Very good episode. Economic hardship is already a reality over the past 2 years, even though the numbers suggest lots of job openings, the reality is people struggle to find a job that can support even basics like rent. Yes minimum wage jobs are there and represented in the job data but nobody can live off those unless they have financial help from their parents. Businesses small and large are struggling, the big corporations like banks are pausing funding for future projects and focusing on cost-cutting and efficiencies. When it comes to Tesla, I originally invested in 2019 for the auto growth story which is no longer their focus, but I'm glad I've been doing extensive research since, including on channels like this and know they can pivot towards any direction. I never thought bots would be a Tesla thing, for example, now it's the most exciting. Didn't know about FSD at the time either. The Tesla company and Elon have thought me more about running successful businesses than any textbook ever could.
Ok, guys; “I DO appreciate the hard work you put into making this…”. (But, at one point, listening to y’all, I was almost wonderin’,: if I looked back far enough into your guys’ prognostications, would I be likely to find that y’all have accurately predicted 8 out of the last 5 Recessions??!) Cheers! - Dave Huntsman
Anybody who thinks we aren’t in a recession already is naïve. Inflation is killing family budgets. Credit card debt is at an all-time high. Automobile repossession numbers are staggering. A close friend who is an expert in FHA loans tells me the next thing coming are 50 year mortgages! The entire automobile industry, including Tesla add better buckler seatbelts.
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life , making $28k weekly profit regardless of how bad it gets on the economy. 😊
I Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Just wanted to add that I watch this show and Cathie’s show. I really appreciate your insights and perspectives. Please continue. ❤
Larry, Larry, Larry!
Thank you Larry and Randy 😊
I always watch Cathie and then your take on the economy. Excellent analysis and historical perspective.
Thanks so much. Appreciate the decades of experience and the laser sharp insights.
Thanks Larry!
Very good episode. Economic hardship is already a reality over the past 2 years, even though the numbers suggest lots of job openings, the reality is people struggle to find a job that can support even basics like rent. Yes minimum wage jobs are there and represented in the job data but nobody can live off those unless they have financial help from their parents. Businesses small and large are struggling, the big corporations like banks are pausing funding for future projects and focusing on cost-cutting and efficiencies.
When it comes to Tesla, I originally invested in 2019 for the auto growth story which is no longer their focus, but I'm glad I've been doing extensive research since, including on channels like this and know they can pivot towards any direction. I never thought bots would be a Tesla thing, for example, now it's the most exciting. Didn't know about FSD at the time either. The Tesla company and Elon have thought me more about running successful businesses than any textbook ever could.
Thanks for your input Larry. Sorry about the marks on your back 😉
Ok, guys; “I DO appreciate the hard work you put into making this…”. (But, at one point, listening to y’all, I was almost wonderin’,: if I looked back far enough into your guys’ prognostications, would I be likely to find that y’all have accurately predicted 8 out of the last 5 Recessions??!) Cheers! - Dave Huntsman
The reason the Sahm rule doesn't work anymore is because it was created before economic terminology was redefined.
Anybody who thinks we aren’t in a recession already is naïve. Inflation is killing family budgets. Credit card debt is at an all-time high. Automobile repossession numbers are staggering. A close friend who is an expert in FHA loans tells me the next thing coming are 50 year mortgages! The entire automobile industry, including Tesla add better buckler seatbelts.
We know GDP 2.8 for Q2 so still some way to go before negative territory
Unless they’re lying about the numbers. 😉
Unemployment is up but myself and every other business owner I speak to can find help. These are the people that do not want to work.
Game over for Tesla!
Ah yes, one of my favorite trolls. Wondered where you were bashing?
@@jackarnold3290So Tesla doesnt go down or becomes irrelevant?Just look at the numbers!
Easy money then.. go short Tesla !!! lol !
Being headed up by a nut job has got to spell future success.
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life , making $28k weekly profit regardless of how bad it gets on the economy. 😊
I Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
She is active on the
TE LE GRAM
@meredithlindshaw