Inflation may force the Fed to do not one, but two more hikes after July, says Roger Ferguson
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- čas přidán 27. 08. 2024
- Roger Ferguson, former Federal Reserve vice chairman, joins 'Squawk Box' to discuss the Fed's rate hike campaign, whether more hikes should be expected following the July meeting, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?
You are accurate, of course! Economic downturns provide a wide range of opportunities for common people to build riches from scratch. However, if you want a more forceful return, you might need to seek advice from an investment advisor.
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to outperform. Netted over $800k in return on investment, since using a coach for about a year.
@@mikeroper353 Would you be willing to suggest a trusted advisor you've worked with?
Renowned for her proficiency and expertise in the financial market, “Colleen Rose Mccaffery” my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
thanks for sharing this, I googled the lady you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply
A deteriorating dollar can herald an economic slump, prompting me to consider the best strategies to hedge against inflation. I've overheard people claim that inflation is a money-eater, so I'm concerned about my $200k savings.
The market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
The impact of the rise or fall of the US dollar on investments, in my opinion, is multifaceted, but knowing how to grow your money has never been easier than now that you may explore and experience a fully broad marketplace passively by using a well-performing portfolio CFA
Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over a year and I've netted over 400k.
@@ChadRoberts-x6i I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?
@@AdamGreene222 It would be a very innovative suggestion to look out for Financial Advisors like “Susan Bauer Normansell” who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be very important to weather the storm.
News Alert! Inflation hasn't just started to affect us. People have been suffering greatly from inflation for almost a century, but notably after 1971. During the industrial revolution, prices of products and services were auctioned down to the point that consumers could literally buy them for as little as a penny thanks to a free market and sound money. All of the problems we have today are a result of government meddling.
The effects of the U.S. dollar's increase or fall on investments, in my opinion, are complex, but it has never been simpler to learn how to grow your money than it is right now, when you can study and experience a fully varied market passively by using a successful portfolio-advisor.
I think it's great to use a portfolio advisor when investing. Before I met with a certified portfolio advisor during the pandemic crash in March 2020, I had recently started having terrible dreams. Finally, with the help of my advisor, I was able to increase my initial investment of $400k to over $2.8 million dollars.
@@danieljackson87 Where may one locate a wise FA? Even while I like the idea of using their services, it's unfortunate that recent stock market catastrophes have started to happen more frequently.
@@andrewlogan7737 You can readily find Julie Anne Hoover online; she is the investment advisor that oversees my accounts.
With our government bills are we suppose to trade with sea shells and gold?
“There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year,” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets in Toronto. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months
Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.
@@selenajack2036 Yes, I have been in touch with a CFP ever since the outbreak. Today, investing in hot stocks is quite easy; the difficult part is deciding when to buy and sell. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@@chrisbluebird5037 That's fascinating. How can I contact your coach as my portfolio is dwindling?
@@kaylawood9053 My adviser is “Heather Lee Larioni.” You can easily look her up. She has years of financial market experience and she is also FINRA & SEC verifiable.
@@chrisbluebird5037 Thank you for this amazing tip. Verified her, wrote her and scheduled a Phone call. She seems Proficient.
I bought a pack of cigarettes for a friend and was shocked at the $10 price . Talk about rip off. Nothing can escape the inflation tax.
Seems to be really market dependent. John Deere did 4 price hikes over 2022, but now my dealer is struggling to move product and their lot is full of tractors, mowers, UTVs, and construction equipment. I anticipate it is the same in other durable goods. But I don’t see these companies calling uncle until they post bad quarters.
Is Roger Ferguson the only guest you have on the list to talk about the Fed?
Anybody else see the 3% CPI in the last print ? That’s only .1% from the FED desired range. What is the goal than ? Tame inflation, or to go too far again and break more things ?
Not only is it not .1 from target, itbis the trough in inflation..base effects will cause cpi to start drifting higher
they will let headline go negative. seriously. they want core to 2%. they won’t be scared of a recession if it happens. it’s the goal.
if you read the components inside the CPI, you'd realize that energy was deflating and subtracting from the CPI by like 1% over the last year. Unless if you expect energy prices to continue deflating forever and going to 0, CPI is actually at least 4%, not 3%.
Housing is much to high! Needs to correct. You can’t have the median price go up 40% in a couple years
from 9% last june to 3% this june. seems like the cuts have worked just fine, i dont think they are going to hike tomorrow. i think they are going to keep them where they are at.
Have ever these guys being right? I always wonder how do they have their jobs?
Have you ever been right?
@@curtisw0234 yes how about you?
Are you one of those people who demands that weather people get fired if they make an incorrect prediction?
@@ByGriPhone if they are always wrong and that is their job
Their job is not to be right. Their job is inform and entertain. If they were right, they wouldn't work for CNBC.
These people contradict each other it depends on your perception 😅
I been following people on cnbc Roger have been indeed one of the most accurate predicting fed movements and great info on how the economics
Welcome to BIDENFLATION
Welcome to Brandon's BORDER CRISIS
Let's go BRANDON and FJB
he calls it bInDeNoMiCS
Inflation is at 2.97% there is no need to raise interest rates. Let it work thru the system.
Yes you said cut
Dont invite this guy anymore! Jeeze
There will be no recession either.
I hope the 10 yr surges to 4.5% then really breaks the back of housing.
It would help if new construction wasn't all million-dollar homes. People would gladly eat the higher rate mortgage if they could get a lower-priced house.
How much of inflation is to pay for war and $1T yearly national debt payments?
raising rates by 25 bps is insane, make more like china with their reasonable 1.9 repo. This will only starve people, and put them out of their homes, as well as speed up the corporate debt bubble and hasten more layoffs. The inflation is mostly cost from geopolitics and profit capture, as well as wage value not keeping up with labor productivity. just because we have a lower unemployment rate, does not mean those jobs are good jobs.
Base effects are about to disappear. You can expect a short-term bottom in the next couple of months, and then inflation reaccelerates to the upside. Most institutions are calling for 4-5% headline CPI by end of this year. Two more quarter point hikes this year seems in the bag. I think they will be well into the 6% range by end of Q1 2024. The only thing that can change this will be a financial crisis or the labor market collapsing. Companies will not stop raising prices until one or both of those happen.
Two cups of coffee ;)
I get this subliminal feeling that Joe Market is comfortable equating employment with inflation. I know it does under some conditions, but correlation does not imply causation.
Melt up first, then Bust. See ya.
Inflation is the reason why the USD is not a good trading currency especially for surplus countries. The accumulation USD and USD financial assets is hard to manage subject to boom bust credit cycles. The world needs to trade in a gold backed currency as the BRICS are working on. I hope that'll appear soon even though individual are not going to touch it. It's really tokens for central banks.
Fed got inflation down to 3% during early 70's. But it rose. Twice throughout the decade. Dollar going to see massive declines in value as we print more money. Which U.S. actually desires. Many view the high dollar value as a burden. And they will get their wish. Along with the consequences.
The time you're referring to was from 6% down to 3%. We're down from 9% to 3%, relativity should be applied in terms of inflation and rates. This time is different 😉
We are in 2023 now. In 1973 I used to write with a mecanichal machine too. Things changes
@@facundobuzali5342truth is they want a weak dollar to pay with that the debet until world stops lending to the U.S. a harakuri then CBGC.
Theres is still too much pain ahead...
Good luck.
start buying caves! as many as you can get your hands on. you can thank me later!
Buy cow dung. The price is going to the moon.
Keep it high till 2025
yeah maybe
Inflation, again ? WTF the rich mansions are starting to look realy good !!!