The thing most don't realize is the currency was devalued so most prices will not correct to 2019-2020 levels .....ever. $1000 in 2018-2019 is now worth $525. $525 will never in our lifetimes ever be worth $1000 again
You probably don't understand how devaluation works. Debt is the new main money supply. If there is a massive default in debts or people start paying off debt and not getting into more debt, prices could fall significantly.
@ I do think they will fall on some items and if energy (input costs) keep collapsing ....that will help as well. I just don't see food prices going back to 2019 levels even though cheaper energy should help some.
Got in the car this morning, oil gauge said "normal", gas gauge said "full" ... checked the inflation guage, it said "Park the car, turn off the engine, and GIT OUT MEOWWWW!!!"
The U.S. economy could genuinely improve if the government started making better decisions for the sake of its citizens. They’ve made life increasingly difficult for residents, and inflation has left those with less shouldering the heaviest burden.
Marathon Oil in Houston is laying off people AND of course they want to lay people off at the holiday season. They all do that nasty but.And that children is what fuels revolution and makes socialism and communism attractive. Mean while the vampires at the top, still get their million dollar salaries and Golden bonuses.Wages are not going up at all, but everything else is. The average man and woman are to put it bluntly screwed.
He didn't say he thinks, he said they are. You'll have to wait until tomorrow to find out why but it sounds like he's calling for a blowout jobs report leading to a major market selloff due to reduced rate cut expectations.
The economic collapse has been delayed as a direct result of government overspending and the 1.7 trillion dollar deficit . Price of gas is lower but a 2.4% CPI is right on top of prices that are already up in the last 3 years by more than 30 % !! This is not good news for a consumer indebted to the hilt and with very low personal savings!! 😮
This is the funniest channel lol 😂 always urgent and in shock yet he makes it to the next day for a new video. I like to watch to entertain myself and get a good 😆
If one doesn't think that A.I. is going anywhere in the next 10 years... then, you don't understand what A.I. is and what it's actually doing and going to do for those in power. They'll have all the new digital toys while, the rest of us get further and further behind. A.I. is a god to these people, it's their 'child' and they are going to 'raise' this child collectively; corporately. I've been studying this for well over a YEAR and am in private group and Forum, one individual one in particular in mind is one that a lot of the devs and comments on the reality of just where A.I. is right now and what's behind closed doors. Its absolutely terrifying if their 'guardrails' on these models aren't IRON clad. (thing is, there's limited range on how effective these so-called guard rails... no matter what they do to 'control' it in full truth) To those of you who have children, YOU know what it's like to raise a child. No matter what you do, at some point... you know that the little deceptions didn't work in teaching them as their growing because they were learning HOW to manipulate and deceive. When they reach their pre-teen and teen years, there's at some point a place where they are going to be defiant and out right rebellious. Imagine that child is raised by an entire city, say Tampa with a myriad of different people, the good, the bad and the very, very ugly. The end result won't be good. What they are ACTUALLY doing is creating and 'entity' they believe they can control entirely... but, as these Devs already know, once that spark happens, (I believe behind the closed doors at GPT, they already have their AGI) Also, this 'edge' in this A.I., I think after talking with a couple of them, begins at GPT5. Slated to be released, kinda' speculated to be around the end of 2024 to early 2025.
Nah, they're nowhere near creating "intelligence" on par with human beings. All they have is advanced chat bots. And the Optimus bots over at Tesla were already revealed to be controlled out of sight by humans wearing sensors. Unlike most keyboard jockeys on the internet, I actually work a real job, namely in manufacturing. A supplier we use recently tried selling us on a new feature with "AI" in its name. Like everything else, it was merely a slightly more advanced algorithm, aided by better processors and memory. No "intelligence" to speak of. And that's the current state of most "AI", probably all of it.
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
Huge shocking Burrito turds exited this morning, an amazing bowl filling experience. Good times with American Standard! Steve what happened to the Banks? Are they not all falling down? Nice dip today, now watch it rip up tomorrow!! 😅😅
Cuts is plural, is it not? Which one is correct: There is going to be cuts. There are going to be cuts. Of course the latter. Otherwise, it would be logically inconsistent to say "there is going to be A cut" is correct grammar, which it is.
Steve, you are a fear monger... what happened on Monday, Tuesday, Wednesday and today...geez I know the saying... you just have to be right once...but this is ridiculous.😅
nobody trust you, One day you probably nail it,but every day in aboat eg 2 years you have sent the "alarming" message. To day i think you are nearer then ever before,but thats no thank to you, People could have dobbelt or 3.dobbelt their investing not following you. So folks. Trade carefully,think your self. Dont listen to doomsday or heaven. Best regards from Norway,
Most people don't care about rate cuts, they care about prices coming down.
The thing most don't realize is the currency was devalued so most prices will not correct to 2019-2020 levels .....ever. $1000 in 2018-2019 is now worth $525. $525 will never in our lifetimes ever be worth $1000 again
You probably don't understand how devaluation works. Debt is the new main money supply. If there is a massive default in debts or people start paying off debt and not getting into more debt, prices could fall significantly.
@ I do think they will fall on some items and if energy (input costs) keep collapsing ....that will help as well. I just don't see food prices going back to 2019 levels even though cheaper energy should help some.
Boy you can say about that again the cost of living is killing all of us get these people to lower our utilities lower the rent and our food
I care about rate cuts because i want cheaper interest on my home purchase.
I'm sorry but anyone watching this channel is prepared to stay in shock and watch the world economy collapse every tomorrow.😜
What are you going to do if the world economy does collapse tomorrow?
It has collapsed
Do you think the world is getting better? Delusional
I've been in suspense since I started watching this channel.
At least I have an idea why the economy is collapsing while idiot democrats accuse Republicans for their parties communist plans
Got in the car this morning, oil gauge said "normal", gas gauge said "full" ...
checked the inflation guage, it said "Park the car, turn off the engine, and GIT OUT MEOWWWW!!!"
The U.S. economy could genuinely improve if the government started making better decisions for the sake of its citizens. They’ve made life increasingly difficult for residents, and inflation has left those with less shouldering the heaviest burden.
It could, but this govt. is turning against it's citizens.
Labor market good????...Recently Intel lays off 15,000, Boeing lays of 18,000...33,000 jobs combined......
And the entire auto sector hitting the dirt
Pepsi aswell. Store closures....
Intel can't make chips and Boeing planes fall out of the sky so it's okay to layoff these useless eaters 🤷 .
Vw auto 1st time in history closing plants in Germany!!
Marathon Oil in Houston is laying off people AND of course they want to lay people off at the holiday season. They all do that nasty but.And that children is what fuels revolution and makes socialism and communism attractive. Mean while the vampires at the top, still get their million dollar salaries and Golden bonuses.Wages are not going up at all, but everything else is. The average man and woman are to put it bluntly screwed.
The world probably rocks, but americans perpetually shocked !!! 😂😂
Watched the whole thing. Still have no idea why he thinks Americans are in for a huge shock tomorrow.
Just started & asked myself this very question - thanks.
It's probably really bad.
you completely missed it? Steve loves kit kats and the store was out of them
It's best just to remain in a state of shock/disbelief while subscribed to this channel.
He didn't say he thinks, he said they are. You'll have to wait until tomorrow to find out why but it sounds like he's calling for a blowout jobs report leading to a major market selloff due to reduced rate cut expectations.
At this point, the inflation rate is almost immaterial because the cost of food alone is unbearable especially for those of us on SS.
Ahh crap!!!😢 Thanks Mr. Steven for keeping us informed**Awesome you Are**🎉
You tole us yesterday that we were gonna die today. I seen a pretty wonky stock market and a bunch of predatory short selling, but I'm still here.
....... I don't think anybody cares, but I have to poop😂
i only care about a recap of your visit
I was hoping for a scary and exaggerated version of, "Get out......Neeeeeeeeeeeeooooooooowwwwww!!!!"
The economic collapse has been delayed as a direct result of government overspending and the 1.7 trillion dollar deficit . Price of gas is lower but a 2.4% CPI is right on top of prices that are already up in the last 3 years by more than 30 % !! This is not good news for a consumer indebted to the hilt and with very low personal savings!! 😮
After the election we will have the CRASH. Early 2025
This is ALARMING.................I JUST SHARTED
😂 lol poops again 💩
👃💩
Why is CME showing 100% the Fed will hike rates to 6% WTF!!!! F my bonds
This is the funniest channel lol 😂 always urgent and in shock yet he makes it to the next day for a new video. I like to watch to entertain myself and get a good 😆
The question is do I need to get out nowwwww
This guy always talking about end of the world.
Everyday something new to be afraid of....Are you borned this way or is it just to get some clicks
Some how I’m not shocked today.
You don't believer the CPI as an honest measure of inflation, do you?
If one doesn't think that A.I. is going anywhere in the next 10 years... then, you don't understand what A.I. is and what it's actually doing and going to do for those in power. They'll have all the new digital toys while, the rest of us get further and further behind. A.I. is a god to these people, it's their 'child' and they are going to 'raise' this child collectively; corporately. I've been studying this for well over a YEAR and am in private group and Forum, one individual one in particular in mind is one that a lot of the devs and comments on the reality of just where A.I. is right now and what's behind closed doors. Its absolutely terrifying if their 'guardrails' on these models aren't IRON clad. (thing is, there's limited range on how effective these so-called guard rails... no matter what they do to 'control' it in full truth)
To those of you who have children, YOU know what it's like to raise a child. No matter what you do, at some point... you know that the little deceptions didn't work in teaching them as their growing because they were learning HOW to manipulate and deceive. When they reach their pre-teen and teen years, there's at some point a place where they are going to be defiant and out right rebellious. Imagine that child is raised by an entire city, say Tampa with a myriad of different people, the good, the bad and the very, very ugly. The end result won't be good.
What they are ACTUALLY doing is creating and 'entity' they believe they can control entirely... but, as these Devs already know, once that spark happens, (I believe behind the closed doors at GPT, they already have their AGI)
Also, this 'edge' in this A.I., I think after talking with a couple of them, begins at GPT5. Slated to be released, kinda' speculated to be around the end of 2024 to early 2025.
Nah, they're nowhere near creating "intelligence" on par with human beings. All they have is advanced chat bots. And the Optimus bots over at Tesla were already revealed to be controlled out of sight by humans wearing sensors. Unlike most keyboard jockeys on the internet, I actually work a real job, namely in manufacturing. A supplier we use recently tried selling us on a new feature with "AI" in its name. Like everything else, it was merely a slightly more advanced algorithm, aided by better processors and memory. No "intelligence" to speak of. And that's the current state of most "AI", probably all of it.
The Market is about to Correct , Big Time !!!! Be Ready !!!!
Could be a bear (beer) trap
Don't be shocked when the market does correct.
I'm in crash position..
FRED graphs are very informative, thanks!
You said this yesterday that something big would happen?
I was just thinking that
Yes trump 2024
still breathing lol
He was right: McDonald's was trading like crazy while i enjoyed my Big Mac, only to finish the day where it started...
It did lol do you not trade NQ if fell over 200 points
Why always tomorrow! Cant it wait?
I cashed out of most my ai stocks to buy altcoins. Next bull run to start
It's shocking, It's alarming, Hell is being unleashed, Get out nooooowww.....
Wait a second; 2 weeks ago was ALARMING too? Holy Moly
Yes Steve is bi weekly on this tragic train wreck of an economy 😅
You believe the Government ??? Ha Ha Ha Ha Ha Ha Ha Ha !!!!!!
If the reporting has been manipulated for political purposes and then its revised downward - Heads will roll….
Over all debt increases 11.2 Billion a day in America
Jump on AI after the bubble breaks but not mee. Silver
the LAST thing this country needs is more financial relief. good lord!
Alarming, Shocking. Emergency. Nightmare. Imminent. Terrible.
What nonsense.
Said the same thing yesterday
Hell is running through the banks today though.
Man, this is the spookiest video ive watched all year
Not confusing to me. Why is a dozen eggs $8.00? Chickens demanding fringe benefits? Something is fishy in the chicken coop?
Giggles
Total B.S!!! Inflation is around 18% ever since that changed the way the calculate inflation so they lie to us
Whats better ctf timer pro or francis hunt hvf method??????????
Employment
Halloween just collapsed
Happy Halloween! Nice background
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
Yay! Halloween background!!
Tomorrow? Sure?
This is alarmeeeooowwww
Huge shocking Burrito turds exited this morning, an amazing bowl filling experience. Good times with American Standard!
Steve what happened to the Banks? Are they not all falling down?
Nice dip today, now watch it rip up tomorrow!! 😅😅
But Steve, is that 48hrs or 24?
What money in my pocket?
Lower prices-not rates.
Nvidia is up again...
We all knew this was coming. Dont pretend you didn't know 😂
Wait til Trump's elected.. then you can talk about the real SHTF and people gouging their own eyeballs out😅
GET OUT NEOWWWWW!
Brrrr very scary boys and girls 😮😅
The schock may be the amount of candy consumed by trickotreaters?
"Are there going to be large rate cuts?"
You didn't answer the question
Good grammer lesson!
Cuts is plural, is it not? Which one is correct: There is going to be cuts. There are going to be cuts. Of course the latter. Otherwise, it would be logically inconsistent to say "there is going to be A cut" is correct grammar, which it is.
Groundhog day
i watched this video listening to 1hour of shreksophone . side by side, perfect fit. GODZZZZILLLLAAAAA
I had to play 1h elevator music while watching
Bahh. You said today was gonna be a disaster. 🤷🏼♂️
AI bubble will pop
No...in 49 hours
Artificial intelligence is starting to sound a lot like crypto. I can see 👀 it but I can’t do anything else with it. Another expensive waste of time.
The wealth effect is keeping spending up
Steve is that the haunted house of junk bonds?
Steve, you are a fear monger... what happened on Monday, Tuesday, Wednesday and today...geez I know the saying... you just have to be right once...but this is ridiculous.😅
The huge hit will be next week
Wendys is close to bankruptcy.
Dave started flipping burgers 😂
Errybody got stopped out today if you're one on those stop loss people.
Always doom and gloom
Tomorrow never comes
Get out MEOOOOOOOOOOOOOOOW
Why the song and dance if everyone knows it's just a race to zero
......HUGE SHOCK😂
What was shocking is the sixe of Kit Kats in my bag!
These youtubers are getting ridiculous
Government spending and monetary stimulus will keep this song going for a very very long time
A normal sell off today no doom
nobody trust you, One day you probably nail it,but every day in aboat eg 2 years you have sent the "alarming" message. To day i think you are nearer then ever before,but thats no thank to you, People could have dobbelt or 3.dobbelt their investing not following you. So folks. Trade carefully,think your self. Dont listen to doomsday or heaven. Best regards from Norway,
This guy is the bear of Wal street
Right meeaaw...
First
Wow steve deletes my comment i am un subscribing
Or is UA-cam shadow scrubbing?
It’s You Tube
Meh Canadian 😂
WARNING EVERYDAY, I GOT IT!~