Are We Really Worse Off - Hal Ratner, Morningstar
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 Export to Your Calendar 12/31/2017
When: Anytime
Where: Webinar
United States
Presenter: Hal Ratner, Morningstar
Contact: Dee Farris
847-244-3691


Online registration is available until: 12/31/2017
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The prospect of slowing growth, stagnant real wages and increasing inequality informs much thinking in both financial and political circles. Indeed, using traditional measures of income and growth it is difficult to argue not only that standards of living will rise as they have in the past but that current standards can be maintained for the majority.

 

But do these measures paint an accurate picture? Probably not. The IT revolution—artificial intelligence and the internet—has initiated a substantial amount of “technology leakage” from the numbers. While there has always been a gap between economic value and the numbers, the proliferation of non-rival and completely free goods and services has widened this gap immeasurably.

 

While future growth in the traditional or terrestrial economy may indeed be slowing, growth in the cyber economy may not be. Ensuing that advisors and their clients think correctly about the future is vital to effective financial planning and asset management.

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