Eric Parnell Returns to Money Matters TV

Great Valley Advisor Group’s Chief Market Strategist, Eric Parnell, CFA, was featured on Money Matters TV, alongside this week’s host Dan White, ChFC, CLU, RICP, President and CEO of Daniel A. White & Associates, LLC.

Eric was featured on Money Matters TV in December 2023, and was invited back for this segment to discuss the future of the markets in 2024. Eric and Dan also discuss the stock market performance over the past few years, from the bear market in 2022 to the rally we saw in 2023, to provide context as to where we sit today. Although the performance across capital markets wasn’t that great, the S&P 500 still provided double-digit returns in 2023 due to approximately 7 stocks that drove 85% of the growth. As we go into 2024 we see inflation decreasing, corporate earnings on the rise, corporate profit margins widening, a tight labor market, as well as talk of the fed cutting interest rates.

Dan and Eric also welcome special guest Ken Milner, Special Council at Warren, McGraw & Knowles, to discuss the Corporate Transparency Act and the changes it will bring to companies. We encourage you to tune in to learn how this Federal Act might affect you and your business.

Money Matters TV is a 30-minute business program, produced and distributed by Comcast and available in over 680,000 homes in the greater Philadelphia region. The purpose of the show is to encourage investors to think calmly and rationally, refresh their perspective on the long-term and recent history of the market, and encourage them to review their investment strategy. GVA was honored Eric was invited back to the show, and we are thrilled to share his segment with you.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted.

Dan White and any guest speakers are independent entities and not affiliated with Great Valley Advisors or LPL Financial.

Money Matters, Great Valley Advisors and LPL Financial are separate entities.