Expect fireworks after September 2024 rate cut. (recession odds spiking)
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- čas přidán 12. 09. 2024
- The Fed just signaled that they are going to cut interest rates in September 2024 due to a slowing economy and labor market. Historically - Fed rate cuts mean the economy is about to tip into recession.
With 11 of the last 15 fed rate cut cycles ending in a recession. Signaling that homebuyers, investors, and economy watchers should tread carefully over the next several months. If history repeats itself, there could be fireworks in financial markets.
Jerome Powell and the Federal Reserve indicated that they are set to ease monetary policy due to a slowing in labor market conditions. The unemployment rate has spiked up to 4.3%, while the number of unemployed has also skyrocketed.
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Rate cuts are the ultimate recession signal. 11 of the 15 rate cut cycles have led to recession in six months.
Only times it didn’t the economy was noticeably strong.
Something to think about before buying the realtor hype of “buy now before the Fed cuts”.
How about gold?
How about QT?
Clown math. 😂
Any channel that continuously predicts only doom and gloom cant be taken seriously. People who heed your warnings have probably lost thousands of dollars sitting on cash as you make money fear mongering for clicks....are you proud of yourself?
they are giving no payment $0 down loans to over 2 million illegals in California and AirBNB customers buy houses and then AirBNB gives them for free use to illegals. These 2 factors alone make your data irrelevant.
Used to think investors lose out amid crash, meanwhile some make profits. I also thought folks went out of business during the great depression, but some went into business. Bottom line, there's always depression for some while others amass wealth gains.
well said, in my opinion, times are crazy now, hence everyone needs a sort of financial planning in order to thrive forward. ideally, investment advisors are the best reps for getting the job done
Right, a lot of folks downplay the role of advisors until being burnt by their own emotions, no offense. I remember some years back, amid covid-19 outbreak, I needed a good boost to help boost my business, hence I researched for licensed advisors and thankfully came across someone of excellence. Helped grow my reserve notwithstanding inflation, from $350k to nearly $1m as of today.
this is huge! your advsor must be grade A, mind sharing more info please? in dire need of proper asset allocation
Jessica Lee Horst is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 3%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
most of these strategies and loopholes are better managed by experts and pros in the market, the average Investor on the other hand are left to suffer during a crash.
The issue is people always have the “I’ll have to do it myself mentality” Unapologetically, that’s why the get heavily affected during a crash and coupled with the fact we’ve had the longest bullrun ever in the American history, most folks aren’t equipped to manaqe this crash and it’s impending opportunltles well enough, so it only makes sense to seek proper guidance during these times, that’s what lnvestment-advlsers are for, been using one ever since the pandemc 2020 and I’ve been barely affected by crash, I have $850k in profit sitting in my portfolio and I’m unbothered about the market outcomes.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial CZcamsrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Lucinda Margaret Crist is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon
buy the S&P and forget about it, dont pay anyone to do this for you
A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 65, I would appreciate any advice on potential investments.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.
“Jessica Lee Horst” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
My CFA ’Rachel Sarah Parrish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Hi! I live in New York. I'm looking to start investing in the stock market with $80k. How would the fed decision affect the market? And should I focus on index funds or individual stocks? Thanks!
Index funds are a safer bet to start. They offer good diversification. But individual stocks could make you a fortune if you know how to go about it. Some people make upper six figures yearly from investing alone. But it's always a good idea to work with a financial advisor. It raises your chance of profit by a lot. x.
Sometimes I'm surprised most people don't even know they can do that. I've been making at least 200k every year from my investments by working with an FA. When you realise it, it feels like a life hack.
Wow, that's interesting . I've recently been exploring the option of working with an FA too. Any chance you could recommend who you work with?
It's not very difficult to find. Marissa Lynn Babula is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
As truckers of 23 years, this should be the busy time. It is not! The last time this started happening was back in 2007 2008.
thats a good point, and it was proven to be an indicator to recession. I myself own one condo in Florida and rents are droping, renters hesitant, definately shift in centiment, that cannot be solely contributed of people leaving florida post pandemic
This is a significant data point.
I will also add the job market is terrible in my field, pharma and biotech. Thousands of people out of work.
Oh wow
As a Land Surveyor, I am the front line when it comes to house sales and new home construction, here in South Florida, I have noticed it has slowed down a decent amount but FAR from dead. I learned my lesson in 2008, back then I was 80% builders, now I am 20% builders and diversified my clientele so I am not dependent on home sales. Will I take a haircut when this falls apart? Yes, am I ready? Never enough but MUCH better prepared than in 2008. In 2007 I could see something was really wrong, I am not seeing that yet now. I still see some life in the housing market here. It may not be the same nationwide, Florida seems to be a place people go when things are getting tough.
I think a lot of builders also learned their lesson during that time period. That is why they slow play building homes.
I've been reconsidering my retirement strategy, questioning if my 401(k) and IRA are enough for a secure future. I’ve also invested $300K in the stock market, but the returns have been inconsistent and modest. I'm looking for an investment approach that better aligns with my risk tolerance and financial objectives.
Using a 401(k) or IRA is a valuable strategy for retirement planning, providing potential savings growth and tax advantages. While the stock market is promising, expert guidance is essential for effective portfolio management.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a year now. Starting with less than $200k and being just $19,000 away from making half a million in profit.
Mind if I ask you info on this particular FA you using their service ??
I've stuck with "Graham David Fullerton" for 4 years now, and his performance has been consistently impressive. He’s quite known in his field, you can confirm him on the internet.
I just checked him out on google and I have sent him an email. I hope he gets back to me soon.
Stop waiting for the government to give job opportunities which are wasting much of your time when you can invest in digital marketing and live your dream life.
I sympathize with many people who had no knowledge digital marketing because currently dollar is unstable and coin is taking over to be universal currency.
However, working with a qualified financial advisor can help you make informed investment decisions and increase your chances of achieving your financial goals.
An investment is a plan to put money to work today to obtain a greater amount of money in the future. It is also the primary way people save for major purchases or retirement. With stocks, bonds, real estate, or commodities, individuals can create a diversified portfolio.
Getting Anna Contreras, to help me really helped me clear all my debts. I started with what I have left and it's been the best decision I ever made.
Protecting your capital is paramount. Losing your capital makes it much harder to make money, so prioritize preservation over growth. Remember, there are many investment opportunities (trains), but losing your money means missing the entire journey.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Crash fatigue is showing with most people. Most are so tired of hearing about the worse even though its true. We are being boiled slowly in the pot! I want to diversify my $80k portfolio.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like “Lauren Marie Ehlers I've worked with her for years and highly recommend her. Check if she meets your criteria.
thank you for putting this out, it has rekindled the fire to my goal... was able to spot Lauren after inputting her full name on the web, she seems highly professional with over a decades of experience.
Another significant reason why a recession did not occur during the rate cuts of 1966, 1984, 1995, and 1998 is that the yield curve between the 10-year and 2-year Treasury bonds was not inverted during those periods. Historically, each instance where the Federal Reserve has cut rates while the yield curve was inverted has been followed by a recession. Currently, the yield curve has remained inverted for two years, marking the longest inversion in history. This persistent inversion may signal heightened recessionary risks.
It may also signal that the yield curve was correlated to impending recession for deeper economic reasons that have yet to be identified and are not currently extant. All I know is this creator has said “housing market crash and mega recession in six months” since early 2021. Basically every time any indicator has been bearish for literally any amount of time. Eventually he will be right on accident and crow about it like he’s the oracle of Omaha. But he’s a hack, and he’s bad at this.
@@dROUDebateMeCowards Only time will tell but corrections take time. Most of what I've heard on youtube since 2022 is bullish. We had a big crash that year and all I heard was buy the dip... We did recover though but now that we're back to the same levels I'm choosing to be more bearish and not just listen to bullish news
Bond traders are the smartest guys in the room. There's a reason the curve is inverted.
according to chatgpt: Inversion vs. Soft Landing: During the soft landing scenarios of 1966, 1984, 1995, and 1998, the yield curve behavior varied:
1966: The yield curve did invert, but the economy still avoided a recession.
1984, 1995, 1998: The yield curve flattened but did not invert, aligning with the successful soft landings in these years.
Great data to back up what you're saying in this video Nick 👍 Thanks for sharing!
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time.
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $$275k to $850K...
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I live in a solidly middle class suburb of Los Angeles. In the year 2018, there were no vacant rentals and no empty office spaces and no homeless people in my city. Today, there are homeless people on every other commercial block. There is a "For Rent" sign on almost every block in the residential areas. There is typically one or more empty or significantly empty office buildings on almost every commercial block. There is a U-Haul, PODS or U-Pack self move cubes on almost every residential block. There are "For Sale" signs on at least one house on every block. My eyes and chats with my neighbors say this area is in a recession. Yet, according to the government and Zillow statistics, things are going great in my city suburb of Los Angeles.
Yet prices keep going up
Perhaps your feeling is personal negativity. A random count near the I10 and I101 shows 8 listing's average close to $2M, over 28 blocks.
It is too expensive but it seems buying is always too expensive and selling too cheap.
As I ponder investing the proceeds from my recent Portland home sale into stocks, I'm torn between seizing the opportunity and timing the market. While I recognize it's a great time to buy, I'm uncertain if it's the perfect moment for me. My mind is also boggled by the impressive gains others in the same market have made - over $450,000 in mere months! I'm left wondering when I'll fully recoup my investment and whether I'm making the right move?
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
A lot of individuals downplay the significance of advice until their own emotions become unbearable. A few summers ago, after a drawn-out divorce, I needed a big shove to stay afloat with my firm. I located the most qualified advisor after searching for licensed advisors. Despite inflation, she has helped me build my reserve from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and i'm eager to participate. Who is the driving force behind your success?
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
The demand for homes will not increase because of lower interest rates. Affordability is the key. High prices, high unemployment, high levels of debt. Not a good mix for a healthy real estate market.
President Harris will make sure homeless will increase. ❤
Actually it is me waiting on the lower interest rate, that is keeping me from selling to buy another. Also if there really is about to be a housing bubble crash, then all home prices will plumet, along with the falling interest rate. Home values really mean nothing unless you are in the process of buying or selling.
Jerome Powel is a Trump appointee, since February 2018.
@@Gone_huntingg Jerome Powel is a Trump appointee, since February 2018.
Speak for yourself beaner
Affordability is not the key, for two reasons. Home prices go up in the long term, at a higher rate than incomes do. That's a historical fact. The second reason, is, the ever growing group of rich self employed people, don't care about high prices or high unemployment or high levels of debt. They are the ones who are buying when the working class isn't, and making houses less affordable for the working class, when the working class are at their most vulnerable. Being greedy when others are fearful.
A rate cut doesn't make auto insurance, home insurance, groceries, etc etc etc go down. It doesn't bring back businesses that have closed, laid off, or gone bankrupt. Credit card debit? "Look honey, were saved! Our interest rates went from 34% to 29%." /s
Actually, it will encourage more investments that lead to more jobs, thus more earnings or overall productivity or GDP. When people are earning more, then these things would be more affordable.
@@singlefather01
🤡
@@singlefather01Delusional
@@singlefather01 On paper sure you are right but in the real world that is not how things work. Because of the way labor and wage laws are in most states those investments go into increasing the stock value WAY before another job is created. Most companies only hire another employee when absolutely necessary or they have found a way to make that employee cost less than the others they are displacing.
@@redtiger7268 How does a company "increasing the stock value"? The market sets the value.
They can lower rates to 1% if they want but the days of spending 450k for a house that's only worth 200k are over lol the profit party is over
The housing bubble is gonna burst. The higher ed bubble needs to pop too.
Tell that to the clowns in my market. :p
In Canada we are paying 800k for a 300k house so could be worse lol
@philip1065 paying 800k for 300k house is only acceptable if you have a family, and your only other option is to live in the street. something tells me that's not the case with these buyers. screw em.
@@backrack01 as someone wanting to buy yup it’s complete greed and bullshit, need to take away some of the advantages for investing so aggressively in real estate as it’s completely screwed our market in Canada, no one invests in Canadian companies because housing is too attractive
These rate cuts will literally mean nothing at all, America is beyond screwed financially. The average person is way too dumb to be financially responsible.
I also wonder if this is all intentional, in order to hit the reset button? Digital Currency? They have been testing it and running test runs since Biden took office.
There's some truth in what you just wrote, and it's scary.
@@douglassmith3016 Also notice what a week or two before this announcement, that came from US Senators on the left about reducing rates and now this?
Agree 100% -- I am YOLOing $424,916.50 on Tapestry's buyout of Capri. I will have about $650,000 after taxes if the deal goes through.
@@GDTRFB why should I be fiscally responsible? Im rewarded for not being fiscally responsible by the state and fed govt taxing you who is fiscally responsible to pay for my kids to get free college🤓! Can’t wait for Kamala to win so I get my fee $25K to buy a house. Once I do not pay the mortgage, you will pay for my debt forbearance and forgiveness! Also I will get a nice stimmy in 2025, but you wont qualify because you are fiscally responsible. I likeeee socialism👍😀
I don't care what they do with interest rates. Prices are still too ridiculously high !!!
Nobody owns a home. They own a large debt obligation known as a mortgage.
Get the banks 🏦 out of the equation and the cost of services and goods will be based on what consumers actually earn and save instead of how much debt they can get themselves in. 😳
they are giving no payment $0 down loans to over 2 million illegals in California and AirBNB customers buy houses and then AirBNB gives them for free use to illegals. These 2 factors alone make his data irrelevant.
Remove property tax.
I'm blessed to own mine. A free and clear house is an exremely important part of financial stability and our retirement years. I bought my first house at 23. Opportunities will come back around. Be ready!
@@marcusb7446
Everybody pays taxes. Paying taxes alone will always be much cheaper than a mortgage plus taxes. 🤓
@@ProCoach2373
That's wonderful 👏! And I agree wholeheartedly that owning a home 🏡 outright is key to success 🙌.
That's exactly why the system is designed to keep people in debt. You are basically rich if you own property outright because paying rent and/or mortgage consumes most of people's income. 😎
Some of us aren’t buying in just because of the rates lowering, for good reason. I wouldn’t care if the rate was 1%, if the homes are inappropriately priced I’m not buying. Who wants to catch a falling knife when prices/values correct? I’m going to dish out all this money as a down payment just for some equity that’s going to disappear in a year or so? No thank you. People who are desperate to buy and are ill informed are not helping this phenomenon either. They just blindly offer tens of thousands over asking on a home that’s already inflated. STOOOOP IT!
"Yup! You right ! Keep renting!"- *signed - Your rich landlord.
Nobody cares keep renting then prices aren’t going anywhere
It’s still cheaper to rent. A drop in interest rates doesn’t make the inflated prices worth it, especially with insurance and maintenance costs. I’ll happily rent and keep my expenses low while growing my savings for a down payment.
@mikaelabeth Of course it's still "cheaper to rent". When hasn't it been? People who can't afford to buy and own, rent. 🙄
@@WelcomeIncorporated… 8 years ago I had an opportunity to own a 120k 3bd home with low interest. 2.x%. Mortgage was around $700/m all in including taxes. A 1bd apartment in the same town at the time was around $700-900. Today? That homes worth around 430k. (2500-3k a month) while you can rent a 1 bd for around 1500. There has certainly been times when it was more affordable to own.
Still have crazy home prices, even if the fed cuts rates. Most of America can't afford a house.
@@robertm6646 fed excludes housing energy and food prices while calculating the inflation and they already gave up even before reaching the 2% goal with all those exclusions. It means they are not serious about lowering the inflation. In fact the US needs high inflation to decrease the value of dollar to pay its national debt
After what they did to real estate agents, I've been seeing them switching careers in my personal circle, overnight..
@@algo2017 That's right, the government has to pretend to fight inflation but in reality they need and want as much of it as the voters will tolerate. If Kamala wins, the voters will be telegraphing that they can tolerate a lot (so we should expect much more).
And yet on the same day or within a few days of him stating this, the government came out and stated they miscalcuated 800,000 jobs in the last year! I believe the unemployment rate is higher than, including the shortage of people in the workspace, which is not being measured, idk how many times i have been told in my area, we are short handed, we cant find ppl that want to work, so where are they?
@@algo2017 Isnt it amusing they dont count those things, yet i want to build a house and the materials, the materials are higher, for wood for example, id be better off building with metal instead of wood for the internal walls. Also, the debt doesn't belong to us, it belongs to the private federal reserve, time to END the FED and stop the endless printing.
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
I’ve been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
‘’Jessica Lee Horst’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself,
.50 points. Why do people think this will make a difference?😂
Might help BlackRock, but that’s about it
That’s exactly why he is doing it. He needs to continue to raise rates. But he is an incompetent fool!
Blackstone, not Blackrock. They are two different firms. Blackstone is the one buying up properties.
Rates should be put to 10% until we're back in line with the 30-year 2% inflation rate.
At the expense of bankrupting the US via our national debt good thing you’re not in charge
Why is 2% rate acceptable? Why not 0% like it was with gold standard. At 2% rate people lose 10% of the value of their savings in just 5 years. 20% in 10 years.
@@sarikagoode1505 I think we're headed towards 0% rates and maybe even negative just like Japan has done over the last decade.
@@nitroneonicman Those are interest rates on money, not rates of inflation.
@@sarikagoode1505 The two are correlated, Japan also has remarkably low inflation rates.
If the Fed wanted to lower inflation then they have to address the root cause. And the root cause is the outrageous price of gasoline and diesel which causes everything to increase in price. The oil companies and refineries are gouging, period. The government needs to make an example of one oil company, national it, the other oil companies will crap their pants and lower the fuel cost instantly. If the oil companies don’t lower their prices then the government just orders their newly nationalized oil company to compete against the other oil companies. I don’t think this will happen because the government is in big oils back pocket. And the government wants inflation high to deal with the 31 trillion in debt. if you are losing in the current dip or you look forward to start the best way to go is trading with the guidance of an expert. Sandy Barclays has been one step ahead of other analysis, with her strategy I was able to accumulate 15.03 Btc lately.
Sandy Barclays program is widely available online..
Personally i Think the pandemic has taught people the importance of multiple streams of income, unfortunately having a job doesn't mean security rather having different investments is the real deal.
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
Heres the problem. We got our last home for 219K at 2% interest. That same home now is 400k. Even at 1% its unaffordable.
Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
Simply by pasting Melissa full name into my browser, her website immediately displayed. You've spared me from doing a lot of tedious research, so thank you.
Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scary how people are really suffering these days.I can't fold and watch people around me suffer.
The current situation has taught us the importance of multiple alternatives as. Create a self business, or partake in investment. That's the key to living financially stable.
this helpful guide breaks down the often complicated process of options trading and explains step-by-step improve your odds and reduce your risk and more...
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I see extremely high prices for houses, vehicles, rent and groceries. I haven't seen any price reductions.
A .5 basis point on a 30 year, 500k mortgage is 169 dollars a month. 169 dollars a month is not going to motivate people much.
The cut is already priced in
@nneisler everyone says this about everything, and as soon as the change takes effect, prices rise or drop anyway
It will for stupid people. They are doing this for the election. 40 million people will look at it as the country is doing better and will vote for Dems because of it.
I agree rate cuts will not be significant enough to drive demand as price of homes remains too high. People are priced out of the housing market now.
You wondered why Powell's holding off on the rate cut? It's an election year; can't be having a recession in November.
You realize Powell is a Republican right?
Why not? He a dem or something?
@@ReiShirouOfficial
He's a Demonrat
@@ReiShirouOfficial if you lie about the state of the economy for three years, it’s because you want to keep your job. The only way to keep your job is for the current administration to win in November.
@@ReiShirouOfficial why his Powell not told us in advance anytime he is going to cut the rate or raise the rate, but this time he did? Maybe it is because he waited too long to cut it and he needs the Market to react ahead of time. If he cuts the rate in August, it looks like an emergency cut.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors.
Her name is. MARY TERESE SINGH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Fantastic video! I have incurred so much losses trading on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Same here, my portfolio has been going down the drain while I try trading,I just don't know what I do wrong..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
I think l'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Fenella..
Highly recommended 🙌
Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people
I'm also a huge beneficiary of her..
I thought myself and my family were
the only ones enjoying Fenella
trade benefits
The fact that we have been in a depression since 2020 is a good indicator we will enter a recession.....
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape...
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
As a beginner, it's essential for you to have a mentor to keep you accountable...
Kerrie Farrell program is widely available online..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience..
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...
The Fed overstated the jobs by 818K and now Powel acted out of character during the latest news conference. The next 12 months are going to be a roller coaster.
The fed doesn't report jobs numbers dude do your research... it's the BLS.
Yup and that came out what the same day he stated what they will do in sept?
Yeah, bc Powel just realized he's at least 6 months late in cutting rates bc he like us was gaslit by the BLS
Or are the numbers unreliable due to immigration. Unreported jobs.
they are giving no payment $0 down loans to over 2 million illegals in California and AirBNB customers buy houses and then AirBNB gives them for free use to illegals. These 2 factors alone make his data irrelevant.
*The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...)*
I began investing in stocks and Def earlier this year, and it is the best choice l've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.
What opportunities are there in the market, and how do I profit from it?
You can make a lot of money from the market regardless of whether it strengthens or crashes. The key is to be well positioned.
I would really like to know how this actually works.
All you need is a good capital and the service of a professional broker, with those your investment will most certainly produce high yields.
The rent is too damn high!
That dude had some nice facial hair
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Victoria Wiezorek too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Buyers aren't buying because prices are still too ridiculous. People need to stop trying to sell a $200,000 home for $475,000. Get real!
Sir, we’re already in a recession. We’ve been in a recession since April 2020. We’re headed towards a depression.
Where do you get your weed? It's very high quality
Please, everyone stop buying homes at these high prices
The prices won’t come down until everyone stops buying homes
I work in the construction industry and I do a lot of residential and I see these homes selling like hotcakes.
It’s ridiculous and it makes me sick. The realtors are to blame for lying to their clients..
Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly.
Investment should on every wise individuals bucket list. You will be ecstatic of the decision you made today.
This is good I guess I'm not alone in this world
My husband and I are in the same boat but not quite at 7, but doing really well. We’ve always been frugal and invested while everyone we knew borrowed like hell and partied. We’re set for life no matter what happens.
all you mention are all good but I’ll advise you venture into fx first because it will help you grow your portfolio very fast and it require not so much to start
Will it require up to $50k - $100k for startup ?
I don’t think rate cuts will drive the home prices down. It will actually drive the home prices up since all these investors and homebuyers will jump to the market once they lower the rates
Sahm rule is currently present with our economy.
Its a 100% accurate economic indicator for a recession.
It should scare you. I don't think people realize how demoralized and desperate people are getting. The rich will likely end up on the menu this time.
Thank you for a realistic and sobering view of the current financial conditions! NO ONE in the mainstream media has the guts to do it! Not news we wanted to hear. However, we needed to hear it!
They’re not paid to do it.
Thanks, I never understood the Fed logic. Lower interest rates only benefit a grossly overblown Wall st. They won't help those in need of Lower costs, cars, houses etc. The Fed seems to take care of Wall st and the banks first every time. Bet on it!
His “realistic and sobering” view has been “housing market crash and mega recession in six months” since I was house shopping in early 2021. He’s a hack. Eventually he’ll probably be right, but only because these things are certain to happen eventually.
6.4% is still high when your financing half a million or more. Houses are still overpriced for the majority.
we are already in a recession and have been for sometime now.
Don’t forget 818,000 jobs were revised downward according to BLS! Unemployment will sky rocket very soon
these are old numbers
Good Point!
@@grimaffiliations3671 no there not. Year over year!
@@nathanstjohn2920 yeah, but its year over year ending last april
@@grimaffiliations3671 still a lot of jobs.
0:07 Dr. Shiller has a theory that as rates drop, sellers will flood the market. These sellers who have been locked in their houses with low mortgage rates will be finally freed to move. He thinks this will be what finally brings prices down. Would you please do a video on Dr Robert Shiller’s above theory? Since he famously called the ‘06 crash I hold his opinion in great regard. 🙌
Won’t the sellers cause demand to increase? Isn’t inventory still low in many markets? I feel only certain pockets where construction was overdone may continue to see price drops. Without a recession I can’t see price drops, and I say maybe only 20% chance for recession
Supply is down, yes. But demand is even lower. Houses are sitting longer in many markets.
Sellers don't care what rates are unless they are also buyers. Ans even then most sellers will have huge down payments or pay all cash for their next house. Buyers are the ones who flood the market and that's already happening. Cope. Cope hard renter.
Don’t think the people have the money
@@WelcomeIncorporated sellers absolutely care when they want to move and the same price house they have now will have a much larger monthly payment.
There is a thing called the SAHM RULE that has been 100% accurate in predicting a recession, The Sahm rule was triggered in 1970, 1974, 1980, 1982, 1990, 2001, 2008, 2020, and 2024. These years each coincided with a recession with the exception of 2024 YTD. In 2007 Dec we were already in a recession and didn't know it, sahm triggered in April 2008, we are probably already in a major recession but don't know it yet and have the biggest drop coming in the history of the US.
Nick, Your videos always make sense but a crash never happened and no crash will happen! Do you know why? Because the government printed too much money and it’s still in the system, plus they bail out strategically like with SVB. We are in a time where nothing will be allowed to crash. Just look at the massive negative 818,000 employment revision from last week. The market did the exact opposite of what it should do.
Fair point. So what's your prediction for the economy next 6 months specific to real estate and stock markets if your theory is true???
Dude been calling CRASH for 4 years. Fed rate cuts will raise home prices even further.
It's all based on emotions. All your gains can be wiped out in a week for your year of growth.
The way life works soon as he stops mentioning crash and stop doing the CZcams videos.... Here comes a crash BOOM!!! Its coming but quietly, its going to happen when people are minding their own business and when people stop talking about it. We will be distracted by something else when it happens.
@@jakhaiamari4930 sounds true enough
Been in stagflation for a long time. Never had high rates. Never fought inflation.
A lot of the 'GDP' these days is just Government debt. A very hollow economy.
better that it be government debt than private debt. Private debt build up always leads to collapse
@@grimaffiliations3671 Until you have a scenario where no one wants Government debt.
@@KBroly government can always by its own debt, or stop offering debt all together
@@grimaffiliations3671 and nothing bad has ever happened by the Government buying its' own debt when no one else will. /s
@@KBroly qe is an asset swap, its not inflationary
They are being paid to soften it up Nick, they are media talking heads. That’s why we watch your channel, because you don’t soften it up. The math never lies. Welcome to Florida! Thanks for the video.
Glad I convinced my mother to sell her house now and not wait another year or two. Closing in two weeks. Bought the house for $180k in 2019, just sold for $322k. She couldn’t take care of the house on her own. Now she’ll rent, get to stop worry about maintenance and repairs for awhile, and have a big chunk of money waiting in a HYSA to buy something smaller when the market corrects.
That's wise. Renting isn't always a bad thing.
High yield is going down 👎. Put the cash into a high yield Muni close end fund. Nuveen. 5.65%. Tax free.
I did the same as you sold my Mom's Florida home at high profit. Money in Nuveen tax free. Mom's in a nice 55 and over community now rental . No worries and she has no HOA fee.
Or lawn service costs or pool service costs. She's taking easy happy with income.
Cutting rates is inflationary.
Recession?!?!?. Already there. Its going to be depressing. The Fed wants your time, money and future.
You will own nothing and be happy.
It takes time for the economy to see the impact of the interest rate
This is very accurate now, months ago you were talking about inflation but now youre spot on the rate cuts will cause DEflation, job losses, market losses, housing market declines.
Despite all the financial struggles I and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord
Waking up every 14th of each month to 210,000 dollars it's a blessing to I and my family...Big gratitude to Geraldine lane
You're correct!! I make a lot of money without relying on the government.Investing in stocks and digital currencies is beneficial at this moment.
I'm 47 and have been looking for ways to besuccessful, please how??
Do you invest with a professional for broker?I'd appreciate it if you show me how to goals bout it
It's Geraldine Lane doing she's changed my life. A BROKER- like her is what you need.
We already have the problems in place, we will soon see what the effects are of those problems. Nice video dude. Keep up the hard work.
Broken record here but the economy is held together on life support with multi trillion annual deficits. That’s just plain unsustainable without some serious side effects.
It makes sense, because the Fed usually cuts rates in response to a crisis.
But sometimes the lag is over a year long on this indicator. Selling everything right now would probably be a mistake.
Thanks for continues updates! I am super excited about how my stock investments is going so far, making over $13k every week is an amazing gain🥰
How? I know it's possible, I would appreciate if you show me how to go about it
I will advise you stop investing on your own and seek for guidance from a professional, I don't invest on my own anymore, I always required help and assistance
from my personal Financial advisor
YES! that's exactly her name (Julia Rosa) I watched her interview on CNN News and so many people recommended highly about her and her trading skills.❤
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week
Wow.. Huge round of applause for such an in-depth analysis on recession due interest rate cuts 👍👍
In 🇨🇦 our 3rd rate cut is coming September 4th. Our big city real estate market has the highest number of listings in 20 years and sales continue to lag.
they are giving no payment $0 down loans to over 2 million illegals in California and AirBNB customers buy houses and then AirBNB gives them for free use to illegals. These 2 factors alone make his data irrelevant.
The FED cut rate AFTER 2000 DotCom bubble and 2007 debt crisis, not before it. Historically fed only cut rate when US had already been in a recession, not before it. You cannot use fed rate cut to predict a recession. This is a very simple logic.
We throw around the word recession, yet we have been in a recession with extreme inflation for a long time now.
Rate cuts traditionally lead to a temporary correction, then rebounds to all time highs. Buy
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point. It's tricky during election years.
the average person finds it difficult outperforming the market on a day-to-day basis. In actuality, most people who have the necessary abilities are advisors with experience since the '08 crash and beyond
Agreed, I once downplayed the role of financial experts until suffering 40% portfolio loss amid 2020 lockdown, at once I consulted a pro and my portfolio was revamped thankfully. As of today, I'm just about 10% shy of my $1m goal after 100s of thousands invested.
bravo! mind sharing details of your advisor please? my job doesn't permit me the time to analyze stocks myself
‘’Aileen Gertrude Tippy” is the licensed advisor I use. Just google the name and you’d find necessary details. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
such an eye-opener! cant wait to experience financial advisory at first hand... curiously inputted Aileen Gertrude Tippy” on the web and at once spotted her consulting page, she seems highly professional from her resumé
The threshold for a "too hot" vs "too cool" labor maket seems to be razor thin. It was too hot when they wanted to blame inflation on a strong labor market rather than their intentionally horrible policy decisions and opportunistic price gouging.
What??? Since it was created, *the Fed has had a DUAL MANDATE of low inflation and low unemployment.* Economics 101 man.
Econ 101 should be taught in high school. Lot less people walking around without a clue.
Problem is the Feds history shows they crush labor almost every time by leaving rates to high for too long. But I guess that's just a coincidence that a group of private corporate banks would create a situation where labor is cheap. LoL!!!
And what happens when they have to pick one or the other?
@@jonathantaylor6926they’ll surrender to inflation
@jonathantaylor6926 They carefully compare the incoming data, discuss the most likely outcomes of their actions, adjust their charting decisions, and then act objectively and decisively as economic experts to make a balanced decision.
That's why we have had, and do have, the best post-Covid economy among all developed nations in the world.
Not a word about the fact that the criminal Fed kept interest rates far too low for far too long and that lowering them now will increase inflation like nothing ever seen. Weimar here we come.
Nice job, Nick. Excellent reporting.
They haven't cut rates because inflation is NOT under control. They are falling again into the trap of targeting stock prices and not inflation.
I just don’t think anyone is appreciating how much govt spending it propping things and will more than likely continue to sustain going forward
Oh yes. They are drunk on the outcome of their actions. Having power to print money in these amounts must be the biggest dopamine hit you can have
1995 rate cut was a minor adjustment, not a policy shift. 1998 rate cut was to save the market from the Asian financial crisis, both time US was in a healthy state.
You can also cut... the price of your membership on CZcams.
The government has always used parttime, temporary and entry level jobs to soften the unemployment numbers. The issue is those jobs are disappearing. Between rising minimum wages and AI/automation those type of unskilled jobs are not coming back.
My question is what is your job in 2025. we dont have a recession, housing prices have not crashed, and we are going to reduce rates. Its tough being a crash bro.,
So much important info in this one video. Thank you so much for this reality check, I sometime think I am the one that is crazy when speaking to folks around me and listening to the media. I have been OUT of the market since 2017, and buying metals since, I am so ready for this thing to come down finally!
It's not a good idea. Inflation will get worse.
I think wealthy cash buyers have been making the housing market look better than it is for a while now. I am in an area where housing prices have been fairly steady or even going up a bit, yet I have seen so much more inventory. And now the less expensive homes, which were getting snapped up almost before they could be posted, are starting to sit. And I am seeing more small price cuts starting to appear.
The cheapest new builds in an in demand area of the city are also starting to pile up. I think there are around half a dozen unsold right now. I haven’t seen that happen before.
Friend works at a wealth management firm in VA. She regularly observes mothers gifting $500K to $1M to sons to buy a house with land. No mortgage required for those buyers.
Our economy is fucking broken!
"Regularly see mother's giving 500k to 1m to sons" yeah right. Lol. Such bs.
Amazing amount of money. But life and experience have shown me that being rich doesn't necessarily mean they'll stay rich. In fact I have often observed the phrase "Easy come, easy go" in play.
Trust fund babies, or parents that have the cash to give to their children. Saw this all the time in Los Angeles
40% of all houses don’t have a mortgage. Good luck with your crash
We have been in a recession for over a year. Millions of people have been laid off.
A rate hike is the only thing I want to see from the Fed. Anything else is going to maintain the price gouging we've seen since the pandemic. The worst thing JPowell can do is lower rates. That will convince sellers they're not supposed to cut the price on what they're selling.
I'm an economist. You clearly don't have a clue.
A rate hike will not only destroy the economy in the USA but also the rest of the world
@@AssetAddict "I'm an economist...."
So basic, you're useless 😊
What? Do you really believe that?
@@AssetAddict Most economists don't have a clue.
Just agreed to buy a 320k house that was on the market for 22 days for 295k. Although rates are going down, people are still willing to listen to offers
Does interest rate cut signal recession?
ChatGPT said:
An interest rate cut can sometimes signal that a recession is on the horizon, but it doesn't always mean that a recession is imminent. Central banks, like the Federal Reserve in the U.S., often cut interest rates to stimulate the economy during periods of economic slowdown or when they see signs of a potential recession.
Did you watch the video?
After you watch the video, you can go ahead and fact-check the charts and data covered.
@@cabot100 ChatGPT can't even count the Rs in strawberry.
@@pdubyaz it depends on how you phrase it, because of the way tokens are structured
It’s funny when people use ChatGPT as some sort of authoritative information when in reality it’s pretty much the exact opposite of authoritative.
Many economists believe that an unemployment rate of 5% or less is close to full employment, which is when almost everyone who wants a job has one, employers have the skilled workers they need, and there is limited inflationary pressure on wages. This would mean that the employment rate is 95% or higher.
I’m wondering how many people listening to this …know someone who has lost their job! It will touch many many people. Hold onto your hats people!
And it will only hurt the little people, never the rich and powerful!
My mom and her boyfriend were both laid off. They're 58. My mother in law, I just found out, is being laid off by the end of the year. She's 65. My dad was laid off in 2020 by at&t just before his pension kicked in. He was 55 at the time and worked there for years. I do feel like the layoffs are disproportionately targeting people nearing retirement. Luckily, my father in law retired over 10 years ago, or he'd be on the chopping block too!
@@kristine7304 IT might just be you seeing that within your family, i work with several ppl that are in there late 60's, early 70's still working fine. What i keep seeing and mentioning is that businesses cant find enough workers, you go to a restaurant for example, or a grocery store there is not enough ppl.
I wonder if any of the 900 PHD economists that work for he FED or any of the so called media economic "analysts" have any clue of the data presented in this video. Lower interest rates will only cause an increase in inflation and lowering of asset prices. Government spending on the welfare state paid for with borrowed money is the source of the inflation tax. Who can afford to buy a home or car when every day living expenses (i.e. government confiscation/taxes) are skyrocketing? Excellent analysis.