Annually, the anticipation for economist Ed Hyman’s insights peaks as he’s consistently ranked Wall Street’s top economist for 43 years. Last year, he tracked the Federal Reserve’s tightening policies, predicting a slowdown in inflation and warning of a potential recession if credit conditions tightened further.
WEALTHTRACK Episode #2024 broadcast on December 08, 2023Listen to the audio-only version here:
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ED HYMAN
- Founder, Chairman, Head of Economic Research,
- Evercore ISI
ACTION POINT
Read: Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger
- Collection of 11 Munger talks
- Topics include:
- Investing
- Academia
- Habits & qualities leading to success or failure in life
BOOKSHELF
ONE INVESTMENT
HYMAN: ARTIFICIAL INTELLIGENCE (AI) EXPOSURE
HAVE SOME EXPOSURE TO AI
- Artificial Intelligence stocks have had a good run.
- Expect some pullbacks
- AI is a major development.
- Microsoft provides easy access.
STOCK MENTIONS
- Apple Inc. (AAPL)
- Amazon.com, Inc. (AMZN)
- Lennar Corporation (LEN)
- Pfizer Inc. (PFE)
- Microsoft Corp (MSFT)
FROM THE ARCHIVE
Ed Hyman from the WEALTHTRACK Archives:
WEB EXTRA
SWEEP OF HISTORY
Henry Kissinger, one of the most influential secretaries of state in U.S. history was also a prolific author. Voracious reader Ed Hyman recommends reading one of Kissinger’s most recent books for the new year.
LEADERSHIP: Six Studies in World Strategy by Henry Kissinger
Konrad Adenauer: First Chancellor of the Federal Republic of Germany 1949 -1963
Charles de Gaulle: French general and statesman, head of government 1944–1946, President 1959–1969
Richard Nixon: 37th President of the United States 1969 -1974
Anwar Sadat: President of Egypt from 1970 until his assassination in 1981
Lee Kuan Yew: Prime Minister of Singapore 1959-1990
Margaret Thatcher: Prime Minister of the United Kingdom 1979 -1990