An aging advisor population (52 on average) should pay particular attention to the following.
Are you getting killed by the stock market? It’s not a figurative question, as new research indicates that poorly performing markets result in a corresponding increase in health risks.
Economists and public-health researchers have teamed together to produce a new report, titled “The Dow is Killing Me: Risky Health Behaviors and the Stock Market,” which finds a correlation between poor health and poor returns.
It’s penned by Chad Cotti of the University of Wisconsin, Richard Dunn of Texas A&M University and Nathan Tefft of the University of Washington’s Department of Health Services.
“The capital asset pricing model predicts that the stock prices capture all publicly available information about the discounted expected future cash flows of firms,” the authors begin. Thus, a large decline in stock market indices may signal impending widespread economic distress.”