Elite financial advisors seem to think a Donald Trump presidency would be bad for investors, a new survey by the Financial Times and Ignites Research has found. But even with his popularity falling, more FAs believe he would be better for their clients' portfolios than his Democratic rival, Hillary Clinton.
Investors are racking up billions of dollars in defaults on loans taken from their 401(k) plans, ignoring warnings from financial advisers they're incurring needless tax hits and endangering their retirement nest eggs. At the same time, participants in 401(k) plans have been taking out more loans against their accounts since the start of the financial crisis, according to one recent industry study.
Corporate earnings growth in Japan isn't likely to reach the levels it did last year - when profit soared by a hefty 55% - but that hasn't stopped many investment advisers from predicting a continued rebound for the world's third-biggest economy.