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Tuesday, Nov 5, 2024

Banking & Finance Quarterly: Wealth Worries

 

The economic landscape is, well, let’s just say that things have certainly been better. We’re dealing with high inflation, rising gasoline prices, layoffs in the tech sector, low levels of optimism among consumers, and the prospect that a bear market is imminent. That said, money managers are reporting that the majority of their customers are taking it all in stride. “Our clients have been handling it very well,” said Bank of America’s Brad M. Larsen. Read more about what advisers are hearing from — and telling — their customers beginning on page 14. Also in this special report, the ongoing streaming war could very well bring good news to consumers of entertainment as quantity comes to trump quality.

 

Additional Content:

Bear Market? No Stress

Streaming Wars Could Bring ‘Return to Quality’

 

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