A lot of Americans feel the economy is skewed to favor the wealthy, says Strategas' Jason Trennert

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 106

  • @gen-X-trader
    @gen-X-trader 5 днів тому +21

    Feel it's skewed? Lol They flat out voted for it. People voted to make life harder on the poor and easier on the rich, it is what it is. Will the American people

    • @Patrick-yh5yd
      @Patrick-yh5yd 5 днів тому

      Biden is the President for the rich. Open borderes mean 13 million renters. Free college helps the rich the most.

  • @Andreavince-v
    @Andreavince-v 5 днів тому +22

    It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.

    • @JohnNgomba-k3v
      @JohnNgomba-k3v 5 днів тому

      Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.

    • @KarenJ.Mancia
      @KarenJ.Mancia 5 днів тому

      I believe using an investing advisor isn’t a terrific idea. In the midst of the 2008 financial crisis, I was literally experiencing horrible dreams before I spoke with an advisor. In conclusion, I was able to increase my initial investment from $320k to almost $2.5 million in 2011 with the aid of my advisor, and I later bought my first investment property.

    • @StephanieG.Augustus
      @StephanieG.Augustus 5 днів тому

      I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

    • @KarenJ.Mancia
      @KarenJ.Mancia 5 днів тому

      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 Stacy Lynn Staples for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @CharlesT.Foster
      @CharlesT.Foster 5 днів тому

      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.

  • @muzehack
    @muzehack 4 дні тому +17

    Hmmm. The wealthy are favored, so lets all vote for the billionaire and his billionaire buddies and just get it over with...

    • @royprovins7037
      @royprovins7037 4 дні тому

      You mean like people who voted for the Kennedys and FDR

    • @blipblop92
      @blipblop92 4 дні тому

      I rather vote for a successful person who knows what he's doing than a dude that cannot make it out of his parents' basement

    • @kappatoflash
      @kappatoflash 3 дні тому

      ​@blipblop92 what a dumb takes! It's clear that most Americans have no idea what has been happening since Reagan became president. Smh

    • @blipblop92
      @blipblop92 3 дні тому

      @@kappatoflash yes you so smarter than most americans

    • @kappatoflash
      @kappatoflash 3 дні тому

      @@blipblop92 I am american too lol. Btw I was talking about your take, not insulting your intelligence.

  • @andrewmendoza9480
    @andrewmendoza9480 4 дні тому +6

    It is absolutely skewed. Billionaires have us pointing the finger at each other, immigrants and poor people just like last go around. Meanwhile the top 1% have more wealth than the entire lower 50%.

    • @GlobalCitizen_y2k
      @GlobalCitizen_y2k 4 дні тому

      If only more folks looked at rising prices & announcements re: record profits during/post COVID & then went hmmm 😑

  • @JJJ5.7
    @JJJ5.7 4 дні тому +7

    Definitely. If you dont own a home, stocks, and other appreciating assets you havent benefited from recent policies.

    • @blipblop92
      @blipblop92 4 дні тому +1

      They rather buy that cruise vacation and the Mercedes than putting in "stupid" stocks

  • @UkpeneJohn
    @UkpeneJohn 4 дні тому +15

    Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

    • @UkpeneEmma
      @UkpeneEmma 4 дні тому +1

      I'm 37 and have been looking for ways to be successful, please how??

    • @UkpeneJohn
      @UkpeneJohn 4 дні тому

      Sure, the investment-advisor that guides me is..

    • @UkpeneJohn
      @UkpeneJohn 4 дні тому +1

      Elizabeth stark

    • @henrymartin9168
      @henrymartin9168 4 дні тому

      Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark

    • @BnazerriKhiid
      @BnazerriKhiid 4 дні тому

      Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!

  • @bilo6832
    @bilo6832 4 дні тому +6

    It’s the golden rule: Whoever has the gold, makes the rules.

  • @martylikens6821
    @martylikens6821 5 днів тому +4

    The guest is doing his best to show empathy for the poor, but wealthy people have no idea what it's like. Someone saying they grew up poor doesn't count. They quickly--and gladly--forget that distant memory

  • @ronsunshine3469
    @ronsunshine3469 5 днів тому +9

    They voted for it. Give the people what they want. Can’t fix cognitive dissonance.

  • @surlyman7970
    @surlyman7970 3 дні тому +1

    So they just elected the wealthiest administration in history. Nice goin!

  • @TonyTrupp
    @TonyTrupp 5 днів тому +5

    The bottom 80% of the country now only owns 7% of the wealth, and that’s only becoming more extreme, where the political system is also becoming more skewed towards catering to the oligarchs.

  • @ronsmith2587
    @ronsmith2587 5 днів тому +1

    🤔 Why do they call it the economy, when it's so expensive?

  • @robertparsons313
    @robertparsons313 5 днів тому +8

    Life isn't fair. That doesn't mean we should trash our economy to make everybody equal.

    • @TonyTrupp
      @TonyTrupp 5 днів тому +5

      Almost no body is saying that we should make everyone equal (only extreme communists). But the bottom 80% of the country now only owns 7% of the wealth, and that’s only becoming more extreme. We could tweak some policies to make that concentration of wealth and power less extreme while still rewarding hard work.

    • @patrickm6012
      @patrickm6012 4 дні тому

      ⁠@@TonyTruppyou think “tweaking” a few policies would help with the redistribution of wealth? That is Communism.

    • @cvrart
      @cvrart 4 дні тому

      Only the elites are to blame for letting things go so far that a substantial chunk of the population feels they have nothing left to lose.

  • @lawrencesullivan3307
    @lawrencesullivan3307 5 днів тому +3

    and more tax cuts for the rich will make less well-off people feel better.

    • @Misaka-gt5yj
      @Misaka-gt5yj 4 дні тому

      you also get more stock options and higher interest payouts on your investments. win win

    • @toddtheisen8386
      @toddtheisen8386 4 дні тому

      @@Misaka-gt5yj What stock options? What investments? Stagnant wages and rising taxes on middle class and working poor allow no room for such self improvement for the last 25 years.

    • @ssuwandi3240
      @ssuwandi3240 4 дні тому

      No, the rich don't earn tips😮

    • @toddtheisen8386
      @toddtheisen8386 4 дні тому +1

      @@ssuwandi3240 Like that promise is actually going to be kept. Trump promised the same stuff in 2016....then failed to even propose it to Congress.

    • @ssuwandi3240
      @ssuwandi3240 4 дні тому

      @@toddtheisen8386 I heard Democrats donors are so upse for t burning $2 billion over ice cream and private jets🤤🤤 while Trump spent slightly over 10%👏👏👏👏👏👏 AND WON😂😂😂😂😂😂😂😂😂😂

  • @gbb82
    @gbb82 3 дні тому

    Trump will save them.

  • @alchin9
    @alchin9 3 дні тому

    And whenever you have enormous wealth inequality as bad as this, that raises the risk of recessions.

  • @alexsoccer1196
    @alexsoccer1196 4 дні тому

    @ITALY: but as EU-citizen you can easily work in Germany, Austria, also Switzerland... if you received a good education in Italy. Prefereably IT, AI, Engineering, Medicine, Handicraft.

  • @gprufino
    @gprufino 4 дні тому

    100% true.

  • @hgdon-homeiswheretreesare-9239

    Rich or poor, people always choose rich (can't really blame them)

  • @dreadfuldonkey
    @dreadfuldonkey 5 днів тому

    But when poor people do come into money, they don’t care about that anymore

  • @nathanielcarreon5634
    @nathanielcarreon5634 4 дні тому +1

    Always been and always will be, nothing new

  • @cristinskadell338
    @cristinskadell338 5 днів тому

    yeah it has been like that since 100 years ago.
    Rich /wealthy getting richer and wealthier.

  • @klnrklnr4433
    @klnrklnr4433 5 днів тому +5

    and yet they voted for trump lmao.

  • @KarlVance-k1c
    @KarlVance-k1c 5 днів тому

    I got too bad shoulders, and a bad back. I can tell you for a fact, I never been hired by a poor man.

  • @joesoap8125
    @joesoap8125 4 дні тому

    Favors the very wealthy

  • @vasuvasudevan1827
    @vasuvasudevan1827 4 дні тому

    John's usually a good interviewer but he kind of prevented Jason from elaborating on the big point. QE really hurt ordinary people - you have to look no further than the Fed's own survey of consumer finances to see the correlation between QE and the disproportionate growth in the wealth of the 1%. Pushing interest rates down left people nowhere to go but the stock market and the benefit to the incumbents far outweighed that to these newer entrants. My sense is that a decade of market rates on the long end will help right this imbalance.

  • @kurtKking
    @kurtKking 3 дні тому +1

    Unfortunately this is true. As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

    • @Owenra
      @Owenra 3 дні тому +1

      well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.

  • @GlobalCitizen_y2k
    @GlobalCitizen_y2k 4 дні тому

    ‘economy skewed to favor the wealthy’
    The most Captain Obvious lede in a while 🤦

  • @bobandimovski7688
    @bobandimovski7688 5 днів тому +1

    it's called capitalism??

  • @andis9076
    @andis9076 3 дні тому

    Money got sucked into useless bitcoin....guess who trigerred it ?

  • @blipblop92
    @blipblop92 4 дні тому

    Hasn't this belief been going on since the dawn of time??? Everybody got to start somewhere

  • @AKAAAK
    @AKAAAK 4 дні тому

    Either get on board or be left behind...... the world isn't going to change because of a handful of complainers on YT who've got no money or don't invest to make their money work for them.

  • @thegamblingteam1083
    @thegamblingteam1083 4 дні тому

    No way should market be this good greedy printing money fraud

  • @binsun7840
    @binsun7840 4 дні тому

    This so called expert makes absolutely no sense. Relatively shift price (higher) = inflation. 😂

  • @brianalbano9005
    @brianalbano9005 4 дні тому

    This guys been a bear for 5 years now....

  • @erichvonmolder9310
    @erichvonmolder9310 2 дні тому

    Gosh Beav, really?

  • @thisguy73
    @thisguy73 5 днів тому

    Well it is

  • @nicolasnicolas6468
    @nicolasnicolas6468 5 днів тому

    Look at scandinavia. You have social progression