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| Name | 3 market risks that could spark volatility in 2024 |
| Video Uploader | Video From Yahoo Finance |
| Upload Date | This Video Uploaded At 07-07-2024 20:00:07 |
| Video Discription | Market volatility within the S&P 500 (^GSPC), as measured by the Volatility Index (^VIX), has remained subdued throughout 2024. However, with looming uncertainties surrounding the upcoming election, potential Federal Reserve rate cuts, and other factors, investors are questioning what level of volatility may lie ahead. Anthony Saccaro, President of Providence Financial and Insurance Services, joins "Wealth!" to offer his insights. Saccaro emphasizes that investors should focus on "the phase of life that you're in," advocating for tailored strategies based on individual life stages. Regarding retirement planning, he advises that older individuals nearing retirement should consider shifting their approach, given the current record-high markets. He recommends transitioning from a "growth first, income second mentality to an income first, growth second mentality." Looking ahead to the second half of the year, Saccaro highlights three key risks for investors to monitor: persistent inflation concerns, recession fears, and geopolitical risks and their potential market impacts. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance #economy #stockmarket #yahoofinance |
| Category | News & Politics |
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