Economic Uncertainty

By: Liz Strait, Phd


Prominent Wall Street executives’ concerns regarding the economy and financial stability of the US have amplified in recent days. Many experts in the area are suggesting the interest rate will continue to rise and could surpass 7%. This apprehension is driving a more cautious approach towards risk-taking among these financial leaders. This caution is likely to be mirrored by investors and consumers as well. As individuals become increasingly cautious, this will create a feedback loop that will increase feelings of fear and uncertainty, possibly leading to an even larger economic contraction as a result.‍

Client Impact

The narratives from Wall Street executives serve as a bellwether for the financial community, and their cautious stance is likely to resonate with your clients, prompting a re-evaluation of risk and financial plans. Some possible implications include:‍

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