024: The Recession of 2023: Answers to Your Burning Questions with Andrew Opdyke

The big topic for 2023 that is on everyone's mind has definitely been the looming recession. Which leads to questions like: Will there be a recession? And if so, how bad will it be? Are we in a recession right now? What's happening with the Fed, and what should we do about it?  So, the timing couldn't be better to welcome Andrew Opdyke, Senior Economist with First Trust, back to the podcast. You've got burning questions, and he's got answers.  In our conversation, we get into how unprecedented stimulus can give way to runaway inflation, why the Fed has been raising interest rates so aggressively, and why Andrew is still optimistic about American progress and innovation. He'll also break down some key indicators that if/when a recession hits, it might not be as bad as some of the earlier predictions. In this podcast interview, you'll learn: The factors that influence our markets and contribute to the risk of recession. How the Fed's thinking changed in the wake of the Great Depression, the Great Recession, and the COVID pandemic.  Why we're likely going to see many companies down on earnings in the next several months. How to cope with the fact that it's all but impossible to predict everything that will happen in the world or time the markets. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube