I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Nicole Miller.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Bingo! A 5.25% rate is NOT too tight if we are sustaining a 6%+ deficit spending, tappering QT, Fed's BTFP, Treasury issuing record high t-bills instead of bonds, etc. There is plenty of liquidity injection going on.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
It's a pity many people still believe that, making profit from crypto is all about holding till it rises, honestly it takes time and could crash at anytime..
The process of trading can be complicated when you have zero knowledge. However, with the right professional strategy and setups, you can be successful. That's the whole point of investing.
Neil is consistent: in his world, "everyone" (a word he mindlessly uses repeatedly) is/was wrong and he is/was right. In his world, he's the only person who did not think we'd have a recession last year, which would be news to GS and all the others who never bought into the recession call. Also, as was pointed out on Bloomberg yesterday morning, Neil cherry picks his data much like many other people do. His arrogance prevents him from seeing this. Not that any of this means he wrong about anything in particular; rather, it's just that his shtick is getting old.
Ive been noticing this too over the last several months from all the UA-cam maccro people. The fed is always wrong, they've been wrong for years, and the terrible consequences of their mistakes are just about to hit. For years it's been the same story. Could you imagine if someone got on one of these podcasts and said look, the Fed is full of smart people, they more or less know what they're doing, they're more or less in control, things are relatively good in both the markets and the economy more broadly. Heads would explode, they would be laughed off of youtube, but they would have been proven right.
{sniff} The guest reeks of confirmation bias. That fact that he cites the NBER like it's gospel undermines his own thesis about business relevance of statistics, because the NBER proclaims a recession quarters after it officially begins, long after the proclamation would have any meaning to business. Those of us invested in the market don't wait for the NBER, we go risk off when the unemployment rate creeps up 50 basis points.
Why is it that not a single bear correctly predicted what actually happened in the economy and market? But when Neil correctly predicts what did happen, he's crazy. Bears are naive emotional newbies
Think about it, if the revision number is assumed to be correct and the number was released not as revision but as the first number, would the market behaved the same? To say that revision number doesn't matter, then why even correct it. It didn't matter anyway?
If it wasn't corrected, then the numbers would be even more hokey than they are.. Oh wait, my bad, I can't interpret correctly that the numbers are always the numbers according to the guest. And the Phillips curve is a thing.
The data is never wrong!!!! Spoken like a Democrat first, intelligence second. The data is always wrong, or manipulatively created. Why did the “super-core” come out of nowhere?????
He's literally saying, "It makes no difference how the real economy is doing. All that matters is what the fake data is saying, because that is how markets move."
Perhaps, but governments fight tooth and nail to prevent such. The guest is basically a stagflation denier, and governments prefer stagflation over a deflationary depression.
If you compare to Howell or Mosler for example this guy really has no coherent framework for analysis. Maybe in another interview he actually explains but it is lacking compared to other guests. Or at least he didn’t really express it well. So how can we even say he was right about anything?
Forward Guidance is sponsored by Van Eck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at vaneck.com/MOATFG
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Nicole Miller.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Nicole Miller too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
If the fed listened to this guy we would be in a depression
He more or less agrees with the Fed. And how can so many PhDs (in the Fed) be so wrong? But somehow, they are.
I dont think 5.5% interest rates are that high given the insane amount of g9vernment spending.
Bingo! A 5.25% rate is NOT too tight if we are sustaining a 6%+ deficit spending, tappering QT, Fed's BTFP, Treasury issuing record high t-bills instead of bonds, etc. There is plenty of liquidity injection going on.
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
It's a pity many people still believe that, making profit from crypto is all about holding till it rises, honestly it takes time and could crash at anytime..
Yeah I think the reason why they're holding of crypto is because they have zero knowledge of trading and scarced of losing their funds
The process of trading can be complicated when you have zero knowledge. However, with the right professional strategy and setups, you can be successful. That's the whole point of investing.
Get yourself someone who understands the market very well and is also professional in the placement of trades. that's the key
The professional is Mrs. Alexia Fox.
I have lost a lot trying to invest on my own.
Economic accident? They're not going to lower the rate UNTIL an "economic accident" occurs.
Exactly. Which by then is too late by definition, because of lag effect.
I would love to see this man debate Daniel DeMartino Booth
Neil is consistent: in his world, "everyone" (a word he mindlessly uses repeatedly) is/was wrong and he is/was right. In his world, he's the only person who did not think we'd have a recession last year, which would be news to GS and all the others who never bought into the recession call. Also, as was pointed out on Bloomberg yesterday morning, Neil cherry picks his data much like many other people do. His arrogance prevents him from seeing this. Not that any of this means he wrong about anything in particular; rather, it's just that his shtick is getting old.
Ive been noticing this too over the last several months from all the UA-cam maccro people. The fed is always wrong, they've been wrong for years, and the terrible consequences of their mistakes are just about to hit. For years it's been the same story.
Could you imagine if someone got on one of these podcasts and said look, the Fed is full of smart people, they more or less know what they're doing, they're more or less in control, things are relatively good in both the markets and the economy more broadly.
Heads would explode, they would be laughed off of youtube, but they would have been proven right.
Well said
{sniff} The guest reeks of confirmation bias. That fact that he cites the NBER like it's gospel undermines his own thesis about business relevance of statistics, because the NBER proclaims a recession quarters after it officially begins, long after the proclamation would have any meaning to business. Those of us invested in the market don't wait for the NBER, we go risk off when the unemployment rate creeps up 50 basis points.
Great job Neil
Why is it that not a single bear correctly predicted what actually happened in the economy and market? But when Neil correctly predicts what did happen, he's crazy.
Bears are naive emotional newbies
Think about it, if the revision number is assumed to be correct and the number was released not as revision but as the first number, would the market behaved the same? To say that revision number doesn't matter, then why even correct it. It didn't matter anyway?
If it wasn't corrected, then the numbers would be even more hokey than they are.. Oh wait, my bad, I can't interpret correctly that the numbers are always the numbers according to the guest. And the Phillips curve is a thing.
Explain to me why SOFR needs to be less than 5.0 % for an economy to be prosperous
You can't, because the SOFR didn't exist 10 years ago, and the LIBOR rate that it replaced was proven to be cooked.
Well SOFR spiked now. HB now?
Everything you’re saying makes sense. However, it all depends on how accurate the data is. There’s a lot of conflicting information out there.
good interview - very sensible takes
The way I see if they can start cutting 25s soon or they can wait and start doing 50s and 100s with the s&p down 20%
tomorrow PCE lower and July higher... result...higher for longer...
Where is this guy getting his data? I don't know anyone who thinks the labor market or the economy is good. Is he on DMT?
@@randomanon7040 I mean it's good for me. Guess it depends.
He could be on endogenous DMT, without licking any frogs. The confirmation bias is strong in this one.
The data is never wrong!!!! Spoken like a Democrat first, intelligence second. The data is always wrong, or manipulatively created. Why did the “super-core” come out of nowhere?????
buy bitcoin 🚀🚀🚀🚀
Why would they cut?
Assets are high
and unemployment is low.
Inflation is still high.
Catch 22. Can keep fighting inflation or fight unemployment. Fed is responsible for both
Japan banks. FIMA repos can only go so far
Annoying knows it all dude .. hard to listen to….
Thanks Jack 👍
Is it really an accident if intentional
He's literally saying, "It makes no difference how the real economy is doing. All that matters is what the fake data is saying, because that is how markets move."
32:16 😃maybe the data is fake?
Hehe, like the LIBOR was?
Thanks guys
Deflationary depression on the way
Perhaps, but governments fight tooth and nail to prevent such. The guest is basically a stagflation denier, and governments prefer stagflation over a deflationary depression.
With the confidence this guys pushes id think his office would look nicer.
Been huffing his own farts it seems
This guest should at least have been challenged on one or two questions !!!?
Keep the rate at 5% forever. The Fed will not cut this year.
why are you interviewing finance bros?
? name me an economist who has been more right over the past 18 months
@BlockworksHQ lolz
If you compare to Howell or Mosler for example this guy really has no coherent framework for analysis. Maybe in another interview he actually explains but it is lacking compared to other guests. Or at least he didn’t really express it well. So how can we even say he was right about anything?
this guy is a hack
? name me an economist who has been more right over the past 18 months