In the U.K., even amid tense negotiations over Brexit, few British feel overly concerned about their own finances. With financial crises and demographic changes causing significant uncertainty, fear has often manifested in backlashes against traditional governmental and financial institutions. In the last decade, Europe has experienced a noticeable rise in populist attitudes. Over half of college-educated Canadian women invest in stocks or mutual funds, more than ten percentage points higher than the share of women who are college grads in the U.S. This investment advantage exists at all levels of education, even for women without college degrees. North of the 49th parallel, 40% of women invest in the stock market. Even if the market offers the potential for economic prosperity, women are generally in less of a secure position to take the risks associated with investing.ĭespite similar sentiments about financial status, Canadian women were far more risk-tolerant than American women. This financial insecurity may be a key reason that only 26 percent of American women invest in the stock market, despite 41 percent of these same women viewing the market positively. If faced with a financial setback (like unemployment), 22 percent of American women say they would be immediately unable to afford their current lifestyle, nearly double the share of American men (13%). and Canada, fewer shares of women feel they are in “excellent” or “good” financial shape than their male counterparts. In top financial markets, are women living for the moment or planning for tomorrow when it comes to their finances? It’s time for a global financial reality check. However, the biggest gender disparity is in Canada where the double‐digit margins show 85 percent of Canadian women versus 66 percent of Canadian men see a company’s position on social issues an important factor when investing. When it comes to deciding where to invest their money, across all countries surveyed, men and women alike care about a company’s environmental and social stance on key issues than those who don’t. have the greatest gender discrepancy, where the share of women in bad financial shape are 10 to 18 points higher than men. Switzerland, Australia, France, Germany, and the U.S. Korean, Indian, and Chinese women are just as likely to feel prepared as their male counterparts. Asia represents a bright spot in this dim picture. One thing these markets have in common is a quantifiable gender discrepancy, with men having a greater overall economic advantage over women. The United Kingdom, Germany, Switzerland, Canada, Australia, France, Korea, China, India and Japan are the 10 next largest stock markets in size. Understanding these differences – and what causes them – allows us to take practical steps toward inclusive economic growth that benefits everyone. The results present a stark contrast between men and women on a variety of such issues, differences that serve to highlight the ways in which women are often less financially secure and less optimistic about their economic futures. So, to understand the unique experiences and concerns of women, S&P Global, in partnership with SurveyMonkey, conducted an 11-country survey that examines aspects of financial preparedness, investment behaviors, and impressions of the stock market between women and men. Simply put, women are an ever-increasing market force as investors. According to the Boston Consulting Group, women are expected to hold $72 trillion in private wealth by 2020. Workforce Could Send Global Stock Markets Soaring) about the role of women in global markets and the economy.īut there’s one thing we had yet to do: ask women what they thought about their involvement in the market. GDP Growth: Women, and Adding More Women To The U.S. S&P Global has written extensively (see Women were the Vital Statistic of the 2018 Midterm Election, The Key to Unlocking U.S. However, when it comes to global markets and economies, the future for women is less certain. In many cases, such as politics and media, the future is now. The expression “The Future is Female,” captures the current zeitgeist around empowering and including women across every sector of our society.
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