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Economic uncertainties continue…but for how long?

South Carolina Business Review
SC Public Radio

The recent news regarding some regional bank failures has definitely added to the economic confusion that so far has dominated financial news in 2023. Is there any reason to believe that the skies will clear before this year moves too much further along. Mike Switzer interviews Joey Von Nessen, chief economist at the Darla Moore School of Business at USC in Columbia, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.