What To Expect In 2024; Fritz Meyer, Feb 2024

Event

Title:
What To Expect In 2024; Fritz Meyer, Feb 2024
When:
Tue, 13. February 2024, 04:00 PM EST - 05:00 PM EST
Category:
Webinars
Created by:
Andrew Gluck

Description

2023 was filled with good surprises and 2024 is starting out much the same way. ​

​Consensus forecasts of economists predict anemic GDP growth of 1.65% in Q4 ‘23, slowing to 0.94% and 0.55% in Q1 and Q2 2024 before rebounding in the second half of the year.​ Fritz Meyer says the consensus is gloomy. 

Despite the gloomy consensus forecasts from the latest surveys by The Wall Street Journal and Blue Chip Financial Forecasts, stocks are breaking records highs and GDP is poised to surprise prevailing economic fears. 

Fritz Meyer insists he’s no guru, but he was right in 2023 for discounting the significance of the collapse of the LEI and inversion of the yield curve and for invoking the Goldilocks metaphor amid record-low consumer confidence.

At this class, Fritz shares what he sees for 2024, answering questions including: 

  • What should I expect of the U.S. economy in 2024?
  • What's at stake at the Fed's Jan 31 meeting?
  • How are stocks valued compared to the historical norm?
  • What's the most important fundamental data point right now?
  • With the p/e multiple high by historical standards, how can you be bullish?   

Fritz Meyer's monthly course has averaged more than a 4.7-star rating for over a decade and has history of:

● contextualizing current financial economic metrics versus the long-term historical record

● providing knowledge needed to formulate and explain the outlook concisely 

● explaining Federal Reserve actions and outlook

● implementing a prudent discipline for fiduciaries managing portfolios ERISA assets

● analyzing the latest financial data, including:

● M2 still very high relative to its history

● last week’s Fed meet and policy pronouncements

● new-job formation in October declined but still strong

● job openings versus job seekers

● savings rate plunge

● consumer income and spending

● DPI versus savings

● household balance sheets 

● PCED and CPI

● retail sales

● car sales

● housing start

● latest consensus WSJ Survey

● latest "nowcasts"  

● LEI 

● Fed funds minus 10-year yield: the curve

● labor participation rate

● S&P 500 earnings

● manufacturing and services PMI

● auto sales

● S&P 500 expected vs current and historical p/e

● asset allocation

This monthly course is eligible for one hour of CE credit towards the CFP® , CIMA® and CPWA® certifications, and PACE credit for the CLU® and ChFC® designations.
 

Who Should Attend: Financial Advisors, CFPs, EAs, CFAs, CPAs, CPA/PFSs, CIMAs, CLUs and ChFCs.

Cost: There is no fee to attend this course if you are a member of Advisors4Advisors ($60/Qtr).
CPE credit: 1 hour, in the Economics field of study
Prerequisites: None
Advanced Preparation: None
Course Level: Update
Course Delivery Method: Group Internet-Based
Program Policies: For more information regarding administrative policies such as refund, cancellation and complaint, please email This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Advisors4Advisors is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. Advisors4Advisors is also approved as a continuing education sponsor by IWI, which administers the CIMA® and CPWA® designations, and CFP Board of Standards, which licenses the designation for CFP® professionals.