Wesbury’s View of the Current Economy & 2023 Outlook: Part 1

Lauren Smith |

Part one of my conversation with First Trust Portfolios’ Chief Economist.

There’s a lot of news about inflation and recession, but what’s truly happening to the market, why is it happening, and what does it mean for 2023?  I recently sat down with Brian Wesbury, Chief Economist at First Trust Portfolios, to discuss these questions and more. In this multi-part series, we’ll explore everything you need to be aware of as we approach the end of the fiscal year and the start of a new one.

Feel free to watch the full video above or use these timestamps to direct you to specific points in our discussion:

0:00 — Introduction

0:20 — The Midterms: What do the results mean?

2:31 — Are we in a recession?

3:20 — What a recession might look like

5:18 — A recession is coming in 2023

6:00 — Scarcity vs. abundance

7:00 — Quantitative easing and the banks

9:00 — Wrapping up

If you have any questions, don’t hesitate to reach out! You can call or email anytime. 

And make sure to follow Brian Wesbury on Twitter: @Wesbury

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