Holy Crap - The Lies of What the Fed *JUST* Said [Fed Rate Cut].

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  • Опубліковано 8 лис 2024

КОМЕНТАРІ • 203

  • @MeetKevin
    @MeetKevin  Місяць тому +11

    Internal-Use Only on Kevin's Fed Trade: Do not share: bit.ly/3WCcnWr

    • @zanofaris9334
      @zanofaris9334 Місяць тому

      the fed are always lying so why listening to it and analysis it .he is talking diplomatically and not humanity .it's all about still more money and make all the people good slave .

  • @fredw3448
    @fredw3448 Місяць тому +157

    Economy is shit. Everything is still high. Where does he go grocery shopping

  • @Memememe-is1yn
    @Memememe-is1yn Місяць тому +95

    In other words, the "free market" has been artificially propped up since 2008 and could collapse at any moment. Tell me something I don't know.

    • @ScottRachelson777
      @ScottRachelson777 Місяць тому +2

      How FREE is the market if it has been ARTIFICIALLY propped up? How can the market be FREE and artificially propped-up at the same time?

  • @ah5836
    @ah5836 Місяць тому +76

    Wall street isn't in a recession, that is true. Main street is a very different story.

  • @SwiftyNShifty
    @SwiftyNShifty Місяць тому +60

    The fact they did 50 vs 25 tells me they are quite concerned about the economy and rising unemployment. Especially when you consider the most recent inflation data was worse than expected.

    • @zwatwashdc
      @zwatwashdc Місяць тому

      Tells me they need another round of inflation and they want assets to go onto the moon so the precious rich will not loose a penny while the poor get further ground into the pavement.

    • @trailguy
      @trailguy Місяць тому +2

      Agree! That’s why the knee jerk market jump turned out to be a down day by a quarter point. Look out below.

  • @kristinnolastname2735
    @kristinnolastname2735 Місяць тому +141

    After the last three years, I don't trust the Federal Reserve anymore.

    • @thesaint9276
      @thesaint9276 Місяць тому

      @@kristinnolastname2735 lol you trusted them in the first place? They’re literally the root of all evil

    • @kennethmcdonald4411
      @kennethmcdonald4411 Місяць тому +22

      You shouldn't trust this guy either.

    • @soloman747
      @soloman747 Місяць тому +4

      Why did you ever? Unless you were literally born yesterday?

    • @joefuentes2977
      @joefuentes2977 Місяць тому +8

      Why did you ever trust the federal reserve 😂

    • @Gold_Silver.
      @Gold_Silver. Місяць тому

      @@kennethmcdonald4411cant trust anyone thats trusts the Federal reserve

  • @knexmaster4119
    @knexmaster4119 Місяць тому +159

    When you have 10,000 applicants for a $20 an hour position, you know something is wrong.

    • @YPYT90
      @YPYT90 Місяць тому +8

      And where is that from

    • @jeffrucks4477
      @jeffrucks4477 Місяць тому +7

      They ain't worth $20 an hour.

    • @GTRrocker84
      @GTRrocker84 Місяць тому

      @@jeffrucks4477
      If minimum wage actually kept up with inflation they are worth that amount.

    • @les0101s
      @les0101s Місяць тому +5

      @@jeffrucks4477 So you think $20 an hour is a lot? What about the price of groceries and rent and gas that everyone is complaining about?

    • @TurdFergusen
      @TurdFergusen Місяць тому

      @@knexmaster4119 its probably work from home

  • @trailguy
    @trailguy Місяць тому +19

    Inflation isn’t defeated, it’s temporarily out of gas because the economy is dying. Inflationary forces are losing to the hiring falling, businesses closing and income freezing. Not to mention debt breaking records and savings bottoming out. Look out below.

    • @ScottRachelson777
      @ScottRachelson777 Місяць тому +4

      Until the money printers have to start the printing motor. That was the anticipated start of the hyperinflation scenario. Most of what Kevin said has been and will be wrong. It's like game theory. Look at the possible moves and countermoves of the Fed. Does anybody think interest rates can go up when the Federal Debt is over $35 Trillion and will be over $50 Trillion in the next several years, even without recession spending? How much will interest payments on debt be? Will there be any money left over from tax revenue to pay for mandatory spending items? Do the analysis instead of just accepting MS opinion without critically scrutinizing it.

    • @trailguy
      @trailguy Місяць тому

      @@ScottRachelson777 have I not analyzed? What do you think will be different than what I said?

  • @MX-CO
    @MX-CO Місяць тому +115

    50% of people are broke, struggling or living pay check to paycheck, and the other 50% have more than they need own multiple homes, multiple vehicles, boats, motorcycle etc etc etc...

    • @irrelevantjoker37
      @irrelevantjoker37 Місяць тому

      AND? Are you communist... many people made good life choices over others. Why you listen to Kevin and others in this group. If you want communism give it up. The world regardless of political party will always have the haves and have nots.. you sound like a not.

    • @mikespence8895
      @mikespence8895 Місяць тому +23

      I'd argue more than 50% are paycheck to paycheck.

    • @jonnysantos5074
      @jonnysantos5074 Місяць тому +15

      Be careful with Kevin's agenda he is not for the middle class

  • @fallenangell5588
    @fallenangell5588 Місяць тому +46

    Doomsday clickbait titles work so well…

  • @thiinkbiggergrrow6331
    @thiinkbiggergrrow6331 Місяць тому +12

    Hey Kevin, I think it would be really interesting if you could do a video comparing Ben Bernanke's statements about the economy before the 2008 collapse with Jerome Powell's current views. I noticed that both of them seemed pretty chill about things before everything went to hell. I wonder if there are any similarities between their approaches.

  • @MrTAFSIYNOT
    @MrTAFSIYNOT Місяць тому +32

    Interest rates need to go higher. Inflation will come back even stronger.

  • @richardc755
    @richardc755 Місяць тому +9

    Kevin I am glad to see you are becoming an honest and proper savage. Keep up the good work.

  • @cwesley2005
    @cwesley2005 Місяць тому +10

    There was a 61% chance of a 50 basis point cut.

  • @blizzred2143
    @blizzred2143 Місяць тому +2

    Rich people keep making money no matter what economy. I drive to country clubs and I see new construction for mansions on my way there even during this economy, during peak COVID…etc

  • @raelynvlogs4434
    @raelynvlogs4434 Місяць тому +9

    Remember when he said no need to cut rates the economy is doing well question mark

  • @stevenchapman5810
    @stevenchapman5810 Місяць тому +28

    Are they going to lower my credit card interest rates? 😂

  • @Zakerath
    @Zakerath Місяць тому +1

    Jpow sounded like Walter White describing to his family what he does when he's gone.

  • @autistictrader6237
    @autistictrader6237 Місяць тому +1

    ❤️ ❤️ ❤️ not only u got rate cut rite , but also the prior run up , then sell off as well . Perfect call sir

  • @scottdownard143
    @scottdownard143 Місяць тому +3

    Called it weeks ago. We should have gotten a whole 100 BP but marketsbwouldnt be able to handle it.

  • @SProz69
    @SProz69 Місяць тому +6

    The FED is panicking ROFL

  • @PerfectlyFunctioningAI
    @PerfectlyFunctioningAI Місяць тому +11

    Did kevin make this as soon as he ended his livestream?? what the hell that was fast

  • @Johnnyscarcarereviews
    @Johnnyscarcarereviews Місяць тому +2

    🎉great coverage, commentary and analysis

  • @jamesdehart3325
    @jamesdehart3325 Місяць тому +1

    Kevin, the stalk market is not going to be saved, even with a 50 bases point, or a 75 bases point cut in November. It's slowing down in spite of the real economy IE 70% of retail market tanking and will not slow down till hard landing and real pain is felt in the jobs market.

  • @whoshotya117
    @whoshotya117 Місяць тому +3

    Shhhh... Let the bull run happen for a little

  • @jol7772
    @jol7772 Місяць тому +5

    Like unemployment depends on supply and demand as anything else.. if you add millions of migrants at the faster phase than new jobs for their skill set are created then unemployment will raise.. or am I wrong?

  • @milliondollardreams
    @milliondollardreams Місяць тому +1

    Nice summary kev. good job

  • @mohammedmudassirshaikh557
    @mohammedmudassirshaikh557 Місяць тому +1

    They should have gone 75 bp. Fed is always behind: both while raising rates, and cutting rates.

  • @OTHUKEGodswill-d5o
    @OTHUKEGodswill-d5o Місяць тому

    After a headline-making stock market crash earlier this week, if you didn't panic and simply did nothing then you'd be up more than 5% this week. If you are an Nvidia shareholder, you'd be up 11%. This is the difference between people who don't invest in emotions. How do I insulate myself from following trends on the news?

  • @sid6972
    @sid6972 Місяць тому +11

    The Fed needs a TRUTH O-METER!!!

  • @sachin4singhs
    @sachin4singhs Місяць тому +2

    I remember the last time you were super bearish. How did that turn out?

  • @oscarusestools
    @oscarusestools Місяць тому

    Were going up from here. Now in the middle of next year we will crash. The market doesn't go down when we cut rates not going into a recession. (I know we are in one) the data will be bullish and so will the market until something breaks.

  • @thisisyourcaptainspeaking2259
    @thisisyourcaptainspeaking2259 Місяць тому

    Since when has the FED ever been correct? I don't know how they can keep their jobs.

  • @terrahhall8789
    @terrahhall8789 Місяць тому +2

    Hello to our old friend inflation

  • @importkauf
    @importkauf Місяць тому +1

    Boycott of US Products show effects

  • @zevik84
    @zevik84 Місяць тому +2

    If he sells, just buy it.

  • @droptorvi
    @droptorvi Місяць тому

    thank you kevin

  • @everythingcrypto5577
    @everythingcrypto5577 Місяць тому +2

    Sell the news
    We already rally up to the FOMC meeting, who was expecting another 5-10% gain today?

    • @les0101s
      @les0101s Місяць тому +1

      Tomorrow and Friday? It usually moves up and down a lot on Fed day.

  • @sidneypaulson1798
    @sidneypaulson1798 Місяць тому +2

    The feds should have went 1 just because and not even close to recession

  • @caliboy2498
    @caliboy2498 Місяць тому +1

    SP500 is all time high, home prices r all time high. Something is boiling underneath for sure. American govt n people’s debt is all time high

  • @violetpurple6191
    @violetpurple6191 Місяць тому

    isn't this the longest time period we haven't had a recession? the last one being in '08...

  • @joshuawilliams4513
    @joshuawilliams4513 Місяць тому +1

    Let’s see where this goes

  • @sidneypaulson1798
    @sidneypaulson1798 Місяць тому +1

    1.3 gdp is not a recession in fact it has cheered as good in the past

    • @dreamofstuff9125
      @dreamofstuff9125 Місяць тому

      That's awful growth. Won't put pace inflation.

    • @sidneypaulson1798
      @sidneypaulson1798 Місяць тому +1

      ⁠it was said by a president that we should not exspect a gdp over 1 pct. None of this is neg was is required for a recession

  • @Suarez32
    @Suarez32 Місяць тому

    The letter I got was my bank is calling my bonds. $$$ rule everything around me.

  • @thestonksmarket1897
    @thestonksmarket1897 Місяць тому +10

    *The Fed, with their hands covering their eyes*: We don’t see that, we just don’t see it

  • @MichaelDillin
    @MichaelDillin Місяць тому

    What will 30 yr home loans be

  • @dr.lazysloth3415
    @dr.lazysloth3415 Місяць тому

    Great vid 😊

  • @SuMMeRFLi5
    @SuMMeRFLi5 Місяць тому

    Funny, I was just saying time to take a vacation. Not selling though. Really cool you have an encode audio comm system!! Do you remember all your LE 10 codes? I don't anymore. Just the basic ones. I remember the rush of adrenaline to be the 1st to transmit 10-95 though.

  • @jacobsmith15
    @jacobsmith15 Місяць тому

    Don’t forget 9/20 is a big options expiration date.

  • @dannypalma8159
    @dannypalma8159 Місяць тому +2

    Mortagage refinance time?

    • @stevenchapman5810
      @stevenchapman5810 Місяць тому

      😂 what's the cost of a mortgage origination fees and closing costs probably not. 😂

    • @MeetKevin
      @MeetKevin  Місяць тому +5

      rates will drop much more.. soon imo

  • @theodoreneubauer3
    @theodoreneubauer3 Місяць тому +1

    Youre not going to stop btc kevin

  • @drewhankey4078
    @drewhankey4078 3 дні тому

    The fed with just revise everything 2 months later like the job market

  • @pietrovalsecchi1680
    @pietrovalsecchi1680 Місяць тому

    Kevin, Since you were right with your 50-point rate cut today, what are your predictions for soft versus hard landing? Thank you for your videos and excellent content!

  • @TiagoRamosVideos
    @TiagoRamosVideos Місяць тому

    Thanks 🙏

  • @JoshuaGarcia-qk5kl
    @JoshuaGarcia-qk5kl Місяць тому +3

    Kev!
    WTF brother lookin’ better than ever. Your skin is radiant. Hell of a glow up youre rocking.
    Sober September?
    Hittin the weights hard?
    Vegan Diet?
    What’s he doin?

  • @Musica-sj8gc
    @Musica-sj8gc Місяць тому +3

    TLT - hold or Sell

  • @brandonhallam51
    @brandonhallam51 Місяць тому +2

    Powell is Jim Cramer confirmed?

  • @theodoreneubauer3
    @theodoreneubauer3 Місяць тому +3

    The economy is in good shape

  • @thee_others
    @thee_others Місяць тому +2

    The unemployment rate's up mainly due to influx of migrants across the southern border taking jobs away from americans. thats not due to a weakening economy. America is a service based economy, it's still going strong.

  • @brianjarrard869
    @brianjarrard869 Місяць тому +10

    Jerome squashed the rally

  • @randalkingery4281
    @randalkingery4281 Місяць тому

    I had a nice jump in my portfolio for an hour, and then down down down

  • @onelinkatatime
    @onelinkatatime Місяць тому

    @meetkevin 50 what? 50 percent off? 50 dollars off? What is this discount you speak of?

  • @jedclampett7705
    @jedclampett7705 Місяць тому +6

    Jerome Powell, today’s equivalent to “Baghdad Bob.” Stands right in front of that camera and LIES HIS BEEEEP OFF! Unreal.

  • @salvadorjimenez6573
    @salvadorjimenez6573 Місяць тому

    The radio explosion joke is too early Kevin...lol

  • @markmoore273
    @markmoore273 Місяць тому +2

    Layoffs

  • @Cessig55
    @Cessig55 Місяць тому +3

    Flip flop!! New day same kevin!!

  • @hieeih6468
    @hieeih6468 Місяць тому

    We're mooning boys !

  • @TheMendeFamily
    @TheMendeFamily Місяць тому

    So why did the market reverse?? Is this just profit taking??? 😮

    • @genxtechguy
      @genxtechguy Місяць тому

      Mathew Mcconaughey said it best in Wolf of Wall Street…. It’s a fagazzi it’s a fagozzi … strange whistling sound 😂

  • @upticktrade
    @upticktrade Місяць тому

    Estimates meaning we don't know dodo. 🤣

  • @Spac3m4n432
    @Spac3m4n432 Місяць тому +2

    BOE and Japan next!

  • @shdmd2118
    @shdmd2118 Місяць тому

    I only invest in Apple

  • @TimBush-f4x
    @TimBush-f4x Місяць тому

    He’s using plausible deniability scenario, I’m glad I’m not in the normal job market.. I’ve seen videos of people in services that are creating bogus job openings to pump the numbers

  • @zujinx5191
    @zujinx5191 Місяць тому

    I sold 50% my postion

  • @khalidaltunaiji
    @khalidaltunaiji Місяць тому

    Good news why sell unless ur selling

  • @red32303
    @red32303 Місяць тому

    I think my savings rate is already less than 1/2 a %. Have like $20 in savings

    • @theodoreneubauer3
      @theodoreneubauer3 Місяць тому

      I'm trying to buy a house catch up sick of waiting market wants to grow

  • @SwaggerjackProductions
    @SwaggerjackProductions Місяць тому

    Thank God. Another coupon

  • @rdenzeldeli5416
    @rdenzeldeli5416 Місяць тому

    I Agree with you man something fishy!

  • @BackToBasicsForHealth
    @BackToBasicsForHealth Місяць тому

    I expected
    Lies!

  • @facemakerable
    @facemakerable Місяць тому

    right on purple tie bravo

  • @anthonys239
    @anthonys239 Місяць тому

    Cookin the books!!👨🏻‍🍳

  • @ThxHeavyShorts
    @ThxHeavyShorts Місяць тому +1

    Saving? Who’s still got savings? 😂

  • @thebadasseryfactory
    @thebadasseryfactory Місяць тому

    everything is fine though

  • @buddyryeSE
    @buddyryeSE Місяць тому

    Sweet! Just in time for November! Hmmm...

    • @WeBeatMedicare6969
      @WeBeatMedicare6969 Місяць тому

      Weird huh?

    • @filip9564
      @filip9564 Місяць тому +1

      Just shows that they dont care about politics and are truly unbiased.
      Even though they knew people would call them biased they still did whats best for the economy and lowered rates.

  • @cheeseman417
    @cheeseman417 Місяць тому

    Inflation is transitory.

  • @justinshearer8180
    @justinshearer8180 Місяць тому

    What lies???

  • @aradagebeya
    @aradagebeya Місяць тому +9

    Prophet of doom. You cant wait till the market dumps

    • @Micfri300
      @Micfri300 Місяць тому

      Oh boo hoo😂😂😂 did the fed hurt you ❤

  • @jonnysantos5074
    @jonnysantos5074 Місяць тому +1

    Kevin you have been flip-flopping a lot lately on this subject

  • @sleazy-501
    @sleazy-501 Місяць тому

    Hi kevin

  • @corresandberg
    @corresandberg Місяць тому

    Ah ❤ coupon evening (Europe) so unexpected 😘

  • @str8chillaxin
    @str8chillaxin Місяць тому

    based ty

  • @markuswilliams2944
    @markuswilliams2944 Місяць тому

    Markus with a k checking in

  • @ravenstarfire8816
    @ravenstarfire8816 Місяць тому

    I hope you didnt buy those radios from Taiwan, that could be intercepted by Israel

  • @ksize7058
    @ksize7058 Місяць тому

    Recession in a year

    • @DJ-jq5rh
      @DJ-jq5rh Місяць тому

      We're already in one

  • @vevenaneathna
    @vevenaneathna Місяць тому

    jpowell: patience has paid dividiends. thats so short sided. yes youre always very right until youre very wrong. if there is a recession and rates crash, their patience is now an epic failure just like before covid when they took too long to raise rates. fomc going to repeat the same exact mistake and talk themselves up the entire way there, arrogance....

  • @ogcryptowealth
    @ogcryptowealth Місяць тому +4

    Poopie doopie

  • @gersonskincareandlifestyle1296
    @gersonskincareandlifestyle1296 Місяць тому

    Yup!

  • @MERCHANTMANMERCHANTM
    @MERCHANTMANMERCHANTM Місяць тому

    Genius

  • @tatersquad2000
    @tatersquad2000 Місяць тому +5

    Rate cuts are historically a sign of a strong and healthy economy... right? ..... right...?

    • @filip9564
      @filip9564 Місяць тому

      Historically they cut rates during a recession. Now they cut it before. Its not comparable

    • @StackingOZs
      @StackingOZs Місяць тому +6

      considering it was last done in 2001, 2007, and 2020 at . 50bp I'd say no

    • @ericwaldron3599
      @ericwaldron3599 Місяць тому

      High rates actually stifle economic growth. Lower rates stimulate it. Causes more M&A, loan activity and consumption. Really low rates (example: 0) are the sign of a stalled economy.

    • @joechan8549
      @joechan8549 Місяць тому +3

      NO , it means recession , check history

    • @ericwaldron3599
      @ericwaldron3599 Місяць тому

      @joechan8549 Not a half point dude.

  • @sergiovieira2518
    @sergiovieira2518 Місяць тому

    25 I Nov, 25 in dec.

  • @thefreedomproject4777
    @thefreedomproject4777 Місяць тому

    Bro who cares if he lies we just gave Green Button to Buy, You cant do anything about that, Just be another Bull and make money xD

    • @bpb5541
      @bpb5541 Місяць тому +1

      Since 1952 every time the FED cuts we have gone into a recession or depression. We just got the green light to short not go long. Pull up a weekly chart you will see what I am talking about. Tread carefully.

    • @SigFigNewton
      @SigFigNewton Місяць тому

      .. and thats why it was a slight down day for markets?