Facts vs Feelings with Ryan Detrick & Sonu Varghese Talking Geopolitics, Oil & What's Next (Ep. 56)
The Middle East is home to some of the world’s oldest civilizations, religions, and cultures.
At the same time, it is the scene of some of the most pressing geopolitical issues of our time.
The recent escalation of violence between Israel and Hamas has raised concerns about the stability of the region and the prospects for peace, and the situation also presents opportunities and challenges for the global economy, particularly the oil markets.
In this episode, Ryan Detrick & Sonu Varghese speak with Matthew Gomoll, MBA, CEPA, CEP®️, Partner, Wealth Advisor at Carson Wealth. Matt shares his insights on the complex geopolitical situation in the Middle East between Israel and Palestine, including the potential implications for the region and the world. Ryan and Sonu also cover the impact of geopolitics on the stock market, inflation, and the economy, and the outlook for the stock market in the coming year.
They discuss:
- Matt's background as a wealth advisor and former U.S. Army Special Forces officer
- The geographical and historical context of Israel's position in the Middle East and the ongoing threat from Hezbollah and Hamas
- The impact of the Israel-Palestine conflict on the markets
- Historical examples of how stock markets have performed in the aftermath of major geopolitical events
- How the US has become the largest producer of oil and its shift from being a net importer to a net exporter
- The concept of excess savings and its impact on the economy
- The performance of small caps and financials in the first year of a bull market and the potential outlook for 2024
- And more!
Resources:
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About our guest:
Matthew Gomoll has seen firsthand what a difference financial planning can make – not just for your wealth but for your life.
His passion is to truly help clients work towards their goals. Whether that is feeling comfortable to retire, preparing a business to sell, buying that vacation home you’ve always wanted, finally paying off that debt weighing you down, or caring for a loved one in old age, the measure of his success is when you do the things in life that are important to you.
His background as a Special Forces Officer gave me years of experience listening, identifying root issues, and communicating in terms that can be easily understood. Matthew's service has also instilled the values of integrity, duty, loyalty, and quick thinking under fire – skills and values he draws on every day as an advisor.
As a CERTIFIED EXIT PLANNING ADVISOR and CERTIFIED ESTATE PLANNER™, Matthew enjoys leading efforts on your behalf across a team of CPAs, attorneys, bankers, and other professionals to help you make the best decisions possible for your family or your business. He has specific experience in helping business owners grow the value of their business and position it for an eventual transition. Matthew also specializes in working with estate planning attorneys on all of the financial considerations for a family’s estate.