In recent years, T. Rowe Price (NASDAQ: TROW) has faced increasing competition from passively managed investment companies. T. Rowe has delivered over a long time for investors, but the stock has faced quite a bit of volatility in recent years. Today's markets are grappling with interest rates at their highest level in a decade and a half, stubbornly high inflation, and geopolitical uncertainty, which could contribute to more volatility in the coming years.