UCLA Extension Business Insights

Ep. 98 - Higher Interest Rates + Borrowing Costs for 2023; Planning for a Recovery Starting in 2024


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Out of control spending has deferred a major recession but time is running out. Interest rates due to banking sector stresses will remain high this year and next given the federal government’s need to refinance almost $15 Trillion of debt this year and next. Begin thinking about the natural resources and energy sectors as attractive investment opportunities for a recovery starting in 2024.
Please refer to these links to simulate your plans for next year:
https://www.etftrends.com/2016/05/23-best-etfs-to-track-basic-materials/
https://www.kiplinger.com/investing/etfs/603452/commodity-etfs-to-ease-inflation-worries
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