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productivity

    Business Development

    Are Consumers Financially Complacent?

    by Surge Business Consulting October 25, 2017
    written by Surge Business Consulting

    “Success breeds a disregard of the possibility of failure” – Hyman Minsky.

    Complacency causes one to believe the end is further out than may be, and when the curtain closes the pain can endure quite some time.  Current financial times seem to be no different.  With markets remaining at all-time highs, presented employment and housing numbers strong, and interest rates low, for many the last call seems distant.  This has caused planning, and more-importantly execution, complacency with many investors.

    We are in extraordinarily complex times.  National, geopolitical, trade, and market conditions lead many forecasters to believe the end to this bull market and manageable financial times are soon over.  With U.S. and global debt on a juggernaut track and sovereign promises becoming harder to fulfill; planning is more essential today than ever before for households regardless of age, income or net-worth. 

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    October 25, 2017
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