- October 3, 2019
- Market Commentary
- Comments : 0
Majority of ultra-wealthy expect recession next year
Fifty-five percent of the super-rich around the world are already preparing for a recession. That’s according to a survey by Swiss wealth management company UBS of 360 global family offices with an average family wealth of $1.2 billion. Results showed 55% of family offices see a recession by 2020,...