The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $180,000 savings vanish after putting in so much effort to accumulate them.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $100K to $272K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
@@HopesKruses The reason I decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became so much(I should be retiring in 17months) so I've had a brokerage adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
@@KarenDuncan-o5s 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?
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.
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
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.
t's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
I'm pleased I found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’LUCIA ALICIA CRUZ” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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
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.
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.
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 ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
Not offering any particular advice, but I can assure you that most stocks still have growth potential. Re-distributing is not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
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.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Here are some numbers for the middle class Americans out here like myself. Inflation rose 21% since the pandemic. These elitists say wages grew 22% during the same time frame. So if the median income for a worker was roughly $36,000 before the pandemic and now its just around $40,000. Where in these two numbers do they get 22%. They are off by 11%. These agencies need to stop using average numbers because the rich continue to get richer. While most of Americans dont. The median numbers show a different story.
The rich I think are getting richer much through asset price increases in the stock market and real estate. I watch a lot of various financial reporting and haven't heard people throwing around stats that suggest nobody is worse off. I think the CPI calculation isn't flawed for the purposes of monetary policy. However, it doesn't tell the whole story, which is, inflation hits the less well to do the hardest. Perhaps some new measures could be published to give this issue more visibility, though ultimately fixing inequality needs income redistribution, which is highly contentious depending on your political affiliation.
@@jesselee3391 I completely agree, the markets in real estate and on Wall Street keep on going up. As far as reports go discussing the CPI, they like to focus so much on headline inflation rather than core inflation which affects the common consumer so much more. Core is at 3.2% which is very unsustainable. I honestly think that whichever political affiliation someone leans, we won't be able to fix the ultimate underlying problem this country can't overcome. It's greed. The greed of yesterday is nothing like what it is like today. We can't keep printing more money being 34 trillion dollars in debt so the only place the rich can get richer is by allocating wealth from the middle class by owning more of this country's assets.
Not income distribution, but wealth distribution. I mean, someone in 60k debt earning a lot is so different from someone with 20M in assets earning a little.
You also lose your job and income. what’s the difference between recession and depression? The duration? Severity or both? We need inflation to erode the social security liability. We’re going to need higher wages and lower taxes and government spending just to continue paying SS and defense.
Easy money only benefits the elites and screws the regular folks. Paul Volker is turning over in his grave. End deficit soending and cut govt. let the markets set rates.
Corrupt system and they want your vote. Brainwashed people wake up and think. Rate cut and why now? , because Democrats want your vote. Don’t be fooled by this.
Price are high but inflation is trajectory. Prices were high 12 months ago, and prices are 2.2 higher this August from last year's august. Prices go down if we have deflation (which isn't good), we need income to go up to equalize the high prices. Car loans, mortgages, and any other type of loan currently have high interest rates but have started coming down and will come down further with this 0.5% interest rate cut
@@timothybragayou're doing the lord's work but sadly I don't think a lot of these people commenting will listen or have the level of basic econ knowledge to understand you
and they will continue to rise, though at a lower rate now, as increased prices don't go away. Which isn't necessarily bad, but real wage growth would be nice
falling interest rates could definitely encourage homeowners to sell. Some who were hesitant to list their homes when rates were high might feel more confident now, knowing that buyers can afford larger mortgages
Right. This could help cool down some of the crazy price spikes we've seen due to limited inventory. More inventory could mean a more balanced market, which would benefit both buyers and sellers. Plus, for homeowners looking to upgrade, lower rates make it more affordable to take out a new mortgage for a bigger or better home
And for buyers, this might finally be their chance to get into the market without facing bidding wars or astronomical prices. As more homes become available, prices could stabilize, making homeownership more accessible. It's a win-win.
That’s true. And even if more inventory comes on the market, it doesn’t guarantee that it’ll be the kind of housing people are looking for. For example, in some areas, there’s already a surplus of luxury homes, but what’s really needed are affordable starter homes. So, more listings may not solve the affordability issue unless the right types of homes are coming up for sale
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 Jessica Lee Horst for the last five years or so, and his returns have been pretty much amazing
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
"My name is Jerome Powell, and as Federal Reserve Chairman, my 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."
The FED has decided to lower the prime interest rate by 0.5% today. The reason for this reduction is that the economy is showing signs of recovery from the disastrous inflation rate caused by the Biden-Harris administration. Kamala Harris does not get any credit for this reduction in the prime rate. Prices remain out of control and it is still difficult for American families to make ends meet.
I don't see a recovery sir. I see another bubble. I know the word stagflation sometimes gets thrown around, and most of us have never seen it. But no matter who the President is, I really think we might experience stagflation next year. These numbers don't make any sense.
Inflation ran up prices on many necessary goods and services by 65 - 75%. Labor has been contracting as brick and mortor business has been shutting down. We actually need a recession to get back on track. Valuations on tech stocks have little to no correlation to NPV of future cash flows. Destructive to people on fixed incomes. Middle class losing ground by the day. Perfect example of home variables used can skew outcomes of statistical analysis
Indeed. Valuations on tech stocks have little to no correlation to NPV of expected future cash flows. Overvaluation. See stock splits and capital structure.
@@UsmanKhan-wo9hi higher interest rates lead to a slower economy, less consumer spending power, and sometimes leads to increasing unemployment but not always. In this recent case from 2022 until now, unemployment has only risen from about 3.5% to 4.2% about 7 bps.
The half point tells you everything you need to know as someone who want to school for this you don't drop a half point if everything is going good it's not prices are sky high and the increases in wages have not kept pace with the rise in all prices ...inflation in the last 4 years has gone up basically for 2 reasons ..1 all the free money Givin out since the pandemic and the minimum wage increases in many states...new jersey where I live has gone from 8.50 to 15.13 in 3 and half years that's an increases of 340.00 weekly to 605.00 weekly or 13,780 per employee per year with 8 employees I pay that's 110,240.00 per year now plus the double taxes on social security unemployment and other taxes plus 8 percent for workman's comp insurance plus the increase of food costs and the last 4 years flour 70 percent sugar 45 percent butter eggs ect up over 40 percent last four years ...nothing is affordable anymore and biden harris and company are to blame....its time fir a new leader
Agree, when I heard 50 basis points, it took me by surprise. If core inflation is at 3.2% why would the cut be so large? The Chairman messed up from the start calling the inflation transitory. The huge cut can only point to numbers the FED is watching and do not like. I was in the camp where he shouldn't cut until after the election. This is only going to make homes and the cost of living more expensive because it gives the illusion that everything is great. And the rich will spend even more.
@word123456789100 agreed not a trump guy but I'm voting for him because it was better with him in office as a leader good as a person not a fan and weather people realize we're in a recession and we'll find that out next year...as for inflation only idiots thought it was transitory
I hope peach life with steadiness or smooth as an ordinary, no matter how the policy of currency, had even the policy of rates rising and cutting for those past years made sense for ordinary people? poor got poorer and rich got richer...
The Fed seems to have given up on controlling inflation. Total CPI up 2.5% and Core Core +1.5% CPI up 3.2% in August. On the other hand, the recession is accelerating. Americans’ spending power has shrunk, and credit card delinquency rates for those under 40 are approaching 10%. Delivery in the second half of this year is down from last year, and layoffs at small businesses with fewer than 100 employees are increasing. No matter what the media says, most Americans just miss Trump’s economy.
@@ubiquitous8947 I'll be voting for Trump for the first time ever this November. But I don't think he can fix this. We just spend too much money as Americans. If core CPI stays above 3%, I can't imagine Mr Powell cutting rates when the FED meets again.
HALF!!!....HALF!!! (1/2) of point is nothing Powell!!!. you have money you can buy food and go on vacations because you have the money. you need to help the middle class and the poor. why are you doing this?????. WHY???........ do not give me all these fancy talk. Why???? are your doing this? does it make you feel good to see people struggle. dose it make you feel good that you are better then the poor and middle class. listen, you eat and poop and pee just like everyone else. you bleed just like everyone does. NO PRICES ARE WAY TO HIGH. AND LISTEN THIS CAN BRING DANGER TO OUR COUNTRY. PEOPLE WILL GET DESPRATE AND YOUR GOING TO HAVE A MESS IN YOUR HANDS. SO MY ADVISE TO YOU IS BRIG THOSE POINTS DOWN. PEOPLE ARE GETTING SICK AND TIRED. YOU ARE TEST BAD GROUNDS. DO NOT TEST THE PEOPLE. I SUGGEST THAT YOU GO BACK TO YOUR MEETING AND MEET WITH YOUR RICH COLLEAGUE AND SPEAK ABOUT WHAT CAN HAPPEN. YOU WILL NOT WANT TO HAVE A MESS IN THIS COUNTRY.
„Our main target in the last year has been inflation AND RIGHTLY SO!“ What a crap. Imported price shocks are not to be dealt with interest rate increases… especially the EZB shouldnt have done it…
PRESIDENT TRUMP IS ON A MISSION FROM GOD! GOD BLESS US! PRESIDENT TRUMP WILL ALWAYS PUT AMERICA FIRST! PRESIDENT TRUMP WILL BRING BACK WORLD PEACE AGAIN! PRESIDENT TRUMP WILL MAKE AMERICA RESPECTED AGAIN!
@@sensation341dumb. When he was president, he gave his president salary to national parks and he’s actually losing more money trying to save this country. He’s being attacked by the democrats over accusations, courts fees, fines, etc.
@@philippusbotha6635 How quick are we to try to prove wrong the Words of God. $5 in 1929 would be equivalent to roughly $92.00 today. $5 is about the price of a carton of eggs today. If the price of a carton of eggs was $92.00 today then we could compare it to the Great Depression. But it will soon be!
Well Jerome, Arthur Burns would be very proud of you. Paul Volcker, not so much. You got it wrong at the beginning, and you’re getting it wrong at the end, but you did okay in the middle.
@@thomast7748it worked??? Lol. Inflation numbers are cooked. The only reason inflation came down is because of oil. Inflation is out of control. And will continue even hotter....with these lower rates. We in reality....are triple or quadruple the cooked cpi rate. Also look at u6 for real unemployment. Welcome stagflation
@@hotdogstandmanInflation has been decreasing WHERE?!? Is food cheaper? Rent? Insurance? Eating out? Last night, we went to our local ice cream parlor and bought four kid’s cups. The total was $44!!! We were so shocked, the owner actually apologized for how high the prices were and explained it was because how expensive his supplies have gotten. This drop is just a SHOW before the Election, to make it look like the Dparty is doing something after Trump called Kamala out on the debate stage.
YES!! That's actually her name (Elizabeth Liane) so many people have recommended highly about her and I'm just starting with her😊from Brisbane Australia 🇦🇺
The reason for a rate cut is labor market. But it is in good shape now, he stated. And, the economy is fine. His statement shows who the Fed is supporting in 2024 election.
Could be or the FED is looking at data that's not favorable in the future. With core inflation at 3.2%, this cut was too large. I agree the Chairman is probably in favor of Kamala but I don't know if he would risk this cut based on his political preference. Arthur Burns was Chairman of the FED in the 70's. He made some poor decisions as Chairman that are still talked about today. Hope Chairman Powell isn't following in his footsteps.
Will this effect our rent, grocery shopping interest rates and credit card interest rates. We make more money and we give that extra back for taxes will that change
You're not getting screwed by taxes right now. You're getting screwed by rampant capitalism, greedy companies. Without bipartisan legislation and policy, it won't change. Don't expect anything out of the GOP as they tend to just deregulate and let companies do what they want.
The tricky thing about inflation is that we experience it every year but don't notice it. For example from 2010 to 2020 prices rose at an average of 19%. Since 2020 prices have increased 21%. Most of that increase have come from shelter, certain goods in the grocery store, and auto insurance. Prices will never go back down (that would be deflation, that's worse than inflation). Here's where it gets tricky, in order for prices to stabilize and not rise so quickly, rates climb to limit borrowing so as to slow the economy. The problem is the economy really hasn't slowed and core inflation is at 3.2%. This cut, with the combination of wages increasing will keep inflation higher repeating this scenario once again.
i want to know what world him and the rich and his colleagues live in. I just came from getting 5 items of groceries 43.00 for all of it. I gotta make that last the rest of the week.
Yeah I got Lincoln s beard back on my penny maybe next year I'll have his face and the bowl and Harris have you heard of s revolving door the way THEY came in is the way they Go out
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
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.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k
I'm pleased i found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Gabriel alberto william for about five years now and his performance has been consistently impressive, he’s quite known in his field, look-him up by searching the name online
"Good afternoon ... " 📈📈📈
The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $180,000 savings vanish after putting in so much effort to accumulate them.
I'll suggest you find a mentor or someone with experience guide you especially in this recession. for your and portfolio diversification.
Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $100K to $272K in a short period of time. I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go
@@hasede-lg9hj I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?
I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?
Her name is.Annette Marie Holt . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
@@HopesKruses The reason I decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became so much(I should be retiring in 17months) so I've had a brokerage adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
@@KarenDuncan-o5s 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?
@@PatyRamírez-z9z “MARGARET MOLLI ALVEY’’ You can easily look her up, she has years of financial market experience.
@@KarenDuncan-o5s Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.
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.
"Good afternoon"
SL been hit...
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
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.
t's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
I'm pleased I found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’LUCIA ALICIA CRUZ” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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.
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
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.
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.
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
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 ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
money goes brrrrrrrrrrrrrrr
As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.
Not offering any particular advice, but I can assure you that most stocks still have growth potential. Re-distributing is not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
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.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
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.
How do u make a mistake of miscalculating 818k jobs added?
They lied. No other answer
Part of the issue is that all this cheap corporate debt is about to expire. The strategy is always just kick the can down the road
Here are some numbers for the middle class Americans out here like myself. Inflation rose 21% since the pandemic. These elitists say wages grew 22% during the same time frame. So if the median income for a worker was roughly $36,000 before the pandemic and now its just around $40,000. Where in these two numbers do they get 22%. They are off by 11%. These agencies need to stop using average numbers because the rich continue to get richer. While most of Americans dont. The median numbers show a different story.
The rich I think are getting richer much through asset price increases in the stock market and real estate. I watch a lot of various financial reporting and haven't heard people throwing around stats that suggest nobody is worse off. I think the CPI calculation isn't flawed for the purposes of monetary policy. However, it doesn't tell the whole story, which is, inflation hits the less well to do the hardest. Perhaps some new measures could be published to give this issue more visibility, though ultimately fixing inequality needs income redistribution, which is highly contentious depending on your political affiliation.
@@jesselee3391 I completely agree, the markets in real estate and on Wall Street keep on going up. As far as reports go discussing the CPI, they like to focus so much on headline inflation rather than core inflation which affects the common consumer so much more. Core is at 3.2% which is very unsustainable. I honestly think that whichever political affiliation someone leans, we won't be able to fix the ultimate underlying problem this country can't overcome. It's greed. The greed of yesterday is nothing like what it is like today. We can't keep printing more money being 34 trillion dollars in debt so the only place the rich can get richer is by allocating wealth from the middle class by owning more of this country's assets.
Not income distribution, but wealth distribution. I mean, someone in 60k debt earning a lot is so different from someone with 20M in assets earning a little.
Good Afternoon!
Heads up: a recession would drop prices, eliminate inflation, and effectively restart the economy on a stable growth path
The Lord said, on May 22, 2024 "they're cooking the books" we're on are on a collision course for a Great depression likened to 1929.
You also lose your job and income. what’s the difference between recession and depression? The duration? Severity or both?
We need inflation to erode the social security liability. We’re going to need higher wages and lower taxes and government spending just to continue paying SS and defense.
Easy money only benefits the elites and screws the regular folks. Paul Volker is turning over in his grave. End deficit soending and cut govt. let the markets set rates.
It's coming, don't worry about that.
Corrupt system and they want your vote. Brainwashed people wake up and think. Rate cut and why now? , because Democrats want your vote. Don’t be fooled by this.
We really going to feel it now cut rates 👎😭
They all ask the same damn questions
How does nobody at CNBC recommend cutting the last minute and some change where Powell walks always and they’re just zooming in on an empty podium 😂
Real
What if there was someone at the podium. And they were invisible!
@@slot9 Yes and his name is John Cena
Money voice
Powell will probably be in the unemployment line around Jan 20th I think, lol.
Inflation is higher then ever WTF! Car loans, rent, food, what a joke
Price are high but inflation is trajectory. Prices were high 12 months ago, and prices are 2.2 higher this August from last year's august. Prices go down if we have deflation (which isn't good), we need income to go up to equalize the high prices. Car loans, mortgages, and any other type of loan currently have high interest rates but have started coming down and will come down further with this 0.5% interest rate cut
@@timothybragayou're doing the lord's work but sadly I don't think a lot of these people commenting will listen or have the level of basic econ knowledge to understand you
@@brittle1thnk he is rather doing devils work...
and they will continue to rise, though at a lower rate now, as increased prices don't go away. Which isn't necessarily bad, but real wage growth would be nice
What is SCP , M. Powell is referring to ?
a good talk to help get me to sleep 😴
Powell is a total ball of confusion
Everything non dollar will appreciate
falling interest rates could definitely encourage homeowners to sell. Some who were hesitant to list their homes when rates were high might feel more confident now, knowing that buyers can afford larger mortgages
Right. This could help cool down some of the crazy price spikes we've seen due to limited inventory. More inventory could mean a more balanced market, which would benefit both buyers and sellers. Plus, for homeowners looking to upgrade, lower rates make it more affordable to take out a new mortgage for a bigger or better home
And for buyers, this might finally be their chance to get into the market without facing bidding wars or astronomical prices. As more homes become available, prices could stabilize, making homeownership more accessible. It's a win-win.
That’s true. And even if more inventory comes on the market, it doesn’t guarantee that it’ll be the kind of housing people are looking for. For example, in some areas, there’s already a surplus of luxury homes, but what’s really needed are affordable starter homes. So, more listings may not solve the affordability issue unless the right types of homes are coming up for sale
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 Jessica Lee Horst for the last five years or so, and his returns have been pretty much amazing
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
This guy sqid the US economy is fine, just ask the average business person. How about asking the average middle class american....we're screwed smh 😢😅
"My name is Jerome Powell, and as Federal Reserve Chairman, my 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."
The FED has decided to lower the prime interest rate by 0.5% today.
The reason for this reduction is that the economy is showing signs of recovery from the disastrous inflation rate caused by the Biden-Harris administration.
Kamala Harris does not get any credit for this reduction in the prime rate. Prices remain out of control and it is still difficult for American families to make ends meet.
Incorrect
You are clueless
100% Correct
You’re incorrect
I don't see a recovery sir. I see another bubble. I know the word stagflation sometimes gets thrown around, and most of us have never seen it. But no matter who the President is, I really think we might experience stagflation next year. These numbers don't make any sense.
Powell sounds a little on edge and standoffish.
It’s like a coach who knows he’s gonna get fired so he’s going down swinging
Inflation ran up prices on many necessary goods and services by 65 - 75%. Labor has been contracting as brick and mortor business has been shutting down. We actually need a recession to get back on track. Valuations on tech stocks have little to no correlation to NPV of future cash flows. Destructive to people on fixed incomes. Middle class losing ground by the day. Perfect example of home variables used can skew outcomes of statistical analysis
How, not home. Autocorrect sucks
Indeed. Valuations on tech stocks have little to no correlation to NPV of expected future cash flows.
Overvaluation. See stock splits and capital structure.
This is all bull. You can see it in his eyes 😢
That's just how he always looks when he stutters his way through a speech.
Corrupt system and it’s all about the election. Yes, we’re all stupid. Democrats want your vote. Don’t be fooled by their lies. Rate cut and why now?.
Define this?
No update later on ?
Streaming this on UA-cam, as much as I genuinely appreciate it, is wasted on most of the people here. Most don't even understand what inflation is 😔
Plz u tell us what is inflation
@@UsmanKhan-wo9hiits the rate at which goods and services get more expensive
@@brittle1 and for this unemployment rate would take increase
@@UsmanKhan-wo9hi higher interest rates lead to a slower economy, less consumer spending power, and sometimes leads to increasing unemployment but not always. In this recent case from 2022 until now, unemployment has only risen from about 3.5% to 4.2% about 7 bps.
@@brittle1 mr trump will slow down unemployment rate he Will do better for USA
Yahoo Finance killed the press conference. Lol 😂
Man they laid on the sugarcoat pretty thick here. Who feels better off now than they did before the pandemic
The message is "you're screwed"
Just you, good luck
He looks like a football coach who knows he’s been fired but it’s not public yet
No discussion on the national debt?
The half point tells you everything you need to know as someone who want to school for this you don't drop a half point if everything is going good it's not prices are sky high and the increases in wages have not kept pace with the rise in all prices ...inflation in the last 4 years has gone up basically for 2 reasons ..1 all the free money Givin out since the pandemic and the minimum wage increases in many states...new jersey where I live has gone from 8.50 to 15.13 in 3 and half years that's an increases of 340.00 weekly to 605.00 weekly or 13,780 per employee per year with 8 employees I pay that's 110,240.00 per year now plus the double taxes on social security unemployment and other taxes plus 8 percent for workman's comp insurance plus the increase of food costs and the last 4 years flour 70 percent sugar 45 percent butter eggs ect up over 40 percent last four years ...nothing is affordable anymore and biden harris and company are to blame....its time fir a new leader
Agree, when I heard 50 basis points, it took me by surprise. If core inflation is at 3.2% why would the cut be so large? The Chairman messed up from the start calling the inflation transitory. The huge cut can only point to numbers the FED is watching and do not like. I was in the camp where he shouldn't cut until after the election. This is only going to make homes and the cost of living more expensive because it gives the illusion that everything is great. And the rich will spend even more.
@word123456789100 agreed not a trump guy but I'm voting for him because it was better with him in office as a leader good as a person not a fan and weather people realize we're in a recession and we'll find that out next year...as for inflation only idiots thought it was transitory
May God continue to bless the financial institutions of this country.
The most powerful "Good afternoon" ! 🤣
No 2.0 peŕcent SOCIAL SECURITY COLA COST OF LIVING.
Powell doing good Job 2. most imporant man in America influencing world economics worldwide
Tell me u r joking!!!
Does our tax pay dollars fund the shiddy production team? I cannot hear a thing with my volume at max.
904 Mante Forges
I hope peach life with steadiness or smooth as an ordinary, no matter how the policy of currency, had even the policy of rates rising and cutting for those past years made sense for ordinary people? poor got poorer and rich got richer...
I normally dont watch this type of content so can you guys explain what is the SCP that He repeated again and again?
The Fed seems to have given up on controlling inflation. Total CPI up 2.5% and Core Core +1.5% CPI up 3.2% in August. On the other hand, the recession is accelerating. Americans’ spending power has shrunk, and credit card delinquency rates for those under 40 are approaching 10%. Delivery in the second half of this year is down from last year, and layoffs at small businesses with fewer than 100 employees are increasing. No matter what the media says, most Americans just miss Trump’s economy.
@@ubiquitous8947 I'll be voting for Trump for the first time ever this November. But I don't think he can fix this. We just spend too much money as Americans. If core CPI stays above 3%, I can't imagine Mr Powell cutting rates when the FED meets again.
HALF!!!....HALF!!! (1/2) of point is nothing Powell!!!. you have money you can buy food and go on vacations because you have the money. you need to help the middle class and the poor. why are you doing this?????. WHY???........ do not give me all these fancy talk. Why???? are your doing this? does it make you feel good to see people struggle. dose it make you feel good that you are better then the poor and middle class. listen, you eat and poop and pee just like everyone else. you bleed just like everyone does. NO PRICES ARE WAY TO HIGH. AND LISTEN THIS CAN BRING DANGER TO OUR COUNTRY. PEOPLE WILL GET DESPRATE AND YOUR GOING TO HAVE A MESS IN YOUR HANDS. SO MY ADVISE TO YOU IS BRIG THOSE POINTS DOWN. PEOPLE ARE GETTING SICK AND TIRED. YOU ARE TEST BAD GROUNDS. DO NOT TEST THE PEOPLE. I SUGGEST THAT YOU GO BACK TO YOUR MEETING AND MEET WITH YOUR RICH COLLEAGUE AND SPEAK ABOUT WHAT CAN HAPPEN. YOU WILL NOT WANT TO HAVE A MESS IN THIS COUNTRY.
put this man in prison
He's a trump appointee , he only has the best people.
I hope Trump fires Powell. TRUMP 2024 ❤
He appointed him , trump will never get near the White House again
@@richardmesser1091 I hope Trump will win the election.
I hope he will change his previous decision
Nobody intelligent or with any morals wants to work with him!
Soft soft soft questions....
End the FES
Decouple from China.
Not even a remote possibility
Good afternoon 😂
I feel like us average simpletons are left with nothing. Put your heads down and work harder ❤
People have the choice to be simpletons or educated enough to at least make some wiser choices.
If you don't have any asset through
Go Nasdaqiens
Thomas George Brown Ronald Rodriguez Matthew
Clueless Fed
„Our main target in the last year has been inflation AND RIGHTLY SO!“
What a crap. Imported price shocks are not to be dealt with interest rate increases… especially the EZB shouldnt have done it…
Good afternoon
End of forex market😂💔
Real
White James Harris Timothy Smith Kenneth
FED dollar is trash. They devalue your hardwork.
Brics are very happy.
inflation is not down , what world is he in. Unemployment is up. groceries are up, utilities are up. Gas is up.
Alot of that is due to price gouging by these big corporations.
@@Newsinfo4*quantitative easing & prolonged low interest rate environment
We are being priced gouged by corporations and grocery stores. That's not inflation it's corporate greedflation.
Inflation is a rate, not the actual prices of things. Deflation is the rate of price decrease
@@GG-kt2ukgrocery stores average around %2-3 net margins, hope this helps
PRESIDENT TRUMP IS ON A MISSION FROM GOD! GOD BLESS US!
PRESIDENT TRUMP WILL ALWAYS PUT AMERICA FIRST!
PRESIDENT TRUMP WILL BRING BACK WORLD PEACE AGAIN!
PRESIDENT TRUMP WILL MAKE AMERICA RESPECTED AGAIN!
His pockets first
@@sensation341dumb. When he was president, he gave his president salary to national parks and he’s actually losing more money trying to save this country. He’s being attacked by the democrats over accusations, courts fees, fines, etc.
You need to stop using dangerous drugs. Felon for president yeah
?
Nothing to do with President election huh ?
With your 2nd grade education level, I am sure you know all about it.
@@DerbyKnowledge93Peasant.
Peasant.
100 points cut would have been bullish and 0 cut would have been bearish. he split the difference. i dont see the political slant.
So anything good that happens under Biden is a conspiracy and all good or bad is really awesome under Trump
Unstable Economy-> Unemployment-> Still need for products and outputs -> AI takes our jobs as the "cheaper" labor force.
😂😂😂😂😂
The Lord said, on May 22, 2024 "they're cooking the books" we're on are on a collision course for a Great depression likened to 1929.
Inflation and cost of living are 200% higher than during the great depression bud . We already passed that point
@@philippusbotha6635
How quick are we to try to prove wrong the Words of God.
$5 in 1929 would be equivalent to roughly $92.00 today. $5 is about the price of a carton of eggs today. If the price of a carton of eggs was $92.00 today then we could compare it to the Great Depression.
But it will soon be!
Thanks to powell for Helping Trump & Republicans in winning 2024 election😂
Yep! Trump 2024 MAGA 🇺🇸 ❤
Well Jerome, Arthur Burns would be very proud of you. Paul Volcker, not so much. You got it wrong at the beginning, and you’re getting it wrong at the end, but you did okay in the middle.
😊
Powell has Harris Biden back. Need I say more???????????????????????
He is a trump appointee and much smarter than you
@@richardmesser1091 Okay buddy whatever you say, lmao!!!
whatever you say buddy. lmao!!!!!@@richardmesser1091
they prop up Wall St. ....but now its more inflation for Main St.
Weren’t they increasing rates to lower inflation? It has NOT worked. 🤦♀️
No, they increased them because of inflation. Inflation has been decreasing, so therefore rates decrease. Make sense?
It worked. What do you want? Deflation?
@@thomast7748it worked??? Lol. Inflation numbers are cooked. The only reason inflation came down is because of oil. Inflation is out of control. And will continue even hotter....with these lower rates. We in reality....are triple or quadruple the cooked cpi rate. Also look at u6 for real unemployment. Welcome stagflation
@@venutoa Not to mention the impact immigrants will have on inflation. 🤦♀️
@@hotdogstandmanInflation has been decreasing WHERE?!? Is food cheaper? Rent? Insurance? Eating out?
Last night, we went to our local ice cream parlor and bought four kid’s cups. The total was $44!!!
We were so shocked, the owner actually apologized for how high the prices were and explained it was because how expensive his supplies have gotten.
This drop is just a SHOW before the Election, to make it look like the Dparty is doing something after Trump called Kamala out on the debate stage.
Pump & Dump
Dump the felon
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.
Wow that's huge, how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
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
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YES!! That's actually her name (Elizabeth Liane) so many people have recommended highly about her and I'm just starting with her😊from Brisbane Australia 🇦🇺
Her name rings a bell; I've encountered it multiple times, usually associated with stories of her trading achievements. She deserves a lot of credit.
So convenient for fed governors to use hyperinflation to cover up stagflation. 😃😃😃😃
The reason for a rate cut is labor market. But it is in good shape now, he stated. And, the economy is fine. His statement shows who the Fed is supporting in 2024 election.
Could be or the FED is looking at data that's not favorable in the future. With core inflation at 3.2%, this cut was too large. I agree the Chairman is probably in favor of Kamala but I don't know if he would risk this cut based on his political preference. Arthur Burns was Chairman of the FED in the 70's. He made some poor decisions as Chairman that are still talked about today. Hope Chairman Powell isn't following in his footsteps.
Bro gets triggeredd when they ask 30 questions in one
Why is the volume so low? I've got this cranked up and pray I don't get an email notification while watching this
الله ل يعطيك العافيه 😮
Will this effect our rent, grocery shopping interest rates and credit card interest rates. We make more money and we give that extra back for taxes will that change
You're not getting screwed by taxes right now. You're getting screwed by rampant capitalism, greedy companies. Without bipartisan legislation and policy, it won't change. Don't expect anything out of the GOP as they tend to just deregulate and let companies do what they want.
Banks, property tycoons will not reduce the rates! They are getting more richer!
The tricky thing about inflation is that we experience it every year but don't notice it. For example from 2010 to 2020 prices rose at an average of 19%. Since 2020 prices have increased 21%. Most of that increase have come from shelter, certain goods in the grocery store, and auto insurance. Prices will never go back down (that would be deflation, that's worse than inflation). Here's where it gets tricky, in order for prices to stabilize and not rise so quickly, rates climb to limit borrowing so as to slow the economy. The problem is the economy really hasn't slowed and core inflation is at 3.2%. This cut, with the combination of wages increasing will keep inflation higher repeating this scenario once again.
i want to know what world him and the rich and his colleagues live in. I just came from getting 5 items of groceries 43.00 for all of it. I gotta make that last the rest of the week.
🥹I was crying tears of joy!!!
Can I know the reason why?
@@Mannyman2023 I made my first 6 figures because of this fed rate cut.🥲 at the age of 24 I come from nothing so it’s big for me next goal 1 million.
Good afternoon ❤📉📈📈📉
What's theft ? Oh, 2%
Yeah I got Lincoln s beard back on my penny maybe next year I'll have his face and the bowl and Harris have you heard of s revolving door the way THEY came in is the way they Go out
Rate cuts commence in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
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.
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Thanks for sharing, i will research about him