Economy is too 'hot' for a Sept. cut: VantageScore CEO

Поділитися
Вставка
  • Опубліковано 7 вер 2024

КОМЕНТАРІ • 48

  • @jasonsmith1143
    @jasonsmith1143 Місяць тому +4

    NO !! people are living on their credit cards.
    food, parking space, drinks, medicine, bills etc

  • @Charlotte-ew6sw
    @Charlotte-ew6sw Місяць тому +142

    What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

    • @Sophia-bt2uh
      @Sophia-bt2uh Місяць тому

      There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

    • @SirManselus
      @SirManselus Місяць тому

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

    • @Daisy-yr6ez
      @Daisy-yr6ez Місяць тому

      Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @SirManselus
      @SirManselus Місяць тому

      My CFA ’ANGELA LYNN SCHILLING’ , 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.

    • @Daisy-yr6ez
      @Daisy-yr6ez Місяць тому

      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.

  • @2MANYCARS
    @2MANYCARS Місяць тому +7

    Having a good credit score doesn't mean the individual is wealthy, or not bothered by deteriorating economic situation......

  • @todddunn945
    @todddunn945 Місяць тому +2

    I hope he is right about there not being a Fed Rate Cut in September. I would like see rates go up to 6+%.

  • @EasyYoutubeAI
    @EasyYoutubeAI Місяць тому +3

    Capture the video in 1 minute 🚀⬇️
    *Introduction*
    McDonald's shares ended higher despite missing sales and profit estimates, with the CEO noting consumers are becoming more selective with their spending.
    *Main Points*
    1. The average Vantage score, a measure of credit health, is 702, indicating overall consumer health is good.
    2. Mid-tier consumers are shrinking, with some moving to super prime and others dropping below prime.
    3. Banks are optimistic, increasing loans across credit cards, auto loans, and mortgages, despite consumer pessimism.
    4. Traders expecting a rate cut in September may be wrong, as the economy remains hot and the FED is cautious about cutting rates prematurely.
    5. Segments of the population, particularly younger and less affluent consumers, are experiencing economic pain.
    6. The FED must consider the overall economic picture, which shows most Americans are doing well, despite some struggling segments.
    7. The upcoming election will hinge on addressing the economic concerns of younger, less affluent voters.
    *Conclusion*
    The economic outlook remains mixed, with overall consumer health strong but certain segments facing challenges, which will be crucial in the upcoming election.

  • @sumpunonel262
    @sumpunonel262 Місяць тому +9

    Very accurate commentary.
    The pause has been too long, but only because the fed should have continued rate hikes till at least 6%

  • @karlhernandez617
    @karlhernandez617 Місяць тому

    If the economy is “too hot” let’s suspend all Credit Card purchases (meaning debit or cash only) and see what transpires

  • @tacolover5000
    @tacolover5000 Місяць тому +5

    like i said, they have to raise it two more times and then drop it hard

  • @justsomeuser5123
    @justsomeuser5123 Місяць тому +1

    If rate cut doesn't happen in September... Then Russel 2000 rotates.back Into magnificent 7.

  • @grownupgaming
    @grownupgaming Місяць тому +2

    Are u crazy economy running hot now???

    • @grownupgaming
      @grownupgaming Місяць тому +1

      @@MereAYT So corporate profits will suspend or extend out the next recession, making it much greater in magnitude. and when it hits, the average consumer will bear the brunt of it.

  • @Net-icine
    @Net-icine Місяць тому

    Just to be clear social security only functioned in one country and only for about 60 years . . . . Think!

  • @lokesh303101
    @lokesh303101 Місяць тому

    Data is Important.

  • @davidorth4906
    @davidorth4906 Місяць тому

    Good side ... McDonald's $5.00 meal worked great! Maybe, possibly, they keep it.

    • @Wahinies
      @Wahinies Місяць тому

      @@davidorth4906 only if coca cola subsidizes it again

    • @yingcluk
      @yingcluk Місяць тому

      Unfortunately all McDonald's care to keep is the money they make (or should I say gouge) from consumer. I hope to see not McDonald's but all the greedy corporations sales go down.

  • @user-hb2ku5oq5r
    @user-hb2ku5oq5r Місяць тому

    Thank you guys¡¡

  • @kirkdogg007
    @kirkdogg007 Місяць тому

    You can look with your own eyes and see what's going on you don't need this clown to tell you that he's wrong

  • @undefeatedaj
    @undefeatedaj Місяць тому

    Define hot

  • @user-oq8hm2zw7c
    @user-oq8hm2zw7c Місяць тому

    This clown running the federal reserve never had a clue since day one!

  • @AbelGrace-sw1pt
    @AbelGrace-sw1pt Місяць тому +6

    I'm favoured financially with Bitcoin ETFs approval, Thank you, buddy.$42,000 weekly profit regardless
    of how bad it gets on the economy

    • @NickyThomas-di1xo
      @NickyThomas-di1xo Місяць тому

      How is that? If you do not mind me, please 🙏

    • @AbelGrace-sw1pt
      @AbelGrace-sw1pt Місяць тому

      Lia Lorenzo has been my backbone since last year and has brought me many benefits.

    • @AbelBenjamin-yi6uo
      @AbelBenjamin-yi6uo Місяць тому

      Please, how do I connect with Lia Lorenzo? I would appreciate it if you show me how to go about it

    • @AbelGrace-sw1pt
      @AbelGrace-sw1pt Місяць тому

      She is always active on wats apk👎👎

    • @AbelGrace-sw1pt
      @AbelGrace-sw1pt Місяць тому

      She is mostly active on what'sapk👇👇

  • @conybrown991
    @conybrown991 Місяць тому

    Envy man

  • @FrickinTony
    @FrickinTony Місяць тому

    No Maybelline interview; RFKjr

  • @davidorth4906
    @davidorth4906 Місяць тому

    Tell Republicans.

    • @crooked52h
      @crooked52h Місяць тому +1

      Main Street and wall street are not the same

    • @firstlast8258
      @firstlast8258 Місяць тому +1

      Two wings of the same dying bird 🤓 🖕

    • @enthused7591
      @enthused7591 Місяць тому +1

      Lol. This is 2007 all over again. Tell Republicans what? We already know exactly what's right around the corner, and we have for years.