All In The Family

Not to get all doom-and-gloom on you, but right now we may either be in—or heading towards—a recession. Along with all the larger worrisome implications of such a scenario, the families whom you serve could suffer in a few smaller-but-still-significant ways that you should keep in mind. First, the older generation may notice that interest rates paid on their “safe” money could start drifting toward zero, while the younger set could find it nearly impossible to borrow funds to go to school, buy a home or start a business. Clever clients with cash will figure out that they ...

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