Brexit uncertainty. An inverted yield curve. A burgeoning trade dispute between the U.S. and China. Slowing global growth and shifting currency valuations. Is it all enough to spark a recession?
Both groups have become less optimistic since the start of the year, according to Nationwide.
Novice investors’ reactions to stock market volatility present an endless and intriguing field of study for behavioral economists, but for financial advisers, poor client decisionmaking is a serious issue.
CPA financial planners say Americans are also concerned about maintaining their lifestyle and not being able to meet rising health care costs.
Despite a global economic slowdown and increased trade tensions, most major asset managers are not predicting an imminent recession—instead they are urging clients to embrace diversification and stick to long-term strategies.
They also foresee continued volatility in the stock market, but are turning to active management and alternative strategies to mitigate its risk.
And a majority, 65%, say it is tougher now to get ahead financially than it was before the financial crisis, Natixis found in a survey.
They have also become more inclined to work with an adviser since the Great Recession of 2008.
More advisers are turning to alternatives, according to a report from BNY Mellon | Pershing.
An Allianz Life study found that while there was an increase in comfort with the market, workers continue to worry about their retirement savings.
Besides providing investment advice, 88% of advisers think they need to guide clients through emotional decisions.
Paying off debt is their second greatest fear, Franklin Templeton found in a survey.
While 80% of investors say their adviser discusses risk tolerance, only 50% say they bring up the subject of guaranteed lifetime income.
EBRI's longer-term 401(k) account balance statistics offer hope for participants to help them withstand market volatility.
Turning to opportunistic allocations and alternative investments, they expect average returns of 7.2% this year, Natixis found in a survey.