Nancy Lazar Piper Sandler on Global Economic Shifts

Author

Reads 1.3K

A professional in an office analyzing financial charts on multiple monitors, using advanced technology.
Credit: pexels.com, A professional in an office analyzing financial charts on multiple monitors, using advanced technology.

Nancy Lazar is a renowned economist who has been a driving force in shaping the global economic landscape.

She has a deep understanding of the complexities of the global economy, having spent years analyzing and predicting trends.

In a recent interview, Lazar highlighted the significant impact of technological advancements on the job market, stating that automation and AI will continue to displace jobs, particularly in sectors that are heavily reliant on manual labor.

This shift is already underway, with many industries experiencing significant changes in recent years.

Global Economic Outlook

As we look at the global economic outlook, it's clear that we're only about a quarter of the way down in this economic slowdown domestically and internationally.

Nancy Lazar, chief global economist at Piper Sandler, predicts that consumer spending will continue to grind lower throughout the year.

We're at an important tipping point where employment gains are going to start to moderate, putting even more downward pressure on consumer spending.

A professional individual in a suit reading 'Fundamentals of Financial Planning' indoors.
Credit: pexels.com, A professional individual in a suit reading 'Fundamentals of Financial Planning' indoors.

Lazar warns that employment and wage gains are going to get weaker because company profits are now declining.

The economic slowdown is expected to last another year, with long leading indicators like interest rates and oil just now starting to hit the economy.

These indicators are crucial in determining the pace of the economic slowdown, and it's clear that they're having a significant impact.

Piper Sandler

Nancy Lazar is the global chief economist at Piper Sandler. She was a guest on the podcast "Money Movers" to discuss recent economic data.

Nancy Lazar joined the podcast to share her insights on the latest economic trends. Her expertise is highly valued in the industry.

Piper Sandler is a reputable financial services company that provides economic forecasts and analysis.

You might like: Nancy Pelosi Etfs

Piper Sandler

Piper Sandler has a global chief economist named Nancy Lazar who joins a show called 'Money Movers' to discuss economic data and forecasts.

Nancy Lazar is the global chief economist at Piper Sandler, and she's quite knowledgeable about economic trends.

Economic Backdrop: Whipsaw

Christmas Tree Near White Concrete Building on Wall Street
Credit: pexels.com, Christmas Tree Near White Concrete Building on Wall Street

Piper Sandler's chief global economist, Nancy Lazar, warns that the economic slowdown is only a quarter of the way down and will continue to grind lower throughout the year.

Consumer spending will feel very weak, with a 1% GDP growth in the U.S., a significant slowdown from 6% last year.

Lazar notes that the U.S. has faced similar situations in the past, such as in 2015 and 2016, but the backbone of the economy remains healthy.

The Euro zone is expected to lead the global recession, driven by oil prices and global interest rates.

Oil prices have fallen, with U.S. crude slipping below $100 per barrel, due to expectations of weaker demand.

The Federal Reserve is expected to raise interest rates at the steepest pace in over two decades to tame red-hot inflation.

Economic Backdrop

Nancy Lazar, chief global economist at Piper Sandler, believes we're just a quarter of the way down in this economic slowdown, both domestically and internationally.

Contemporary illuminated towers located in central district on coast of rippling river in New York at night
Credit: pexels.com, Contemporary illuminated towers located in central district on coast of rippling river in New York at night

Consumer spending is expected to continue grinding lower throughout the year, as employment and wage gains are going to get weaker.

Company profits are declining, which will put even more downward pressure on consumer spending.

We're at an important tipping point, where employment gains are going to start moderating.

Those long leading indicators, interest rates and oil, are just now starting to hit the economy, suggesting another year of economic slowdown.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.