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Secure Your Retirement

Andrew Opdyke - 2024 - 3rd Quarter Economic Update for Retirement

Broadcast on:
21 Oct 2024

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the state of the U.S. economy with insights from Andrew Opdyke, an economist for First Trust Investments. As we approach the end of 2024, Andrew shares his expert outlook on critical economic trends, including the Federal Reserve’s recent rate cuts, the potential impact of the upcoming elections, and the ongoing geopolitical risks that could shape the year ahead. He provides valuable perspective on what these developments mean for both businesses and individuals as they plan for their financial future.

Listen in to learn about the economic forecast for 2024 and beyond, how geopolitical risks may affect markets, and what to expect from the real estate and tech sectors. Andrew explains these complex topics in an approachable manner, helping listeners understand how global and domestic events might influence their retirement planning strategy.

In this episode, find out:

·      How the 2024 election could impact the U.S. economy and markets.

·      The effects of Federal Reserve rate cuts and what to expect moving forward.

·      The role of AI growth and technology advancements in economic growth.

·      Geopolitical risks and their potential to influence inflation and trade.

·      What to expect in the real estate market in 2024 and beyond.

Tweetable Quotes:

·      "The Fed's actions aren't about a single move; it's the broader trend that matters for the economy." — Radon Stancil

·      "When it comes to planning for retirement, we must think long-term and not overreact to short-term market fluctuations." — Murs Tariq

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.