What today's CPI means for the Fed
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- čas přidán 10. 07. 2024
- Gary Cohn, IBM vice chairman and former NEC director, joins 'Money Movers' to discuss if Thursday's CPI data is enough for the Federal Reserve to cut rates, if the economy can get through this cycle without a recession, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other
recommendations you made.
I agree. Just because there are opportunities doesn't mean we should dive in without caution. We should look for market analysis or guidance, or seek advice from certified market strategists.
Absolutely, having a solid plan is crucial. My portfolio has been well-balanced and recently doubled since early last year. My financial advisor and I are working towards a seven-figure goal, although this might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks
I work with BONITA JEANETTE RODRIGUEZ. Just look her up online
Thanks! After looking her up and reviewing her credentials, I'm Impressed too. I've scheduled a call with her for advice
Did you guys catch the latest CPI numbers? Have you seen the market lately? My portfolio has taken quite a hit, My tech stocks have been plummeting. I have lost almost 40% of my holdings, it's been a rough ride investing on my own.
Considering the prevailing economic climate globally, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support
@@Angelavaldess Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.
@@Aurierserge50 Hello & Thanks for replying, I buy into the idea wholeheartedly but finding a decent one has been challenging. Do you mind leaving some recommendations?
@@Angelavaldess I work with the popular Sharon Crump Cline. Who happens to be a hot topic among financial elitist in The US. Especially for her works during Covid. All the information you need to set up an appointment is on her web page
I will be forever grateful to you, you changed my whole life and I will continue to preach in your name for the whole world to hear that you saved me from a huge financial debt with just a small investment, thank you Crest
I am financially favored, thank you Jesus $32,000 Weekly Profit Regardless how bad this is for the economy.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
How ? I'd really like to get into crypto Investing.
I have about $145k set aside, but I don't know anything about this market. Would you please provide the best info
I am a newbie to crypto investing, please can you guide me How did you make profit?
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.
You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.
Interesting! But I'm new here. How can I get to this person's guidelines??
SHE IS ON TELEGRAMs
The biggest lesson I learned in 2023 about the stock market is that nobody knows what will happen next, so practice some humility and low a strategy with a long-term edge.
Nobody knows anything; You need to create your process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@@johnathonchristison True, initially I wasn't quite impressed with my gains, as opposed to my previous performances, I was doing so badly, that I figured I needed to diversify into better assets, I touched base with a portfolio advisor, and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.
@@marilynchamber-i3t Could you kindly elaborate on the advisor's background and qualifications?
@@KevinCampbell-p2o “Victoria Carmen Santaella’’ is the licensed fiduciary I use. Just research the name. You’ll find the necessary details to work with a correspondence to set up an appointment.
@@marilynchamber-i3t I just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.
I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.
It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.
I spread out my $25k portfolio across various markets to diversify my investments.
That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.
Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!
I want to start investing but need guidance. Any advice or recommendations for assistance?
It's a smart move to get help from experts when you're starting to build your financial portfolio. It can be quite complex, so seeking professional guidance is a great idea.
Getting advice from financial advisors, like Della Martin, can be a smart move to reshape your portfolio. They have the expertise to help you make informed decisions.
I made sure to invest my $25,000 portfolio in different markets to diversify my money.
Wow you know her too? Her success story have gone wide she is really honest.
If someone is good at what they do, others will always vouch for them.
Why cut. I like the interest income
@@dalepetersen1166 then buy REITS (excluding office space) before the Fed lowers rates.
@@snwbm great that way black rock can own all the housing
@@snwbmWhy not office space? They still use it
People using credit card for everything because it is summer. Wait for winter to hit.
People who use credit card..... use credit card.
People who don't use credit card...... don't use credit card.
Season don't matter.
Bernanke and Paulson talked the 5 big Banks into loosening up credit in 2008.
Since then Consumer Debt increased by $5 trillion.
They will never admit the Economy has run into a BRICS Wall,
until the body count is released.
70% of available resources on this planet are located within the Nations who
are in the BRICS Group and Associates..
That Supply Chain they were mentioning......
That is now located firmly in the BRICS Trade Union.
Inflation began to increase in 2015 after the New Development Bank
announced their loan program in 2014.
Commodity Brokers can cut back on asking for Products to be delivered to the US Ports,
but they now are forced to pay the prices that BRICS and SCO set.
The Brokers do not get to determine the prices any longer.
You can tell even CNBC is done with this noise ☹️
Yah, cutting for the election. If they cut the rates now it would be too soon and could be paying out Social Security benefits and VA at a higher rate. Looks to be a higher Cola than they are projecting. My guess is 3.3 percent.
Look at the price of crude oil in may ending, the latest cpi figures are due to the price of oil between april and may. it takes 2 months for the price of crude oil to have an impact on the cpi. The price of crude oil started climbing again from first week of june, now we are in july and the ppi is climbing again, remember that to predict inflation, watch the ppi, so the next cpi figures will move up. The fed cannot cut rates with crude oil price at above 80 dollars per barrel. it it impossible, believe it or not.
Cracks are appearing, get your money out quick. It may creak for months yet, or go very quickly.
You get out. We will meet you on the other side.
Aug 2 Unemployment rate is gonna be 4.2 or 4.3, Then Fed is cutting rate in July 31 by 5-5.25. I don’t know whether fed is going to see the unemployment rate, if they do, then fed cutting rate is imminent, if it’s 4.2 or 4.3.
What does a rate cut mean for the markets?
Cut and inflation comes back means no credibility left with fed 😂
Inflation comes back, they raise rates again. It doesn't have to be a permanent fix. It is subject to a variety of forces.
As long as the Fed is using the limited tools available to them with the limited foresight that backwards looking data can provide.
Only armchair quarterbacks would criticize them if inflation returned.
They were freaking quick to rasie the rates but now so sk cautious when its time to cut 🙄 come on????????? Freaking cut the rates already and allow the market to pop!!!!!
I'm glad, it has given me a chance to build an insane amount of dividend income. The opportunity is running out.
the market has peaked, when the Fed starts cutting the market is going to crash
@chrischoir3594 or rally. Both are guesses. But in the long term it will go up.
Inflation was getting out of control so they had no choice but to cut fast. It is the right thing to do to cut slowly.
The market is essentially expecting people that are currently getting decent interest income to buy the stocks they have run prices up so much using the money borrowed at 0% during COVID?
Having just a single lever to pull, interest rates, to act as a rudder for trying to maintain a healthy economy that is so huge and complex is insane!!!!!!!!
Your tips help me improve my trading strategy. Thank you very much for your time and effort!
went down with in the margin of error
Wow, great insight on the potential supply risk of lower interest rates.Interest rate cuts coming soon means the prices will continue. What's best advise for someone who's trying to deep in $300k in the current state of the market ?
Investing appropriately today can save you a whole lot of stress in the near future, so anyone who is not investing now is missing a great Opportunity
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 CFA, 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
@@dogmom-pt5we Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 75% capital growth this year, excluding dividends.
@@purplebliss6875 Wonderful!!! I've recently sold property and aim to invest proceeds in stocks, I'm seeking guidance. How can I reach them?
MELISSA MARIE COLBY is a standout coach, gaining popularity daily for her effective strategies and extensive financial market experience, making her an invaluable guide I can't afford to lose.
This one's not so straightforward. The economy's clearly in contraction, yet historically when does the Fed raise or cut directly ahead of an election?
Central banks in Canada, England, etc. have already cut rates. Cracks in the economy due to these elevated rates have begun to show. The fed should just do its job. Regardless of the politics, which is its mandate anyway.
"The economy's clearly in contraction", yeah no. And why can't fed raise or cut ahead of election? because it will not help the candidate you are supporting? lol give me a break.
@@incipidsigninsetup england has held rates, ECB is the one who have cut rates. when the fed cuts it will be by 500 basis points and then its the end of the dollar.
@@yyan6501 The FED director serves at the discretion of the Current Administration.
You are not supposed to change Horses in Mid Stream...........Right?
@@danielhutchinson6604 You are supposed to change whenever changes are needed. And now is the time when a cut is needed, especially because data is lagging behind. Data already shows labor market is cooling, and inflation is going in the right direction. Remember, the FED bears immense responsibility for not acting soon enough at the start of inflation when they called it "transitory". And for your information, the FED does not serve at the discretion of the current administration. It is a completely independent agency that independently implements monetary policies in accordance with the economic circumstances.
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Please save our students
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The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
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 Veronica Hoy.
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 Veronica Hoy 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
Well, well, it seems a system error decided to send the transaction to an invalid email!
I moved from Tampa to Santa Clara a few months ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.
it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.
well you could put a downpayment on a home and as well diversify as much as you can into Ai, energy and big pharm. stocks like Pfizer and JnJ, ASML, MLM and S&P 500 ETFs. I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year
@@veronaconley1953 I’m an art collector, this is not very new to me but has a nuance to it. Can you assist me?
There are many advisors to choose from. But I work with *Layan Talia Chokr*and we've been working together for years and she's fantastic. You could check her if she meets your requirements. Just research the name. You’d find necessary details to work with
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
There was already a recession.
.01 decrease is nothing smh they always over celebrate minimal drops and only wish for the market to go up
System error: delivery to an invalid email confirmed!
lol is this guy for real? we went thru a normal economy during covid wtf are these people smoking?
MAYBE December.
Sara vs becky who is hotter?
Sarah
Sara no doubt, becky is 20 years too late to that party, she is an old maid.
Don't know who Becky is, but I'm gonna vote for her
@@chrischoir3594 Becky is not slouch mate !! She was even hotter back in the days, Sara is chubbish !!
What's a quarter point drop going to do? Time to aggressively short stocks.
looooool
You go ahead. We will watch.😂
I would love to have CZcams stop recommending this stuff. I ONLY want to see NON major news outlets. Show me what I want. Why all this TV nonsense. Guy says “people are not traveling, they are going to ball games and buying hotdogs” respectfully bruh. Cmon😅😊
wow .1% lol is this a joke? wtf
Cheating, you can't play cheat
They are already late. I promise you. Talk to real people.
Real people (62% of Americans) have had their house go up in value.
Real people (60%) have seen their stocks and retirement go up in value and dividends increase.
Real people (49%) have no credit card debt.
Real people have had their wages outpace inflation for the last 14 months straight.
The people you must be referring to are the 38% who always struggle and can't be taught how to overcome their own ways.
@@snwbm no I'm talking about the people that can't buy any house (whats median income required to buy median house), the homeowners who are stuck, builders, developers, etc. The construction industry is frozen. As I said, the fed is late. Very late.
IT WILL BE LATE BY SEPTEMBER. DO IT IN JULY.
If we see a major rate cut right now the housing market is gonna go bananas lol
Gold stocks going up….look for Q2 blockbuster earnings with high gold prices…gold stocks will skyrocket and not to mention interest rates coming down further fueling prices!! Just my take on my portfolio.
Gold production prices are far far far below gold spot. There is lots of room to fall when that bubble bursts again.
Gogule, aveți, nr, multe, grile, hayyy👁️😏🤔
The FOMC would appear to be politically supporting the incumbent party if they cut rates this close to the elections. They have missed their window to cut without appear to be partisans. This would all be ensure that their career prospect would be at risk if/when Trump is sworn in. Thus, the odds are that these career focused people will do nothing.
Stick to the mega caps and stay away from worthless value stocks.
Yes and no. They do not raise or cut prior to elections.
I agree with your argument, but I think Powell understands that if cutting in September is necessary, they will. A single .25bps doesn’t do anything for the economy, but for the stock market probably. The world economy is weak, that in conjunction with the acceleration of weakness in the U.S. is a bit ominous.
They are hoping to Hand Trump the Keys to the Economic Depression,
if they can just delay for a while....
Barry Levinson explained it in Wag the Dog.
No mention about getting us more workers are fixing the supply chain the empty shelves is still nuts at this point no matter where you shop not enough fights during the day not enough police no one reel safe and enough banks and why no raise FDIC ins which is faster then open more banks and easier for seniors
The Banks appear to be unable to get more cash.
The FED can not print while Treasury is unable to back them with T-Note sales.
The ability to manipulate the numbers is really making Yellen and Powell appear stressed out.....
They seem to have difficulty telling the Public things they know are not true.
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The Fed is already late!
Higher for longer. This economy is a facade of Government jobs and money. Cutting rates only helps Wall Street.
That's the name of the game.
Ahh, not at all. Private employment is far larger. Unless you include teachers, police and firefighters. Cutting rates helps everyone, unfortunately the wealthiest the most.
@@kurtphilly is that so? Explain a .25 BP effect on mortgages, negligible. Food prices? Nothing. It’s going to take cuts in government spending and business growth for wages to catch up. This rate cut is hype.
@@siriusfun I know. Stock holders and investors eat at the trough first. But still.
@@kurtphilly Goverment jobs and leisure/hospitality do not make a strong economy. Yet, I still invest in the market too. So, got to make it where you can make it.
Higher EV sales happening 2024 heading towards 17 million vehicles. Rivian up 50 % month... FSRNQ... Fisker. Bankruptcy reorganization. Lucid up 5 % today. Joby Evtol Jets up 15 % today. Idex.. Ideanomics dip today, more.
Im riding with Joe Biden.
😂
Stock market already priced in. The guest is right normal economy is best in favour of every body if only few handfull of people become.rich and the normal tax payer citizen will be under the burden
Trump/Crypto 2024
2026