Jerome Powell speaks after Fed cut interest rates by 50bps

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  • Опубліковано 8 лис 2024

КОМЕНТАРІ • 68

  • @auboisdaline
    @auboisdaline Місяць тому +57

    Honestly, this situation makes me uneasy, especially with the Fed cutting interest rates by 50 bps. It's a sign of deeper economic concerns, and I'm unsure about my $130K investment strategy given the potential for not just a recession but possibly a depression.

    • @barquie
      @barquie Місяць тому +2

      I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.

    • @petecorda
      @petecorda Місяць тому +1

      Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.

    • @phuc2583
      @phuc2583 Місяць тому +1

      Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.

    • @petecorda
      @petecorda Місяць тому

      Her name is Bonita Jeanette Rodriguez. You can easily find her information to arrange an appointment.

    • @phuc2583
      @phuc2583 Місяць тому

      Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.

  • @benjamindavidson22
    @benjamindavidson22 Місяць тому +37

    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.

    • @carolpaige2
      @carolpaige2 Місяць тому +4

      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

    • @Johnlarry12
      @Johnlarry12 Місяць тому +3

      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.

    • @frankbarnes22
      @frankbarnes22 Місяць тому +3

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

    • @Johnlarry12
      @Johnlarry12 Місяць тому +3

      Carol Vivian Constable 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.

    • @frankbarnes22
      @frankbarnes22 Місяць тому +2

      Thank you for this Pointer. She seems very proficient and flexible. I booked session with her

  • @cypresswalnuts7644
    @cypresswalnuts7644 Місяць тому +7

    the economy is strong but they cut rates to help the "strong" economy? Historically rates go up when the economy is growing strong.

    • @PappyHab
      @PappyHab Місяць тому

      Your obviously not really following along....

    • @cypresswalnuts7644
      @cypresswalnuts7644 Місяць тому

      @@PappyHab following long enough to lose everything when buying equities while the rates are being cut. Best time to invest is the first time the fed starts raising rates again.

    • @PappyHab
      @PappyHab Місяць тому

      @@cypresswalnuts7644 ahhh....there are multiple more factors to the stock market than just rate cuts. Been there done that.

  • @davidbabin387
    @davidbabin387 Місяць тому +2

    How do you come up with Employment Percentages? Does it include a person with 3 Part-time jobs being calculated at a 3 job increase? Or are you just calculating Full-time jobs? This is never explained from a Federal Employee, but when explained by Media, it is manipulated to show a lower percentage! Transparency is the Key, and the Feds. are never completely transparent......

  • @linofierro1
    @linofierro1 Місяць тому +7

    BS!!!!! More lies

    • @Maintenant1
      @Maintenant1 Місяць тому

      Which part specifically

    • @s0.0s
      @s0.0s Місяць тому

      ​@@Maintenant1The part where Trump's appointee says he's helping the economy 😅

    • @Maintenant1
      @Maintenant1 Місяць тому

      @@s0.0s who is Trumps appointee?

  • @Qxhduifwo
    @Qxhduifwo Місяць тому +8

    How does it feel making our money more worthless?

  • @allysonmurray1731
    @allysonmurray1731 Місяць тому +9

    What world is he reporting on? Apparently he's not privy of the very high cost of things. So sick of gaslighting liars.

  • @lindabyrtus857
    @lindabyrtus857 Місяць тому +15

    Tragedy is where this is headed. America is doomed without Trump. 2024 fight fight fight.

    • @MD-mm1zv
      @MD-mm1zv Місяць тому

      In large part because he’s the only one who understands the size (and cost) of government is a significant problem grown far worse with an offshored (missing) economy.
      Government cannot forever supplant a weak private sector.
      What it spends it doesn’t have without creating debt.
      Debt that’s become very expensive, and will eventually consume every tax dollar taken in.
      And anyone willing to buy our bloated debt won’t do it without a substantial return required.
      Without a real axe to government’s size, and the end of deficit spending…the Fed will ultimately not be in control of interest rates…

    • @mitalidavid2325
      @mitalidavid2325 Місяць тому

      Isn't this supposed to b good for the American people? Oh wait, you are a MAGA sympathizer but that won't change the fact that the chairman of the Fed is a trump appointee.

  • @JerzyNowak-2828
    @JerzyNowak-2828 Місяць тому

    I think lower interest rates may lead to inflation coming back. Lower rates will likely weaken the US dollar. I think that market expectations should rather not dictate the conditions whether to cut or not.

  • @alejandramariani-g3o
    @alejandramariani-g3o Місяць тому +1

    OK with inflation rates what about rising prices?

  • @Allin1-gx6oj
    @Allin1-gx6oj Місяць тому +6

    Its kind of signal for big crash because they are worried to therefore they cut 50.

  • @Sharald-c8b
    @Sharald-c8b Місяць тому

    So if your not selling more goods or hiring more employees. Just selling your product at higher rates that's good stable economy in the FDR eyes? Smh

  • @Jackson-l3r
    @Jackson-l3r Місяць тому

    "My name is Jerome Powell, and as Federal Reserve Chairman, my only role is to take a little from each of your fiat wages. It's how the system works. We print credit out of thin air, and in return, your hard-earned money quietly loses its value, siphoning your wealth one dollar at a time. This is the truth I am too cowardly to communicate with you all."

  • @s0.0s
    @s0.0s Місяць тому

    "the US economy is fine if you talk to actual business people"

  • @taylorrademacher8931
    @taylorrademacher8931 Місяць тому +3

    I literally don’t believe what he is saying lol

  • @davidbabin387
    @davidbabin387 Місяць тому +3

    You're a LIAR! I do not see prices coming down. I am a Retiree, living on SSA only. I can only make ends meet if I research lower prices on all my liabilities. Prices are not down, if you think that, you are out of touch with reality!!!!!!!!!

  • @zuse8831
    @zuse8831 Місяць тому

    Prepare for our next 2008 housing market

  • @JerzyNowak-2828
    @JerzyNowak-2828 Місяць тому

    I hope that Trump will fire Powell and that his administration will reverse the rate cut decision!

  • @mrchad97z49
    @mrchad97z49 Місяць тому

    The market close down today of the rate cut. I guess the rate cut was already baked in. Not only that, if those who baked it in previously, and now the market didn't go up, then I guess it did no good to count on the market going up

  • @Elizabeth-mo3fv
    @Elizabeth-mo3fv Місяць тому +3

    what a crock of crap! who wrote that garbage? the economy is STRONG overall, what plant is this guy living on. ridiculous

  • @MD-mm1zv
    @MD-mm1zv Місяць тому

    Crows about inflation down a bit.
    Actually, a weak economy has become more important than inflation.
    No one lowers rates in a strong, booming economy.
    Of course, neither he, nor the democrats, dare discuss the baked-in inflation now accumulated over this lousy administration.
    They’re not giving anyone a 30-50+% discount on common goods and services to offset recent inflation effects…are they?
    And what’s happened to the consumer’s purchasing power in that same time?
    They’re not going to talk about that either…

  • @davegray8451
    @davegray8451 Місяць тому

    I take the Fed's ability to manage the minimal tools they actually have to affect nuanced control in attaining their "two" goal ballance of neutral. I've witnessed their collective wisdom generate tone deaf resistance and later whip-saw knee jerking. So this time the fact they've apparently fallen victim to neither, lets just say thanks and keep up the good work. Take the rare and no doubt momentary win! The job is the very definition of journey, as their is no actual point of destination.

  • @alejandramariani-g3o
    @alejandramariani-g3o Місяць тому

    what did you all get from this lengthy brief?

  • @teresaislas5592
    @teresaislas5592 Місяць тому

    He's lying he's being political and he's lying

  • @alejandramariani-g3o
    @alejandramariani-g3o Місяць тому

    so inflation is lower but lookout for job loss? that what i just heard

  • @esah9182
    @esah9182 Місяць тому

    What would you have said if this happened during Trump's precidency? SO; Dems are Making America Great Again and fixing Trump's mismanaged economy. Vote 💙

  • @JerzyNowak-2828
    @JerzyNowak-2828 Місяць тому

    ❤ TRUMP 2024! ❤

  • @dekzzx
    @dekzzx Місяць тому

    what a joke

  • @michelletran5433
    @michelletran5433 Місяць тому

    Liar

  • @teresaislas5592
    @teresaislas5592 Місяць тому

    He's playing stupid so therefore he is actually lying we got a lot more people here that's why the spending side of it is fine but I'm telling you right now if you don't f****** lower these prices it's going to be a bloodbath

  • @alejandramariani-g3o
    @alejandramariani-g3o Місяць тому +1

    are the 10,000,000+ migrants being considered in your job numbers for unemployment rates?

    • @MD-mm1zv
      @MD-mm1zv Місяць тому

      Exactly.
      Notice, NO one is talking about the huge BLS revision at the end of August.
      Nearly a million no -existent (but once heralded like they did) jobs went…oops.

    • @s0.0s
      @s0.0s Місяць тому

      So you're saying unemployment is even lower? 😂

  • @erymunanda
    @erymunanda Місяць тому +1

    Yy

  • @BensonLynn
    @BensonLynn Місяць тому

    7451 Estevan Mount