Looming Recession
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- čas přidán 21. 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...
A brilliant analyst interviewed by a brilliant interviewer. Excellent on both your parts.
Peter Lynch “more $$ has been lost by investors anticipating a recession than in a recession itself”
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.
Lots of useful information in this vlog
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.
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Thank you for the enlightening market information! Amazingly insightful!
Now that’s what you call: “Hitting the road at a pace”
Impressive woman.
Wonderful program. Thank you!
Inflation peaking out and the corporate earnings rebound since 2 years ago .The market looks robust
Great discussion as always, thanks.
excellent interview
Thanks!
Great wealth of information. Thank you both!
Excellent interview! I really enjoyed the knowledge and expertise of your guest.
Concise and direct analysis
Great interview. Nancy said a lot to get my attention.
Best Financial Show on TV or Internet
One of the shows worth watching.. Real World advice..
Excellent incite, Nancy!
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..
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.
Nearly all economists are clowns that speak in hindsight 20/20 bias. They never predict anything right but toot their horn after the fact
Thank you, Consuelo
I feel like she’s my aunt.
Best investment video in youtube
Very useful information that will be useful in life.
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 .
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.
are they this high
which companies have had horrible earnings?
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.
Because a company beats a very low bar doesn’t mean earnings are good!
Great narrative based on current data
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.
Japan will bring in the sex robots and start a revolution
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.
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.
I am in the construction business building warehouses nationwide and our sector is clearly in recession.
Are you joking!!
@@tonymanos363 Tell that to the numbers, I guess.
@@bdek68 About what? unemployment low, haven't had slow down everyone predicted. Not sure what you mean about joking.
@@onlywenilaugh6589if I need to tell you how bad the economy is than you are drinking the kool aid! No need, best of luck
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.
She like so many on Wall Street are clamoring for the low zero bound rates,
QE and money printing.
I love Nancy! Big fan and still cute after al these years!
Nancy Lazar needs to replace Yellen. She really seems to know her stuff along WITH the ability to elaborate her stance. Props
Hyperinflation will destroy value of cash.
Too late
@@firstlast8258 Clown!
@dassa0069 yes you are
Gold is the only money you can trust.
How long can a person survive eating gold?
You don't eat it. 😅. Personally I wouldn't eat dollars either.
@@lowtech_1 you pay enough and they'll add it to you ice cream in New York.
@@ColdPotato Gold is the only asset that is not simultaneously someone else's liability. A word to the wise is sufficient.
She has predicted six of the last two recessions
What’s her name?
🙂
Which ones?
You seem like a bag holder😂
@@bdek68 when I need to be.
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.
Two wings of the same dying bird 🤓 🖕
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
This women is clueless and doesn't know the exact same thing happened in the 1980s.
Too late for most 🤓 🖕