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. This is part two of the series—for part one, please click here.

Feel free to watch the full message above or use these timestamps that will direct you to various points in the video:

0:00 — Picking up where we left off

0:26 — What is an interest rate?

1:30 — Where should interest rates be?

2:00 — Higher rates

4:27 — What will the Fed do?

5:34 — Why isn’t the Fed talking about the money supply?

6:10 — Interest rates can’t stop inflation

6:43 — Wrapping up

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

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

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