Don't try to time the market, says Neuberger Berman's Holly Newman Kroft

Market Volatility & Uncertainty - The market faces continued uncertainty stemming from administration policies, tariffs, and geopolitical factors [2][3] - Despite volatility, the market hit a new high in June, and historically, markets tend to be positive 12 months after hitting a new high [3][4] - The best and worst trading days of the year occurred within four days of each other, making market timing extremely difficult [6] Investment Strategy - Advises clients to review their strategic asset allocation to meet long-term goals and tolerate volatility [5] - Recommends against trying to time the market, emphasizing the importance of reviewing investments and allocations with advisors [6] Economic Outlook - The consumer remains strong and has absorbed tariffs without significant pause, continuing to spend [8][10] - Economic data is strong, and it's important to differentiate between stock market volatility and the overall economy [8] - Inflation data shows prices of consumer goods are ticking up, with August suggested as a potential peak [9]