‘DEVASTATING’: Charles Payne issues stark warning to investors
Вставка
- Опубліковано 15 лют 2024
- ‘Making Money’ host Charles Payne reacts to the hotter-than-expected PPI report, Bitcoin’s latest rally and tech stocks during an appearance on ‘The Big Money Show.’ #foxbusiness
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusiness.com
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness
I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q4, 2023. Right now i am just looking for ways to recover in 2024.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
Her name is 'Melissa Rose Francks' can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I would avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I've entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Lisa Angelique Abel 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 this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Evelyn Alicia Schoenholtz' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I am 75. If I had taken all my assets (home sale profit + IRA) and simply put them in CDs, I’d be better off today than having relied on the advice of an investment advisor. Yes, I made money, but then lost a huge amount in 2008, and then again in 2020. Using an investment advisor is nothing more than a shell game.
You sir are 1000% correct!!!!!
CDs didn’t pay anything till last year
If you had all your money in VOO you would have been ahead, you probably gambled on individual stocks
@@markl1473 Not intentionally. That’s my personal experience.
@@jrm2383 But they didn’t lose anything, either.
Watching the crypto market's ups and downs shows how quickly things can change. In crypto, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 1.2Biitcoin to a decent 9.4Biitcoin... I'm especially grateful to KERRIE FARRELL, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape….
She's often interacts on Telegrams, using the user-name.
@Kerriefarrell
Scammers be scamming
The market is way over inflated! Just like it was right before the great depression!
@@arae1977 The main difference was many lived on farms then and could grow food. That is not the case today. It will be far worse!
Smart people study history my friend. Good job! It's a never ending cycle. They get all the new investors feeling confident and pull the rug out from under them.
The roaring 20s repeats itself.
@@lawrenceleverton7426 Yep! Everybody thought things were going great and then the big collapse. All the signs are there!
Maybe, but I’ve been hearing that prediction for years
The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $121k to put in the market as we anticipate a crash. Any recommendations?
Be careful not to jump into trading without any proper training because it can be very detrimental. Many folks jump into trading only to suffer great loss at the very beginning. Do not try to imitate advice you get on the internet. Better still, ask questions. Get the services of a professional stock expert or a licensed broker.
Yeah, this makes sense. You'll tend to get a lot of recommendations, but most would be inaccurate. I personally don't like engaging in those mundane decisions, so I just allow a wealth manager do them for me. Been doing that since 2020, and have pulled in a cumulative of more than $213k.
Please, could you recommend the FA you work with? I could really use some help right now.
She goes by ‘’Heather Lee Larioni" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you for sharing, I must say, Heather appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
Soon they will be talking about what rate is needed to draw in buyers of Treasuries, not what rate is needed to quell inflation. The tail is about to wag the dog.
Wow. You mean markets have some say in this? Hmmm.
Dog here Ive been busy locking up Illegals and not paying attention to my portfolio If Charles says sell, im doing it , forget about Cramer
House of cards
We're almost there, the only way to be certain is to let them QE into inflationary conditions. That's going to happen this year.
There will be one buyer at zero bound rates. That's the Fed. Time to monetize the debt.
Asset, bitcoins are not assets by any definition other than thin air...
Good, keep talking that trash, there will be more for me to buy!
Oh? 😂😂😂😂 tell that to folks who bought bitcoin under 1k 😂😂😂
It's an asset the same way a piece of paper (cash) has value, or the digits on your computer screen say that you have money in the bank (or don't) ... think about it.
The Bitcoin price represents the value of the network…and that value can be determined by its transaction volume.
@@benroberts9995it’s just numbers on a screen
America is in BIG trouble - FIGHT FIGHT FIGHT
Keep it up Americans
America is in Big trouble. 34 trillion in debt and no end in spending? Our money will be worthless. Who has the money to buy the assets lost due to bankruptcy? This is Germany after WW1. It is coming to America. We the folks will be destroyed. It is coming.
The only difference between Democrats and the communists so far the communist opposition has been killed communist democrats lie and try to break their opponents through bogus court cases.
Fight what?
@@daytonabeachUSA FREEDOM. and America
America is Babylon....it's over Folks. Bad guys Win.
We had the same type of frenzy in 1929. The market was booming, everything was great...for a while.
Poised to rally….ffs are you kidding me?
Debt is killing us/U.S., Service on the debt is unsustainable.
Wait till they recognize there's 1.3 Quadrillion plus carry expenses carried "off balance sheet" from 2008 toxic derivatives losses and another Minsky Moment imminent with over one SEPTILLION in notional derivatives exposure. Good luck 😂
This is exactly what almost nobody understands. In 2023 the interest payment alone was 1.2 trillion. Then add in 4.5 trillion for entitlement programs and about a trillion for defense, and we were 2.5 trillion in the hole for the year, which makes the interest payment even higher in 2024.
We're on track for the interest payment to exceed federal revenue in 5-7 years, and that's when the real nightmare begins.
@@hlfcoder7466 they're also oblivious that there's 1.2 Quadrillion in toxic derivatives losses plus interest carry cost expenses held as "off balance sheet" and "reinsured liabilities" since 2008 AND there's over one SEPTILLION in notional derivatives exposure about to "implode." It's way more serious and way more imminent than most are aware. Rising nominal interest rates will make that carry cost "unsustainable" immediately and 10yr rates align with GDP so "they" can't even let GDP expand so escape velocity is not possible. The Minsky Moment is literally here. Look at the price action of the key indices and precious metals last week. I think next week could be devastating to bulls.
Mr. Payne, thanks so much for your hard work and concern for our Nation!
It’s not a rally. Lol. It’s a bubble
It's rigged by the FED.
Yeah, yeah....its a bubble, a ponzi, sorry you missed the boat.....the boat load of money you could have made if you had any foresight.
U still believe in these coins 😂 i hope ur just in it for the rally profit... btc is a joke st the heart of it or some kind of method to mske oeople broke @@pjotts9793
I guess the "stark warning" comes at the 6:14 point.
"... sometimes you gotta time the crazy stuff."
Mostly means don’t buy stuff with super high valuations and consider selling what grows into a super high valuation.
Don’t pay five times more for the same amount of earnings or cash flow.
If you’re in index funds, mutual funds, no need to time ever
People have no choice but to spend a lot, since everything is expensive as hell and many corporations are making big profits on the back of huge price increases and people feel like they have no choice. If i were most people I would force prices down by not buying anything that they dont truly need to survive.
The American people do have power...they just don't realize it. One simple example...the cost of eggs shot up and the people decided they could live without eggs, so the price of eggs came back down.
Inflation is actually good for asset prices. But only those who invest or have assets can and will benefit. Usually those who are complaining don't have assets that benefit from high prices. Inflation, deflation its cyclical. This is just a normal part of economics.
This is why we need to eliminate money and move to a pure barter economy. Money was invented because people didn't want to constantly be weighing gold but now we have computers. We should have debit cards that allow us to buy things using any commodity or equity we want and then the person on the other end receives payment how they want and the computers make the trades @@PeterParker-wj3cr
Love Charles and his analysis
I haven't had cable for years. To hear a real show talk about crypto is crazy.
Blockchain / Crypto is nearly as big as the internet itself. It’s still early.
@@nolebucnaround8350 I never understood the bragging about the bandwidth inefficiency of crypto, but okay.
Bitcoin has been the best asset in 8 of the past 11 years. Don't talk about it!
The Dow and S&P are record highs. Just be safe.
Soon, a downturn might not have a bounce back - for years.
I highly highly doubt that. While i agree that the economy might not get back to 2021 levels, its absolute ignorance to think it wont grow from whatever bottom it hits. Either you think people are mindless drones, or every now developing country is going to somehow become developed and wealthy without foreign investment. Both highly highly unlikely. @@brucesheehe6305
@brucesheehe6305 many will follow the cash off a cliff because of greed
But only because of 7 stocks. The ''Magnificent 7"
The other 493 aren't really talked about for obvious reasons.
@@earlbrownis it the seven stock thing that is the issue OR is it that what they trade/offer is revolutionary and no other company is positioned to leverage that technology? In other words, could this rocketship performance be justified...as unlikely as it seems.
The stocks way overpriced!!!!!
What is bad is shown as good and all thats good is covered.
Thanks Charles.
I love Charles!❤I learn so much! I do have to look up what he’s talking about sometimes.😂😂😂
I go on his show every so often and he is shockingly thorough-he does far more due diligence on his guests and markets and macro in general before bringing you on. He may not tell you what he plans to ask (least in my case, as I’m a generalist Macro PM) as some others do, but he lets you speak the truth or at least as you see it! Many other anchors know exactly what they want you to say before you even join the show and if you try and pivot, they cut you off. I won’t name names, but Charles is an exceptional host. 🎉🎉❤❤
@@emma.muhleman I used to watch Charles all the time. He gives good advice and is usually correct.
Man, it will be EPIC when it all crashes....
It's closer than you think
Watch and learn 😂
The warning signs are everywhere. Even with skewed suspicious data. The rumors are percolating here there and everywhere. Many a 401k will suffer. One communication/ infrastructure failure away from a disaster in the markets. The "implosion" in this economy is not a matter of if, but a matter of when. Its almost at runaway speeds. Repos up, pawn shops filling up and debt rising on average consumers. Horde some cash folks if you can and keep your tank sorta full. Get that freezer if you don't have one. Don't be paranoid but work on being prepared. Reduce your extraneous bills a little at a time. The time for small sacrifices is today. Tick Tick.
House of cards
@spatialmemory5040 sell at a loss then fool. Not financial advice
Just because Wall St is offering etfs is still doesn’t mean Bitcoin isn’t a Ponzi scheme. Wall St just wants in on the deal. I’d rather buy gold bars than a digital code
Traditionally IPOs are down 40% one year after the offering date. Wrapping the derivatives around Bitcoin is by design to do the same. I would expect a lot of pressure on the price of Bitcoin next 12 months. Like how they "manage" gold and silver and energy etc. watch and learn 😂
Vanguard and a few others have rightfully avoided it, at least for now.
Why is bitcoin a ponzi and not valuable compared to literally ANY other software in the world?
I’m by no means an expert on blockchain technology but Bitcoin seems to be a cash vacuum for gamblers. Eventually the house will take all the chips
@@ginor8416 Go ahead and short sell some and learn how wrong you are.😂
Great show!
I guess we can expect a revision of the PPI since they keep lying about everything else and have to later revise it.
I wonder what part of this “rally” is retail buying,mostly through 401k etc,My guess is quite a lot and highly focused on a small number of companies
401ks are always buying, aren’t they?
@@danstevens6515 There’s no set answer to that question. Depends on how you have it distributed and who manages your portion for you
But hey let's allow Obiden to put out more "low unemployment numbers lol"
Obiden 😂
Consumer confidence is up.
Unemployment is down.
Wages are outpacing inflation.
Joe's on a roll.
Don't forget cutting $100 billion dollar checks to other countries for their war expenses.
@@carlostuggle6515😂😂😂😂Really 😂😂😂😂 what world do you live in 😂
@@Granny2470
Reality
great job Payne
That should be President Charles Payne!!!!
Payment voted on Skin color...😂😂😂😂
@ti🙄🙄🙄🙄🙄really foolish how yall base presidential candidates abilities obviously mhansn362
Maybe increase in inflation, and a rate hike?
I’m devastated!
good stuff
Payne is something. A very big, smart guy. Sadly too smart to run for President. Imagine, a guy with a brain running the country.
Who would be his VP, Scottie Nell Hughes?
@@realSamAndrewScottie Nell!! Any other race, esp back then when Boling, O'Reilly and head of Faux were canned, would've been gone.
We could've had a smart, ethical, courageous POTUS running the country--Ron DeSantis! But Americans stupidly prefer Bread and Circuses, not competent leadership.
Charles Payne is great. Appreciate the interview.
I agree. One of the very very rare TV personalities that doesn’t give misleading advice. From what I’ve seen he makes a really clear line between which of his statements are applicable to traders vs value investors
If you're long term forget about all of the noise.
Of course, no one is waiting for their tax returns before spending it.
This stock market rallys of BIDENOMICS is strickly purely insider trading manipulations of the stock market. Rich boys manipulatimg markets doing ahorts n longs. Prove me wrong
sorry you're rooting for a recession, but it won't happen and Donnie needs your cash $355 million poorer today HEHE BIden'24 the non fraud-assault choice !!
The markets were up under Trump. It's all he talked about. Now the markets are up under Biden. America's economy grows no matter who the President is. This is why America is the greatest countries in the world. So leave politics out of this.
Cant
@@PeterParker-wj3crit’s the greatest country because people with money can make fortunes without working while working people struggle to pay rent?
I agree!
How is the market at an all time high when consumer spending (70% of America's GDP) is dropping whilst personal consumer and national debt is skyrocketing?
Can America afford to stop printing money?
Modern economic theory and all in taxpayer funded boom bust dynamics. The experiment is on the precipice of another Minsky Moment orders of magnitude greater than 2008. Derivatives notional exposure is over one SEPTILLION. Very serious event is imminent. Watch and learn.
It'll rally until every US dollar is siphoned
Too funny ! Them boys on Wall Street and Hedge Fund Paradise got them BIG Hoovers cranked up to suck it ALL down
@@dave9351 Hoovered in is right!
I saw a chart the other day-- can't crash yet because retail investors are not fully margined yet. . .
us dollars are infinite 😉
@@resmartedthey are
Just a rigged market!
Eastman-Kodak, Atari, Nokia, Blackberry... 😮 whose next? 👀
When Payne talks, people run away.
Does this warning have an expiration date
We are in a quiet depression.
????????
Stocks all time high, wages up, unemployment down, consumer spending up, GDP is up. No, we are not.
Charles Payne tell us some GOOD news !
All bs
as is everything on tv and the internet
Charlie is the best.👍
People always need to contextualize "why" the market does this or that. The truth is sentiment drives price and the "fundamentals" come out in the technicals first. The market is going to top in the low 5K region between March and April and crash to 3300-3500K on the SPX. When we get there, people will be talking about what event caused this, when in reality it's in the technicals now. The market is grossly overbought but it's going to quickly become cheap.
Mark your calendar.
I put all my shorts on this week
Auto maker last year bottom line 5.4 percent but had to raise prices cars and😅 truck nearly 30 percent price sold retail DUH 🙄
Fed needs to raise rates asap.
More people are figuring out where the money is at.
Rutroh. Looks like 1929 was "an inconvenient time" compared to what's coming. Batten down your hatches.
What is bitcoins value based on? Thanks.
Bubble will pop big time soon
Taylor looks like Donna on Suits
Milady Meme Coin is the next top alt coin
Where is the “ devastating” part? What did I miss?
Charles is the only financial host on TV that gives you both sides of the picture!
How much for that sandwich?
$4.75
I'll take two. Got change for a bitcoin? 😅
More like 10.99 for that sandwich…plus taxes. Oh you want fries? And a drink? That’ll be extra!
@@deandremason2457 No change for that 20 dollar bill.
Take your money and businesses out of New York before they steal everything you own
Steal what you have through inflation
and yet the indexes are green once again.
Take 5 teck stocks out of stock market then what’s stock market value ? Negative eh?
I think rates will increase to attract Treasury buyers.
Stocks are about to have a massive "risk off" event and minimum 15% drawdowns - probably 30%+ a true "crash" by definition. Treasuries will experience a reflex "flight to quality" rally and nominal rates will head lower. Probably next week. Watch and learn 😂
People who buy Bitcoin instead of Gold and Silver Bullion will be in for a rude awakening when the house of cards comes crashing down.
Better late in the narrative than snoozing , Hey !!!
Explain how the stock market is helping the average American citizen,sure if they have a retirement account but if you touch it you pay penalties if your not retired . If you own some stocks middle class American may own 5k the quarterly dividends 8-10 dollars , it’s the real economy the day to day people. The stock market is a separate economy.
I'm an average American and I made roughly 20k on the stock market last year. Not enough to get rich by any means, but certainly nice supplemental income. I don't rely on quarterly dividends though. I pay attention, then buy low and sell high.
In fact, I made most of that buying and selling the same gold mining stock over and over again for about a 3 month period. I figured out where the floor and ceiling were, and just bought and sold it repeatedly until it bucked me.
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
*Natalie Marie Gentry* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks for the lead
I don't see how you can invest in the stock market. The global economy is vulnerable. All they have to do is sink one ship in the Suez Canal and the supply chain is screwed.
Down the toilet it goes.
Crash baby Crash 😅😅😅😅😅😅
Cuz I got cash baby cash
Says the guy with no skin in game
Corporations are committing to the largest job/earnings report fraud in human history. How they've been able to fool investors this long is beyond amazing lol
Why do you need rate cuts when the Federal Reserve is Pumping Stocks? Bazzzar World
How much is Putin Protection Inc stock?
Should JP Morgan Chase be shut down?
So what they're saying. Major recession is coming near you. Scarly!!
Recently heard what The New York New York City mayor said about businessesso be careful. And don't say That you are a republicanepublican because they might come after you
The big 7 are keeping this market going
Stay away from bitcoin or crypto….
ok boomer
How sad is it that people today do not know the phrase "final solution"? Completely dumbed down by the Federal Bureau of Education. The End is very near.
Can u buy a candy bar gasoline food cloths ect on daily basis with bitcoin ????
Way to much politics and not enough economics!
Stay away from Bitcoin….
ok boomer
investors/shareholders are the GREEDIEST people what good are they if nobody is buying anything
I believe because so many people got into investing there saying and doing whatever to make investors to get out of the market.
there were 3 rate cuts priced in for 2023 .. what happened there ?
Stock market propaganda.
I’m all in bonds ,,just take me interest income,,6.25 percent but I sleep well,,don’t care about value because I never have to sell them, I’ll hold them to maturity 30 years, don’t think I’ll live that long, but I’ll leave them in a trust to my son
The market movers are trying to suck in the 6T in money markets. Once they get as many to buy as they can they will dump their shares and crash the market. The longs will be forced to sell and down she goes. How far it drops is anyone’s guess.
RATE CUTS???????? INFLATION IS STIL GOING UP! YOU NEED INTEREST RATES TO GO UP TO ABOUT 15% TO HAVE ANY AFFECDT ON INFLATION! THE MONETARY SYSTEM IS IN BIG TROUBLE.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors 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 I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Christine Ann Podgorny is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
50b coming into the market monthly from 401ks. Does that help prop up the market when there is guaranteed money coming every month?
I wonder the same thing. Every week millions of people get paid and stocks are bought through their 401ks , I would think that this would affect the market a lot and it’s never discussed
I believe his explanation of Bitcoin. I like tracking the collector car market and have been blown away by the prices at auctions and otherwise. I’m like who’s driving the market? Simple answer - Bitcoin!
If a person could truly predict the market, they’d be on a yacht with supermodels instead of wearing an uncomfortable suit & talking on TV
Like the wolf of Wall St and throwing midgets at velcro walls in the office. lol
The top will be right after Nvda reports earnings then the rug will be pulled
The problem with Bitcoin is greed, if it goes to 50,000 they wanna hold it till 100,000 if it goes to 75,000 they want to hold it till it’s 100,000 they will all get caught again
Sheeit!
8 to 3 not bad
So many want a crash