Word-renowned expert on economy makes call on odds of recession

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  • Опубліковано 17 лис 2024

КОМЕНТАРІ • 75

  • @user-wt6zf4ek9k
    @user-wt6zf4ek9k Рік тому +57

    Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

    • @EmilyMoore-n7n
      @EmilyMoore-n7n Рік тому +2

      At present, my main concern is finding ways to boost revenue while facing periods of quantitative easing, as I cannot afford to watch my savings diminish.

    • @laszlolee
      @laszlolee Рік тому +2

      As the current season is a sensitive one, there may be limited options for you to take independent action. Therefore, my recommendation would be to seek out the guidance and support of a financial expert who can offer valuable information and assistance.

    • @AdamGreene222
      @AdamGreene222 Рік тому +2

      @@laszlolee How can I contact your Asset-coach as my portfolio is dwindling?

    • @laszlolee
      @laszlolee Рік тому +2

      @@AdamGreene222 I'm been guided by "Susan Bauer Normansell," who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.

    • @AdamGreene222
      @AdamGreene222 Рік тому +1

      @@laszlolee Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @pattitaylor6509
    @pattitaylor6509 Рік тому +7

    Food prices haven’t came down

    • @OneWildTurkey
      @OneWildTurkey Рік тому

      No, but the speed at which the prices are increasing has slowed a little.
      Most of the coverage for this inflationary period is done by people that have no math skills and their own personal shoppers.

  • @OneWildTurkey
    @OneWildTurkey Рік тому +6

    Still quoting the 'unemployment rate'? WHY?
    That's not the number of unemployed, that's how many are receiving unemployment compensation.
    Many more people have dropped off those rolls without gaining employment first.

  • @bondjovi4595
    @bondjovi4595 Рік тому +3

    "Let me know when you're done crapping on my front stoop."

  • @williammayer1721
    @williammayer1721 Рік тому +1

    All these numbers are doctored. Inflation is at least 20%, unemployment is 25% and economic growth is in minus territory.

    • @TruthDefined4life
      @TruthDefined4life Рік тому

      Haha! Maybe you should move out of trailer park and go to a more economically progressive area. Employers are hiring where I live.

  • @myphotopick
    @myphotopick Рік тому +2

    Those are fake numbers

  • @artlehrer7085
    @artlehrer7085 Рік тому +4

    We are already in one

  • @jchess78
    @jchess78 Рік тому +1

    Feds are not lowering rates until 2024

  • @fishingnorcal2956
    @fishingnorcal2956 Рік тому +4

    Unemployment is "down" slightly because millions of people just ran out of their benefits when that happens they are not counted anymore even though they may not have a job yet. Dont be fooled by they way they talk....

    • @nellosnook4454
      @nellosnook4454 Рік тому

      1. Any uptick in economic recovery is totally due to the the resilience, ingenuity & hard work of the American people.
      2. In spite of-not because of-the regressive, business & job-killing economic policies of the Biden Crime-ministration!

  • @acornsucks2111
    @acornsucks2111 Рік тому +1

    Powell is doing a great job. Jeremy sucks.

  • @iheartzanna1931
    @iheartzanna1931 Рік тому +4

    Nobody believes they’re necessary. Their agenda is a different story altogether

    • @nellosnook4454
      @nellosnook4454 Рік тому

      1. Any uptick in economic recovery is totally due to the the resilience, ingenuity & hard work of the American people.
      2. In spite of-not because of-the regressive, business & job-killing economic policies of the Biden Crime-ministration!

  • @braydensimmons1408
    @braydensimmons1408 Рік тому +5

    Further hikes will be necessary 100%, unless the Fed updates it’s inflation goal to 3-5%.

  • @giftedfooljjhg1981thepasmb
    @giftedfooljjhg1981thepasmb Рік тому +3

    It's a good thing the fed doesn't listen to pundits

  • @brucemistaken2437
    @brucemistaken2437 Рік тому +2

    Its going great? Im going down, permanent poverty looks like. Learning to eat once a day.

  • @louisgunn7314
    @louisgunn7314 Рік тому

    Workforce participation still down so we're in a recession.

  • @davidmartin7039
    @davidmartin7039 Рік тому

    Inflation like taxation is theft. Quit raising rates...

  • @Alexandrite.101
    @Alexandrite.101 Рік тому +3

    Well, that depends on who’s agenda you are working to doesn’t it?

    • @nellosnook4454
      @nellosnook4454 Рік тому

      1. Any uptick in economic recovery is totally due to the the resilience, ingenuity & hard work of the American people.
      2. In spite of-not because of-the regressive, business & job-killing economic policies of the Biden Crime-ministration!

  • @motess5304
    @motess5304 Рік тому

    Cookin the books continues

  • @thundercatt5265
    @thundercatt5265 Рік тому

    That sounds good he didn't get a F for performance

  • @roberts.3712
    @roberts.3712 Рік тому

    Getting to 2% inflation without further interest rate hikes is unobtanium especially with oil prices on the rise.

    • @OneWildTurkey
      @OneWildTurkey Рік тому

      The problem is that interest rate hikes only postpone inflation. They don't stop it.

  • @litchips
    @litchips Рік тому

    Is 3.5% the lowest ever?

  • @AraseliDelarosa-g6h
    @AraseliDelarosa-g6h Рік тому

    Acusasion romeo santo declarasion jurada usar banco

  • @zmitch88
    @zmitch88 Рік тому

    Strong. That

  • @texastrustedoralsurgeon6830

    Siegel would sell his mother for a dollar.

  • @stevehartman1730
    @stevehartman1730 Рік тому +1

    Better to b prepared than not. Were headed into a greater depression God forbid but its coming.

  • @jerrybrickley2115
    @jerrybrickley2115 Рік тому

    The 40 year average fed fund rate is where we are now.
    People don't save when their savings are worth less each year and that's what happens when they get 0% on their savings.

  • @scwps23
    @scwps23 Рік тому

    What would change this report if the estimated $ 988 billion Credit Card Consumer Debit would continue to increase and Credit Card Companies suffered unsustainable losses.

  • @LeticiaOmi
    @LeticiaOmi Рік тому

    Recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement.

    • @EthanBombaj
      @EthanBombaj Рік тому

      Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.

    • @MiguelLopes-fi6fz
      @MiguelLopes-fi6fz Рік тому

      @@EthanBombaj I agree with you, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.

    • @ArthurBuchanon
      @ArthurBuchanon Рік тому

      @@MiguelLopes-fi6fz Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @MiguelLopes-fi6fz
      @MiguelLopes-fi6fz Рік тому

      @@ArthurBuchanon My advisor is "SOFIA ERAILDA SEMA". She’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.

    • @ArthurBuchanon
      @ArthurBuchanon Рік тому

      @@MiguelLopes-fi6fz I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials,so thank you for sharing. I scheduled a phone call with her.

  • @dustinjohnson2224
    @dustinjohnson2224 Рік тому

    Did we just go back to 2008 time line.rate will be 10 to 20 % pretty soon

  • @charkyicenhour587
    @charkyicenhour587 Рік тому

    Yay!! Drop to 5%....

  • @acornsucks2111
    @acornsucks2111 Рік тому +3

    Most of those new jobs are government jobs. Like IRS agents.

    • @surfaceten510n
      @surfaceten510n Рік тому

      most new jobs dont exist they are just businesses reemploying lost workers from the pandemic USA needs to get employment figures back to pre pandemic figures to pay for 2 million immigrants from the southern border that are on government subsidies and welfare they need your taxes.

    • @privettoli
      @privettoli Рік тому

      Do you really believe this? Facepalm

  • @gregmijjares3725
    @gregmijjares3725 Рік тому +3

    The feds are not fighting inflation , they're increasing it ! The system is based on debt , borrow , borrow !

  • @whyareyousoangry7322
    @whyareyousoangry7322 Рік тому

    Word-Renowned are you sure?

  • @fredpotgieter7329
    @fredpotgieter7329 Рік тому

    Sure want united States military in your country need to pay for it fully completely Germany Japan Poland ect all 700 bases

  • @rickwalden7022
    @rickwalden7022 Рік тому

    Lol

  • @danielroberts6212
    @danielroberts6212 Рік тому +1

    Who’s this guy?

  • @timothylopez8572
    @timothylopez8572 Рік тому

    (R) for Rays CYSTS.
    Look at a photo of Congressional 🐘🐘🐘 at the state of the union. 🤍◻️◽⚪⬜🏳️🐻‍❄️🥼🧻🚽🧂🥛🐑👻❄️⚪RAY has too many CYSTS.