Raise the interest rates to 12% until inflation is wiped out. Prices need to be brought back under control. All we are doing is putting off and prolonging the next recession.
This would be exceptionally painful, but I also think this is what is necessary. These prices are shoving the locals out of the market and will have tremendous social impact. The kind that can cause an uncomfortable level of social strife. It's the stuff that causes civil wars.
@@raymond_sycamoreif it was affordable it would have sold. Find the estimated cost of your home in 2019 and increase it by 15%… sell it at that price and see if your statement isn’t full of crap
@@Newlinjim how long does a "not historic norms" have to BE THE NORM before you admit it's the new norm? Seriously. 16 years is a LONG time and now everyone who doesn't own wants to say "It's not the norm!"
@@EthanFlynn Fear. The FED is basing rates on consumption inflation instead of Treasury monetary policy inflation. You can’t tell me the FED is unaware of this.
🎉🎉🎉 Hi 👋🏼 Ethan I really appreciate how you cover so much more than just the Nashville area market. This is important stuff that we should all know about. Blessings, Carlos
The current administration is saying “look here, not over there”. Even if we are lucky enough to vote out this drunken sailor of an administration. How long will the recovery time be to get us back on track financially as a nation?
Spending with no conviction. It’s terrible. Unfortunately I don’t think Rs will get us there. No branch of gov on either side of aisle is fiscally conservative.
We’ve been ‘off track’ as a nation since 1971, what gives you the impression anyone will get us on track. Best advice is handle your own finances and stop depending on a government.
Excellent video Ethan. Thanks for the education on treasuries, and I have realized this for quite awhile what Yellen is up to. We’ve done nicely on 3mo-1yr treasuries over the past year or so. I believe the curve steepens with the long end seeing higher yields. There’s a chance the Fed will actually have to raise rates if they cut them, as services inflation is still significant and until housing cracks, services inflation wont come down.
@@EthanFlynn The markets, media, and politicians are expecting the Fed to make at least one cut this year. Lots of pressure on them but Powell seems pretty tough and I think he will continue to focus on actual data. Maybe I’m naive.
@@EthanFlynn it’s simple,money is like water in that it finds its level. When they dropped rates to effectively zero they removed an entire asset class from existence. That money flowed into equities and housing @ the same time the printer ran 24-7 for Covid. Rates backed up from zero but the printer is still running 24-7 under higher interest rates. Lower rates and that liquidity now in Treasuries flows right back into what’s now an even overvalued equity/housing market. Problem is you don’t benefit unless you have the liquidity or access to leverage.
That's the big question, when Powell lowers short term rates in Sept, Nov, and Dec, will it overheat the economy, causing more inflation, so long term rates rise. Normally when short rates drop, long rates drop. Andy has said he is short the long end expecting them to rise.
No,the reality is the FED doesn’t matter. The inflation he is ‘fighting’ is not the cause but the result of our government requiring debt issuance @ levels far exceeding demand. Nobody is buying 30yr debt @ 4% while the debt issuer continues to double down on future issuance. That’s why the yield curve is inverted.
To be successful, you need to make plans and work towards them. Investing is still the smartest way to prepare for the unexpected. I have been investing consistently for 6 years and I am extremely pleased with the returns. For anyone who wants to start; The good news is - it's never too late to start.
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
If Yellin had any financial skill we would not have a 35 trillion dollar debt. You guys refuse to acknowledge the elephant in the room: she's intentionally destroying the financial system behind a smokescreen of undeserved status.
I find people with different views can still offer perspective. If I dismissed everyone because they believe something I don’t I wouldn’t have anyone to listen to.
Reach out here: www.ethanflynn.com
Interview from Blockworks: ua-cam.com/video/I-HembzMIvA/v-deo.htmlsi=AMor24hSekAPjZD8
Raise the interest rates to 12% until inflation is wiped out. Prices need to be brought back under control. All we are doing is putting off and prolonging the next recession.
This would be exceptionally painful, but I also think this is what is necessary. These prices are shoving the locals out of the market and will have tremendous social impact. The kind that can cause an uncomfortable level of social strife. It's the stuff that causes civil wars.
I have a house listed well under market with no offers. people don't want affordable houses.
@@raymond_sycamoreif it was affordable it would have sold. Find the estimated cost of your home in 2019 and increase it by 15%… sell it at that price and see if your statement isn’t full of crap
@@raymond_sycamore The real market or the market of the last 15yrs?
@@Newlinjim how long does a "not historic norms" have to BE THE NORM before you admit it's the new norm? Seriously. 16 years is a LONG time and now everyone who doesn't own wants to say "It's not the norm!"
100% that’s why Janet is doing it
Because of fear or to pump the market for election?
@@EthanFlynn Both.
Voting for Harris is like pooping your pants and just changing your shirt. You have the same mess only worse.
@@EthanFlynn Fear. The FED is basing rates on consumption inflation instead of Treasury monetary policy inflation. You can’t tell me the FED is unaware of this.
@@EthanFlynn - could be a mixture of both -- but certainly the absence of China from debt auctions cannot be ignored
Great video from Charlie, thanks for including it, basically buy a house that you can afford, no need to time anything.
Great stuff as always!
🎉🎉🎉 Hi 👋🏼 Ethan
I really appreciate how you cover so much more than just the Nashville area market. This is important stuff that we should all know about. Blessings, Carlos
Awesome! Thank you!
I’m broker in CA and I get value from your videos
The current administration is saying “look here, not over there”. Even if we are lucky enough to vote out this drunken sailor of an administration. How long will the recovery time be to get us back on track financially as a nation?
Spending with no conviction. It’s terrible.
Unfortunately I don’t think Rs will get us there. No branch of gov on either side of aisle is fiscally conservative.
I think we are past fair elections. Will be rigged
We’ve been ‘off track’ as a nation since 1971, what gives you the impression anyone will get us on track. Best advice is handle your own finances and stop depending on a government.
@@Newlinjim I was referring to government leaders and their spending not my personal spending
Andy is the real deal.
He is awesome. Great resource.
You explain things really well. Keep it up, your channel will be huge. Great lighting and exposure by the way.
Thank you Mike. I appreciate that!
Excellent video Ethan. Thanks for the education on treasuries, and I have realized this for quite awhile what Yellen is up to. We’ve done nicely on 3mo-1yr treasuries over the past year or so. I believe the curve steepens with the long end seeing higher yields. There’s a chance the Fed will actually have to raise rates if they cut them, as services inflation is still significant and until housing cracks, services inflation wont come down.
Interesting point! I wonder what happens when the fed cuts. Very worried inflation hits again.
@@EthanFlynn
The markets, media, and politicians are expecting the Fed to make at least one cut this year. Lots of pressure on them but Powell seems pretty tough and I think he will continue to focus on actual data. Maybe I’m naive.
@@fastmph It’s possible! Given that he printed money while inflation was running over 7%. Not sure he has the credibility to be predictable.
@@EthanFlynn it’s simple,money is like water in that it finds its level. When they dropped rates to effectively zero they removed an entire asset class from existence. That money flowed into equities and housing @ the same time the printer ran 24-7 for Covid. Rates backed up from zero but the printer is still running 24-7 under higher interest rates. Lower rates and that liquidity now in Treasuries flows right back into what’s now an even overvalued equity/housing market. Problem is you don’t benefit unless you have the liquidity or access to leverage.
That's the big question, when Powell lowers short term rates in Sept, Nov, and Dec, will it overheat the economy, causing more inflation, so long term rates rise. Normally when short rates drop, long rates drop. Andy has said he is short the long end expecting them to rise.
This is the big question. I’ve learned a lot from Andy.
No,the reality is the FED doesn’t matter. The inflation he is ‘fighting’ is not the cause but the result of our government requiring debt issuance @ levels far exceeding demand. Nobody is buying 30yr debt @ 4% while the debt issuer continues to double down on future issuance. That’s why the yield curve is inverted.
At least you're being honest, Ethan. Nobody has a freaking CLUE what the hell is going on, and us sellers are completely screwed now.
Great insights
Thank you!
To be successful, you need to make plans and work towards them. Investing is still the smartest way to prepare for the unexpected. I have been investing consistently for 6 years and I am extremely pleased with the returns. For anyone who wants to start; The good news is - it's never too late to start.
bitcoin does not pay any yield but will reward you with growth that you can't find in any other asset class
look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Evelyn Infurna. I am at $128k right now and LOVING that you have to bring this up here
They will crash stocks to save bonds.
If they do, I’m not convinced it will have the outcome they are expecting.
Yellen is a criminal that should be investigated and sent to jail for life.
PHDs never go to prison,and never face re-election.
If Yellin had any financial skill we would not have a 35 trillion dollar debt. You guys refuse to acknowledge the elephant in the room: she's intentionally destroying the financial system behind a smokescreen of undeserved status.
I don’t know her. But not a fan of what I see.
bitcoin does not pay any yield but will reward you with growth that you can't find in any other asset class
You've become one of my favorites.
Wow. Thank you!
✌️✌️✌️😯✌️✌️✌️
✌️
Real Estate is DEAD. R.I.P. I lost before I could sell.
Oh no! Really? Care to share your story?
You must have bought into the FOMO pricing after 2019.
Roubini is vocally proud to pay 52% income tax (look it up simp) so I wouldn't consider anything he says to be sane.
I find people with different views can still offer perspective. If I dismissed everyone because they believe something I don’t I wouldn’t have anyone to listen to.
Janet yellen forcing homelessness