How Paying Attention To Sectors Can Help Manage Portfolio Risk
ln 1,992, a very popular presidential strategist once said, "lt's the economy, stupid." Admittedly, I fully agreed with Mr. James Carville back then, and it's still true today, Still, allow me to be equally as blunt when I say, "lt's the sectors of the economy, stupid." Presidential politics aside, to achieve success in asset wealth management, you must pay close attention to the sectors of the economy in order to stay ahead of the markets. Even more importantly, you need to know how your financial consultant handles market changes. Are they an asset gatherer or an asset manager?
