Meredith Sims, ChFC®, CSRIC®’s Post

According to this article (https://ow.ly/lfpW50QhShg), “Despite high-interest rates and unsettling geopolitical conflict, the U.S. economy outperformed the expectations of most economists in 2023.” And “…so far, forecasts for 2024 seem to suggest the economy is kicking off the new year in a more stable position.” At the same time, forecasts have limitations. As quoted in the same article, Fed Chair Jerome Powell stated, “Of course, even with state-of-the-art models and even in relatively calm times, the economy frequently surprises us.” For investing, in the face of the many factors that make economic forecasts “essentially educated guesses,” it’s important to keep a long-term perspective. #retirementplanning #financialplanning #mindfulmoney #heartstrongwealthplanning #sustainableinvesting