(WSJ Front Page) For Many Financial Advisers, Stocks Become a Hard Sell

Posted by Kendall Harmon

Financial adviser Jeffrey Smith recently watched a once-confident client scrawl his fears across a legal pad during a discussion of stock investments: "Congressional stalemate," "unemployment," "European crisis," "corruption."

The client, retiree Nicholas Zerebny, later recalled how his thoughts strayed to Edvard Munch's "Scream" paintings. In the middle of the page, Mr. Zerebny drew a crude version of the iconic screaming face.

"That's how I feel right now," he told Mr. Smith.

Read it all.

Filed under: * Culture-WatchPsychology* Economics, PoliticsEconomyCorporations/Corporate LifePersonal FinanceStock MarketThe Credit Freeze Crisis of Fall 2008/The Recession of 2007--

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Posted December 11, 2012 at 1:00 pm [Printer Friendly] [Print w/ comments]
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