'ABSOLUTELY NOT': Market expert rips idea to give presidents power over rate decisions

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  • Опубліковано 14 тра 2024
  • Public Ventures President Lou Basenese argues the U.S. needs to worry about stagflation following the annual PCE inflation report and discusses Fed rate decisions as well as tech earnings.
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КОМЕНТАРІ • 100

  • @KarenLavia
    @KarenLavia 15 днів тому +98

    I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

    • @ScottKindle-bk3hx
      @ScottKindle-bk3hx 15 днів тому +2

      I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

    • @RaymondKeen.
      @RaymondKeen. 15 днів тому +2

      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 broker, 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.

    • @SandraDave.
      @SandraDave. 15 днів тому +2

      This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now

    • @RaymondKeen.
      @RaymondKeen. 15 днів тому +1

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @HectorWhitney
      @HectorWhitney 15 днів тому +1

      Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @tobybigham4196
    @tobybigham4196 18 днів тому +5

    Why the hell would anyone want the president to decide on rate hikes and cuts?

  • @oran1992
    @oran1992 18 днів тому +43

    So basically we're going to keep this economy going for as long as we can until it literally hits the ground and starts combusting in to flames, this will not be a depression this will be a nightmare financially for everyone because right now when the inflation spikes up like a rocket and the dollar detaches itself from normal levels we're going to be just like Zimbabwe or Germany with wheelbarrows of money for bread. I personally feel like we have maybe 4 to 5 years of somewhat economic transactions with money and debt but after 2030 I think that's when everything will falter and hit the skids. I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading...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.

    • @oran1992
      @oran1992 18 днів тому

      She often interacts on Telegrams, using the user-name...

    • @oran1992
      @oran1992 18 днів тому

      @FrancineDuguay .

    • @JonathanSumaray
      @JonathanSumaray 18 днів тому

      Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!

    • @travisb442
      @travisb442 18 днів тому

      The internet is filled with so many useful information about Francine Duguay crypto….

    • @flushrock
      @flushrock 18 днів тому

      This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

  • @jamesgarvey6224
    @jamesgarvey6224 17 днів тому +1

    The FED is already FULL Democrat.

  • @waltlowry4297
    @waltlowry4297 17 днів тому

    Give a president that power....NO

  • @glennmandigo6069
    @glennmandigo6069 17 днів тому

    Hey remember what happened to Penn Central and other railroads because ICC controlled rates?

  • @DexterHaven
    @DexterHaven 18 днів тому

    we can't afford hikes.

  • @user-dk6rj7iw9h
    @user-dk6rj7iw9h 18 днів тому

    No one has the money to purchase these products when there struggling just to purchase food and the utility bills that went way up. When should a new vehicle cost the price of a house.

  • @davidmichaels4285
    @davidmichaels4285 18 днів тому +1

    Bidenomics SUCKS

  • @pascalouellette8516
    @pascalouellette8516 18 днів тому

    Rate control by Feds is normal, never to be political as it would be if controlled by the president...keep it there...

  • @noneshere
    @noneshere 18 днів тому

    Say good bye to American big corporations.
    It's cheaper to do business in other countries under a currency that doesn't devalue like the dollar dose.
    Furthermore, Google just did a stock buyback to artificially keep it's stock prices up or face investors leaving trying to save what money they could salvage.

    • @AtillatheFun
      @AtillatheFun 18 днів тому

      Russian bot, the U.S dollar is the strongest currency on the planet. Nice try with your rubles buddy. I’m sure someone will want them.

    • @glennmandigo6069
      @glennmandigo6069 17 днів тому

      @@AtillatheFun Won't be for much longer if Biden doesn't go

    • @AtillatheFun
      @AtillatheFun 16 днів тому

      @@glennmandigo6069 Biden has no control over the Fed.

  • @davidjacob6383
    @davidjacob6383 18 днів тому

    Infliaciją reikia skaičiuoti per kainas ne bendrai, bet apie skirtigus sektorius kokios kainos ten ?

    • @frua97
      @frua97 18 днів тому

      Average annual increase from 2020-2023:
      Annual Increase Sector
      2.27% Education in U.S. city average, all urban consumers, chained, not seasonally adjusted
      9.34% Energy in U.S. city average, all urban consumers, chained, not seasonally adjusted
      6.76% Food away from home in U.S. city average, all urban consumers, chained, not seasonally adjusted
      2.43% Medical care in U.S. city average, all urban consumers, chained, not seasonally adjusted
      4.52% Shelter in U.S. city average, all urban consumers, chained, not seasonally adjusted
      4.29% Services in U.S. city average, all urban consumers, chained, not seasonally adjusted
      4.91% Housing in U.S. city average, all urban consumers, chained, not seasonally adjusted
      6.84% Chained Consumer Price Index for All Urban Consumers (C-CPI-U): U.S. city average
      7.34% Transportation in U.S. city average, all urban consumers, chained, not seasonally adjusted
      6.20% Nondurables in U.S. city average, all urban consumers, chained, not seasonally adjusted
      7.15% Food at home in U.S. city average, all urban consumers, chained, not seasonally adjusted
      4.16% All items less food and energy in U.S. city average, all urban consumers, chained, not seasonally adjusted
      5.97% Commodities in U.S. city average, all urban consumers, chained, not seasonally adjusted
      6.31% New vehicles in U.S. city average, all urban consumers, chained, not seasonally adjusted
      3.33% Recreation in U.S. city average, all urban consumers, chained, not seasonally adjusted
      1.76% Apparel in U.S. city average, all urban consumers, chained, not seasonally adjusted
      5.14% Durables in U.S. city average, all urban consumers, chained, not seasonally adjusted
      -1.34% Communication in U.S. city average, all urban consumers, chained, not seasonally adjusted

    • @davidjacob6383
      @davidjacob6383 18 днів тому

      @@frua97 information from wikipedia and google right :)?

    • @frua97
      @frua97 18 днів тому

      @@davidjacob6383 No, U.S. BUREAU OF LABOR STATISTICS (bls dot gov).

  • @LamarPassmore
    @LamarPassmore 18 днів тому

    So who's really the POTUS?

  • @DrunkenRhinoceros
    @DrunkenRhinoceros 18 днів тому

    All business need to stop paying federal taxes. This is how non violent change happens. Defund the government and oust the corrupt.

    • @noneshere
      @noneshere 18 днів тому

      US Government will pull a " Cyprus Bail In " on the country and take money out of everyone's bank account to pay for the national debts and deficits it created. That's why Bitcoin is so nifty. Government can't take from a wallet it doesn't possess or know where it is.

    • @AtillatheFun
      @AtillatheFun 18 днів тому

      So you want businesses to get away with paying no taxes and price gouging the customer? Wow.

    • @DrunkenRhinoceros
      @DrunkenRhinoceros 18 днів тому

      @@AtillatheFun Business pays taxes for employees. If taxable income stops coming into the fed, change is destined to happen.

    • @AtillatheFun
      @AtillatheFun 18 днів тому

      @@DrunkenRhinoceros That change being a foreign power will invade with ease.

  • @starship519
    @starship519 18 днів тому +1

    Need about 10 hikes

  • @BrittanyRiles-rl3kq
    @BrittanyRiles-rl3kq 18 днів тому

    Diversity

  • @user-cp9lz9pt8b
    @user-cp9lz9pt8b 18 днів тому +5

    Record stock market high under President Biden 😎🇺🇸

    • @One-More-Silver-Dollar
      @One-More-Silver-Dollar 18 днів тому +3

      Record printing of money and driving up inflation.

    • @theunbearablebull
      @theunbearablebull 18 днів тому

      @@One-More-Silver-Dollar Actually Trump printed more money. Please do literally any research, you look like an idiot.

    • @user-cp9lz9pt8b
      @user-cp9lz9pt8b 18 днів тому +1

      @@One-More-Silver-Dollar Corporate profits drove 53% of inflation during the second and third quarters of 2023 and more than one-third since the start of the pandemic, the report found, analyzing Commerce Department data. That's a massive jump from the four decades prior to the pandemic, when profits drove just 11% of price growth.Jan 20, 2024

    • @user-cp9lz9pt8b
      @user-cp9lz9pt8b 18 днів тому +2

      "Trump 7.8 trillion to the national debt which laid the foundation for the inflation we have now" -- Ron DeSantis

    • @vernonbowling5136
      @vernonbowling5136 18 днів тому

      Bidens rich keep getting richer at the expense of the poor and middle class. Keep bragging 😔

  • @ruwithlee1970
    @ruwithlee1970 18 днів тому +2

    Joe is CRUSHING OUR COUNTRY 😢😢😢😢😢

  • @Karinamatters
    @Karinamatters 18 днів тому +3

    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, I made over a million dollars from trading this year regardless of the market conditions😊

    • @Mike_Arnold
      @Mike_Arnold 18 днів тому

      I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?

    • @Karinamatters
      @Karinamatters 18 днів тому

      I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

    • @Karinamatters
      @Karinamatters 18 днів тому

      YES!!! That's exactly her name (BRISA RICHARDSON ) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺

    • @Karinamatters
      @Karinamatters 18 днів тому

      from my personal financial advisor

    • @Mike_Arnold
      @Mike_Arnold 18 днів тому

      I have heard a lot of wonderful things about Brisa Richardson on the news but didn't believe it until now. I'm definitely trying her out

  • @rickpatterson7438
    @rickpatterson7438 18 днів тому

    ALL of the LIARS HATE it. It exposes them.

    • @vernonbowling5136
      @vernonbowling5136 18 днів тому

      What is being lied about be specific.

    • @theunbearablebull
      @theunbearablebull 18 днів тому

      @@vernonbowling5136 He doesn't know. He's another one of those Americans who just always wants to point his little finger lol

  • @PeterGoyer
    @PeterGoyer 18 днів тому

    Strangleflation is more like it