Equity markets might appear unflappable as domestic politics become more turbulent, but advisors are sensing rising tension among their clients.
Advisors are reporting that domestic politics are now causing more sleepless nights for their clients than international politics, according to a recent poll of 218 financial advisors by Hartford Funds, even as domestic equity indexes continue to post new record highs amid low volatility.
“The anxiety levels advisors saw from their clients regarding markets in 2008 and 2009 may exist around politics today,” says John Diehl. “These anxieties are not yet making their way into investment implications.
Source: FA Magazine