In this interview, In the Driver’s Seat host, Emma Hancock, speaks with Mike Skordeles, head of US economics and a senior vice president at Truist Financial, to gain insights into the economic outlook and its implications for the automotive industry. Mike provides valuable analysis on the likelihood of a recession, projections on higher interest rates, and the potential impact of tighter financial conditions.
Mike Skordeles is a registered representative of Truist Advisory Services, Inc., and the Investment Advisory Representatives of Truist Advisory Services, Inc. are registered representatives of Truist Investment Services, Inc. Additionally, they are the Investment Advisor Representatives of Truist Advisory Service, Inc.
When it comes to investing and insurance, it’s important to note:
• These products are not FDIC or any other Government Agency Insured • They are not Bank Guaranteed • They may lose value
Truist Wealth is a marketing name utilized by Truist Financial Corporation. The following affiliates of Truist Financial Corporation provide the services mentioned: Securities brokerage accounts and insurance, including annuities, are offered by Truist Investment Service, Inc., a SEC registered broker-dealer, member FINRA and SIPC, and a licensed insurance agency. Investment advisory services are provided by Truist Advisory Services, Inc., a SEC registered investment advisor.
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