My first trip back to NYC since the Covid lockdowns - where did the time go? While the news that day was all about the Trump arraignment (I know, how did I pick that day to have meetings right by Trump Plaza and then downtown in the afternoon!), the markets were focused on the OPEC cuts. By cutting production right before summer, we could see higher gas prices and potentially an uptick in inflation - thus making the Fed's job harder. All of this right at the time of a banking mini-crisis. I explained this isn't the time to be taking a ton of risk, how I'm sticking with what was working last year and still avoiding the more speculative areas of the market that have shot up this year. Sometimes a little patience, prudence, and proper planning are in order.