How will the economy be impacted now that 2022 is here? Covid rates are finally going down and the pandemic is slowly becoming a thing of the past, but how will that impact our economy? 

The US is continuing to reopen and even though we’re still experiencing the aftermath of the pandemic- the inflation rates and the markets are getting back to how they’ve historically been.

In this episode of the Secure Your Retirement podcast, we have Andrew Opdyke, a Certified Financial Advisor, Economist at First Trust Advisor. He explains how the 2022 midterm elections are likely going to affect our economy in terms of tax hikes and the stimulus.

In this episode, find out:

• The positives witnessed in 2021 – the Covid and market situation and what to expect in 2022.
• The expected supply chain progressiveness, which might move the inflation rate later in the year.
• How policy changes and the political climate will likely impact our economy in 2022.
• Why the market is getting tougher and how that will affect the S and P companies.
• Expect the markets to look more like they have historically and not at the same pace they have over the last 2-3 years.
• What the feds need to do to avoid significant market volatility in 2022 and possibly 2023.
• Andrew’s surprise of 2021 on how well companies performed and technological progress.
• Why he’s excited to get back to fundamentals in 2022, and a possible industrial breakthrough.

Tweetable Quotes:

• “Politics is going to play a big role this year on whether or not we get tax hikes and additional stimulus coming into the system.”- Andrew Opdyke
• “We should reset expectations for 2022 and expect the markets to look more like they have historically, high single digits into low double digits for market growth.”- 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.