INVESTOR CONFIDENCE SLUMPS AS RECESSION FEARS GROW Only 25% of Americans believe now is a good time to invest, down from 34% last quarter,…
INVESTOR CONFIDENCE SLUMPS AS RECESSION FEARS GROW
Only 25% of Americans believe now is a good time to invest, down from 34% last quarter, according to an Allianz survey. Half of investors have reduced portfolio risk, while 62% expect a recession and 71% fear market volatility will hurt their finances. Gen Z is the most concerned, citing job security and weaker savings.
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