Economic Outlook 2023: Your business, the recession, and why cash is king - Sharing Knowledge Series Episode 21
Play • 35 min

Are we headed for a recession in 2023? What economic indicators should we be paying attention to? These are some of the questions we explore in the 21st episode of our Sharing Knowledge Series. Host Kevin Vonderau, chief lending officer at Westfield Bank, sits down with Jon Park and Brian Toma, CFP®, AIF®, CEPA to offer predictions for 2023 and provide guidance to business owners who are bracing for a possible recession. Jon founded Westfield Bank in 2001 and has remained as executive chairman since he retired as CEO in 2021. Brian is managing partner and a registered investment advisor at Freeman Heyne Toma Financial Advisors.

Investment products: 

• Are not FDIC insured 

• Are not bank guaranteed 

• May lose value

• Are not a deposit 

• Are not insured by any federal or state government agency

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