Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I've stuck with ‘’lucia Alicia Cruz” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I’m mostly in cash and waiting for market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $550k? I know election years are positive for the stock market about 90% of the time. Meanwhile, I'm just focused on making better investments and earning more as recession fear increases.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
You can also tell she's not very smart by the way she tries to reference Trump. Trump in Biden are pretty much on agreement that the US needs tariffs and that it needs to bring the supply chain back to America. So unless she realizes that Biden is far right by her logic I don't think we should take her seriously.
Agree. For a top economist - and I mean a real one - Paul Krugman, Nobel Laureate is deeper into the subject matter expertise. He’s not now and hasn’t been predicting a recession.
The word “Recession” in media can trigger a full recession like before. Prices are up. people are hibernating with their money and spending less. Better to call this an “Economic Winter”
Yup. Periods of optimism, is usually followed by periods of pessimism. Additionally, you can only take advantage of people's money so until they have no more money for you to take, and then the recession comes, and everything is once again, reboot. I mean, we've essentially had a bull market since the last 2008 financial crisis, and that was a crazy 16 year long bull market that even survived through covid.
@@davek1833 no he's just stating the average delta between depressions. There is no hard and fast rule on how often recessions occur. If you're going to have an argument based off the definition of a recession I think a better argument would be why don't we call them panics or depressions anymore?
Global supply chains and logistics should be mentioned. I love the grounded reality of this channel!!! Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in US and Canada she is really amazing woman with good skills and experience.
😂😂😂 The pandemic is the new formula benchmark. So if the economy is not off it's rails like the pandemic then in the Fed's eyes , the economy is hot lmfao 💀
The problem is China's half a billion elderly retirees.. Xinie won't seem dare to shake their own friends to keep working😊 Their Economists still decry the lack of stimulus
This is a result of reckless spending of taxpayers money by the government. The debt has gone up, which means that more interest will have to be paid on that debt. And that more interest will be paid for by the taxes collected from the middle class. Of course people will spend less and that will result in slowdown of economy.
Investors with a long term view are well positioned for the ultimate recovery because they understand that the market and economy will eventually revive. I'm doing great personally and will keep pushing hard in this wild market. Right now, my portfolio is up 43%. I'm going to take a backseat and watch how this all works, gradually adding more stocks.
I diversified my $50K portfolio across several markets with the help of an investment advisor, and I was able to earn almost $200K in net profit among high dividend yield equities, ETFs, and bonds
I don't comfortably throw recommendations around on the internet, but I've been working with Nancy Magaret Delony. God ! she's brilliant! I'm sure there are others who are good.
Thanks for sharing. I curiously searched for her full name and her website popped up first thing. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
The corporations threw us under the bus. Instead of raising prices if they need to, they raised it just in case. That's why corps like McDonald's have the ability to offer discounts now, they were overpricing the entire time.
@@BillySBC The main driver of inflation is housing costs. Housing costs have increased due to vulture capitalism, and collusion between landlords to jack up rents using realpage. AirBnb has also contributed greatly to housing costs. There is no reason for housing to be so expensive other than the housing market is completely rigged for the benefit of wall street.
I think this trend of having clever names for everything is an American thing. Even the official legislations have clever names like the DREAM act. Quiet quitting etc also comes to mind. Is it similar in other countries?
There needs to be two major corrections. A major correct in real estate prices, and a major correction in the cost of automobiles. These two areas skyrocketed during the virus period and they must come back down to Earth or the Fed will leave the rates high for a decade or more.
I like DDB, she has to amuse the media circus every now and then. I have been anticipating an inflection point for a while. Timing things is tough. When the yield on asset prices outpace the 10 yr Treasury, say 3% or 4%. It will not go on like that forever. The Fed and their policy decisions are always chasing that bird. When they mention a rate cut, they are signaling something is going to break. Its like putting foam on a runway to lessen the crash of an airplane.
She said AI is going to destroy jobs in 18 months. She said cryptocurrency is about animal spirits. She did get that far right governments are bad for national economies.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings losing value because of high inflation. Where else can we keep our money?
@@MaryLawson874 Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
@@roxdietren this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@@AlfredStephen127 My CFA Claire Robert’s Durand , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@roxdietren Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
So we have gdp growth, unemployment is 4.3%, the stock market is up, wages are up, but we have been in a recession since October of last year? Ok sure.
The campaign shenanigans from both the red party and blue party is exactly what is stirring up this market panic. I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now.
Danielle uses some categorizations here in rather fast and loose terms…..declining to be a party to ridiculous international climate accords that put all the onus on the US does not make us ‘far right wing’.
America is so cooked, and her saying the federal reserve isnt to blame is insane. AI will finish off the rest of the general unspecialized menial job market in the next 1-3 years. Specialized tasks in engineering and healthcare will be annihilated shortly after. You can literally have AI design cad models now. we are cooked
For me I noticed non-essential goods such as nice clothes and comic books have dropped in prices and it’s very easy for me to find extremely good deals which was very hard to find pre-pandemic however it’s the essential stuff like food and even dinning out that’s had a huge surge in prices. I live in an expensive city so I live with my family to save on rent. I am a disciplined saver so when my money market account started paying 5% interest I was making over a $1,000 in interest every month. I thought the interest alone might help pay for my rent if I decide to go on my own but rent has gone insanely up. To live in a modest and decent location I’ve seen rent charge anywhere from $2,000-$3,000 a month when pre-pandemic times it was more like $1,200-$1,500.
@@g.a.2997 the comic books I buy are collectors items and there are people who do pay nice change for them. I have bought many comic books from the $1 bins that people are paying $20 or more online for and some have shot up in value.
Plain vanilla recession? This is a pullback to the unprecedented and massive uptrend we've experienced since October 2023. That's all. Why don't you take a look at the weekly timeframe on both ES and NQ? We just bounced the weekly 50 EMA aggressively; NQ at the Fibonacci 61.8% retracement and ES ABOVE the 50%. This means the bull market and overall uptrend is still intact. You've been crying for a pullback the entire time and now that we have one it's a recession? No. Get it together. We all knew the Fed wouldn't cut before September anyway.
@Randy_Richmond No, it isn't. I also did not say that it was. But it IS the other way around. The market would not be respecting these trends if this were a recession.
@Randy_Richmond Yet the Market has been in the most aggressive uptrend we've ever had since January.. If the markets react to the real world, as you say, then things must not be as bad as you say... Seems you buried yourself with that one bud.
Jesus I agree. Just vague generalities and platitudes. Trade barriers have been put in place by Liberal and Conservative governments. They all want money. Is Globalization declining. No. All the have to look at is the increase in goods year over year.
@@RudyRayMoore365 they don't intervene to money markets. He clearly said fed monetary policy is based on gdp, unemployment, inflation for past 3 months of data
If you want to have freedom in your life and do what you want, try to be a trader! With this work you can travel, doing your hobbies and enjoying your everyday life
If I recall correctly, they're supposed to be an independent body that can't be influenced by party lines like politicians. Not sure if it's the best way to do things, but it's better than giving in to political allegiance and other things of that nature.
So the government should just sit back and do nothing while runaway inflation just spirals upward and upward... We're not dropping those rates until the price gouging stops.
@@BillySBC How can you stop price gouging without taking away the "free market", or whatever is left of that, from the economy? I personally don't have the answer and would like your take on that.
@@JaviVie They are not interfering with your ability to buy whatever you want, all the Fed is doing is making the cost of borrowing higher. This tends to make it less attractive to borrow money to do things, but it is not stopping you from engaging in the economy however you want to, therefore it is not "taking away the free market" as you suggest. What it is doing is putting pressure on sellers to lower the selling price to offset the cost of borrowing the money to purchase it, and so in effect causes prices to come down.
I think Danielle missed a point about global supply chains and logistics. The Red Sea crisis and War in Ukraine have direct impacts on inflation and the economy in the US and Europe even if you are not sourcing or trading directly in those regions due to the way global logistics works today. Ocean freight container rates are nearly 4x what they were at the start of this year on trade lanes from China to the US which isn’t anywhere near these two war zones. Having to avoid the Red Sea in particular has put a huge strain on logistics capacity and has a knock on effect on the price of any imported consumer goods since logistics is a key input cost into the price you pay at checkout.
It’s not supply chain. It was always money supply. The more people have more they will spend simple. Inflation never comes out so much just out of necessity.
There is new, significantly more leveraged, this can’t never happen again, class of people in a market driven with significantly more fraud and speculation.
You can’t bring back manufacturing home and have a recession at the same time. The two events are mutually exclusive. I don’t know what she is talking about 🤷♂️
@@firefly4907what? Wr hv inflation all around us /yeah more are using credit card to afford daily things like food because if inflation or increases on car insurance and home insurance. More debt is a sign the economy isnt doing as well
Oh boy, I can’t see the populace turning on DDB and starting to get vocal about her being wrong for so many years now. Guess that’s to be expected when she keeps moving the goal post on her predictions over and over. Oof.
Reporter "of course is not the feds faults" Are you serious? Who did you think held the interest rates low, printed money without any back up resulting in the inflation suffered today etc? Of course dont forget polititians, those ah are the main cause of all this
@@Betweoxwitegan when they are low in an inflationary situación it would increase inflation even more because people would still go to debt, when it increases debt is more expensive so people avoid it and that pushes inflation down.
@@prolific1518 Yeah, okay buddy I'd bet your a fascist supporter 😂 If interest rates are high that encourages saving which decreases the velocity of money and thus causes deflation which causes a recession, the domestic currency gains power decreasing export viability, decreased business investment means less productivity, high interest rates also lead to a decrease in asset price like housing and stocks causing less consumption, more saving and fear. Suffice to say high interest rates are bad, you want stable low interest rates and stable low inflation levels.
@@Betweoxwitegan recessions are normal parts of the business model. Trying to prevent them with artificially low interest rates is how you end up with inflation. Deflation is curable. No country ever recovers from a debt spiral. Too bad you're allowed to vote.
one person's opinion, not a consensus. We have had one weak job report in July. If it continues in August, September, October, then you can call it a recession. A recession beginning in October of 2023? She has her First Amendment right here...
Umm i think we end up worse its some never was the same after 2008. The ones that somewhat recovered 2020 took them out again....in my mind its patchwork at best when capitalism is the root problem
Been no exceptions to that rule? might want to go look at your charts perma bear 😂 mid '90s, the reversal of 2018, rates going down to zero in The pandemic, stocks went 🚀
You cannot re-jig your economic system, to avoid a slow down over a couple of decades like the US does and not expect a normal recessions of about six months from this Fall season onwards..
But those companies reported RECORD profit... We know that inflation was exacerbated by private equity and market factors that care more about paying out shareholders, than they do responsible growth and long term gains.
Could someone explain further what she meant about cryptocurrencies and the fed rate? Was she saying when crypto does well and the fed cuts rates, it’s a bad sign for the stock market? Buoyancy in the stock market as stocks have reached its highs? English is not my 1st language
When rates go down (or expected to go down) crypto & stock market goes up. Crypto is a harbinger for the stock market since it is the most extreme risk asset.
Economy is the group of working people in a country. More the working people are, higher the economy growth will be. For example, in India, population of youth is very high but mostly are unemployed. So a formula is needed where quality over quantity will work.
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid economy crisis, and even pull it off easily in favorable conditions. Unequivocally, the collapse is getting somebody somewhere rich
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter
The issue is people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??
I've stuck with ‘’lucia Alicia Cruz” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I reach this person?
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I checked Aileen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it.
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
Nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
Her name is “Jessica Lee Horst”. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I’m mostly in cash and waiting for market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $550k? I know election years are positive for the stock market about 90% of the time. Meanwhile, I'm just focused on making better investments and earning more as recession fear increases.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
This video was plain vanilla.
🤣🤣💀
lol
She's not a top economist. She's a permabear who constantly says a recession is around the corner. Been doing it for 20 years.
You can also tell she's not very smart by the way she tries to reference Trump.
Trump in Biden are pretty much on agreement that the US needs tariffs and that it needs to bring the supply chain back to America.
So unless she realizes that Biden is far right by her logic I don't think we should take her seriously.
True, she has been predicting an economic apocalypse for the past ten years.
Who are you?
Thank you.
Agree.
For a top economist - and I mean a real one - Paul Krugman, Nobel Laureate is deeper into the subject matter expertise. He’s not now and hasn’t been predicting a recession.
The word “Recession” in media can trigger a full recession like before.
Prices are up. people are hibernating with their money and spending less.
Better to call this an “Economic Winter”
Recessions have happened every 4-7 years for every 250 years at least, this is a feature not a bug of Capitalism.
Yup. Periods of optimism, is usually followed by periods of pessimism. Additionally, you can only take advantage of people's money so until they have no more money for you to take, and then the recession comes, and everything is once again, reboot.
I mean, we've essentially had a bull market since the last 2008 financial crisis, and that was a crazy 16 year long bull market that even survived through covid.
Creative destruction is a feature. The FED on the other hand is a bug.
So if we go 8 years with no recession then your statement is false.
@@davek1833 no he's just stating the average delta between depressions. There is no hard and fast rule on how often recessions occur.
If you're going to have an argument based off the definition of a recession I think a better argument would be why don't we call them panics or depressions anymore?
Good quote, however, 2008 - 2024 = 16 years. So I'd say every 15-20 years.
because whatever flavour you call it your accounts will melt faster than any ice-cream
Global supply chains and logistics should be mentioned.
I love the grounded reality of this channel!!!
Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
wow this awesome 👏 I'm 37 and have been looking for ways to be successful, please how??
Maria Angelina Alexander I really appreciate her efforts and transparency.
I remember giving her my first savings $20000 and she opened a brokerage account for me it turned out to be the best thing that ever happened to me.
This is a definition of God's unending provisions for his people. God remains faithful to his words. I receive this for my household.🙏
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in
US and Canada she is really amazing woman with good skills and experience.
STOP BLAMING EVERYTHING ON THE PANDEMIC its been 4 yrs going on 5!
😂😂😂 The pandemic is the new formula benchmark. So if the economy is not off it's rails like the pandemic then in the Fed's eyes , the economy is hot lmfao 💀
"Stop blaming everything on The Black Plague! It's been 4 years!"
The problem is China's half a billion elderly retirees.. Xinie won't seem dare to shake their own friends to keep working😊 Their Economists still decry the lack of stimulus
Is the “plain vanilla recession” in the room with us now?
😂😂😂
This is a result of reckless spending of taxpayers money by the government.
The debt has gone up, which means that more interest will have to be paid on that debt.
And that more interest will be paid for by the taxes collected from the middle class.
Of course people will spend less and that will result in slowdown of economy.
@@firefly4907they’re talking about Private companies, therefore the government is not involved.
😂
😂😂
She has not gotten anything right in the past 5-years. Presenting her as a top economist is misleading at best. CNBC needs to do better.
No your just being a typical liberal and she doesn't go with what main stream economist say, that's why.
That’s why you don’t outsource everything.
Investors with a long term view are well positioned for the ultimate recovery because they understand that the market and economy will eventually revive. I'm doing great personally and will keep pushing hard in this wild market. Right now, my portfolio is up 43%. I'm going to take a backseat and watch how this all works, gradually adding more stocks.
How did you manage to succeed? I want to invest more wisely because I have a lump sum that inflation is slowly depleting.
I diversified my $50K portfolio across several markets with the help of an investment advisor, and I was able to earn almost $200K in net profit among high dividend yield equities, ETFs, and bonds
That is impressive! my portfolio has remained stagnate. Who is guiding you please?
I don't comfortably throw recommendations around on the internet, but I've been working with Nancy Magaret Delony. God ! she's brilliant! I'm sure there are others who are good.
Thanks for sharing. I curiously searched for her full name and her website popped up first thing. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
You're not getting those interest rates down until the price gouging stops. Stop the gouging, we're not dropping those rates until it stops.
The corporations threw us under the bus. Instead of raising prices if they need to, they raised it just in case. That's why corps like McDonald's have the ability to offer discounts now, they were overpricing the entire time.
@@BillySBC The main driver of inflation is housing costs. Housing costs have increased due to vulture capitalism, and collusion between landlords to jack up rents using realpage. AirBnb has also contributed greatly to housing costs.
There is no reason for housing to be so expensive other than the housing market is completely rigged for the benefit of wall street.
Finally someone admits the quiet part aloud!
Does everything have to have a stupid clever name?
I wouldn't say it's stupid or clever, just plain vanilla
@@Skyberg21vanilla stupid
I think this trend of having clever names for everything is an American thing. Even the official legislations have clever names like the DREAM act. Quiet quitting etc also comes to mind. Is it similar in other countries?
That’s what happens when you let girls run things 😂
Plain vanilla is the color describing her large breasts.
They just don't want us thinking it's bad or gonna be bad.
Quite the contrary, they want you to pull your $ out of stocks in panic so the big bois can buy it up at a cheaper price 😜
There needs to be two major corrections. A major correct in real estate prices, and a major correction in the cost of automobiles. These two areas skyrocketed during the virus period and they must come back down to Earth or the Fed will leave the rates high for a decade or more.
Yep cooking the books as always
This video can be considered securities fraud
Danielle DiMartino is a very respected economists, great to see her on this channel.
Your videos are always engaging and informative, I can't wait to see what you come up with next
I like DDB, she has to amuse the media circus every now and then. I have been anticipating an inflection point for a while. Timing things is tough. When the yield on asset prices outpace the 10 yr Treasury, say 3% or 4%. It will not go on like that forever. The Fed and their policy decisions are always chasing that bird. When they mention a rate cut, they are signaling something is going to break. Its like putting foam on a runway to lessen the crash of an airplane.
Say that to the close to millions of people who lost jobs in the past few years
unemployment number is not that high still
@@thevinceberry unemployment formula is a joke.
She said AI is going to destroy jobs in 18 months. She said cryptocurrency is about animal spirits.
She did get that far right governments are bad for national economies.
Booth spittin facts in this one.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings losing value because of high inflation. Where else can we keep our money?
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If you have good times, you need to have bad times, AKA, a recession.
Start the printers...
Start? I think you mean 'Speed Up'
So we have gdp growth, unemployment is 4.3%, the stock market is up, wages are up, but we have been in a recession since October of last year? Ok sure.
Very insightful
Continual trade deficits are not healthy. The U.S. was once a creditor nation. Long ago.
The campaign shenanigans from both the red party and blue party is exactly what is stirring up this market panic. I have a little over 250k i wanted to put in the markets but I don’t know what direction to head now.
What is the difference between plain vanilla and not plain vanilla?
Danielle uses some categorizations here in rather fast and loose terms…..declining to be a party to ridiculous international climate accords that put all the onus on the US does not make us ‘far right wing’.
America is so cooked, and her saying the federal reserve isnt to blame is insane. AI will finish off the rest of the general unspecialized menial job market in the next 1-3 years. Specialized tasks in engineering and healthcare will be annihilated shortly after. You can literally have AI design cad models now. we are cooked
I want ice cream
Me too
For me I noticed non-essential goods such as nice clothes and comic books have dropped in prices and it’s very easy for me to find extremely good deals which was very hard to find pre-pandemic however it’s the essential stuff like food and even dinning out that’s had a huge surge in prices. I live in an expensive city so I live with my family to save on rent. I am a disciplined saver so when my money market account started paying 5% interest I was making over a $1,000 in interest every month. I thought the interest alone might help pay for my rent if I decide to go on my own but rent has gone insanely up. To live in a modest and decent location I’ve seen rent charge anywhere from $2,000-$3,000 a month when pre-pandemic times it was more like $1,200-$1,500.
Would you classify comics as a inferior good and the big ticket clothes items as luxury goods?
@@g.a.2997 the comic books I buy are collectors items and there are people who do pay nice change for them. I have bought many comic books from the $1 bins that people are paying $20 or more online for and some have shot up in value.
well said
Plain vanilla recession? This is a pullback to the unprecedented and massive uptrend we've experienced since October 2023. That's all. Why don't you take a look at the weekly timeframe on both ES and NQ? We just bounced the weekly 50 EMA aggressively; NQ at the Fibonacci 61.8% retracement and ES ABOVE the 50%. This means the bull market and overall uptrend is still intact. You've been crying for a pullback the entire time and now that we have one it's a recession? No. Get it together. We all knew the Fed wouldn't cut before September anyway.
normally stock market rises and falls dont cause systemic inflation like that....america is dieing.
@Randy_Richmond No, it isn't. I also did not say that it was. But it IS the other way around. The market would not be respecting these trends if this were a recession.
@@JonTan-z3e they never do. This is not that.
@Randy_Richmond Yet the Market has been in the most aggressive uptrend we've ever had since January.. If the markets react to the real world, as you say, then things must not be as bad as you say... Seems you buried yourself with that one bud.
The last two minutes of this interview is the most incoherent trash ever aired through CNBC
What did you struggle understanding smooth brain?
Jesus I agree. Just vague generalities and platitudes. Trade barriers have been put in place by Liberal and Conservative governments. They all want money. Is Globalization declining. No. All the have to look at is the increase in goods year over year.
No not really, it makes alot of sense actually.
I find it annoying she doesn't correct anyone saying she was a Fed member. she wasn't. Just another narcissistic talking head
Bottom line, we can’t afford to elect trump.
Not if we want to keep our democratic institutions.
How so?
Vanilla recession my azz. Yours being polite.
Fed will move only if unemployment spikes to 6% for straight 3 months based on fed last press meet
Let’s hope so . I say no interest rates cuts in 2024.
@@RudyRayMoore365 they don't intervene to money markets. He clearly said fed monetary policy is based on gdp, unemployment, inflation for past 3 months of data
If you want to have freedom in your life and do what you want, try to be a trader! With this work you can travel, doing your hobbies and enjoying your everyday life
We literally just had a recession, have a few years to go
Deep dark vanilla bean. Mmmm good !
Can you please turn off you radio. That music is fing annoying!
Why Is the Fed's Undemocratic Control Over the Economy Never Discussed?
If I recall correctly, they're supposed to be an independent body that can't be influenced by party lines like politicians. Not sure if it's the best way to do things, but it's better than giving in to political allegiance and other things of that nature.
So the government should just sit back and do nothing while runaway inflation just spirals upward and upward... We're not dropping those rates until the price gouging stops.
@@BillySBC How can you stop price gouging without taking away the "free market", or whatever is left of that, from the economy? I personally don't have the answer and would like your take on that.
@@JaviVie They are not interfering with your ability to buy whatever you want, all the Fed is doing is making the cost of borrowing higher. This tends to make it less attractive to borrow money to do things, but it is not stopping you from engaging in the economy however you want to, therefore it is not "taking away the free market" as you suggest. What it is doing is putting pressure on sellers to lower the selling price to offset the cost of borrowing the money to purchase it, and so in effect causes prices to come down.
Just because there is a recession, doesn't mean there is one.
Why because it is identifying as a depression?
There was no soft landing from the beginning
I think Danielle missed a point about global supply chains and logistics. The Red Sea crisis and War in Ukraine have direct impacts on inflation and the economy in the US and Europe even if you are not sourcing or trading directly in those regions due to the way global logistics works today. Ocean freight container rates are nearly 4x what they were at the start of this year on trade lanes from China to the US which isn’t anywhere near these two war zones. Having to avoid the Red Sea in particular has put a huge strain on logistics capacity and has a knock on effect on the price of any imported consumer goods since logistics is a key input cost into the price you pay at checkout.
Ha.. we're de-coupling from Irans new buddy!! Get in the program.
It’s not supply chain. It was always money supply. The more people have more they will spend simple. Inflation never comes out so much just out of necessity.
People who defaulted on their mortgages in 2008 felt the credit repercussions etc. and won't likely do it again.
Haha. Yeah, ok.
@@trailingupwardslaughing and being dismissive proves you don’t think it’s can happen again. Its inevitable
Not true at all
There is new, significantly more leveraged, this can’t never happen again, class of people in a market driven with significantly more fraud and speculation.
There's a new idiot born everyday
This ain't no plain vanilla recession. It's a rocky road creme brulee raspberry chocolate gateau fondant recession.
I know people who lost their jobs this year and got a new better paying ones in 2-3 weeks so im not sure what's going on in the economy lol
She is a “plain vanilla economist”.
But hey .. we are sending billions to our "ally".
The fed needs to lower rates and not be distracted by outside noise.
😂😂😂 Fed Powell said he needs to see a whole lot more out of work and the majority of the people's savings and wealth gone first lol 💀
No. No rate cuts needed.
Absolutely positively NOT. Stop the price gouging and the Fed will consider it, and not until then.
At least it has Vanilla
Danielle overlooks WW3 in almost every interview she does. Not to mention the liquidity crisis.
These young women know nothing but giggle when at pajama parties!!!
She’s been calling for this for 10 years . Bla bla, look up her history on the internet. Broken clock
You can’t bring back manufacturing home and have a recession at the same time. The two events are mutually exclusive. I don’t know what she is talking about 🤷♂️
She doesn’t know what she’s talking about.
Long live NAFTA. Say 'no" to isolationism. Say 'yes' to friendshoring.
friendshoring is creating enemies.
seems she okay with gouging the American people
Recession? I’m skeptical
me too .. I don't see it
@@brianburgess3231you don’t see a recession?
Americans will spend a lot of money by maxing their credits cards, I doubt if there will be an inflation.
@@firefly4907what? Wr hv inflation all around us /yeah more are using credit card to afford daily things like food because if inflation or increases on car insurance and home insurance. More debt is a sign the economy isnt doing as well
@@justSTUMBLEDupon nobody I know does either
Oh boy, I can’t see the populace turning on DDB and starting to get vocal about her being wrong for so many years now. Guess that’s to be expected when she keeps moving the goal post on her predictions over and over. Oof.
We have been in recession since the Obama and possibly the Bush administration. We just made up the gap with deficit spending.
The BBL and Botox industry is booming. Americans somehow make time for luxury expenses.
😅😂
Credit cards
Did she say AI is going to give happy endings? Sign me up.
What the hell is a "Global Thought Leader"? I immediately stopped watching after this phrase was uttered. Pure BS.
What are the other flavors of recession?
Can yall pls get better audio for these guests
Why would you put the music in the background? It’s harder to hear the speaker.
Lol, ghostly music for a large vanilla-breasted woman.
Reporter "of course is not the feds faults"
Are you serious? Who did you think held the interest rates low, printed money without any back up resulting in the inflation suffered today etc? Of course dont forget polititians, those ah are the main cause of all this
Interest rates should be low...
@@Betweoxwitegan when they are low in an inflationary situación it would increase inflation even more because people would still go to debt, when it increases debt is more expensive so people avoid it and that pushes inflation down.
@@Betweoxwitegan sad you're allowed to vote
@@prolific1518 Yeah, okay buddy I'd bet your a fascist supporter 😂
If interest rates are high that encourages saving which decreases the velocity of money and thus causes deflation which causes a recession, the domestic currency gains power decreasing export viability, decreased business investment means less productivity, high interest rates also lead to a decrease in asset price like housing and stocks causing less consumption, more saving and fear.
Suffice to say high interest rates are bad, you want stable low interest rates and stable low inflation levels.
@@Betweoxwitegan recessions are normal parts of the business model. Trying to prevent them with artificially low interest rates is how you end up with inflation. Deflation is curable. No country ever recovers from a debt spiral. Too bad you're allowed to vote.
Seems fear of a possible Trump v2.0 looms
wow 46 seconds but ye i hope this recession gets over n done with quick
Translation a 2nd Trump term of inane isolationism = economic depression.
No that’s not what she said seek help for your TDS
Most of these economists dont even know what a recession means.
one person's opinion, not a consensus. We have had one weak job report in July. If it continues in August, September, October, then you can call it a recession. A recession beginning in October of 2023? She has her First Amendment right here...
Recessions are a good thing. We always make it through better than we were before 😊
Not this time, its going to be worse than the great depression
@@abiolaashby7117 🤣🤣🤣
Umm i think we end up worse its some never was the same after 2008. The ones that somewhat recovered 2020 took them out again....in my mind its patchwork at best when capitalism is the root problem
Been no exceptions to that rule? might want to go look at your charts perma bear 😂 mid '90s, the reversal of 2018, rates going down to zero in The pandemic, stocks went 🚀
GDP grew 2.8% last quarter...
Printing money goes toward GDP,
Hides recessions
❤❤The most honest interview I've heard
🎉roaring 20’s 📈🇺🇸
You are financing geno..side. What divided America are you talking about? FFS!
Clean up time . Let's see who ar worth it. Cycle on repeat
You cannot re-jig your economic system, to avoid a slow down over a couple of decades like the US does and not expect a normal recessions of about six months from this Fall season onwards..
Whose fault is it that America doesn't want to add sprinkles, chocolate sauce, and crunchy toppings? Lol
Yoooooo!!! Who is this macro-ecronomic financial guru?!? UA-cam algorithm: show me more of her.
she just talkied common sense.
But those companies reported RECORD profit...
We know that inflation was exacerbated by private equity and market factors that care more about paying out shareholders, than they do responsible growth and long term gains.
Danielle started with fox NBC tryna catch up
Could someone explain further what she meant about cryptocurrencies and the fed rate? Was she saying when crypto does well and the fed cuts rates, it’s a bad sign for the stock market? Buoyancy in the stock market as stocks have reached its highs? English is not my 1st language
When rates go down (or expected to go down) crypto & stock market goes up. Crypto is a harbinger for the stock market since it is the most extreme risk asset.
Yes. Unrestrained greed has started the end of society.
Why they keep coming up with so many different names
Economy is the group of working people in a country. More the working people are, higher the economy growth will be. For example, in India, population of youth is very high but mostly are unemployed. So a formula is needed where quality over quantity will work.
She talks about used car prices up and semi conductor chips up but hey rate hikes werent fixing that.
Car prices and semiconductor chip prices are NOT up ; YOUR purchasing power is DOWN lmfao 💀
@@sjohnson4285 for a while they were up my point is the rate hikes werent the solution. Do better son.
@@sjohnson4285its both...prices up ...purchasing power down
Lol typical Democrats supporters
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