The Money Mood Is Down
November 27, 2019 by MDRT
PARK RIDGE, Ill. (Nov. 20, 2019) — With news of the yield curve inversion and the presence of additional economic indicators, many experts are warning consumers of a pending recession expected to hit before the 2020 elections.
A recent study conducted by MDRT shows the majority of Americans (82%) are at least somewhat nervous they will personally be impacted by a recession in the next year or so. High tensions and a split in understanding the financial implications mean financial advisors can refer to the general consumer sentiment to inform their planning and client communication strategies.