Noise in Markets Is at All-Time High, Says BNY's Minaya

Market Volatility & Investment Strategy - Market volatility is expected to persist due to numerous policy changes [1][2] - The industry emphasizes staying invested with a focus on specific solutions and desired outcomes rather than avoiding risk [4] - Strategic anchors should be tailored to individual needs, such as income generation or specific life events [5] Portfolio Management & Retirement Planning - Traditional 60/40 portfolios may need to be re-evaluated, exploring alternatives to US Treasuries for income ballast [6][7] - The market is becoming more efficient, prompting a broader search for investment opportunities, including private credit [8] - The SECURE Income Act allows annuities and guaranteed income contracts in 401(k) portfolios, addressing the retirement crisis [8] Future Returns & Generational Skepticism - The industry anticipates lower and more measured returns in the next 10-20 years compared to the past 30 years [10] - Younger generations express skepticism about achieving the same portfolio gains as older generations [9] - Finding a specific investment strategy that guarantees high growth (e.g., 15-20%) is unlikely; a more active approach is needed [11]