The 2023 Economy: Deficits, Debt Ceiling, Demand Suppression, and More

On this episode of Paychex THRIVE, guest Lyn Alden, Founder of Lyn Alden Investment Strategy is doing a deep dive into predictions for economic conditions in 2023.

Listen in as Lyn talks with host Gene Marks about everything from fiscal deficits, the labor market, interest rate sensitivity, and much, much more.

Topics

00:19 — Introduction to Lyn Alden

03:52 — Reading this year’s economy

06:15 — Predictions for economic conditions

08:18 — Fiscal deficits

09:47 — Demand suppression during 2023

11:15 — The strong labor market

12:10 — Strong vs. weak industries

15:12 — Interest rate sensitivity

17:56 — Impact of rising interest rates

20:09 — The national debt

22:52 — Inflationary periods

26:37 — Wrap up

Listen here.