President of Wealth and CIO Brian Andrew reflects back on 2023 and discusses key insights into investing for 2024. Reflecting on 2023, he notes the surprising resilience of the economy despite earlier concerns and anticipates a potential economic slowdown in 2024, possibly leading to a contraction. Brian suggests that the Federal Reserve's interest rate hikes, while impactful, are taking time to manifest due to the lingering effects of pandemic stimulus. As the conversation shifts to the 2024 presidential election, he emphasizes the potential market volatility associated with policy changes, particularly in areas like tax policy and defense spending. Looking at sectors, Brian highlights the significance of energy policy changes and the growing impact of artificial intelligence on productivity. Talking points for 2024 also include the real estate market, including commercial real estate sectors as well as advice for homebuyers. He also touches on the appreciation of cryptocurrencies and what to expect moving forward. If you’re looking for valuable insights on investing in 2024 make sure to tune into this episode of YMYM!

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