1/5/23: Why You Shouldn’t Care That We’re Headed to a Recession

Yes, inflation hit a 4-decade high in 2022, the cost of goods and energy is up globally, and half of economists say a recession is in our future. According to the IMF, 2023 will be the worst year for the global economy since 2001. But investors and advisors need to keep this fundamental truth in mind: there’s a huge difference between the stock market and the economy. You need to know the key indicators and not get overly pessimistic – there are opportunities here. Today’s sponsor: Global X ETFs and Invesco QQQ Subscribe to podcast updates Ask Ric a question on his show Follow Ric on social media: Facebook Twitter YouTube Instagram