Invest Financial Planning

What A Possible Recession Means For Your Portfolio with Gargi Pal Chaudhuri

Haley Paskalides  |  September 8, 2023

Gargi Pal Chaudhuri, Head of iShares Investment Strategy for the Americas at BlackRock breaks down what recent economic signs may mean for you.

If you’ve been following the financial news headlines, you know this year there’s been nothing but mixed signals coming from our economy. We saw a tightening in the credit market after the bank failures in March, and even though our labor market still remains robust with unemployment at 3.5%, household saving rates have fallen, and credit card debt just hit a new all-time high of $1 trillion dollars. According to the midyear report from iShares, the global leader in ETFs, “the first half of 2023 has been characterized by opposing narratives.” Amid all of these complexities, we’ve heard the oft-repeated threats that “a recession is coming,” but the markets have had a great 2023 so far. Naturally, you have questions about your portfolio, and thankfully, we have answers. 

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In this special Mailbag edition of the HerMoney podcast, we tackle this confusing economic landscape with the help of Gargi Pal Chaudhuri, Head of iShares Investment Strategy for the Americas, at BlackRock. Gargi’s best advice for investors riding out a confusing market? “Investors should, number one, continue to remain invested, and not get too pulled by one direction or the other based on headlines. And number two, think about stocks and bonds — not just stocks in your portfolio for 2024.” 

LISTEN: Index Funds, ETFs, and All Your Investing FAQ Answered, with Karen Finerman

Gargi Pal Chaudhuri and HerMoney CEO Jean Chatzky answer your questions on diversifying, investing in ETFs, and investing internationally. 

In a time marked by economic uncertainty, iShares helps investors unleash their potential with timely market insights from its investment strategy teams to help individuals make sense of current markets. No matter what the state of the world, you can pursue your financial goals. Let your best investor out. Visit iShares.com to explore investment insights and solutions.

Have your own investing questions, or anything else money-related? We’d love to hear from you at mailbag@hermoney.com! 

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The HerMoney podcast is supported by      Edelman
All advisory services offered through Financial Engines Advisors L.L.C. (FEA), a federally registered investment advisor. Results are not guaranteed. AM1969416


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