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 include:

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

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