Does Slower Growth Mean Higher Investment Risk?

The US economy has been looking moderately stronger lately, but worries about slow growth for the long run endure—a topic I dig into in my latest article for Financial Advisor. According to some economists, the US is destined for deceleration relative to its historical economic record. If true, the headwinds for money management and earning a risk premium may be set to blow a bit harder… perhaps much harder. As a result, financial advisors (and investors generally) may be inclined (forced?) to assume more risk in their portfolio strategies to compensate for a lesser tailwind in the macro trend.