Haverford 2024 Annual Outlook

10/01/2024 33 min Temporada 2 Episodio 1
Haverford 2024 Annual Outlook

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Episode Synopsis


Welcome to the Season 2 kickoff of "Speaking of Quality: Wealth Management Insights with Hank Smith”, a podcast by the Haverford Trust Company. In this episode, Hank is joined by colleagues and industry leaders, including Haverford Trust Chairman & CEO Joe McLaughlin, Chief Investment Officer Tim Hoyle,and Vice President & Director of Fixed Income John Donaldson.Joe McLaughlin shares the State of the Union for The Haverford Trust Company heading into the new year. From there, the panelists take a deep dive into the twists and turns of the 2023 economy and the emerging economic landscape. Our experts discuss the deviation from the predicted recession, analyze market dynamics, and examine fiscal policies and government spending. They also offer a lens into consumer behavior and inflation trends as we embrace a “normal” 2024.Episode Summary [00:00] Introduction of Panel [2:00] The Client-Centric Paradigm: Navigating Towards Future Prosperity [6:45] Economic Fortitude and Swift Federal Actions [10:41] Interest Rates, Market Trends, and Economic Forecasts [19:23] Market Precision: Strategies Beyond the Pandemic [24:55] Economic Models, Politics, and Market Volatility [30:09] Closing Thoughts