Sam Zell: US Heading for a Recession

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  • Опубліковано 16 лис 2024

КОМЕНТАРІ • 489

  • @advancetotabletop5030
    @advancetotabletop5030 2 роки тому +947

    Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

    • @hobbs252
      @hobbs252 2 роки тому +6

      Investors need to act cautiously but remain vigilant in monitoring the market landscape for opportunities to pick up high-quality assets at discounted prices. These are difficult environments, but they also coincide with the best opportunities.

    • @Green-ed7wq
      @Green-ed7wq 2 роки тому +4

      The US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable, considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look, I’ve netted over $850k in the past 10months and it wasn't some rocket-science strategy. I applied , I just knew I needed a firm and reliable technique to navigate better in these times, so I hired a portfolio advisor.

    • @kozovski6628
      @kozovski6628 2 роки тому +4

      @@Green-ed7wq That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the invt-adviser you're using?

    • @Green-ed7wq
      @Green-ed7wq 2 роки тому +3

      @@kozovski6628 .Credits to 'Donna Lorraine Judge' she has a web presence, so you can simply just search her

    • @AmandaMichelle.
      @AmandaMichelle. 2 роки тому +2

      I did check her out, I see why she's booked up, her creds/resumé is topnotch. I booked a consultation with her regardless.

  • @sheliaswelttk2535
    @sheliaswelttk2535 2 роки тому +584

    I sold a couple of homes in the Tampa area for pretty good cash and I'm thinking to just leave it in stocks while waiting for a house crash to happen and as well avoid inflation, but is this really a good time to buy stocks? I hear it's a madhouse right now and I still hear folks are raking in huge 6figure profits by the weeks and I'd love to know how.

    • @williamskohler8337
      @williamskohler8337 2 роки тому +5

    • @gabriellewilson5625
      @gabriellewilson5625 2 роки тому +4

      @@williamskohler8337

    • @davidnewbury1721
      @davidnewbury1721 2 роки тому +4

      @@gabriellewilson5625

    • @tomjason2495
      @tomjason2495 2 роки тому +3

      @@gabriellewilson5625 This recommendation is coming at the right time because i am literally grasping for straws atm! I looked up Amy Priscilla Raskin online and scheduled a phone call with her

    • @gabriellewilson5625
      @gabriellewilson5625 Рік тому +2

      @@davidnewbury1721 Yes i did, and Tracy Helene Aalvik is actually the one that guides me, she’s a highIy-sought out advlser, so I’m not certain she’s accepting new intakes but you can give it a shot. It wouldn’t be proper to just leave her number lying around, but she has a webpage you can look at if you google her name.

  • @dannyscott1276
    @dannyscott1276 2 роки тому +548

    With this crash I'll say it wont be too easy to pick the right stock, Jim Cramer said there are still huge opportunities despite the crash, and I overheard someone talk about making $250k from about $110k since the crash. How do I make these kind of returns Nate?

    • @starcar23
      @starcar23 2 роки тому

      Exactly! I've been studying and researching a whole lot lately so I don't miss out on any opportunity.

    • @henrech
      @henrech 2 роки тому

      Secretly, there a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of FA.

    • @louizb123
      @louizb123 2 роки тому

      Exactly Henry!
      Having an investment adviser is the best way to go about the market right now, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $250K during this dip, that made it clear there's more to the market that we avg joes don't know.

    • @rt.judgejones6839
      @rt.judgejones6839 2 роки тому

      @@louizb123 Hey man! I need guidance so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this trainer?

    • @jackbills
      @jackbills 2 роки тому

      My advisor is ''Kimberly Jean Heavner.'' In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.

  • @ericprunty3734
    @ericprunty3734 2 роки тому +275

    Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?

  • @EK10241024
    @EK10241024 2 роки тому +37

    Sam Zell's mention that the world doesn't have infinite desire for American debt is as honest and candid and informed as anyone can be. The assumption seems to be that there will always be bond buyers and the US can just print unlimited money to pay debt. Sam makes some very good points about the reality of our dismal social and fiscal economics. There won't be a bail out. Without oil, we cannot flourish and the wealth of the nation is dissapearing right before our eyes.

    • @donaldkasper8346
      @donaldkasper8346 2 роки тому

      Sure. US bonds pay 4%. EU is negative interest, you pay them. Japan is 0.25%. Oh look Yen just collapsed. RMB is going in the toilet, but is takes a moron to buy Chinese debt. The US is sucking money out of the whole world at 4%.

    • @sundeeplal4663
      @sundeeplal4663 2 роки тому

      Time tested solution.. Start a war? Bigger the need decides the size of the war?
      That is not a cynical view.

    • @terriesales
      @terriesales 2 роки тому

      So, innovative solutions is likely the area that will be up our country and wealth.

    • @_VISION.
      @_VISION. Рік тому

      It sounds like you want the government to go start killing people to maintain your lifestyle

  • @pritchman4705
    @pritchman4705 2 роки тому +14

    Sam Zell is the man. Glad he could join the program!

    • @malanalan1
      @malanalan1 2 роки тому

      he needs to be put on ventilator.

  • @graceocean8323
    @graceocean8323 2 роки тому +598

    Well, i do have my reservations about the economic crisis. Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $650K portfolio is down by approximately 20%, any recommendations to scale up my ROI before retirement will be highly appreciated.

    • @mcginnnavraj4201
      @mcginnnavraj4201 2 роки тому

      It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @hannahdonald9071
      @hannahdonald9071 2 роки тому

      @Tunnel Vision Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @scottashwood9985
      @scottashwood9985 2 роки тому

      Thank you scout 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 résumé.

    • @zoeytank2921
      @zoeytank2921 2 роки тому

      Found her too. Looks like a quality recommendation. Does it show her annual performance of any of her funds?

    • @TheIncomparableGolfer
      @TheIncomparableGolfer 2 роки тому +1

      Take control of your own money. Don't rely on others to make choices for your future..

  • @alexyoung3126
    @alexyoung3126 2 роки тому +291

    I often wonder how successful investors are able to make millions of $$ from trading stocks. Im completely new on this area of investing. Long story short I have a couple thousands saved up which i want to invest for long term and I know this sounds a bit dull but, I would like to know what advice you could give to start my investing journey

    • @kimyoung8414
      @kimyoung8414 2 роки тому +2

      Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary.

    • @checkforme234
      @checkforme234 2 роки тому +1

      @@kimyoung8414 You need a Financial Advisor my friend so you don't get ripped off in the market.

    • @erichkraetz2622
      @erichkraetz2622 2 роки тому +4

      @@checkforme234 I agree with you totally Rose, Yes they can be positively impactful to an individual's portfolio. I started with a trust Financial Adviser named "INGRID CECILIA RAAD".

    • @joesphcu8975
      @joesphcu8975 2 роки тому +1

      @@erichkraetz2622 Please how can I reckon with such skills and what are his services like?

    • @erichkraetz2622
      @erichkraetz2622 2 роки тому +2

      @@joesphcu8975 You can take a look at her full name on the internet. She is renowned.

  • @CKpremium1992
    @CKpremium1992 2 роки тому +4

    For those who don’t know we’ve been in a recession as of the last fiscal quarter. Before the government changed the definition of a recession a few weeks ago a recession was defined as a decline in GDP over two quarters straight which the last two fiscal quarter GDP reports indicated. If you think things are bad now and you have not prepared you’re in for a rude awakening very soon.

  • @serenitycoastUK
    @serenitycoastUK 2 роки тому +4

    15-20% interest rates for housing. That was fine when average house prices were 4x average earnings. now its 15-16x their earnings.

  • @texasdiscountland
    @texasdiscountland 2 роки тому +6

    This dude is a total legend. For any Gen-Z kids watching this - Sam Zell built the largest real estate portfolios in history in multiple sectors. Then branched out to other industries in the 1980s and built multiple billion dollar plus companies. Total legend!

    • @jobnieloliva5358
      @jobnieloliva5358 2 роки тому +1

      He is a pioneer in rental price fixing. He’s part of the reason why rent is sky high.

  • @thouyang9314
    @thouyang9314 2 роки тому +24

    “If I knew I’d be rich”…. He is rich

    • @djhonline1
      @djhonline1 2 роки тому +3

      Guys like him never have enough

    • @BGatts666
      @BGatts666 2 роки тому +1

      @@djhonline1 He means he will be rich on the inside.

  • @andyjohnson9402
    @andyjohnson9402 Рік тому

    First time I heard Sam speak . Straight facts! This guy is legit.

  • @NickSprecher
    @NickSprecher 2 роки тому +24

    “If I knew I’d be rich” 😂 you are rich, Mr. Zell

    • @vkrgfan
      @vkrgfan 2 роки тому +5

      Right? He doesn’t understand that people like him are the problem. Completely oblivious 🤡

    • @EK10241024
      @EK10241024 2 роки тому +5

      That was the funny he was making. He knows, and he's rich.

    • @sanbruno6010
      @sanbruno6010 2 роки тому

      PEACE
      CALM
      PROSPERITY
      FREE THINKING
      GOOD HEALTH
      HUMANITY UNITED
      OPTIMISM

    • @Lombardi54
      @Lombardi54 2 роки тому

      @@EK10241024 you saw through the deadpan joke!

    • @EK10241024
      @EK10241024 2 роки тому

      @@Lombardi54 I have a keen perception of the obvious.

  • @durian5233
    @durian5233 2 роки тому +5

    Sometimes ago, the word "trillion" use to be common in the school of astronomy and galaxy.

  • @sharonh2991
    @sharonh2991 2 роки тому +1

    Hahah! If I knew I’d be rich. Sam Zell is one of the richest men in America. I love Sam Zell, he has both experience and wisdom.

  • @woodspriteful
    @woodspriteful 2 роки тому +4

    He didn't mention corporate greed or how inflation was primarily fueled by it. He didn't mention the greatest gap between the poor and rich in US history. Its always the littlest, more vulnerable people who have to suffer, women and children first. Yeah, that's our strategy for "reigning it in."

    • @rokyericksonroks
      @rokyericksonroks 2 роки тому +1

      The Cares Act of 2020
      American Rescue Plan of 2021
      Each one expanded the money supply by 20%. In aggregate, the $USD falls in value causing prices to rise (inflate). We spend our children’s future dollars on ourselves.

  • @shank-bf3gu
    @shank-bf3gu Рік тому

    Now that we’re in the month of June, are the predictions you made two months ago valid?

  • @gregorysagegreene
    @gregorysagegreene 2 роки тому +7

    "I have a sense that a recession is coming" - when the rich start to feel it, you know you're *done.*

    • @theoeguia3302
      @theoeguia3302 2 роки тому

      I clearly remember the rich all over the world starting leaving 1.5 months before the 2 week pandemic started.

  • @realestatetadesse
    @realestatetadesse 2 роки тому

    thanks for sharing. I work as a realtor and see this in real-time.

  • @xpicklepie
    @xpicklepie 2 роки тому +2

    The biggest point I got was the high concern that the US could lose it's reserve currency status.

    • @xiaoluolaila
      @xiaoluolaila 2 роки тому

      That's why controlling inflation is so important

    • @_VISION.
      @_VISION. Рік тому

      And it should, they've been assholes to other countries for decades

  • @11infulence11
    @11infulence11 2 роки тому +1

    Nobody wants to talk about how we are currently INSIDE of the situation now.
    ITS ALREADY HERE

  • @poobum9857
    @poobum9857 2 роки тому +1

    he was very good at summerizing what is happining and what is likey to happen looking out while swiping at the current politcal/societal malaise ...

  • @Curbalnk
    @Curbalnk 2 роки тому +1

    My wife and I did very well in the amount of money that we amassed for retirement. Well over 80% of that money was made because of taking advantage of buying high-end stocks at a deep discount during the Great Recession. 2009 I fired the stockbroker got rid of all mutual funds and bought individual dividend stocks. Be patient don't get scared and do your homework and you can make a killing.

  • @jessicamamikina7648
    @jessicamamikina7648 2 роки тому +7

    The stock market has been a really tough one this past year, but I watched an interview on CNBC where the anchor kept mentioning " karina mattis ". This prompted me to get in touch with her, and from August 2022 till now we have been working together, and I can now boast of $540,000 in my trading portfolio.

    • @dorissteve912
      @dorissteve912 2 роки тому

      That's right, getting in touch with a consultant during the pandemic was how I was able to scale through the crazy stock downtrend.

    • @jamesmaduabuchi6100
      @jamesmaduabuchi6100 2 роки тому

      That's massive. Can you please connect me with your personal broker, I would love to work with her

    • @jessicamamikina7648
      @jessicamamikina7648 2 роки тому

      Like I said earlier , her name is karina mattis , and you can reach her via her website.

    • @jessicamamikina7648
      @jessicamamikina7648 2 роки тому

      Just run a search on her name, and you would see all you need.

    • @jamesmaduabuchi6100
      @jamesmaduabuchi6100 2 роки тому

      Thanks for the info . Found her website and it really impressive

  • @pabloescabar1038
    @pabloescabar1038 2 роки тому +22

    2 consecutive quarters of negative growth has been the definition of a recession. We have had three quarters so far.

    • @id10t98
      @id10t98 2 роки тому +1

      We've had 14 years of record low interest rates. wtf does that tell you, everything is normal?!?

    • @gotnoname3956
      @gotnoname3956 2 роки тому +5

      Thats not the official definition. Take a look at the definition from the NBER. There you also find the relevant indicators. Talking about a recession while unemployment decreases is kind of ridiculous. Moreover, we had a recession at the beginning of the 2000s but never had 2 quarters with negative real growth back than. Just one example of a recession without 2 consecutive quarters with negative real growth.

    • @pabloescabar1038
      @pabloescabar1038 2 роки тому +1

      @@gotnoname3956 that has been the definition for decades and you know it. You have an overt political bias and it shows.

    • @gotnoname3956
      @gotnoname3956 2 роки тому +2

      ​@@pabloescabar1038 It is not the definition for decades. Just take a look at the NBER and their classification approach. The NBER is classifying recessions in the US. As said before, you will find several recessions WITHOUT two consecutive quarters of negative growth. Moreover, you also will find no recession with decreasing unemployment rates. There are several indicators that are used by the NBER to classify a time period as a recession. Nothing new but people like you claiming that it's completely new...

    • @sumthinfresh
      @sumthinfresh 2 роки тому

      @@gotnoname3956 2 quarters is the rule

  • @douglasdunn6015
    @douglasdunn6015 2 роки тому +1

    The FED is camouflaging it's debt purchasing , increasing it's quantity.

  • @KelliAnnWinkler
    @KelliAnnWinkler 2 роки тому

    Yep, and what makes it even more painful is that much of it is by design.

  • @jamesruscheinski8602
    @jamesruscheinski8602 2 роки тому +1

    Would it help to close the federal government for good and decentralize the United States?

    • @iamhudsdent2759
      @iamhudsdent2759 2 роки тому

      That was the original plan, almost, at least compared to the monstrosity we have now.

  • @leestack
    @leestack 2 роки тому

    Sam, hit this interview out of the park. Yea, Sam - it's the economy.

  • @MegaPapa8888
    @MegaPapa8888 2 роки тому +1

    an honest person talking about reality.

  • @paulmaier6305
    @paulmaier6305 2 роки тому

    smartest guy in ANY room

  • @RealEstateToolKit
    @RealEstateToolKit 2 роки тому

    What is your definition of rececssion if we are not in it already.

  • @xxcelr8rs
    @xxcelr8rs 2 роки тому

    This guy knows.

  • @enterpreneur9738
    @enterpreneur9738 2 роки тому +3

    Just get out of debt and stock up on food. Ammo too.

  • @lfischer8380
    @lfischer8380 2 роки тому

    I disagree. I don't think the dollar is in jeopardy after a review of the slowing economies and wealth exodus occurring in China and Russia. I believe Sam is absolutely right about a need for a spending discipline in DC.

  • @greaterbayareahero1401
    @greaterbayareahero1401 2 роки тому

    What do you mean heading? It's already in the middle. It's how long before it hits rock bottom.

  • @marekkolenda2803
    @marekkolenda2803 2 роки тому +3

    Housing market sales drops and get bigger numbers every month

    • @thomaskauser8978
      @thomaskauser8978 2 роки тому

      It's 9 months before this babies water breaks!

    • @dragon.fromindia3235
      @dragon.fromindia3235 2 роки тому

      Buy more gold and silver as standard assets...They are used in future technology...Sell them all bitcoins and equity stocks and all companies are going bankrupt..start new startup business

  • @goneviral8814
    @goneviral8814 2 роки тому +7

    Finally someone who knows what's going on

  • @deepfriedcherrypie5366
    @deepfriedcherrypie5366 2 роки тому +2

    explain how we're not already in one

  • @user-vq4mt4zd4e
    @user-vq4mt4zd4e 2 роки тому +1

    great content thanks

  • @JoeDoe2
    @JoeDoe2 Рік тому +1

    "If I knew I'd be rich." Oh please, gimme a break.

  • @kaimingraymondchoi9909
    @kaimingraymondchoi9909 2 роки тому +1

    When people look at certain indicators, yes, US is heading towards recession. But strangely, both demand and employment remain relatively strong.

    • @jobnieloliva5358
      @jobnieloliva5358 2 роки тому

      That’s why we have inflation and why the fed will continue to raise rates. The recession will get worse.

  • @jaredcrenshaw1115
    @jaredcrenshaw1115 2 роки тому +7

    Headed toward a recession. We're deep in one.

  • @ronaldmcdonald3965
    @ronaldmcdonald3965 2 роки тому +2

    Our government is squandering our advantages. Taking our privileges for granted.

  • @truepersona6804
    @truepersona6804 2 роки тому +8

    Sam Sell is saying the USA is headed for a recession. This must be serious !?! 😂🤣😂

  • @danielisaiasguerra3196
    @danielisaiasguerra3196 2 роки тому

    just as reality is. and it's a lot - simplemente como es la realidad. y es mucho

  • @arebolar
    @arebolar 2 роки тому

    They say that we are living a crisis of the fiat currencies. However, if Gold where our currency, inflation would be even higher, because gold has gone down in relation to the US dollar.

  • @timothyandrews3443
    @timothyandrews3443 2 роки тому +14

    I will forever be indebted to you, you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs Leerah Hughs.

    • @janelucas4890
      @janelucas4890 2 роки тому

      I’m surprised you know her too. I’ve been making alot of profits investing with her for a few months now.

    • @clintonmichaelson697
      @clintonmichaelson697 2 роки тому

      Mrs Leerah Hughs changed my life because of the huge profits I got from investing with her.

    • @christabelbillings3836
      @christabelbillings3836 2 роки тому

      I’m new at this, how can I reach your broker?

    • @timothyandrews3443
      @timothyandrews3443 2 роки тому

      you can communicate with her on TELEGRAM with the username below.

    • @timothyandrews3443
      @timothyandrews3443 2 роки тому

      investwithleerah

  • @Myfriendozzie
    @Myfriendozzie 2 роки тому +3

    Worries about the dollar are nonsense. Would you hold yuan or rubles. Hell no. The dollar can fluctuate all around. Yet all other currencies are not only shit but have no rule of laws custody. So far and for the foreseeable future. It’s Dollar or nothing.

    • @sanbruno6010
      @sanbruno6010 2 роки тому

      PEACE
      CALM
      PROSPERITY
      FREE THINKING
      GOOD HEALTH
      HUMANITY UNITED
      OPTIMISM

    • @terriesales
      @terriesales 2 роки тому

      No, but must say, starting to think about Bitcoin. Don’t own any, but the concept is intriguing.

  • @karol6322
    @karol6322 2 роки тому

    No its not. The USA is strong.

  • @dstorm7752
    @dstorm7752 2 роки тому +1

    Definition of recession was met some time ago, despite media efforts at semantics...

    • @terriesales
      @terriesales 2 роки тому

      Think many people noticed a difference in cost, but the wealthy - those who run our country- didn’t notice as our noticeable increase is unnoticeable to them. It’s Pennie’s to them.

  • @vincentmurphy9252
    @vincentmurphy9252 2 роки тому

    They should of been raising rates in 2014 not 2022

  • @ChrisSketch89
    @ChrisSketch89 2 роки тому +1

    We were borrowing in millions at some point too back when that was a lot, but GDP increased. Talking about debt in nominal terms is meaningless. Relative to GDP makes more sense.

  • @briansolares8885
    @briansolares8885 2 роки тому +1

    Wake up people

  • @abelzoni2138
    @abelzoni2138 2 роки тому

    Heading? My only option is to work more and more to pay for the same. If you're not working more I don't know how people are keeping up with prices

  • @Arcwol
    @Arcwol 2 роки тому +1

    The oracle has spoken. We must never question the oracle of schadenfreude

  • @augustosanjuan7681
    @augustosanjuan7681 2 роки тому

    Toxic politics is the culprit of this crisis.

  • @FifthKnowledge
    @FifthKnowledge 2 роки тому +2

    The ability to print paper funny money lets us live like we have wealth that actually doesn't exist.

  • @donarcher5555
    @donarcher5555 Рік тому

    The FED hasn't stopped buying the debt. They have a balance sheet that we're not allowed to see.

  • @steffengasthaus4967
    @steffengasthaus4967 2 роки тому +1

    Great Show. I can't degree more. We all need to put our belts.

  • @gh8066
    @gh8066 Рік тому +1

    "if i knew i'd be rich" Sam Zell - estimate networth 5.4b

  • @anthonyballog8026
    @anthonyballog8026 2 роки тому +1

    All the analysts and economists will get it wrong. Here is why: We are starting the 4th technological revolution. It started with tesla but moreover it was in 2018 when solar became the cheapest energy producer and today with battery storage it is the cheapest period. Did you know that renewables are 23% of the grid and growing exponentially. You cannot take the cost out of energy. This is old thinking and still in effect today.

  • @franktuccillo6097
    @franktuccillo6097 2 роки тому

    Hey everybody is excited because we have a lower CPI reading this month but 7.7 is a long way from the 2% target the Fed cannot pivot anytime soon he hast to keep raising rates above the inflation rate at least two points above if he really wants to fight inflation I say let’s do it everybody feels some pain And get inflation down 2% target

  • @ABCXYZ-jk8me
    @ABCXYZ-jk8me 2 роки тому

    Worship Money=7 Years of Tribulation
    Worship Messiah=7 Years in Heaven
    [Born-again RETURN in 2nd Coming 4 a Millennium]

  • @gregwang8628
    @gregwang8628 2 роки тому +1

    Discipline has never been a US brand of behavior economics and notable traits! Now the consequences hit, are we well prepared and properly equipped to fight and tackle the monster we created ourselves?

    • @danielvalenzuela8814
      @danielvalenzuela8814 2 роки тому

      YES. Time for the federal government to deficit spend another $1.5t (maybe more) over the next 12 months.

    • @dragon.fromindia3235
      @dragon.fromindia3235 2 роки тому

      Sell them all bitcoins and equity stocks and all companies are going bankrupt..start new startup business Buy more gold and silver as standard assets...They are used in future technology...

    • @dragon.fromindia3235
      @dragon.fromindia3235 2 роки тому

      War is a good thing to stop bad people...peace will get only when bad people dies

  • @samfish6938
    @samfish6938 2 роки тому

    A LOT OF PEOPLE ARE OUT SPENDING AS IF A RECESSION IS NOT COMING IN MY CITY GAS HAS GONE UP 32 PERCENT FOOD NEARLY 30-40 PERCENT TECH JOBS ARE STARTING TO GO

  • @QwkDraw
    @QwkDraw 2 роки тому

    The country's financial debt must still be paid, recession or NO recession. Mass government pending must be cut, social security, stimulus, migrant free bees, government pensions, must all be disrupted which will then cause an additional problem, social and government insurrection. Sit down and hold on. It's NOT going to be pretty.

  • @patrickbateman783
    @patrickbateman783 2 роки тому

    The Legend 🙏🙏🙏

  • @marekkolenda2803
    @marekkolenda2803 2 роки тому +1

    Possible black market on physical gold because market prices manipulation.

    • @sanbruno6010
      @sanbruno6010 2 роки тому

      PEACE
      CALM
      PROSPERITY
      FREE THINKING
      GOOD HEALTH
      HUMANITY UNITED
      OPTIMISM

    • @marekkolenda2803
      @marekkolenda2803 2 роки тому

      @@sanbruno6010 Sell rallies on stocks market right now

  • @russelljconquerslifehawkey
    @russelljconquerslifehawkey 2 роки тому

    Let’s be honest when interest rates are 17% the houses are $100,000 less so it doesn’t hold up with our Environment

    • @sxxon751
      @sxxon751 Рік тому

      Unless there is a massive crash in property prices. But maybe 7% is the new 17%?

  • @cj3720
    @cj3720 2 роки тому

    To anyone tempted to vote republican, corporations have lavished over ONE BILLION DOLLARS on the Republican party to promote candidates that will NOT hold corporations to account for runaway inflation. This current inflation is 54 percent directly attributable to corporations profiteering on food, gas, and everything else you NEED to buy ... not want, need to buy. If you vote republican, you're voting for massive inflation in the next six months. Look it up for yourself. Search for Katie Porter's video on the subject.

  • @ravindertalwar553
    @ravindertalwar553 2 роки тому

    BEST Wishes

  • @charlesgoldstein4508
    @charlesgoldstein4508 Рік тому

    Stop saying, you know constantly!!!

  • @tioswift3676
    @tioswift3676 2 роки тому

    Oh, so because employment is high we aren’t in a recession? Negative GDP? K

  • @MrSupergibs
    @MrSupergibs 2 роки тому +2

    "If I knew I'd be rich" says Billionaire Zell...did I miss something 🤷‍♂️

    • @sxxon751
      @sxxon751 Рік тому

      Two jokes in one hehe

  • @mindpuzzle81
    @mindpuzzle81 2 роки тому

    Um debt to GDP ratios are falling at the fastest rate in decades. We are saw our countries total debt to GDP fall by roughly 80 percent of GDP.
    Household debt over the past year has fall 8 percent. Corporate debt is static even as profits Ballon. Government debt is growing but has fallen to just 4 percent of GDP and that continues to fall on rising tax revenues.
    On macro economic scale the US economy might be the cleanest dirty shirt in the room but that failed to exemplify just how dirty all the other shirts in the pile actually are. The US is like the day old shirt while most of the rest are like the kinds of shirts you'll pull off of a homeless person.
    Now I'm not saying the US can't be doing things better but we haven't been doing as badly as these other countries and we are also the country that is moving the fastest to get that house in order.
    So I really think this is extremely alarmist about the economy and I also think that crap like this runs the hazard of cause a public over reaction to what is a simple cyclical nature of our money and debt supply.
    Especially given that discipline has largely already returned to the US spending and debt creation across all sectors.

  • @BartSantello
    @BartSantello Рік тому

    In hindsight, he was wrong about the election. So it makes one think does anyone have proper insight on the future, or, is it just people expressing opinions on things they/we have no control over?

  • @AtlanticIslander
    @AtlanticIslander 2 роки тому +1

    Reserve currency status is in its way out, that’s for sure

  • @michaelcorrigan6558
    @michaelcorrigan6558 2 роки тому

    I feel better

  • @DKK
    @DKK 2 роки тому +1

    Headed?
    Already there jack!

  • @poTyoB
    @poTyoB 2 роки тому

    This was important to hear, thank you

    • @sanbruno6010
      @sanbruno6010 2 роки тому

      PEACE
      CALM
      PROSPERITY
      FREE THINKING
      GOOD HEALTH
      HUMANITY UNITED
      OPTIMISM

  • @vectoraerialimaging774
    @vectoraerialimaging774 2 роки тому

    Which nation has a currency that can compete with the dollar? Last year people thought the Chinese Yuan would take over as the safe haven asset. Boy were they wrong. In the near future, no nation has the economy and safe haven status that the US commands.

  • @JoeDoe2
    @JoeDoe2 Рік тому +1

    The word 'trillions' didn't exist? We "lost our discipline." What discipline? He's smokin' somethin' on another planet.

  • @jmcg5838
    @jmcg5838 2 роки тому

    2008 housing crisis again? MUCH WORSE. History repeats but this time it was governments injecting massive liquidity (and charging fees) and guaranteeing debt to the lenders (easy mortgage insurance) while interest rates were being driven to insane levels. This debt bubble is just as nasty (or nastier) but will fall apart at a different rate for different reasons. We did it again turning housing into a financial asset class fuelled by institutional investment and then piled on again by people far over leveraging their homes to become landlords. Brokers and realtors added fuel with their assertions that real estate value will NEVER decline. The 10 year bull run is over and the bears are gathering.

  • @ChrisAcheson
    @ChrisAcheson 2 роки тому

    Let’s go Brandon🎉

  • @reignmkr64
    @reignmkr64 2 роки тому

    He is wrong on the debt cost. Debt issued years ago was at a fixed cost. We didn't die when rates were high. We won't now. Pain for some sure. But high inflation will kill economies. Guys like Zell whose business is literally based on its ability to borrow, will always scream about high rates. Where was he when debt was too cheap? Rates were far too low for far too long. That's why the Fed raising rates now is particularly painful. China has it's own economic issues and Russia is in a precarious position. Zell is political in his assessments...period. The main issue facing the government is extremism. The fiasco in the UK has proven that moderation is the order of the day needed to right the ship. GOP extremists being elected will be no different or maybe worse for our economy if the follow through with their threats to shut down the government and give massive tax cuts. Aren't we tired of the notion that only one party has the solution that ails us? Compromise needs to be reinstated as the way things are done in Washington.

    • @eljefe5858
      @eljefe5858 2 роки тому

      You clearly do not understan the U S debet. Is accumulative. Barrow to pay. That is why is 31 T+

  • @VeritasAmantesVocat
    @VeritasAmantesVocat 2 роки тому

    Translation: Don't raise the interest rates because then I will have only $1B instead if $10B.
    bfh

  • @hayat2893
    @hayat2893 2 роки тому

    I’d rather buy AMC11X, atom, polka and polygon!

  • @michael2275
    @michael2275 2 роки тому +1

    Bitcoin is the way.

  • @User-pu3lc
    @User-pu3lc 2 роки тому

    We’re going to pay the debt down through prolonged periods of inflation.

  • @oyunlarinhabercisi9157
    @oyunlarinhabercisi9157 2 роки тому

    I'm DCAing in AMC11X as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

  • @marekkolenda2803
    @marekkolenda2803 2 роки тому

    For example 1 ounce of physical gold prices 1,000$ but can’t buys from gold dealers.On black market prices be 2,000$ or 3,000$ per ounce

    • @markmcgwiresbackne5705
      @markmcgwiresbackne5705 2 роки тому

      Ugh, spot gold price is $1650. Why would someone pay 2k-3k when they could walk into a pawn shop and buy it at spot.

  • @childrenanimation5767
    @childrenanimation5767 2 роки тому

    Guys what is AMC11X I hear everyone is talking about it. how can I buy it?

    • @sanbruno6010
      @sanbruno6010 2 роки тому

      PEACE
      CALM
      PROSPERITY
      FREE THINKING
      GOOD HEALTH
      HUMANITY UNITED
      OPTIMISM

  • @dont_trust_any1_even_ur_waifu
    @dont_trust_any1_even_ur_waifu 2 роки тому

    wise old man

  • @ekoboyz757
    @ekoboyz757 2 роки тому +1

    when we have the lowest job number, hard to say we are in a typical recession. Not to mention the equities market and real estate was way over valued and unnaturally inflated so this is really just a adjustment. Anyone who is older remember a recession and this is hardly even close to one, lets get real on the facts.

    • @id10t98
      @id10t98 2 роки тому

      We've been in the Denial Depression since 2008-09. If 14 years of record low interest rates dont tell you that then nothing will.

    • @Papiepi13
      @Papiepi13 2 роки тому

      Then tell me about the inflated every day market prices. This isn’t correction. Our standard of living is in jeopardy. The cold winter is coming

  • @mikehawk4856
    @mikehawk4856 2 роки тому +3

    We’ve been in a recession since 2008

    • @deepblue523fl
      @deepblue523fl 2 роки тому +2

      We've been in a recession since 1877.

    • @mikehawk4856
      @mikehawk4856 2 роки тому +1

      @@deepblue523fl lmao 😂

  • @conquest562
    @conquest562 2 роки тому

    That old man makes a lot of sense. Why is he not running the fed?

  • @mooser321
    @mooser321 2 роки тому

    "My first home was 15%"
    House prob cost 60k

  • @CapAnson12345
    @CapAnson12345 2 роки тому

    What genius.