Fed Chair Jerome Powell talks economy, rate cuts, and monetary policy with David Rubenstein

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  • Опубліковано 27 сер 2024
  • Fed Chair Jerome Powell spoke to David Rubenstein at the Economic Club of Washington D.C. about the assassination attempt on former President Trump, monetary policy, why the Federal Reserve hasn't loosened policy with interest rate cuts, and his concerns regarding the economy. The Fed chair also addressed inflation concerns, the labor market, and the path to 2% inflation.
    #yahoofinance #interestrates #news
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КОМЕНТАРІ • 78

  • @nicolasbenson009
    @nicolasbenson009 Місяць тому +791

    A failing U.S. economy and elevated global tensions reduce the likelihood of prolonged inflation or higher long-term Treasury yields. I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich

    • @BridgetMiller-
      @BridgetMiller- Місяць тому +1

      I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

    • @tatianastarcic
      @tatianastarcic Місяць тому +2

      True, I’m quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date.

    • @berniceburgos-
      @berniceburgos- Місяць тому +2

      this is great! think your advisor would get on the phone with an unknown? i'm in dire need of proper portfolio allocation

    • @tatianastarcic
      @tatianastarcic Місяць тому +2

      Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

    • @Michaelparker12
      @Michaelparker12 Місяць тому +1

      Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session sometime tomorrow.

  • @Robbertskypes
    @Robbertskypes Місяць тому +695

    Interest rate cut and geopolitical uncertainty intensified a seII off in Big Tech."Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

    • @ErinWarner-zc9jy
      @ErinWarner-zc9jy Місяць тому

      Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

    • @ClaudiaSchreiber-b1p
      @ClaudiaSchreiber-b1p Місяць тому

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

    • @angeladeem2988
      @angeladeem2988 Місяць тому

      impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

    • @ClaudiaSchreiber-b1p
      @ClaudiaSchreiber-b1p Місяць тому

      Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @dianarabbanii2
      @dianarabbanii2 23 дні тому

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @jerrycampbell-ut9yf
    @jerrycampbell-ut9yf Місяць тому +499

    It seems like FED might just be complacent for sometime and start cutting too early; Once the rate cutting starts inflation will start to most likely pick up and then FED will start a MASSIVE RATE HIKE to 10% FED FUNDS rate; Hence this outcome will cause and start depression

    • @Peterl4290
      @Peterl4290 Місяць тому +3

      The financial market is a reliable choice. Diversify your portfolio with I-bonds, stocks (ETFs, REITs, dividend-paying stocks), and bitcoin. Given your budget, I recommend hiring a fiduciary to ensure you receive professional insights for a fee.

    • @larrypaul-cw9nk
      @larrypaul-cw9nk Місяць тому +1

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

    • @sabastinenoah
      @sabastinenoah Місяць тому +1

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @larrypaul-cw9nk
      @larrypaul-cw9nk Місяць тому +1

      Her name is “Annette Christine Conte” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @sabastinenoah
      @sabastinenoah Місяць тому

      Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2024 on a woodnote financially.

  • @Charlotte-ew6sw
    @Charlotte-ew6sw Місяць тому +686

    Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance.
    Thank you!

    • @Sophia-bt2uh
      @Sophia-bt2uh Місяць тому

      Focus on long term investments in property, stocks, and bonds. Avoid copying, daytrading and 'chart astrology'. Diversify across different geographies, industries, and value chain stages - to reduce your risk. You can do this with ETFs, or by selecting different stocks yourself. This is the best way to invest for more than 90% of people

    • @Daisy-yr6ez
      @Daisy-yr6ez Місяць тому

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

    • @SirManselus
      @SirManselus Місяць тому

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @Daisy-yr6ez
      @Daisy-yr6ez Місяць тому

      ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @SirManselus
      @SirManselus Місяць тому

      Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2024 on a woodnote financially.

  • @user-3456rtu
    @user-3456rtu Місяць тому +437

    The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

    • @c.t.u.o
      @c.t.u.o Місяць тому +3

      navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position

    • @yfar567
      @yfar567 Місяць тому +1

      No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.

    • @MiikeFaber
      @MiikeFaber Місяць тому +1

      I’ve been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

    • @yfar567
      @yfar567 Місяць тому +5

      Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.

    • @AllisonAhrens
      @AllisonAhrens Місяць тому

      Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.

  • @hushbash2989
    @hushbash2989 Місяць тому +155

    Considering the shaky economy, I'm keen to know best, how people split their pay, how much of it goes into savings, spendings or investments. I’d be retiring/working much less in 5 years, and sometimes earn up to $160K per year, but nothing to show for it yet.

    • @selenajack2036
      @selenajack2036 Місяць тому +2

      thats personal, you should connect with an advisor for proper financial/investment planning, never can tell what the future holds

    • @roddywoods8130
      @roddywoods8130 Місяць тому +2

      I concur to financial planning. I'm quite lucky exposed to finance at an early age, started job at 19, purchased first home at 28, got laid-off work at 36 just after the rona-outbreak in 2020, going forward, immediately hired an advisor to keep my head above water, and in return, I'm only 25% short of $1m after subsequent investments to date

    • @kaylawood9053
      @kaylawood9053 Місяць тому +3

      That's impressive! I could really use the expertise of this advsors.

    • @roddywoods8130
      @roddywoods8130 Місяць тому +2

      Lauren Marie Ehlers is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @bsetdays6784
      @bsetdays6784 Місяць тому +1

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @creativecomputers6060
    @creativecomputers6060 Місяць тому +7

    You don’t Interview a chair, you sit on it.

  • @FinanceFocusTVS-s6u
    @FinanceFocusTVS-s6u Місяць тому +1

    I like the way this interview is going

  • @user-tp4ys2re5m
    @user-tp4ys2re5m Місяць тому

    Thank you Mr.chair offed for your service . Thank you David for your many questions 👍

  • @ronaldkrikorian4712
    @ronaldkrikorian4712 22 дні тому

    Jerome! Keep printing millions everyday like you’ve done before! Greetings from Australia 🇦🇺

  • @serenityherke
    @serenityherke Місяць тому

    Your channel stands out from others because you explain the reasoning behind each strategy, helping me understand the underlying principles rather than just blindly following signals. As a beginner trader, I find your channel incredibly helpful in building a strong foundation of trading knowledge and developing effective strategies.

  • @OmgThisisOriginal
    @OmgThisisOriginal Місяць тому +5

    Interview starts at 16:20

  • @DBhoyz
    @DBhoyz Місяць тому

    Finally, a real interviewer.

  • @moreyouknowcrypto
    @moreyouknowcrypto Місяць тому

    Great interview

  • @qrious5107
    @qrious5107 Місяць тому

    I like that they chose to keep the interview light hearted. Orelse, it wouldn't have been as much effective.

  • @stepangorbachev476
    @stepangorbachev476 Місяць тому

    want to know all the details, how it works and all... so can you start the tutorial for beginners?

  • @softMediaWox
    @softMediaWox Місяць тому +2

    Intro - Waltz For Debby (Bill Evans)

  • @mrchad97z49
    @mrchad97z49 Місяць тому +4

    "thanks for avoiding the hard landing".... I didnt know we landed.... everything is still high. Stock market at alltime high and housing is and rents are up and we still have inflation. And we have had huge inflation over the past 10 years.. So I dont get it

    • @user-ej5bd4oq5v
      @user-ej5bd4oq5v Місяць тому +1

      He can't and won't discuss interest rates, until there is more positive proof on how the economy is doing as far as umemployment, PPI, and many other factors, actually he's stuck in a pickle jar until more info comes in and where we are standing in this highly volatile political enviroment.Pray that this guy isn't replaced with the next choice of POTUS.

  • @bespoke4187
    @bespoke4187 22 дні тому

    Time for a rate ✂️.

  • @shermanmarshall7467
    @shermanmarshall7467 Місяць тому

    Isn't David Rubenstein suggesting that Open Interest suggests a drop in prices, for contracts in December? From what he said at 4:15, there isn't another way of deriving a change in Futures pricing, for months ahead. Or, am I wrong?

    • @ianglenn2821
      @ianglenn2821 Місяць тому

      futures is more than just indices and commodities, there is an interest rate futures market, you can get a contract for a 5.33% rate that begins in September, the price for that has gone up, indicating the market is pricing a rate cut for September. The January contract is pricing in 3 cuts, which is maybe too much.

    • @shermanmarshall7467
      @shermanmarshall7467 Місяць тому

      @@ianglenn2821
      Hmmm, you're right. I only follow the S&P, but there may be more comprehensive trends in the market.

  • @EUR_USD
    @EUR_USD Місяць тому

    The way David sits is funny XD

  • @Catch-of1fc
    @Catch-of1fc Місяць тому

    based powell

  • @hgdsjkhajigds1216
    @hgdsjkhajigds1216 Місяць тому

    He keeps creating bubbles, the interest rate shouldn’t be less than 5%

  • @senersaltk6757
    @senersaltk6757 Місяць тому

    Europa ist hinsichtlich Zinssenkungen optimistischer als Amerika

  • @primecash144
    @primecash144 Місяць тому

    ATI is the problem Jerome!

  • @clipartinc
    @clipartinc 22 дні тому

    15:18 Hmmm

  • @VillianVon
    @VillianVon Місяць тому

    Opening jazz selection name please.....

    • @sacplissken
      @sacplissken Місяць тому +1

      Waltz For Debby (Bill Evans)

  • @PushToProduction
    @PushToProduction Місяць тому

    jerome powell thinks economy is nvidia and taylor swift.

  • @trina2100
    @trina2100 Місяць тому

    Am I the only one that notices something off? They almost don't look real....am I tripping?

    • @mrchad97z49
      @mrchad97z49 Місяць тому

      Powell smiling has got to be AI.

  • @pwatom22
    @pwatom22 Місяць тому +2

    Looks like being the Fed chair involves a lot of eating... Breakfast, lunch, dinner meetings. I don't begrudge the man that. I do think he is doing his best to do a good job. Now, the treasury secretary... That's a different matter.

  • @raylamberton6002
    @raylamberton6002 3 дні тому

    Pre election magic offering.

  • @frankham8038
    @frankham8038 Місяць тому

    Why no leak? Perhaps because you need to wait for Sec. Yellen's call till the last minute?

  • @stanpiers247
    @stanpiers247 28 днів тому

    Fed Head Powell should be in prison.

  • @Mutherfxxkerjotbob
    @Mutherfxxkerjotbob Місяць тому

    룹히 이모티쓰곳ㅂ댜😅