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Aug 8, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
After many months of robust job gains, the labor market now looks to be losing steam. Small cracks in the labor market are widening, and the forward-looking data are not encouraging. Could this be the start of a recession? Chief Economist Kathy Bostjancic, Financial Markets Economist Oren Klachkin, and Portfolio Manager Corsan Maley discuss the disappointing labor report and its impact on the markets. Looking for more podcasts from Nationwide Economics? Find us however you listen below.
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Jul 3, 2024 | 
blog.nationwidefinancial.com | Mark C. Hackett |Kathy Bostjancic
Throughout the first half of 2024, investors had to parse different signals and indicators to understand where markets were headed and how to position their portfolios. Although the U.S. economy demonstrated more resilience than expected, some reports were at crosscurrents. Conflicting data on inflation, GDP growth, employment, consumer spending, and sentiment showed that the path toward a “soft landing” would be anything but linear.
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Jun 24, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic |Juan Perez |Juan Pérez
Key Takeaways: A recent Nationwide Retirement Insights® survey on Economic Pressures revealed that 62% of retirement aged (60-65) business owners rated current conditions in the U.S. economy as fair or poor. Financial professionals have a unique opportunity to be the consultative support that their business owner clients are looking for and need when it comes to guidance on retirement planning, succession planning, and other additional solutions for their business.
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May 8, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
Key Takeaways: Nationwide’s Chief Economist Kathy Bostjancic and Financial Market Economist Oren Klachkin discuss the Fed’s decision to keep rates steady in May. Policymakers are still keen to lower interest rates, but the timing and extent of policy easing are somewhat unclear as economic activity remains buoyant and inflation isn’t falling as fast as they hoped. When do we expect to see lower rates and how much easing could occur? Looking for more podcasts from Nationwide Economics?
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Apr 18, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
Key Takeaways: In the face of mounting global economic uncertainty the international economic outlook is top of mind. Factors such as geopolitical tension and conflicts can lead to potential knock-on impacts on inflation and economic growth. Nationwide’s Chief Economist Kathy Bostjancic and Portfolio Manager and Head of Emerging Markets Rebecca Wilder share their global economic outlook amid geopolitical tensions and a record level of national elections this year.
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Mar 25, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
When the Fed is going to cut rates is likely still top of mind with your clients. With inflation still running hot and consumers still strong, the FOMC held the fed funds rate steady at their March meeting. They also released their new macro and interest rate forecasts. Nationwide’s Chief Economist Kathy Bostjancic and Nationwide’s head of fixed income Brad Beman analyze the FOMC’s announcement, their viewpoint for rate cuts this year, and provide their outlook for the economy and financial market.
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Feb 28, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
Key Takeaways: After a long tightening cycle, the FOMC is poised to lower the Fed funds rate this year. When could this happen, and how low could rates go? Additionally, what signs should we be looking for when monitoring rate cuts? Help answer questions from your clients on how future rate cuts could impact investment strategies and the broader economy. Hear our perspective from Nationwide’s Chief Economist, Kathy Bostjancic, and Nationwide’s Chief of Investment Research, Mark Hackett.
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Feb 15, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
Key Takeaways: January’s CPI report was just released, showing that month over month inflation rose more than expected. This could delay the Fed’s plans to lower rates. Help answer questions from your clients on downstream impacts for the overall economy and investors if inflation remains hotter than expected. Hear our perspective from Nationwide’s Chief Economist Kathy Bostjancic and Financial Markets Economist Oren Klachkin. Looking for more podcasts from Nationwide Economics?
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Feb 7, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
Key Takeaways: This month we saw that job growth posted a surprisingly strong increase, demonstrating again that the U.S. labor market is solid and poised to support broader economic growth. This is also impacting our expectations on an upcoming recession. Help answer questions from your clients by hearing our perspective on how we are increasing the odds of a soft landing from Nationwide’s Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers.
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Jan 15, 2024 | 
blog.nationwidefinancial.com | Kathy Bostjancic
The December CPI report delivered an unexpected result, with a notable uptick primarily driven by escalating service costs. This development presents a dilemma for the Federal Reserve as it contemplates a reduction in interest rates later this year. With this dynamic in play, a question emerges: When will consumer inflation revert to trends observed before the global pandemic?
