Joe Mazzola discusses investing strategies and market outlook. Jackie Bowie talks about recession in Europe and resiliency in the US. Callie Cox discusses markets and investing. Odeta Kushi dives into the housing market and economic outlook. Other topics include commodities, metals, crypto, AI automation, and challenges of remote work.
The hybrid work model has become the preferred option for many employees, aligning with the expectations of younger workers for more flexibility and work-life balance.
Gold has remained resilient despite headwinds, with central banks purchasing gold as a potential hedge against economic downturns.
The construction industry continues to face challenges due to the shortage of skilled workers, impacting productivity and construction projects.
Deep dives
Hybrid work is the new normal
Hybrid work, combining remote and in-person work, has become the new normal for many industries. While some companies still push for a five-day in-office work week, the majority are embracing the flexibility and benefits of hybrid arrangements. This shift aligns with the expectations of younger workers who prefer more flexibility and work-life balance. However, there are still industries and CEOs advocating for a full return to the office. Overall, employee expectations have significantly changed, and a hybrid work model seems to be the preferred option for many.
Gold remains resilient
Despite headwinds such as a rising dollar and higher interest rates, gold has remained relatively resilient, hovering around the $1900 mark. Central banks continue to purchase gold, providing support to the price and signaling potential hedging against economic downturns. While some CEOs and companies strive for a five-day work week in the office, employee expectations have shifted, and the hybrid work model is now the norm. The successful implementation of remote work during the pandemic has disrupted traditional work culture and increased demand for more flexibility.
Supply chain challenges impact construction industry
Supply chain challenges continue to impact the construction industry, particularly with regard to the availability of skilled construction workers. While material supply-side challenges have eased, the shortage of skilled workers persists. This situation may affect construction projects and overall productivity in the sector.
Silver's paradoxical performance
Silver has shown both disappointing and promising performance. While it has not performed as anticipated, with prices fluctuating, the metal is up approximately 23% year-on-year. Supply concerns, such as declines in silver output from Mexico, may provide fuel for short-term price increases.
The future of crypto
Crypto markets, such as Bitcoin, have entered a phase where some individuals have lost interest, resulting in stable prices. The potential approval of a Bitcoin ETF could bring increased accessibility and lower barriers to entry for investors. However, the lack of clarity in regulatory oversight and tax reporting rules continue to limit the growth and stability of the crypto market.
Joe Mazzola, Managing Director – Trading Education at Charles Schwab, joins to discuss investing strategies and gives his market outlook. Jackie Bowie, Managing Partner and Head of EMEA at Chatham Financial, joins to discuss the outlook for recession in Europe and other parts of the globe and resiliency in the US. Callie Cox, US investment analyst with eToro, joins to talk about markets and investing strategies. Odeta Kushi, Deputy Chief Economist at First American, joins to discuss the housing market and outlook for rates and the economy. Everett Millman, Chief Markets Analyst at Gainsville Coins, joins to discuss commodities, metals, and crypto. Eileen Mullaney, workforce transformation lead at Vialto Partner’s discussing the company’s latest findings on labor and work-from-office trends. Hosted by Paul Sweeney and Matt Miller.