That damn stock market. I can’t help but watch each day and wonder where it’s going and what is happening to my retirement fund. Inflation, omicron, the end of quantitative easing…. you name it. It’s all keeping me up at night since early November. I know, I’m not alone.
If that wasn’t enough, look at this clip from last week’s Washington Post …
the engines of the global economic recovery — which revved into high gear in 2021 after the world ground to a halt in 2020 — are slowing down.
And 2023 could be even worse.
Taken together, this year and next are set to mark the sharpest slowdown after an initial rebound from a global recession since at least the 1970s. That grim assessment comes from the World Bank’s biannual Global Economic Prospects report, released Tuesday. After rebounding to an estimated 5.5 percent global growth in 2021 on the heels of the 2020 pandemic recession, the report said growth is poised to decelerate to a worse-than-expected 4.1 percent this year, and then soften to 3.2 percent in 2023.
You might say it’s the perfect time to get advice from an expert, and that’s what we’re doing. The keynote speaker at this year’s FPSA Annual Conference is noted economist Brian Beaulieu, who will not only explain what is going on in the market and provide guidance for members and their businesses, he’ll inject his unique form of humor into his presentation which makes this keynote a must attend for all FPSA members.
Of course, that not the only reason to attend the Conference. With 150+ senior level executives that supply the food and beverage industry, the FPSA Annual Conference is perhaps the best face-to-face networking opportunity that you’ll see all year.
Not a member? Not a problem. We’d still love to have you, whether you’re a supplier to the industry or one of the essential CPG firms in this country looking for new innovations and new opportunities to be even more successful in your business. Sign up today. When you see Brian’s keynote, you’ll be glad you did!
Andy Drennan, FPSA SVP