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Security Benefit’s “RIA Economic Outlook Index” finds that advisor optimism around inflation is slipping
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TOPEKA, Kan.--(BUSINESS WIRE)--Jul 10, 2024-- While Registered Investment Advisors (RIAs) report a similar level of economic confidence compared to the first quarter of the year, nearly half now believe that stock market volatility will be higher over the next 12 months than it was in 2023, according to the Second Quarter Economic Outlook Index released today by Security Benefit in partnership with Greenwald Research and DPL Financial Partners. This is the second edition of the quarterly index that gauges RIA sentiment on economic conditions from a range of 0 (extremely pessimistic) to 100 (extremely optimistic). The index score remained steady at 58 in this second edition.