Dennis Lockhart on the 2008 Crisis, Fed Policy & Today’s Economy

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  • Опубліковано 16 лис 2024

КОМЕНТАРІ • 27

  • @Wealthion
    @Wealthion  Місяць тому

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  • @thomasmazzola4760
    @thomasmazzola4760 Місяць тому +3

    50 basis points is a panic move. Why else would you make such a big cut and unless we have big problems out there?

  • @darranhenderson3174
    @darranhenderson3174 Місяць тому +16

    The US economy is already in recession. Now rate cut will ignite inflation. The banks will tighten even more, all consumer and corporate credit lending. This is the beginning of a deflationary period for your assets. Stocks markets will decline, and stock values disappear in a blink of the eye. Businesses will begin layoffs in earnest which will soon be reflected in the unemployment rate and unemployment claims, to further solidify the recession. In fact, Now that the FED cut rates in Sept, it will signify that the Titanic is going under, and it will suck everything down. Retail and housing sales will truly decline as consumer hold off their purchases. The inverted yield curve will then turn positive, but remember, certain assets like stocks and Crypto’s acts as a hedge. Long & short-term trading is generally safer, allowing investors to weather market volatility. I have 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 Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

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      @LindsayMortimerMoose-m2e Місяць тому

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      @WilliamsGraham-bl4dp Місяць тому

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      @bryanrevell9788 Місяць тому

      The internet is filled. with so many useful information. about Adriana Jensen.

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      @Adam__0Breneman Місяць тому

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      @BettySueBenson Місяць тому

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  • @hrausss
    @hrausss Місяць тому +2

    So funny he says everything is fine in the banking system now.
    And he also said in 2007 when he was in everything was fine .
    A call BS 😂 😂 lol 🤣

  • @adirare100
    @adirare100 Місяць тому +2

    All I can say just from looking at this guy: you can’t trust him. He is very smart, he knows what he is talking about but lacks integrity. We are already in a recession sir!

    • @brianoleson9224
      @brianoleson9224 Місяць тому +1

      i hate that he is old it makes you want to believe he would be more truthful his last years of life help people instead.

  • @soundtenement7993
    @soundtenement7993 Місяць тому

    I think we need to consider a parliamentary approach because this would require coalitions among republicans and democrats. We may even get each party working with each one other again.

  • @hugohecht5997
    @hugohecht5997 Місяць тому +1

    politicians are a a crowd watching the dollar drown.

  • @scottmiller4838
    @scottmiller4838 Місяць тому

    No, the markets are doing robust not the economy.

  • @cyruschadrezzar
    @cyruschadrezzar Місяць тому

    earth will continue doing qualitative tightening for as long as it takes

  • @sammyvh11
    @sammyvh11 Місяць тому

    2008 never left. Barney Franks bank is gone now and he was Dodd/Frank.

  • @thriftyninja0075
    @thriftyninja0075 Місяць тому

    Last time I click on Wealthion. Let this fool host.

  • @clintcowan9424
    @clintcowan9424 Місяць тому

    Hmmmm he thinks about main street....