The Potential of Chaos

We hope this finds you well and enjoying the warmer days!

In the first seventy (70) days of 2026, among others, the following events occurred:

• The U.S. military extracted the President of Venezuela from his palace; he is currently being held in Brooklyn.
• The President of the United States suggested, with apparent seriousness, the possibility of acquiring Greenland.
• The Supreme Court struck down the administration’s IEEPA tariffs.
• The first primary contests in what will be the midterm elections kicked off, possibly signaling a change in control of one or both houses of Congress in November.
• There was a decisive shift in the stock market from growth to value as Artificial Intelligence morphed in the mind of the market from a technological miracle to a monster.
• The price of silver went parabolic, culminating in a one-day 31% decline – the largest since March 27, 1980, the day the Hunt brothers’ attempt to corner the silver market collapsed.
• The United States and Israel devastated the leadership of Iran, effectively closing the Strait of Hormuz and causing oil prices to spike; said spike is ongoing with no end in sight.
• In February, the U.S economy shed 92,000 jobs, which was shocking considering consensus forecast was for a gain of 55,000 jobs

It is safe to say that we find ourselves in a moment of economic, financial, political, and geopolitical chaos.  While there is always a crisis (or three) brewing somewhere, a confluence like the current storm is rare.  We should not waste the potential value in this situation, however, which is to reiterate the lesson: Never make rational long-term investment policy out of current events.

This is a terribly difficult idea for most people to digest.  Whenever there is a headline crisis du jour, it is natural – human nature – to fixate on it. Not least because the news pounds away at it day after day.  Subconsciously, our nature defaults to the response: “Surely we need to do something”.

This is a fitting time to remind you that we are goal-focused advisors.  We have crafted a long-term plan to assist you in the achievement of your goals. We are funding or have funded your plan with a well-diversified portfolio whose long-term returns are likely to get you to where you need to go.  Therefore, the challenge is simply to execute your plan over time with patience and discipline.  Simple, not easy we realize.    

We have no more idea how the current situation will be resolved than you do, but what we do know is that it is impossible to reach your goals by reacting to the never-ending succession of current events crises.  We know that the economy can’t be consistently forecast nor the equity markets consistently timed.  At moments of maximum uncertainty like this, we encourage you to tune out the noise and stand by your plan.  All of history confirms that in the long run, this has turned out to be the best advice.  Our hope (and the potential in this chaos), is to free investors from the illusion that long-term, goal-focused, planning-driven investing should ever be affected by current events – it should not.

Please let us know if you have any questions or comments.  Thank you, as always, for allowing us the opportunity to do our life’s work.  It is a privilege and honor to serve you.

Warm regards,

Anne, Atricia, and your whole Curo team