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Market Impact: 0.15
Affordability concerns loom large for advisors' clients ahead of midterm elections, survey finds
Source: CNBC
Consumer Demand & RetailFiscal Policy & BudgetHealthcare & BiotechInvestor Sentiment & Positioning
A new advisor survey found that clients are concerned about both near- and long-term living costs, as well as the future availability of Social Security and Medicare in retirement. The findings point to cautious household financial sentiment and concern over retirement-income security, but provide no quantified market-moving data.
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