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Jobs, home prices, market volatility are client concerns, advisors say

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Daniel Acker | Bloomberg | Getty Images

With high inflation and rising interest rates fueling speculation that a recession is on the horizon, it may come as no surprise that financial advisors are hearing these concerns from their clients.

Year-over-year inflation eased a bit in August to 8.3% from 8.5% in July, but it remains far above the Federal Reserve’s target rate of 2%. The central bank raised a key interest rate in September by 0.75 percentage points — for the third consecutive time — to combat inflation, and further hikes are expected.

We spoke with experts from CNBC’s Financial Advisor Council to see what they were discussing with their clients.

So, what is a big worry for…



Source cnbc.com

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