Jim Bianco joins Fox Business to discuss Why Interest Rates Matter, No Landing & Higher Bond Yields
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- Опубліковано 1 кві 2024
- Jim Bianco joins Fox Business to discuss why interest rates matter, recent economic data supporting the "No Landing" scenario & the impact of higher bond yields on the stock market with Charles Payne.
America is presently besieged by the hydra-headed evil combo of inflation and recession. The worst aspect about this crisis is that consumers are piling up credit card debt. Credit card debt increased by 20% in April alone, while interest rates have doubled in a year. Inflation is so severe that customers are essentially going into debt to buy basic essentials. The collapse has certainly begun.
Every day, we face a new challenge. It has become the new normal. We felt it was a catastrophe at first, but now we know it's a new normal to which we must adjust. This year will be a year of great economic suffering across the country. What initiatives can we take to earn additional revenue during the period of quantitative adjustment? I can't afford for my hard-earned $200k to fall to dust.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
@@danieljackson87 That's something I've been considering. I have a lot of stocks that I've kept, but they're starting to lose value, so I'm not sure if I should keep them or sell them. Hiring your investment coach would make it much easier for me to rebuild my portfolio.
Yes, Sharon Ann Meny made headlines in 2020, but I'm not sure if I can bring her up in this context. She manages my portfolio and acts as a counselor for me.
@@danieljackson87 Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Could you possibly recommend a CFA you've consulted with?
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. 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.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Investors are still in denial about the fundamentals of the economy. They expect rares will soon be cut and believe the topline GDP numbers signal a strong economy. However, they dont. Credit card balences are maxed out, more credit is hard to come by for consumers, a ton of companies are about to beforced into refinancing their debs at far higher interest and the regional bank backstop program is out this month. There's also the fact that inflation ticks higher than expected every single time the markets believe a rate cut is around the corner and a rate cut would cause a surge in inflation. The fed sees this stuff, guys. The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She often interacts on Telegrams, using the user-name...
@FrancineDuguay .
The technical analysis expert I admire the most. Her risk management tactics truly deliver results. Francine Duguay program of expertise has a wide presence across the internet.
Venturing into new investment avenues shows your proactive approach to financial growth amidst these uncertain times. Diversifying your portfolio can help manage risks effectively.
Francine Duguay strategy has normalized winning trades for me and it’s a huge milestone for me looking back to how it all started.
GDP is only that high because of government spending like a drunken sailor on a weekend leave! The amount of money spent on illegal immigrates is huge!
I've read and believe that interest rates shall be:
HIGH FOR LONGER
The Federal Reserve's current mantra is "high for longer." They are not planning to cut interest rates anytime soon, with some experts predicting that it may happen in June, while others suggest July. One can track the 2-year Treasury rate versus the Fed Funds Rate (FFR), and currently, the 2-year rate is approximately 100 basis points lower than the FFR. Therefore, the Fed could potentially lower rates by 100 basis points based on data. Fed Chairman Powell has repeatedly stated that the Fed's decisions are "data dependent."
The PCE deflator is unlikely to decrease until inflation in housing-related expenses like Owners’ Equivalent Rent (OER) and Services costs are brought under control. However, the average person is more concerned about everyday expenses like food, gasoline, utilities, insurance, entertainment, property taxes, and home ownership. The Fed, on the other hand, is focused on data and may not take into account these out of control expenses.
Defensive names remain very well bid. Negative prices for natural gas at the WaHa Hub in Midland Texas for some time now. Some crazy high prices for used Farm Tractors being reported. Definitely inflation and very powerful inflation still raging away.
7% fiscal deficit certainly doesn't hurt the bull case
The inflation that it created will offset and growth or bullish narrative. Markets will crash, just a matter of when
When the yields are bordering 5% that means countries like UK will dump the Treasury...
If the experts were real experts, no one would have lost money in 2008.
Ghost jobs
Every Single Empire from Rome to the British Empire have ALL FALLEN..🌕🌕📈📈📈❤❤❤
Yet another perma-bear who has MISSED this ENTIRE MOVE
The only growth in this economy is by government expansion n government stimulus government spending. Take away big government you have a great depression. They are cooking d books