute Wealth Management, our resolve remains steady. We do not manage portfolios based on emotion or daily headlines. We manage them through disciplined strategy, thoughtful allocation, and a clear understanding of your long-term goals. Uncertainty is not new to markets — it is part of investing. What matters most is maintaining perspective and making measured decisions rather than reactive ones.
Just as important, you have direct access to us. During times of turbulence, communication matters. If you have questions, concerns, or simply want reassurance, we are here to talk.
Our commitment remains unchanged: to provide steady counsel, personal guidance, and a disciplined approach rooted in long-term planning.
On This Day in History
On March 4, 1789, the United States Constitution officially went into effect as the first Congress convened in New York City. Though George Washington would not be inaugurated until April 30, this date marked the formal beginning of the new federal government under the Constitution — replacing the Articles of Confederation and establishing the framework that still guides our nation today.