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.
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.