On this episode of Paychex THRIVE, a Business Podcast; host Gene Marks is talking with Lyn Alden, Founder of Lyn Alden Investment Strategy about the outlook of the 2023 economy. Listen in as Lyn does a deep dive on everything from fiscal deficits, the impact of a strong labor market, which industries will stay strong, how the national debt will impact businesses, inflation, and much more.
Topic Include:
00:19 – Introduction to Lyn Alden 03:52 – Reading this year’s economy 06:15 – Predictions for economic conditions 08:18 – Fiscal deficits 09:47 – Demand suppression during 2023 11:15 – The strong labor market 12:10 – Strong vs. weak industries 15:12 – Interest rate sensitivity 17:56 – Impact of rising interest rates 20:09 – The national debt 22:52 – inflationary periods 26:37 – Wrap up
Get more information on different types of financing for small businesses at www.paychex.com/articles/finance/securing-small-business-financing.
Have a guest or topic you’d like to suggest for the show? Submit your ideas at payx.me/thrivetopics.
Learn more about Lyn and investment strategies at lynalden.com
DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.
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