Half of the U.S. economy is in recession, says research firm founder
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- čas přidán 13. 07. 2024
- David Rosenberg, founder and president of Rosenberg Research, says "people are focused on the half that isn't," adding that "we're already in [a] soft landing, the question is what happens next."
Crash! Crash! Recession! Inflation! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.
I suggest you offset your real estate and get into stocks, 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
You are right! I’ve diversified my portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
Do you mind sharing info on the adviser who assisted you?
Sharon Marissa Wolfe is the licensed advisor I use. Just search the name. You’d find necessary details to work with 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 inflation and market crash at times like this. So for me,this is time for aggressive investment. The more stocks drop, the more I buy. I'm just focused on making better investments and earning more as recession fear increases.
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.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.
Svetlana Sarkisian Chowdhury 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 and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
They just noticed this?
🤣🤣🤣. US has been in a DEPRESSION since 1960s! kept alive by fiat dollar, endless wars, enslavement, ponzi stock market, and looting! and of course....the OUR PROPAGANDA MEDIA! ⛔⛔
If it wasn’t for the AI boom, it’d be crazy bad
What?
Ai is a bubble
People know already!!!!!
🤣🤣🤣. US has been in a DEPRESSION since 1960s! kept alive by fiat dollar, endless wars, enslavement, ponzi stock market, and looting! and of course....the OUR PROPAGANDA MEDIA! ⛔⛔
We Are in Unchartered Financial Waters! Daily challenges have become the new norm, and what we once considered crises are now routine. Amidst the country's economic struggles, I'm determined to protect my hard-earned $680,000 savings and explore ways to grow my wealth during this transformative period. How can I optimize my earnings and safeguard my financial future?
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an financial expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, . Initially, I began investing independently and experienced significant losses in the market for a considerable period. However, I eventually made the decision to engage the services of a financial expert, despite my initial skepticism. Surprisingly, I managed to outperform the market by over 9%. At first, I considered it a stroke of luck, but this success repeated itself for two consecutive years. As a result, I have since continued to rely on investing through a financial expert.
Could you possibly recommend a financial expert you've consulted with?
My cfa expert is monica Mary strigle ’ , 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.
monica Mary strigle ’ , is a renowned figure in her line of work. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Yes, I believe that the recession has started. There have been a lot of layoffs. The job market has also become tight enough that everyone I know is unhappy at work.
Recession is hitting housing market $
It’s hard to tell bc I’m in a big city with heavy tourism and no one seems to be showing signs of slowing down spending. Ppl are also traveling and going on vacation. Everyone agrees things are
More expensive but there won’t be a recession until ppl actually lose income and unemployment rises and spending crashes
More than half
why now?
Fed is clueless , take the power of setting interest rate from Fed and handle it to the government
Bot
Half!
3 out of 4 job postings are fake
You made that one up.
David has been predicting doomsday since he got 2008 right. He has been wrong for 10 years
Wtf even that means?
FYI This guy has been consistently wrong for around 4 years now
So this is nothing like 2021? hmm I doubt that
He has been wrong and if you invested with him in mind, you lost money.