B
Blaka
Guest
Economic ups and downs affect how well investment companies do. When the economy is good, these firms get more customers wanting their help especially if they manage things like mutual fund and retirement accounts.
When the economy is bad, investment companies face problems. If the stock market is doing poorly the money they manage goes down, and they earn less from fees. Also when things get shaky, they have to spend more money to handle risks.
When the economy is bad, investment companies face problems. If the stock market is doing poorly the money they manage goes down, and they earn less from fees. Also when things get shaky, they have to spend more money to handle risks.