The Post-Great Recession Economy

The CFP® board requires financial planners to attain a significant amount of continuing education to keep their designations current.

This week, Allison and Chad attended the FPA of the Triangle’s 2009 Annual Symposium.

One of the presentations by fellow FPA member, Dennis Stearns, provided some quality economic research that should lend some interesting discussion in our next Investment Outlook Committee meeting.

Here is a summary of some of the interesting ideas he discussed during the presentation:

  • Behavioral Finance (the intersection between psychology and finance) will play a larger role in investor decisions going forward
  • The Great Depression was no comparison to the Current Recession with respect to length or severity
  • Deep Recessions usually mean strong recoveries
  • Be aware of uncertainties and how they can impact scenario planning
  • Barclay’s new research on a Composure Index, which measures an investor’s composure in the face of financial uncertainty, might be a nice addition to gauging risk tolerance.
  • Pay attention to SuperTrends (Globalization, Technology Accelerators, Global Age Wave)
  • Four different ways we can reduce the Federal Deficit (tax, save, inflate and grow)
  • How will the explosion in internet media change the way we deal with a more sophisticated and confused client?
  • How will Long-Term Care Insurance be affected if a cure for Alzheimer’s is found? or if average lifespan increases to 125?

More Like This

Subscribe to our Blog

Get weekly updates with our latest blog posts.

Download our 5 Questions to Ask Your Financial Advisor eBook

We break down some of the most important questions we are asked on a regular basis.

Blog Categories