The recent global economic crunch is forcing individuals and institutions to rethink their investment strategies going forward. As Q4 is set to begin and the holiday shopping season gets underway, millions of people are adjusting their long-term financial savings and investing plans to accommodate the new fiscal realities of 2022/23. Inflation, supply chain troubles, skyrocketing gasoline prices, and an out-of-whack housing market are just a few of the factors behind the new trend.
Since the beginning of the year, the inflation rate in the US and most other developed nations have not let up. The latest economic and labor numbers from the government bolster the belief that things will get worse before they get better. That mindset is what’s largely behind the recent switch in consumer investing trends.
Overall, the shift is away from standard equity shares and into real estate and hard assets. In every state, new and…
