The U.S. Faces its "Most Dangerous Time" in Decades (Jamie Dimon Explains)
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- čas přidán 6. 06. 2024
- Jamie Dimon (CEO of JP Morgan Chase) has just revealed his annual shareholder letter where he talks in detail about the U.S. economy, inflation, interest rates and The Federal Reserve's monetary policy. Why is he calling 2024 "the most danggerous time" the U.S. has seen in decades?
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★ ★ CONTENTS ★ ★
0:00 The Most Dangerous Time in Decades
1:16 The U.S. Money Problem
3:00 Inflation Isn't Going Away
5:15 Geopolitical Risk for America
10:40 Jamie's View on Artificial Intelligence
My Podcast: / theyounginvestorspodcast
Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
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It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
Her name is Amber Dawn Brummit can't divulge much. Most likely, the internet should have her basic info, you can research if you like
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.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over half a million dollars.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
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.
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, it’s important to do your own research.
I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
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 a message. I hope she gets back to me soon.
The United States as we know it is no more. All signs point to 2024 being a year of significant economic hardship for the entire nation. Put your cash to use straight away to increase its value. I was aware that I needed to invest. I had no idea how quickly a few thousand dollars a month would go up. Though it is. Since 2020, I've made about $600,000.
Congrats. Your ability to control the whole risk profile of your investments and prevent irreversible capital loss will be your actual financial unlock. A plan must be in place to take advantage of opportunities to profit when they arise.
When you first start off, you should get advise from a fiduciary counsellor if you don't want to crash and burn. They adopt a profit-driven approach based on individual risk tolerance because their entire skill set is built on simultaneously trading long and short.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
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
My CFA ’Melissa Terri Swayne’ , 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.
We can't ignore the potential impact on portfolios. Bonds are often considered a safe haven, and if they crumble, investors like me might scramble. I’ve been investing for 11 yrs and my $1m portfolio has never been this depleted, how i do hedge this?
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my $700k portfolio and boost performance and returns by 40% in a little over four years.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Laila artine kassardjian' 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.
The Jamie Dimon AI voice used on the article he wrote is really good! Almost didn't notice it was a synthesized voice. The only thing that's really noticeable is the intonation, and flat sounding sentences
Noticed too. It’s crazy.
He sounds just as flat as Powell when he reads his speeches. Is Powell real? 😂
@@IVEdge when you are fed chair it's generally a good idea to not sound to excited or emotional.
@@Ardarail or honest
The pigs flying in the background around 2:39 have me dying, such a subtle but effective animation lol
Everything Jamie Dimon says is about benefiting Jamie Dimon.
This 1000%!! 👆👆👆👆👆
I would rather a self-interested capitalist giving me advice because his skin is in all the games that are being played. All gov’t has to do is continue printing money and pretending that they are doing it on behalf of the people they steal from.
Doesn't mean he is wrong. Nothing about the US or global economy is sustainable.
^^So true!! LOL!!
That might be because you don’t understand macroeconomics
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Adriana catherine
....
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
Please educate me, i'm willing to make consultations to improve my situation,
Yeah, I used the FIRE movement to put my finances in order. Then, I invested in stock, cryptocurrency, and real estate, though the assistance of my discretionary fund manager, adriana Catherine, who helped me make it big...
Please how do I find this financial counselor?
Which AI tool did you use for the voice of JD?
Are there any comments on this channel that aren't bots pretending to be human and suggesting bullshit traders?
seriously, youtube comments section feels like twitter now (or X i should say 🥲)
Not many. All these doomsday videos have virtually the same questions with the same comments.
Pretty soon they’ll even bot negative reactions to the other bots.
@@Calidastas it’s already happening i witnessed it 😭😭
The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyper~inflationary environment, individuals must continue to use their hyper~inflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
My CFA ’’ Vivian Carol Gioia, 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..
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 resume.
Thee years I have been hearing this mantra about ‘bubble of everything’. At the same time, I didn’t hear that someone of these prophets sell all of his assets and bought a gold.
Very informative & well presented video thank you
Wait.... he does policy in Washington ? Does nobody see a conflict of interest here ?
He’s consulted on policy as are leaders in every industry and yes this can be a conflict of interest, but the government doesn’t have anywhere near the expertise needed to craft policy for a viable economy. It’s an uncomfortable fact that’s difficult to avoid.
Exactly I’d rather have professionals that are the experts of their industry have input on the policies relevant to them rather than government officials who have 0 clue
@@investingtips2957 You're very well trained. Well done. Here's a dog biscuit.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000
Mind if I ask you to recommend this particular coach you using their service?
Carol Vivian Constable 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..
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.
0:59 HAHAHAHA the thumbnail for 2020
He's been saying this for years and predicts crashes that never happen
Because no one can predict the market how bad the data is saying or how good...
It's been brewing for a long time just hasnt reached a full tipping point yet. Hard to say exact time but the underlying factors remain and will have an effect. Things do not happen instantaneously with these things and with rampant short termism if something hasnt happened within a couple of months they just say people were incorrect. Look at the housing market crumbling in real time, look at the amount of liquidations/insolvencies in companies being at some of the highest rates in decades, look at the fact last year the US was actually in a technical recession at one point, look at the continuing printing of money/not addressing the deficit due to geopolitical factors as mentioned in the video (which is also a primary factor for most of the inflationary issues seen in the economy) look at the extreme layoffs in tech, and some of these jobs may never return once AI progresses. Which also potentially means more unemployment, and more stimuls needed in a form of welfare so people can actually live as there will be a lack of jobs. Consider also this printing has been going for 20 years+. Consider how china has gone from basically a non 1st world country in terms of overall living standards to a global economic superpower that rivals the US, with tensions always slowly intensifying. Among many other emerging countries slowly growing at faster and faster rates. Like yeah you could see some things coming into fruition years off, but these things are longer term factors which will eventually play out of certain trajectories continue/werent addressed in time. Weve hit that point so it's a case of seeing how bad things become as a result. You could have seen something like this happening, 2-5 years ago and you would be right. This isnt ok a recession recovery done dusted back to normal in 6 months. It is a situation that could literally have an economic impact for over a decade lol. And may continue to get worse for maybe even 2-5 years before there are signs of positive change and recovery. You do not transition to green energy overnight. You cannot get infrastructure in place that fast nor do capital investments instantly show results which are needed for economic growth in the right way. These things happen over the course of many years or even decades. Your statement is grounded in short term shortsightedness. If you zoom out he is not wrong, among others like dalio etc. Come back to your post in 4 years if this is not clickbait paid account propaganda to help with a strong us economy narrative.
Ah the old “it didn’t happen right away so it’s never going to happen” trap. You probably don’t work in finance, so I doubt you know this, but we started predicting the mortgage meltdown of and ‘08 recession in’05. And we heard the same nonsense then - “you’ve been saving this for years. Obviously you were wrong.”
@@Lewis-me7jr crushes are inevitable, also progress is inevitable
Great video!
Great summary. I read the letter every year too. The AI reader was a nice touch.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Monica Shawn Marti 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.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
Great video! I really do have a quick question. For someone with less than $10,000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?
Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people
I successfully trade in my own portfolio, and also follow others because I'm interested in their strategies. I realized I've got better at managing the trader's strategies too. There's nothing wrong at all with having someone far more dedicated manage some of your portfolio.
It is essential for you to have a mentor to keep you accountable
1. Limit your spending/cut off retail therapy
2.Put the extra cash towards investing in high yielding or steady investment.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Her website instantly showed up, I believe that you saved me several hours of research.
It is funny that not everyone knows about AMS99T
Hi Brandon great video just a small thing in the description it has "the most danggerous time" 2 gg's Thanks for all your fantastic work.
Even if we are at a more normal federal funds rate around the 5% we can see on older charts that the fed rates was more uptrending from 1955 to 1982. After a roughly 30 years of decline in Fed rates & the fact we spent few years at low interest rates... how do we know if we are not starting a new "uptrend" of fed rate?
Can you do a video on where to invest in times like this? DCAing into a overvalued S&P doesn't feel right anymore.
I'm DCA-ing into TLT for the eventual rate cuts
That one was great! Would love to see similar ones with other CEOs and not necessarily just those of the banking sector.
Coinbase, OKX and Binance will list AMS99T very soon. We do not have much time left
Man, the Jamie voice sounded great.
we let manufacturing go overseas
we have no tax base
I don't trust a word coming out of Dimon's mouth.....if he meant it JP Morgan's stock would drop at the speed light. This lad, Dalio, etc only care about one thing: getting our money into their pockets.
Purchasing AMS99T at such a low price feels like a steal. Holding onto it for the long term seems like a smart move
I like how Jamie reads his own text
ai
Dangerious? Then why they still manipulate the pricious metals prices by dumping etf to push down the prices? If dangerious, why the stock market are push upwards artificially etc?..... It doesn't make sense and I understand at all. Can someone please explain to me. Thank you.
8:03 someone’s been watching Gundam Wing
The default if within 12 months the inflation stay 2.75-3 %, then lower the interest rate 2-3 times depending on economy while waiting supply chains to catch up, hoping products and commodities lower prices. Scenario 2, if economy downward, then shorten and lower interest rate 3 times within 12 months.
It is important to note that the economy is being fueled by large amounts of Govt deficit spending and past stimulus (US govt problem)
Growing need for increased spending as we "transition to green economy" (US govt problem)
restructure "Global" supply chain [because they want to restrain china]; (US govt problem)
Boosting military expenditure LOL (US govt problem)
JOKE
US citizens should know that the war they should be fighting isn't against other countries.
But the previous generation that fucked them up and literally stole your time and money, inflated your life and effort away.
With that said,
JD is the only one i really respect.
JD for president!
US citizens have no interest in wars outside of our borders, we just can’t get our political elite to settle down, and JD for president is a wild comment lol.
Forecasting is always very difficult especially when it concerns the future 😉
Jamie Dimon reading his annual letter was pretty cool
Honestly bring on the AI customer service asap I think it may potentially do a better job than some of the indian call centres/be a massive time and money saver. Could legitimately save years worth of money/time lol.
Increasing the money supply is only inflationary if it outpaces the production of physical wealth within a country. If you have a country with one dollar and one house, you will have no inflation by printing a second dollar if you build a second house.
I thank Jaimie D for his Economic and Financial Analysis on the state of Global affairs with investments. This is a great presentation by an accomplished multimillionaire to provide us with very meaningful information on America Economic status with a Global focus .Jamie Dimon is well qualified as a Financial Mogul to educate us in North America and also in the Global arena. Keep up the good work Jaimie Dimon. Thanks for sharing this video. Very educational.
Great content and personally I don’t like the AI voice over. It makes the content less authentic though it’s cool.
Man, everyone isn’t okay in the US. Inflation is crushing the bottom 40% wage earners still.
Maybe wage earners but change it from wage earners to all citizens and the 40% goes up … way up.
Thanks for the video. Maybe I am burying my head in the sand but I will continue to dollar cost average and stick to my long term plan.
Are you changing your approach based on this information Brandon?
Size is a minor factor compared to financial stability. Chase is way down on the list when compared to other banks worldwide in that metric which is probably why Jamie is sounding the alarm.
AI is the future. Not investing in it one way or the other would be silly. For instance, buying NVIDA at a PE of 70 is cheap considering it's growth and growth potential. Buying AMD at a PE of 300 is frothy. I think we need to make this distinction. The same goes for ARM. Anyways love your channel. Keep the content coming. Also super glad you did a video on someone like Jamie Dimon!
Inflation is not a problem in itself. It's wealth distribution which is the real issue and threat.
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
Thanks to my co-worker (Alex) who suggested Her for me
After I raised up to 325k trading with her l bought a new House and a car here in the states 🇺🇸 🇺🇸
also paid for my son's surgery (Andy). Glory to God.shalom.
Dimon himself is partly responsible for causing such situations. Remember 2008?
Belarus is not in European Union.
People like Jamie Demon are the people responsible creating the most dangerous times in the world.
Because of you!
Doesn’t matter if we get this years inflation down, the price of food and rent have went up 50 % in a short period of time that’s crippling and is the new normal so if we can’t claw back that 50 % regular people will never have a chance.
The guy still thinks people have too much money because of covid stimulus checks....which ended 2 years ago.
Term Limits for Congress can help fix much of this.
Notice, never dares to mention that raising taxes on the investor class would solve problems mentioned.....
Well with the threat of a global war looming it’s pretty easy to predict doomsday in the market
True! The market has been crazy lately, a few surprises here and there..
with all the global happenings taking place I think it’s safe to say that a severe global recession is looming
yeah! You can definitely say that, it does worry me a bit, but not as much as it would worry the average guy, my investment portfolio has survived a couple of recessions unscathed, been privileged to be guided under the stewardship of an extremely gifted portfolio manager by the name NELSON MAYNARD FISHER
Interesting! Tell me more !
Sure..NELSON MAYNARD FISHER has a really unique gift of being able to looking far ahead down the road to spot future investment portholes and possible major mishaps, so he helps me make the safest investments and also helps me hedge all my investments against possible future downturns
Hi! I just searched for him on the web and check out his profile, looks like a really smart guy.
Doesn’t the Treasury print money?
Concerns about a potential recession and the Fed's talk of interest rate hikes have left me uneasy. I'm unsure about my $440K portfolio strategy, considering the uncertainty of a recession and the possibility that interest rates may not rise significantly
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
Just get a financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but I'm comfortable in my financial environment.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Who is your advsor please? if you don't mind me asking
Amber Dawn Brummit 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 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.
Is this an AI voice for Dimons transcript readings?
Oh nevermind I got to the end of the video and you said it is. I guess at least I'll take that as a win for picking it early.
He’s been saying this but he doesn’t know
Also think hes being generous when he says half 75-80% lol, they probably have in their private probability calculations things around a 5-10% chance of a soft landing at most, and doesnt say more precise numbers because it would aid bringing a recession into fruition as the US economy is so heavily dependent on consumer spending on BS unneeded tertiary products/discretionary products. That would be bad given the current climate of things, but things are looking so bad you cant advocate for a soft landing without losing all credibility in the future lol. He is basically saying things are bad and extremely improbable the US will see a soft landing unless there is some unforeseen miracle, but I cant outright say this because it will simply cause greater problems. There appears to be no positive economic case to say long any long term factor point towards avoiding economic pain in some capacity. Most of the stimulus was mispent too. E.g. covid care packages went from consumers to companies like meta/apple to fund their failed metaverse research projects which does nothing for the economy. Plus things like spending on healthcare, sure a healthier population means more people in work - but I would argue if there is a lack of jobs health does not matter, and most people working in decent jobs probably would get healthcare benefits in their jobs already. So how does this money help the economy in the next 5-10 years to a great degree? I would say healthcare is not the issue in a lot of cases, but things like homelessness, drug abuse, and other factors are more pressing in terms of people being unable to work and aid in a productive society. And once again a lot of that money may end up reducing the wages of healthcare professionals/ending up in the pockets of those who run pharmeceutical companies, more so than bringing greater productivity. The only real net positive I see is green energy spending/AI (which is more privitised anyway/requires highly skilled workers to utilize in any newly created jobs which would more than likely not address the people unemployed from such a technological progression. In the meantime, Saudis, UAE, South America, India, and China, will likely keep growing at a rate more rapidly than the US. It does not look good long term, especially if they cant strong arm smaller countries anymore, and people become less inclined to purchase US debt.
The position that Dimon is in is more political than anything. Remember, fed is more dovish than bearish, creating tailwinds for expansion of everything, media and the markets are clearly optimistic about the economy. Therefore there has to be something to balance it out to avoid hype and excess optimism. IMO, Dimon, with his influence both in public and private sectors, is that figure which creates counter narrative to the mainstream to keep the lid on the economy overheating and keep market participants behaving
I'm not invited into conversations of edits I can't give much but the storys characters involved has not considered any successors for their positions having mismanaged against policy and their mixed balances in bias and processes holding them incontempt
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
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
Whitney Kay Stacy 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.
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.
He is JP Diamond, NOT Jamie Dimon!
And isn't that obvious?! He is the CEO of JP Morgan.
I honestly don't understand why you're discussing these dubious schemes. There are plenty of options like Eledator and similar ones that are fast and profitable.
Spending borrowed money to boost the economy is itself a self-dug grave. And worse, it was the works of the same unscrupulous politicians who earlier pledged to reduce federal deficits!
I find it funny for Diamond to be worried and upset about the economy since he's been an deep in the middle of creating the trajectory of the economy
add ft. jamie diamond to the title
If he wants us to fear, he wants to accumulate his assets for cheap. Do the opposite of his desires. You will be better off because, nothing he said really is a new factor.
No one who works for JP morgan chase is "esteemed" in any way. Your company should have been nationalized after it went bankrupt and WE purchased it after it went under. Or we all just forget that?
Half of the comments are scammer bots!
The current debt service will soon exceed the defense budget. Government spending on its obligations along with needed infrastructure going to cause deficits and ballooning debt as far as the eye can see. Diamond is correct, its not if but when the rubber band snaps. I say ignore his views at your risk.
Yet y’all pumped stocks yesterday oh please 💀💀💀
Why does the USA need to boost its military spending??? Who threatens the USA's national security?
2002, yeah we know WHY
First line, when you said he's "widely regarded as" I thought you were going to say "a criminal corrupt CEO".
Yea, but that was a sllly thought on your part, as he’s not widely regarded in this manner. Your view is a very narrowly regarded perspective.
Exactly
@@SignalCorps1 Only you and this fanboy channel think positively of Jamie Dimon lol. Anyone who was alive in 2008 knows this clown is only interested in lining his pockets.
He is interested in far more
Than that.
@@jackcarlos Don’t make me laugh. I don’t expect you to understand this, but there’s a big difference between someone having an interest in lining their own pockets and being a criminal corrupt CEO. If you have any proof, I’m happy to hear it, but since you don’t have any, keep in mind that just because you’re poor doesn’t mean that everyone that is rich is a criminal.
The last words in the video that AI will have deflationary impact in the future meaning people will loose jobs because of AI?
So do you think a recession is coming?
Buy and hold, 60% total US stocks and 40% bonds. Stay the course.
First and lastly he is One of biggest creators of this shit
👀👂👂✨
All that equates to the MOST DANGEROUS TIME.......pretty weak sauce
5:09 so he actually belive 60% to 65% chance that US have no softlanding.
I really like this channel, but why every second video is about “the most dangerous recession” , “ It is coming” , “ is this the end of United States” ect… 😅
It's why i come here once in a while
Here's a comment from not a bot that just loves your videos
Anglo saxons without colonisations and birth rate, how are you gonna cope?
Brandon let's circle back and focus again on FINDING GREAT COMPANIES, STOCKS, ANALYSIS and VALUE INVESTING for God's sake! No more of that Yahoo finance style news drops or interview commentary! Same & same every week now..move on from that passive commentary style content.We already have that on a higher level in most media outlets. CREATE some great content, accompany & empower us on this journey of exploring & finding value in buffet style companies.
Couldn't agree more. The past 6 months have been stale AF as he copy/pastes the latest interest rate headline.
This channel used to actually try. Until they started pumping their education courses...
same things are said 3 times in the video
Defund the government.
He is part of the reason
The fin-Markets have underperformed the U.S. economy as fear of inflation hammers the prices of stocks and bonds. My portfolio of $750k is down to $597k any recommendations to scale up my returns will be highly appreciated.
Consider diversifying your portfolio across various market sectors to achieve a balanced investment approach, minimizing the potential for significant losses.
You're right mate! I’ve been using a fin-market expert for two years now and I own a 7figure diversified portfolio from investing in stocks. Currently, my portfolio is worth over $1m.
@@Markjohnson09 Glad to have stumbled on this comment, Please who is the consultant that assist you?.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Breton Dollard ” for about five years now, and her performance has been consistently impressive.
@@Markjohnson09 I've come across a lot of recommendations but this one stands out. Marisa Breton Dollard" resume is pretty sophisticated, and shows she was active during the last bear market, I also emailed her. Thanks for the info!
It's a "Dangerous Time" because the economy has had so much drained out of it by his "TYPE" that it no longer can support them. Its "dangerous" for them because if necessary people with no other skills than usery need support. Welfare for the Well To Do....Stark,Cold,Rigid, Capitolism for the Rest.
Draymond, Rondo, etc have all made all star games because there important to winning and performed in the playoffs. Jamal should have definitely been an Allstar this year, but will definitely next year
Fair warning if Diamond says it’s coming it’s unstoppable. He’s the ultimate insider. This is fair warning and will help him deflect responsibility later. Get ready!
Greener economy?no such thing
Love the channel from Israel 🇮🇱 ❤
So sweet… Jamie is trying to predict the future 😂