How is the economy going to change now that we’re in the fourth quarter of 2021? Is it still going to be like the last 3 quarters or not? How will it impact our economy in 2022 and the coming few years?

There has been a lot of uncertainty in how things are happening, which is leading to market volatility.

In this episode of the Secure Your Retirement podcast, we have Andrew Opdyke, a Certified Financial Advisor, Economist at First Trust Advisor. Listen in to learn how the current state after COVID is impacting our economy, inflation, and unemployment.

In this episode, find out:

·      Reflecting on the first and second quarter of the year and how the third and fourth look like.

·      How housing consumption and rent prices impact inflation.

·      The likelihood of reacceleration in inflation numbers in the coming years.

·      Andrew compares 2021 to 2013 and why uncertainty in different areas will cause market volatility.

·      Why the employment healing is going to take the market a few years to recover.

·      The minimal impact of the Chinese fund Evergrande on the US economy and S&P companies.

·      Why US partisan politics are likely going to be the next volatility.

·      Why Andrew is excited about the impact of the potential innovation in the US.

Tweetable Quotes:

·      “Uncertainty, in general, is the key driver of volatility in the market.”- Andrew Opdyke

·      “As we move through the fourth quarter and the beginning of next year, we could see reacceleration on the inflation numbers.”- Andrew Opdyke

Get in Touch with Andrew:

·      LinkedIn: https://www.linkedin.com/in/andrewopdyke/

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.