Economic Predictions and Happiness Indicators

Our 2 Cents – Episode #090

Economic Predictions and Happiness Indicators

Welcome back to a fresh new episode of Our 2 Cents!

On the podcast this week we are discussing a few economic projections that we think might be possible this year. Next, we talk about the findings from a recent study on investors. Then we wrap things up by saving a great listener question for last.

1. Economic Predictions for this Year:
   • GDP Growth Forecast – do we see a recession on the horizon?
   • Housing Market – will we see it cooling off this year, or even the “bubble” burst?
   • Inflation – will it continue to rise as it has been or will it come back down by year-end?
   • The Great Resignation – what impact will the current labor shortage, remote work trends, and people continuing to leave the workforce have on our economy?
2. New Study Finds Clients That Are Using Financial Advisors Are Happier: 
   • What correlates using a financial advisor with increased “happiness indicators?”
   • Plus, Steve and Gabriel will share another interesting finding about relationships that came out of this study.
3. Listener Question:
   • “I tell myself I need to start saving more for retirement, and I pretend like I’m about to get serious and actually do it, but then I can never stay motivated to actually increase my savings. How do I get myself motivated?” – Rebecca

Tune in now to join us for this discussion!

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