Pence Wealth Management President on Markets

The video discusses the Federal Reserve's anticipated rate hikes and their impact on inflation and the economy. It highlights the expected GDP growth despite higher interest rates and the strong job market. The discussion also covers the role of earnings and consumer spending in driving economic growth, strategies for investing in energy and commodities, and the effects of a strong dollar on global markets.

What is the Federal Reserve expected to do in May and June regarding interest rates?

• Maintain current rates

• Increase rates by 50 basis points

• Decrease rates by 50 basis points

• Eliminate interest rates

What is the expected GDP growth rate despite higher interest rates?

• 2%

• 3%

• 4%

• 5%

What percentage of GDP is attributed to consumer spending?

• 70%

• 60%

• 50%

• 80%

How is the strength of the dollar expected to affect companies involved in international trade?

• It will benefit all companies

• It will hurt companies with significant importing and exporting

• It will have no effect

• It will only affect companies in Europe

What areas are expected to see increased spending due to new government policies?

• Technology and innovation

• Tourism and hospitality

• Healthcare and education

• Energy and infrastructure