THE FINANCIAL COMMUTE
Hosted by Wealth Advisor Chris Galeski, THE FINANCIAL COMMUTE is a weekly podcast that gives the rundown on what's going on in the current market, how it affects you, and what you can do about it – all designed to fit into your commute. Each week Chris welcomes an expert guest, including Morton Wealth advisors, fund managers, and investment analysts, to break down complex financial topics. Our goal for this podcast is to provide you with the tools to help you navigate this challenging environment, leading to a path of more confident investing.
THE FINANCIAL COMMUTE
A Year In Review & Looking Ahead
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Happy New Year! On today’s episode of THE FINANCIAL COMMUTE, host Chris Galeski invites Chief Investment Officer Meghan Pinchuk to reflect on 2023 and discuss what this new year may bring.
Due to the recent moderation in the inflation rate, markets responded positively, and the Fed announced they will cut interest rates in 2024. Meghan reminds listeners that just because the inflation rate has moderated, prices won’t necessarily come down- they will just increase at a slower pace. Meghan and Jeff also discuss how bonds’ performance rebounded in 2023 after a poor 2022, as well as gold. They agree that gold is a store of value in a portfolio, serving as a hedge against inflation.
Going into 2024, the upcoming election, political division and a potential recession or economic downturn may leave investors feeling uncertain about what is to come. Meghan and Jeff emphasize the importance of a diversified and resilient investment strategy in times like this.