For the past year, the “looming recession” has been top of mind for people both inside and out of the world of business. What’s in store for the economy in 2024? Newedge Wealth’s Chief Investment Officer, Cameron Dawson joins host and Sofi’s Head of Investment Strategy, Liz Thomas, to share her outlook on the year. The two cover consumer trends, what signs of recession they’re looking out for, and what they expect to see from the Fed.

For more, read Liz’s column every Thursday at On The Money by SoFi, sign up for the SoFi Daily Newsletter, and follow Liz on Twitter @LizThomasStrat.

Notable mentions in the episode:

(00:00 ) Intro

(01:54 ) The biggest surprises of 2023

(06:51 ) The real economic impact of expectations

(10:46 ) Does Cameron foresee a soft landing?

(15:55 ) If there’s so much cash, why are credit balances at all-time highs?

(19:11 ) When will inflation be in the rearview?

(24:20 ) What to expect from the Fed

(28:01 ) Consumer sentiment - “Watch what they do, not what they say”

(32:20 ) The 60/40 - alive or dead?

(35:43 ) When will money markets lose their allure?

(39:13 ) The Hot Minute

(42:13 ) Liz’ Takeaways

Additional resources:

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  SoFi Daily Newsletter: Sign up for the SoFi Daily to receive the latest financial news in your inbox every day. 


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  Investing 101 Center: At SoFi, we believe investing is for everyone — which is why we’ve created a hub with info for beginners and experts alike. Start exploring to get investment education, advice, resources, and more.


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  Wealth Investing Guide: Information you need to know to make your money work harder for you.

Recommended reading:

• Investing in Retail Stocks


• 
  Is Inflation a Good or Bad Thing for Consumers?

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