Ultrawealthy population shrank in 2022 amid bear market: study
The bear market of 2022 decimated the ranks of the ultrawealthy.
Source: fortune.com
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Number of Millionaire Investors Is Dropping — New Report Says 'Wealth Preservation' Is Their No. 1 Priority
2021 was a banner year for high-net-worth individuals (HNWIs). Buoyed by unique government stimuli, low interest rates, healthy stock markets and increased liquidity, HNWI wealth and population grew...
Source: yahoo.com
Millionaires hoarding cash, betting on higher rates, CNBC survey says
Wealthy investors are still cautious on the stock market, but not as bearish as they were at the start of the year.
Source: cnbc.com
2023 Could Be the Year of the Bear: Hedge With DBMF
Millionaire investors are expecting the S&P 500 to drop double digits in 2023, the strongest bear sentiment since 2008.
Source: etftrends.com
Investors Expect a Recession in 2023
Many high-net-worth investors expect the U.S. economy will fall into a recession in 2023, according to a recent survey.
Source: etftrends.com