Looming Recession

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  • čas přidán 9. 06. 2024
  • Leading Wall Street economist Nancy Lazar says 19 states are already in recession as consumer debt levels rise and confidence declines.
    WEALTHTRACK episode 2047 originally broadcast on May 18, 2024
    More info: wealthtrack.com/with-consumer...

Komentáře • 73

  • @michaelswami
    @michaelswami Před 22 dny +36

    A brilliant analyst interviewed by a brilliant interviewer. Excellent on both your parts.

  • @phillips3007
    @phillips3007 Před 18 dny +4

    Peter Lynch “more $$ has been lost by investors anticipating a recession than in a recession itself”

  • @jpsmith9452
    @jpsmith9452 Před 22 dny +4

    I need to start following Ms Lazar. Her analysis seemed brilliant. And her knowledge encyclopedic. And of course Ms. Mack is the gold standard as always.

  • @jjohnson5014
    @jjohnson5014 Před 22 dny +13

    Lots of useful information in this vlog

  • @johnbirman5840
    @johnbirman5840 Před 13 dny +1

    Now that’s what you call: “Hitting the road at a pace”
    Impressive woman.

  • @chessdad182
    @chessdad182 Před 22 dny +3

    The population does seem divided into the have and have-nots. A recession is inevitable. But I'm trying to keep things going with all my home repair projects.

  • @goodbooks5134
    @goodbooks5134 Před 22 dny +1

    Thank you for the enlightening market information! Amazingly insightful!

  • @jaymcconnell3840
    @jaymcconnell3840 Před 22 dny

    Wonderful program. Thank you!

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics Před 22 dny +3

    Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

  • @thach0x0
    @thach0x0 Před 20 dny +2

    Inflation peaking out and the corporate earnings rebound since 2 years ago .The market looks robust

  • @cashflowyield
    @cashflowyield Před 22 dny

    Great discussion as always, thanks.

  • @gabriellelee7119
    @gabriellelee7119 Před 15 dny

    Great wealth of information. Thank you both!

  • @TrueMarketLeader
    @TrueMarketLeader Před 22 dny +1

    excellent interview

  • @billdaker1120
    @billdaker1120 Před 9 dny

    Excellent incite, Nancy!

  • @kevinbarrett3706
    @kevinbarrett3706 Před 21 dnem +1

    Best Financial Show on TV or Internet

  • @bkfabs
    @bkfabs Před 22 dny

    Excellent interview! I really enjoyed the knowledge and expertise of your guest.

  • @jaymcconnell3840
    @jaymcconnell3840 Před 22 dny

    Thanks!

  • @barryholiday8998
    @barryholiday8998 Před 22 dny +13

    Thank you, Consuelo

  • @mooseandsquirrel6267
    @mooseandsquirrel6267 Před 21 dnem +4

    July 6, 2021 - "Economist Nancy Lazar Says Current Inflation Is Transitory". She also predicted a recession in the second half of 2022. What a clown.

    • @765lbsquat
      @765lbsquat Před 19 dny

      Nearly all economists are clowns that speak in hindsight 20/20 bias. They never predict anything right but toot their horn after the fact

  • @robertbender73
    @robertbender73 Před 21 dnem

    Concise and direct analysis

  • @lawrencefeldman462
    @lawrencefeldman462 Před 21 dnem

    Great interview. Nancy said a lot to get my attention.

  • @thomasotoole3212
    @thomasotoole3212 Před 20 dny

    One of the shows worth watching.. Real World advice..

  • @anepartners9603
    @anepartners9603 Před 21 dnem

    Great video and thank you Consuelo.
    Question?
    Good morning,
    If most money managers cannot beat the market, why should we as individuals be in the market if we are not better than the professionals..

  • @laoxutouzi
    @laoxutouzi Před 20 dny

    Best investment video in youtube

  • @ZoyaSharova
    @ZoyaSharova Před 20 dny

    Very useful information that will be useful in life.

  • @scottprice4813
    @scottprice4813 Před 22 dny +2

    With the new highs and quite extended markets any way you want to measure it I’ve been selling everything that isn’t nailed down . I don’t need the last ten percent and neither do the Walton , Gates and Buffet families it appears .

    • @ohthatpaul
      @ohthatpaul Před 21 dnem

      Selling does guarantee you will miss any future downturn but it also prevents you from participating in any upward movement. I think trying to time when the market is overpriced is really hard to do. It's easier and usually more profitable to just buy and hold. As long as you have a diversified set of stocks or stock index funds or ETFs you will do fine. Unfortunately, the only time it's clear that there's a downtown is after it's happened and that's when it's the worst time to sell. Instead, just ride the ups and downs with the rest of us. Over time, you will probably do better than by changing course with your perceptions. Ms. Lazar is probably right about the Fed policy -- I guess to kill inflation we need to bring the hammer down by putting interest rates further up and if we don't, inflation will keep eroding away assets -- but I don't think anything beats buy and hold a large group of diversified stocks over a long time.

  • @PH-dm8ew
    @PH-dm8ew Před 22 dny +4

    which companies have had horrible earnings?

    • @samash1704
      @samash1704 Před 22 dny

      Earnings Season Beat Rate: 64% - Beats: 1697 Misses: 968
      Take-Two Interactive Software, for example, had a consensus EPS of 9 cents, but their actual was negative 17 dollars.

    • @bdek68
      @bdek68 Před 21 dnem +1

      Because a company beats a very low bar doesn’t mean earnings are good!

  • @MangoFlamingo
    @MangoFlamingo Před 22 dny

    are they this high

  • @mvexler
    @mvexler Před 21 dnem

    Great narrative based on current data

  • @ydifrancia
    @ydifrancia Před 22 dny +1

    I wonder what makes her think Japan's economy is solid. Their latest (2024 Q1) GDP is down 2% and consumer spending has been down for the past four quarters.

    • @765lbsquat
      @765lbsquat Před 19 dny

      Japan will bring in the sex robots and start a revolution

    • @ThePurpleSnork
      @ThePurpleSnork Před 19 dny

      I think any signs of life whatsoever out of Japan has people excited. Everyone would love to have a country like Japan (strong US ally, business friendly, innovative, etc.) doing well as an alternative to the USA market.

  • @lulubelle551
    @lulubelle551 Před 22 dny +1

    She like so many on Wall Street are clamoring for the low zero bound rates,
    QE and money printing.

  • @onlywenilaugh6589
    @onlywenilaugh6589 Před 22 dny +3

    CZcams doom and gloomers have been preaching recession recession for over 2 years now. i know there is lag but none of this even come close so far.

    • @tonymanos363
      @tonymanos363 Před 21 dnem +1

      I am in the construction business building warehouses nationwide and our sector is clearly in recession.

    • @bdek68
      @bdek68 Před 21 dnem

      Are you joking!!

    • @onlywenilaugh6589
      @onlywenilaugh6589 Před 21 dnem

      @@tonymanos363 Tell that to the numbers, I guess.

    • @onlywenilaugh6589
      @onlywenilaugh6589 Před 21 dnem

      @@bdek68 About what? unemployment low, haven't had slow down everyone predicted. Not sure what you mean about joking.

    • @bdek68
      @bdek68 Před 21 dnem

      @@onlywenilaugh6589if I need to tell you how bad the economy is than you are drinking the kool aid! No need, best of luck

  • @clifftanch
    @clifftanch Před 22 dny

    Have respect for Nancy Lazar. At ISI, she held up work standards for financial market economists that were admirable, but I find it hard to square some of her assertions here with other evidence on the macroeconomy: Principally, credit spreads are so tight it is hard to see a Recession looming. Her characterization of bank lending standards tightening seems at variance with SLOOS. I strongly disagree with the remarks on consumer debt, where debt service as a percentage of disposable income is below where it was pre-Covid. I do agree with NFIB, which to me is a sign Biden is going to lose.

  • @ralphsaldivar3398
    @ralphsaldivar3398 Před 22 dny +8

    Nancy Lazar needs to replace Yellen. She really seems to know her stuff along WITH the ability to elaborate her stance. Props

  • @user-py7wp6nw9h
    @user-py7wp6nw9h Před 21 dnem

    I love Nancy! Big fan and still cute after al these years!

  • @dassa0069
    @dassa0069 Před 21 dnem

    Hyperinflation will destroy value of cash.

  • @davidduffy2046
    @davidduffy2046 Před 22 dny +4

    She has predicted six of the last two recessions

  • @dassa0069
    @dassa0069 Před 20 dny +1

    Gold is the only money you can trust.

    • @ColdPotato
      @ColdPotato Před 18 dny

      How long can a person survive eating gold?

    • @lowtech_1
      @lowtech_1 Před 15 dny +1

      You don't eat it. 😅. Personally I wouldn't eat dollars either.

    • @ColdPotato
      @ColdPotato Před 15 dny

      @@lowtech_1 you pay enough and they'll add it to you ice cream in New York.

    • @dassa0069
      @dassa0069 Před 15 dny

      @@ColdPotato Gold is the only asset that is not simultaneously someone else's liability. A word to the wise is sufficient.

  • @BRuane-pw6xq
    @BRuane-pw6xq Před 21 dnem +2

    Sure any day now . Heard this for 2 years now.
    Every GOP President since Hoover has had a Recession ALL of THEM different weak excuse each time but ALWAYS a RECESSION ALWAYS. Vote GOP get a Recession.

    • @firstlast8258
      @firstlast8258 Před 20 dny

      Two wings of the same dying bird 🤓 🖕

  • @georgewilson7706
    @georgewilson7706 Před 20 dny

    This women is clueless and doesn't know the exact same thing happened in the 1980s.

  • @firstlast8258
    @firstlast8258 Před 20 dny

    Too late for most 🤓 🖕