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.

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Originally Posted at Advisor Magazine on November 20, 2019 by MDRT.