Today, we’re going to dive into a replay of a webinar I hosted on January 27th called “2023 Market Outlook.” I’m joined by financial planner Katie Kavehrad and my father, Jon Bednar, to talk about a few different market pieces that we’re internalizing and giving advice and guidance to our clients on in the coming year. Listen in as we discuss the debt ceiling increase, S&P 500 valuation measures, consumer confidence surveys, and more.
These webinars are an important way we like to connect with our clients to give updates and shed light on current affairs and their impact on your finances. In this particular webinar, you will hear what areas to be paying closer attention to and how you can be aware and prepared for what might happen next in the market, so don’t miss it!
Listen to the Full Episode:
What You’ll Learn In Today’s Episode:
- The debt ceiling, how it has changed, and why it’s important.
- The S&P 500 valuation measures.
- What the market is indicating as far as recovery possibilities.
- Why there is reason to be more confident this year.
- Where labor demand is and what it tells us.
- What is happening with rate hikes.
- Where inflation is hitting the most and what to expect.
- Investment options that have changed and new opportunities related to those changes.
- The role of volatility and the value of long-term investing.
Ideas Worth Sharing:
- “In order to keep the government open, they’re looking for an increase in the debt ceiling. This is important because if we do not get an increase, we are technically defaulting on the debt.’” – Jonathan Bednar
- “The lower that PE number is—16.65 now vs. 24 in the 90s—the more value you have. It reflects something that is much, much less overvalued than say, something like a 24 PE. If 16 is where we’re at, you could say the market is fairly priced.” – Jon Bednar
- “We’re seeing a record number of people quit their job to go look for a better job.” – Jonathan Bednar
Resources In Today’s Episode:
- What The Wealth?! by Jonathan Bednar
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