According to the ABC News/Washington Post Poll (https://www.langerresearch.com/wp-content/uploads/1207a3-Trump-and-the-Economy.pdf) on Trump and the Economy published on 10 September 2019, six out of ten Americans are expecting a recession in 2020. Afterall, the ongoing US-China trade war have posed great uncertainty to businesses and weighting down on global economy. However, the National Bureau of Economic Research (NBER) … Continue reading 2019: Are we facing a recession or economic slowdown?
In Investment Management, Luck is by far one of the most important factors. It is second only to the withdrawal rate for influencing the portfolio life. In the investment community, we generally ignore it. Many advisors feel uncomfortable conceding that the success of an investment plan has more to do with luck than their talent … Continue reading Are you Wealthy or just Lucky?
A study done by JD Power indicated that only 1 in 5 customers feel that their bank representatives have spent enough time identifying their specific needs before offering products and services. This correlates to the 69% trust level reported by the customers’ whose needs were met compared to 43% of trust level from customers’ whose … Continue reading Private Bank Clients Leaving For Better Services