Advisors

from InsuranceNewsNet Magazine | March 2023

by InsuranceNewsNet

It’s go time for financial advisors on social media

bet on US stocks to outperform in 2023

Advisors said they believe the biggest challenges to their business over the next year are:

» Volatile markets: 57%

» Inflation: 56%

» Recession: 49% SOURCE: CoreData

Advisors think we are in the worst investment climate since 2008 but are betting on U.S. stocks to outperform this year amid a tech rebound, new research shows.

A CoreData Research study of nearly 500 US financial advisors found almost six in 10 (57%) think U.S. stocks will outperform their global peers in 2023. Driving the home bias is an expectation that technology stocks will stage a recovery. About half (48%) say tech stocks will rebound in 2023, compared to just 15% who disagree.

Next Article

It’s go time for financial advisors on social media

bet on US stocks to outperform in 2023

More articles from this publication:

It’s go time for financial advisors on social media

Women agents and advisors making history in 2023

New York state’s best interest regulation has lasting impact

Simplicity in it for the long haul

The email avalanche

Keep your emails out of the spam folder

A tool that can be part of an effective business exit strategy

RMDs

How advisors can help women achieve greater financial security

This article is from:

InsuranceNewsNet Magazine | March 2023