2024 Economic Forecast: Part 3

Jeff Green |

The M2 monetary supply, taxes, and the outlook of different markets.


Today, I’m sharing part three of my interview with Brian Wesbury, Chief Economist at First Trust Portfolios. You can check out part one here and part two here. As we wrap up our conversation, we discuss the real estate market, the impact of the money supply on the economy, our opinions about the Federal Reserve, and what we think is going on in the oil and gas sector.


Feel free to watch the full message by watching the full interview, or you can use these timestamps to direct you to various points in the video:

0:00 — Introduction

0:11 — Discussion of the booming Texas and Florida markets compared to high-tax states

1:28 — Stock market prediction

2:17 — M2, or demand deposit, and its historical growth rate

2:47 — Explanation of the rapid increase in M2 during COVID

4:53 — M2 and its impact on the economy

5:24 — Milton Friedman’s contribution to economics and economic policy

7:24 — The Federal Reserve and the economy

8:25 — Oil and gas outlook

10:08 — Wrapping things up


If you have any questions about this topic or financial planning in general, don’t hesitate to contact us by calling or sending an email.

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