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050: Navigating the Impact of an Auto Industry Wide Strike 09-27-23

Season 1 Episode 50 Published 2 years, 11 months ago
Description

What happens when a strike targets all three major automakers in the U.S. simultaneously? That's the question Megan Horneman, Chief Investment Officer for Verden's Capital Advisors, tackles in our in-depth discussion. She examines how the ongoing UAW strike - unlike previous strikes - is uniquely disruptive, and what this could mean for the economy. 

As Megan expertly navigates us through the potential impacts of this strike, she raises concerns about the potential ripple effects on the supply chain, particularly in the auto sector. She also speculates on the possible inflationary effects of agreements reached during negotiations, such as wage increases. However, she offers reassurance about one thing: the direct impact on GDP is not expected to be substantial. Megan's insightful commentary provides a critical look at the situation, shedding light on its implications for the economy.

https://youtu.be/ttmup8EgCwU

Disclaimer:  material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks 
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance 
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any 
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the c...

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