Fed Charts A Course Amid An Unusual Labor Shortage; Fritz Meyer Economic Update, December 2022

Despite the six hikes in interest rates implemented since March to put an end to the vicious cycle of inflation, the U.S. economy in November created 263,000 new jobs in November. Job growth is running above its historical norm despite one of the most aggressive rate hike campaigns ever orchestrated by the Fed.Objectives of Fritz Meyer's monthly classes for investment advisors include:

Objectives of Fritz Meyer's monthly classes for investment advisors include:

● understanding the labor participation rate and jobs gap

● context for examining current metrics based on data and judgment 40 years of research

● teaching practitioners to explain the investment outlook concisely

● analyzing the latest financial data, including:

● the drawdown on M2
● what to expect from the Fed meeting this week
● new-job formation still strong
● job openings still far exceed job seekers
● savings rate plunged again in November
● strong personal spending fueled by savings
● consumer income and spending
● DPI and the slumping savings rates
● household balance sheets
● PCED and CPI
● retail sales
● housing starts nosedived again
● latest consensus WSJ Survey of economists
● GDPNow forecast much higher than consensus
● LEI down 8 straight months through November
● Fed funds/10-year yield curve
● S&P 500 earnings
● manufacturing and services PMI
● auto sales
● S&P 500 expected vs current and historical p/e
● the Fed’s stock valuation mode
● the best approach to investing

Who should attend:

• Investment Advisors
• Financial Planners
• Wealth Managers
• Institutional Investment Plan Trustees
• Institutional Investment Consultants
• Financial Analysts
• Securities and Research Analysts

Fritz Meyer has taught on A4A monthly for over a decade. With more than 10,000 attendee ratings of his CE classes, Fritz Meyer's CE classes have steadily averaged a 9.7 rating (out of 10). Fritz, former senior strategist at one of the world's largest investment companies for over a decade, is an independent economist.

This webinar is pending eligibility for one hour of CE credit towards the CIMA^® and CPWA^® certifications, CFP^® CE and PACE credit toward the CLU^® and ChFC^® designations.

Who Should Attend: Financial Advisors, CFPs, EAs, CFAs, CPA/PFSs, CIMAs, CLUs and ChFCs.
Cost: There is no fee to attend this course if you are a member of Advisors4Advisors ($120/year).
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.