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The Asset Allocator: Debt And The Stock Market

EPISODE · Nov 19, 2019 · 6 MIN

The Asset Allocator: Debt And The Stock Market

from SA For FAs · host Seeking Alpha

MarketWatch’s Mark Hulbert and Seeking Alpha contributor Jeff Miller discuss whether America’s drowning in debt will sink the stock market. This podcast (6:18) argues that while markets don’t rise or fall on debt considerations in the short-term, in the long-term high debt corrodes our self-control and diminishes our ability to make midcourse corrections. I also point out that the indebtedness process is precisely the opposite of the process financial advisors employ to build their clients’ wealth.Learn more about your ad choices. Visit megaphone.fm/adchoices

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The Asset Allocator: Debt And The Stock Market

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