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The Rich Aren’t Scared by Market Jitters. How They Minimize Risk.

1. Family offices expect 5% returns in 2025, down from 11% in 2024. 2. Over 50% believe cash will yield the best returns next year. 3. 30% of portfolios are in private markets, seen as riskier but promising. 4. Current volatility has shifted focus towards liquidity and risk removal. 5. Investment themes include AI, defense, and large-cap U.S. equities.

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FAQ

Why Bearish?

Decreased return expectations may lead to reduced investment in SPY. Historical examples show lower confidence often correlates with market downturns.

How important is it?

Concerns about public market performance can directly affect SPY trading volumes and pricing.

Why Short Term?

Immediate concerns over liquidity and returns can influence SPY investments soon, as seen in previous downturns.

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