Distractions from Election Day mania are expected to be so extreme, it may cost the American economy billions of dollars per hour.
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Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.