Jan 17, 2023
Summary:
We’re halfway through the first month of 2023 and consumer
sentiment is better than expected. Will the January effect
continue, and are good times here to stay? Edward Siddell comes on
the show to talk about this, and is unsurprised by consumer
sentiment given everything else going on. With rising inflation
comes a subsequent rise in credit, meaning that people’s spending
ability was unaffected during the holiday season. Nonetheless, we
should brace ourselves for the inevitable—which will entail a bad
earning season and many jobs lost, according to Edward. We should
expect another round of quantitative easing, as well as a recession
of unknown depths in the near future. Tune in to find out more.
Useful Links:
Financial Survival Network
EGSI Financial