January 2023 Market Update & Economic Outlook
Happy New Year! In the first Market Update and Economic Outlook discussion of the year, Martin Wildy, CFA, and Ryan Ohlson, MBA, explain the relationship between the economy and the markets. With 2022 in the rearview mirror, Martin expounds on the key data points from last year. They also cover several big-picture topics such as the recession, inflation, and interest rates. They highlight the efforts of the manufacturing industry, the job market, and the effect rising interest rates have on our outlook on bonds. China is dealing with high COVID-19 cases; Martin explains how the markets have reacted to this news coming out of Beijing. Finally, with the new year comes a renewed focus on becoming healthier, wealthier, and wiser. Martin gives his advice on how to make 2023 a banner year financially.