Ready to untangle the web between the Federal Reserve, Big Tech, and your investments?
In this episode, Jim McGovern from McGovern Wealth Group sits down with Michael Trudel, CFA, JD, Managing Director and Global Strategist at BlackRock, to explore the complexities of today’s markets – from the U.S. economy’s surprising resilience to the tech sector’s influence on the stock market this year. Armed with over two decades of industry experience, Mike offers an insightful, well-rounded perspective on the economy and what’s been the financial markets.
Throughout this episode, Jim and Mike discuss:
- Why the U.S. economy is showing resilience despite Federal Reserve actions
- How the major tech companies are driving stock market gains
- How the corporate inventory restocking contributes to positive growth in GDP
- The earnings outlook in the recent years compared to the past
- The rising interest rates and their impact on the overall stock and bond market
- The economic picture outside of the U. S. and how things are looking around the world
- An overview of the bond markets and what investors could expect in the future
- And more!
Related: Unlocking Retirement Security: How Annuities Can Help Protect Assets and Guarantee Lifetime Income