Advisors need to prepare for a ‘short’ recession this year, reports say
Financial Advisor Magazine | January 25, 2023
Priya Vaidyanathan (from #AcuityKnowledgePartners’ Investment Research vertical) highlights the importance of advisors amid a recession. Sharing her views with Financial Advisor Magazine, she explains that advisors should maintain communication with clients, as market volatility could require rebalancing client portfolios to achieve their financial goals.
Extract from the article- “This time the recession is largely due to policy rate hikes by the Fed and other central banks, to contain inflation. This year will be dominated by volatility in the market.”