Ep. 37 – Andrew Opdyke – The Economic Outlook For 2021
What’s in store for the U.S. economy in 2021?
The economy is still recovering after COVID-19’s drastic impact, but with a new president and a vaccine rollout lined up for this year, what economic changes can we expect to see?
We invited Andrew Opdyke to share his economic forecast on this episode of the Secure Your Retirement podcast. Andrew is a Certified Financial Advisor and Economist at First Trust Advisors, an asset management firm in the Midwest. He previously joined us on the podcast to discuss how the economy impacts retirement, and we’re delighted that he could join us once again. Listen to hear his thoughts on where our economy is heading in 2021.
In this episode find out:
- How the economy will move forward after 2020’s crash and recovery
- Why the outlook for 2021 looks positive
- How stimulus packages will affect the economy long-term
- Why the economy cares about policy, not politics
- How election results may influence stimulus spending and inflation
- Why a slow COVID-19 vaccine rollout is making economists nervous
- Why Andrew maintains an optimistic outlook for 2021
Tweetable Quotes:
“The policies we’re likely to see this year are going to be heavily focused on ‘how do we get back to where we were?’” – Andrew Opdyke
“The math says 2021 should be a strong year.” – Andrew Opdyke
Important Links & Mentions:
Resources:
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