Hey Investors: Stocks Fall When The Fed Starts Cutting Rates, Says History | Danielle Park
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- čas přidán 19. 06. 2024
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When today's guest appeared for the first time on this channel a few months ago, a start was born.
Those who hadn't yet heard of Danielle Park were impressed by both her command of the macro data and her unflinching courage to call things as she sees them.
She highlighted a number of concerns about the trajectory of the economy and markets back then -- and today we check back in with her to see whether things have improved...or gotten worse?
Well, Danielle thinks they're "worse".
Stress cracks in the economy are now much more clearly visible.
And the markets? While they're currently being driven to new highs by "madness" (see: Gamestop), investors hoping for rate cuts may indeed get them. But history shows that stocks fall, often hard, during rate cut regimes.
So investors better be careful what they wish for. And they'd better be prepared. Too many are too long and too confident right now.
To hear how she's positioning client capital right now, watch this video.
Follow Danielle on X/Twitter at @kdaniellepark, on her daily blog at jugglingdynamite.com/, or at her website at www.venablepark.com/
#debt #recession #interestrates
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Adam, I am not receiving e-mail notices in advance of your presentations. Elliot
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 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
Such uncertainty is the reason I don't base my conviction on rumors or a ''hearsay'' I have my day-to-day investing decisions being guided by an invt-advisor, seeing that their skillset is built around long and short term, both employing profit-oriented strategies and providing hedge against inevitable downtrends, coupled with exclusive analysis, it's near-impossible to not outperform. I've realized over $600k from $235k capital, since late 2019 just before the pandemic to date.
Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain
Cant tell much. the decision on when to pick an advisor is a very personal one. I take guidance from ‘Monica Mary Strigle’ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Monica.
Adam said “lag effect”….drink up 🥃
I'm still drunk from his last video.
LOL.🍺
Incredible guest she is a breath of fresh air! She is spot on with so many of her views and thoughts. Very smart and well spoken. Thank you Adam.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incorporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Yes just buy Gold and protect your assets, the stock market is a rollercoaster.
Invest in real estate, ETFs and high-yield savings account.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
Impressive can you share more info?
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 Camille Anne Hector for about five years now, and her performance has been consistently impressive. She is quite known in her field, look-her up.
This lady is really wise AND honest!
She is right you know
no debt = freedom
Unless you're the US government, which is the main problem. If their debt gets too big, the US dollar drops... which reduces their debt. It's a perverse incentive and the only reason that anyone takes MMT seriously.
I've followed her for years and appreciate what she has to say. Thank you for bringing her on again.
Ms. Park has quickly become one of my favorites, if not my favorite, guests.
sounds like a personal problem
She’s the best. I spoke with her years ago and thought she was one of the only sane analysts out there.
Thank you both. I really enjoyed Danielle🎉 She's spot on.
Best greatest guest speaker here. Go girl Danielle Park! Invite her back on a regular basis please!!
Yeah after hearing her speak I bought her book juggling dynamite. Solid read, very succinct in her arguments and logic.
Another fantastic interview, this time with "thoughtful" Danielle Park. Thank you, Adam, for having such a well-versed and intelligent financial expert on your show - I really enjoyed & got a lot out of the show.
Danielle puts out signal vs the MSM noise. Very good addition to your Rolodex. Smart, plain speaking real person. She’s a keeper! Her take on gambling and being debt free first is dead on right! Old school stuff that has been ignored.
Great interview again Adam. Danielle spot on about the focus on short term thinking only. And you about the dumbing down.
Too much information is not always good. Put me in the ‘I know ,that I don’t know’ camp. The wisdom of Socrates still applies.
It’s ALL gambling now !
One of the best investing videos I've seen in months! Adam always has good, helpful videos, but this one is truly outstanding, especially as regards all the relevant subjects she covers in such an objective manner. And I love her honesty on the 'salesmanship' that drives Wall Street. They make their money on transactions whether markets are going up or down. "Where are the customers' yachts?" Viewers should watch this one, repeatedly, as things unfold and pass along to friends.
Danielle is very smart and she does not waste words. Very easy to watch the video also.
She is awesome!
Really enjoyed her again!!!
Appreciate Danielle's incite. It is difficult to mainatin a steady bearing in this world of financial distortion but those who do need to be commended.
I follow her : Smart move having her on. There is no coming back from this " self inflicted wound". Civilizations come and go.
Valuations don’t matter. Stocks only go up.
They go up... until they don't.
😅
She is fabulous.
Ontarian Canadian here…our political candidates are dismally underwhelming. I worry that the Canadian electorate won’t vote as either candidate will likely be equally inept. I never thought I’d say this but…. I miss Harper!
It's different this time. Cutting rates into an existing environment of massive election year deficit spending will super charge asset price inflation.
Lmao smooth brains always learn the hard way
Yep, markets with real estate will rocket
Awesome! Thanks for exposing me to a fellow Canadian. I'll be on the lookout for more discussions with Danielle.
Excellent guest and interview. Thank you, Adam.
Adam Taggart, I love you. You and Danielle Park are both obviously intelligent and kind and funny and responsible and just plain good old-fashioned good human beings. I love listening to you and you are providing such a kind service to all of us who are trying to make sense (cents?) out of our economic/financial reality. Company shares are actually worth something. This isn't a fantasy game and when the overwhelming majority of people appear (maybe not really, but appear) to treat it like a game, disaster is certain. Our planet is not unlimited, not the water, not the air, not the lithium or the gold or the silver. We must be stewards of this earth and not plunderers. I love you, Adam. I am going to walk up to you and hug you someday, most likely in a future realm, but perhaps I will be so fortunate to run into you while still in this one. Much success to you in every way!
Our planet is not limitless.. that should be an obvious fact. But the current capitalistic economic system is predicated on false assumptions of limitless resources and constant growth.
Very insightful presentation. Thank you,
Know when to hold em know when to fold em. All the best.
Adam, you have done a tremendous job on helping educate me. My daughter, son-in-law and granddaughters. By bringing on such experts, we listen, learn and when appropriate act on the information given. May Hashem continue to bless you and your family
You should also add Money for the Rest of Us. That guy is really good as well.
This is what happens when we let our government put a fricking bank in charge of the money printers. Also what is going to happen if most employees are replaced by machines with those employees not being able to purchase anything. Isn’t that going to destroy the incentive for the company’s that fired them to produce anything because no one has a job to buy their products?
Awesome guest. Already one of my faves.
Great guest.
Thanks, Adam.
Very thoughtful comments she made on investing vs gambling. Fantastic.
I sure agree with her when she says we have terrible choices on both sides.
RFK as an alternative?
Wow…sensational discussion. Thanks to all!
Dear Mr. Taggart, thank you for a wonderful platform - I really appreciate you and your guest. Danielle Park was an informative and great guest, A++. I am currently preparing for a RIF in Healthcare Finance; I have started searching for new employment and are shocked at the number of positions wanting experience in training Artificial Intelligence (AI).
Would it be possible for you to get an AI expert to explain the “Great Disruption” and job losses to come for workers around the world with the implementation of Artificial Intelligence in the workplace?
Great idea. Good luck on your job search 🤞🏻
Thank you very much...
Just want to reiterate what others have already said here this is a great format that you have very informative and very thank you outstanding guest
Adam, it’s good to let your guests talk
Exactly. Was thinking the same thing. Loves the doom rant
Thanks Adam, great interview and love you bring more Canadian financial professionals to the show please.🙏
Another excellent interview with a superior guest. Adam is getting ever more comfortable with these interviews, and the quality of the information elicited is the result. The second guest was enjoyable as well. Two thumbs up!
Well done. This is an excellent interview.
Thanks for all the great work!
Fantastic interview! Danielle is very knowledgeable and has good advice for those looking to invest and not gamble in the markets.
🎉🎉excellent interview
Danielle is really a breath of fresh air and voice of reason. I lived through 2000 boom and bust and saw first hand the crazy DOTCOM everything and this is EXACTLY what it reminds me of today with NVIDEA and other tech stocks to the moon! Wanting to retire at the end of THIS year, I am heavily into cash with some exposure to IBonds, precious medals and very a small allocation to equities. More than happy to protect my wealth and collect the 4-5% from those investments and simply wait for what I think might be a significant pull back or even crash in the coming months.
Brilliant interview Adam, from now on one of my favourite TM guest. Please, bring her back on show soon
Excellent
Great insights. Thanks
Danielle is fantastic!!
Great analysis, great to see a realist ... I'm watching this on Friday 5/17 ... end of day Gold is up $34.50 (old man gold is talking) ... been doing this for awhile, worked with Volcker in the early 80's .... I withdrew from the FOMO month ago ... went to cash @ 5% plus, short the QQQ etfs ... bought gold and silver ...
Best guest you have had on the show.
I watch hours of economists daily. This is one of the MOST complete interviews I have ever seen. Adam, you are correct to worry about this social time bomb. Husband works in AI. If people knew what was coming, and at a VERY fast pace, you would be preparing in a big way! The government will have a hard time controlling the masses that are suddenly unemployed
Outstanding conversation.It's really sad what is in store for so many unwitting people. It's going to be a grim time for us all.
Terrific guest. But best job I have seen you do as host. The topic obviously resonated with you. Great job.
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
G’Day Mate
🐊
Excellent reality interview that the greedy people won’t accept ❤
This is refreshing... It might be confirmation bias, but it is nice to hear an expert confirm a shared perception of reality.
Great guest!
Danielle is so sharp. Thanks.
People keep forgetting that cuts arent bullish
Keep believing that.
@@HubertGeorge make sure you hodl if you believe that.
@@HubertGeorge Yeah, exactly. Why look at historical trends when we can just rely on someone some idiot online told us!
Chapter 18, Stocks for the Long Run Sixth Edition.
Thank you.:)
Thanks Adam! Great show!
Great guest, 👏👏👏.
Thanks!
Thank you very much!!
She is an excellent guest. Her perspective is very well grounded and articulate in her manner of communication.
Listening to this podcast as Dow Jones hits 40,000 for the first time and the madness continues….
What a marvelous guest. So refreshing!
Bring Danielle back !
Danielle is such a beautiful woman! She's very smart and articulate too. Makes me want to move to Canada. 💗
The way to keep people, happy and productive is the give back to society. people that collect unemployment at home eating bonbons. They should be out there giving back giving back to society helping to make this world a better place. No one should be collecting unemployment check, unless you put at least 20 hours of community service.
She reminds me of Merideth Whitney. She used to give interviews on TV, but was cut off due to her warnings of the great municipal debt which was hidden. How about asking her on your show?
Well done Adam. This is my first exposure to Danielle Park, and she is impressive. I love how horrified she is regarding the American love of Debt. I share her concerns there. There is one thing, a small bit was clipped at the 45:58 mark when she was talking about the quick onset of the transition. In any event she is a winner. She joins Stephanie Pomboy and Danielle DiMartino in the President’s Club.
"Debt Service Costs" I like that term.
I agree with Danielle. Valuations are way too high for my liking. Investment industry talking heads (salespeople) would have us believe we are at the start of a great bull market. From current valuations, this would be something that has never happened before. She's right about dividend stocks. When panic sets in, the good gets dumped with the bad.
Excellent! Ms. Park knows her business that is for sure.
#TeamLagEffect. T-Shirt idea for this channel.
Let's go!.
Talks a lot of sense
I'm bullish - the Plugs protection team
will keep markets up till the election.
Its more likely the huge buybacks that lift the market so insiders can get out
Wow she’s incredibly knowledgeable 😍
"We've never been dumber." Truer words seldom spoken.
I don't agree. I think the younger generation have greater access to knowledge. My son for example knows a lot more geography than my generation did thanks to the availability of electronic maps. The same goes with science and math. When it comes to math, they can learn from different sources that weren't available to us. They may be lacking in writing but I think way ahead of older generations.
Learning stuff is not the same as building critical thinking skills though@@edbd4613
You should share how your personal money is actually invested. You can even do it with just percentages.
Indeed. Late 25 or first quarter 26.
Awesome guest; unfortunately, she’s right and being right never felt so bad.
Adam, I’ve listened to you on and off for years. You’ve had a number of wise, thoughtful guests. This young lady has to be my favorite so far. I am 67 years old and wish I’d had a 10th of her financial wisdom at her age. She doesn’t talk in fancy business language, she articulates exactly what is going on currently in the economy and the markets, and has a ridiculous amount of common sense that most people are missing.
Thank you Adam. I guess I missed Dannielle when you had her on in the past. Wonderful guest!
Hail John!.
Danielle is great, thank you for bringing her onto the channel Adam!
Adam, we’re too smart. We’re too early. Come on lag effect.
Consumers “pulling back” indicates “receding”, the verb form of a recession. If AI replaces human jobs, what human consumer will be left, to buy? 🤔
Today the investment of choice is barrel head cash. 😊
Adam, when are you going to have a recommended financial advisory firm in the UK to serve us Brits?
Initially. Look harder. Rates cuts ALWAYS result in a bull market within 7 months.
@adam, can you please go over simplevisor with Lance this weekend? Just a quick update would be great.
The biggest issue with immigration is that race, IQ, and culture matter. Few to none governments are selective about who they let into the country. The historical fact will always be that White Europeans did the most for humanity in terms of technology and intellectual thought. Everyone else piggy backed off of that and either adopted some of that mindset or continued to be third world in mentality.
I would've loved to hear about how Danielle is positioning
A great interview with a very well-grounded person. I'd like to say something I always think should be said. That is: the philosophy that drives our population does not get accepted by simply breathing the air or reading the news. It comes from being educated. It comes from our school system. If we don't address this essential problem, we are sure to experience great pain. This mess will collapse because it is so self destructive. Great pain will be assured.
She really is great. I’ve been watching her for years and she is bang on. The only issue I have and not pinning this on her: unfortunately, doing the opposite as what she says was the “right” thing to do from a financial perspective. We should have loaded up on debt and gambled and got ahead. However, in the long term fundamentals always matter and I do think this will come crashing down.