It’s Been a Week (Again)

Big moves. Bigger headlines. Same long-term plan.

Feb 20, 2026

It’s been another wild week for investors and yet, markets trade slightly below their highs set only a couple weeks ago. This week we again saw big swings, loud headlines and strong opinions everywhere.

And this was the headline of the day:

As we frequently remind our clients — volatility is normal. It’s the price of admission for long-term growth. Our job isn’t to react to every headline. It’s to stay disciplined, focused, and aligned with your plan.

Below is an excerpt from this mornings market comments from Tony Pasquariello, Global Head of Hedge Fund Coverage for Goldman Sachs. I think this sums up mix of uncertainty and opportunity well.