|
Q: Are you seeing a lot of fear among clients right now?
A: Inflation and the pressure of high costs is a major concern for many people, regardless of their overall economic condition. Everyone is feeling the pinch of inflation, though the impact is obviously more severe for lower income levels. At the beginning of last year, declining real estate prices were a bigger fear, though we don’t hear about that very much these days.
Political concerns are also more common, which is normal in a presidential election year. We don’t recommend making major investment decisions based on political races. It is too hard to correctly guess the timing and magnitude of policy changes on the market. And there are so many things that are proposed which never become law or policy.
| 
