‘Uncharted’ Economic Outlook for Accountants
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Gustonomics’ Liz Wilke “Bullish on a Soft Landing.”
By Blake Oliver
It’s been a wild ride that past 12 months with the regional banking crisis, the Fed raising rates to the highest level in two decades, not to mention AI disrupting accounting and other professions, and the constant threat of recession.
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If you’re wondering how to advise your clients with so many conflicting signals on the horizon, you’re not alone. To help make sense of it all, I spoke with Liz Wilke, Chief Economist at Gusto, on an episode of The Accounting Podcast.
“Honestly, I’m pretty bullish on a soft landing for the economy,” shared Wilke. “If we have a recession, it will most likely be a mild one in the minus 1 percent to zero percent growth range. And I don’t think it’s coming till 2024 if it’s coming at all,” added Wilke, host of the Gustonomics Podcast.