Looming Recession

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  • Опубліковано 9 чер 2024
  • Leading Wall Street economist Nancy Lazar says 19 states are already in recession as consumer debt levels rise and confidence declines.
    WEALTHTRACK episode 2047 originally broadcast on May 18, 2024
    More info: wealthtrack.com/with-consumer...

КОМЕНТАРІ • 74

  • @michaelswami
    @michaelswami 22 дні тому +36

    A brilliant analyst interviewed by a brilliant interviewer. Excellent on both your parts.

  • @phillips3007
    @phillips3007 18 днів тому +4

    Peter Lynch “more $$ has been lost by investors anticipating a recession than in a recession itself”

  • @jpsmith9452
    @jpsmith9452 22 дні тому +4

    I need to start following Ms Lazar. Her analysis seemed brilliant. And her knowledge encyclopedic. And of course Ms. Mack is the gold standard as always.

  • @jjohnson5014
    @jjohnson5014 22 дні тому +13

    Lots of useful information in this vlog

  • @johnbirman5840
    @johnbirman5840 14 днів тому +1

    Now that’s what you call: “Hitting the road at a pace”
    Impressive woman.

  • @chessdad182
    @chessdad182 22 дні тому +3

    The population does seem divided into the have and have-nots. A recession is inevitable. But I'm trying to keep things going with all my home repair projects.

  • @goodbooks5134
    @goodbooks5134 22 дні тому +1

    Thank you for the enlightening market information! Amazingly insightful!

  • @jaymcconnell3840
    @jaymcconnell3840 22 дні тому

    Wonderful program. Thank you!

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics 22 дні тому +3

    Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

  • @thach0x0
    @thach0x0 21 день тому +2

    Inflation peaking out and the corporate earnings rebound since 2 years ago .The market looks robust

  • @cashflowyield
    @cashflowyield 22 дні тому

    Great discussion as always, thanks.

  • @gabriellelee7119
    @gabriellelee7119 15 днів тому

    Great wealth of information. Thank you both!

  • @TrueMarketLeader
    @TrueMarketLeader 22 дні тому +1

    excellent interview

  • @billdaker1120
    @billdaker1120 9 днів тому

    Excellent incite, Nancy!

  • @kevinbarrett3706
    @kevinbarrett3706 22 дні тому +1

    Best Financial Show on TV or Internet

  • @bkfabs
    @bkfabs 22 дні тому

    Excellent interview! I really enjoyed the knowledge and expertise of your guest.

  • @jaymcconnell3840
    @jaymcconnell3840 22 дні тому

    Thanks!

  • @barryholiday8998
    @barryholiday8998 22 дні тому +13

    Thank you, Consuelo

  • @mooseandsquirrel6267
    @mooseandsquirrel6267 21 день тому +4

    July 6, 2021 - "Economist Nancy Lazar Says Current Inflation Is Transitory". She also predicted a recession in the second half of 2022. What a clown.

    • @765lbsquat
      @765lbsquat 20 днів тому

      Nearly all economists are clowns that speak in hindsight 20/20 bias. They never predict anything right but toot their horn after the fact

  • @robertbender73
    @robertbender73 21 день тому

    Concise and direct analysis

  • @lawrencefeldman462
    @lawrencefeldman462 22 дні тому

    Great interview. Nancy said a lot to get my attention.

  • @thomasotoole3212
    @thomasotoole3212 20 днів тому

    One of the shows worth watching.. Real World advice..

  • @anepartners9603
    @anepartners9603 22 дні тому

    Great video and thank you Consuelo.
    Question?
    Good morning,
    If most money managers cannot beat the market, why should we as individuals be in the market if we are not better than the professionals..

  • @laoxutouzi
    @laoxutouzi 20 днів тому

    Best investment video in youtube

  • @ZoyaSharova
    @ZoyaSharova 20 днів тому

    Very useful information that will be useful in life.

  • @scottprice4813
    @scottprice4813 22 дні тому +2

    With the new highs and quite extended markets any way you want to measure it I’ve been selling everything that isn’t nailed down . I don’t need the last ten percent and neither do the Walton , Gates and Buffet families it appears .

    • @ohthatpaul
      @ohthatpaul 21 день тому

      Selling does guarantee you will miss any future downturn but it also prevents you from participating in any upward movement. I think trying to time when the market is overpriced is really hard to do. It's easier and usually more profitable to just buy and hold. As long as you have a diversified set of stocks or stock index funds or ETFs you will do fine. Unfortunately, the only time it's clear that there's a downtown is after it's happened and that's when it's the worst time to sell. Instead, just ride the ups and downs with the rest of us. Over time, you will probably do better than by changing course with your perceptions. Ms. Lazar is probably right about the Fed policy -- I guess to kill inflation we need to bring the hammer down by putting interest rates further up and if we don't, inflation will keep eroding away assets -- but I don't think anything beats buy and hold a large group of diversified stocks over a long time.

  • @PH-dm8ew
    @PH-dm8ew 22 дні тому +4

    which companies have had horrible earnings?

    • @samash1704
      @samash1704 22 дні тому

      Earnings Season Beat Rate: 64% - Beats: 1697 Misses: 968
      Take-Two Interactive Software, for example, had a consensus EPS of 9 cents, but their actual was negative 17 dollars.

    • @bdek68
      @bdek68 22 дні тому +1

      Because a company beats a very low bar doesn’t mean earnings are good!

  • @MangoFlamingo
    @MangoFlamingo 22 дні тому

    are they this high

  • @mvexler
    @mvexler 22 дні тому

    Great narrative based on current data

  • @ydifrancia
    @ydifrancia 22 дні тому +1

    I wonder what makes her think Japan's economy is solid. Their latest (2024 Q1) GDP is down 2% and consumer spending has been down for the past four quarters.

    • @765lbsquat
      @765lbsquat 20 днів тому

      Japan will bring in the sex robots and start a revolution

    • @ThePurpleSnork
      @ThePurpleSnork 19 днів тому

      I think any signs of life whatsoever out of Japan has people excited. Everyone would love to have a country like Japan (strong US ally, business friendly, innovative, etc.) doing well as an alternative to the USA market.

  • @onlywenilaugh6589
    @onlywenilaugh6589 22 дні тому +3

    UA-cam doom and gloomers have been preaching recession recession for over 2 years now. i know there is lag but none of this even come close so far.

    • @tonymanos363
      @tonymanos363 22 дні тому +1

      I am in the construction business building warehouses nationwide and our sector is clearly in recession.

    • @bdek68
      @bdek68 22 дні тому

      Are you joking!!

    • @onlywenilaugh6589
      @onlywenilaugh6589 21 день тому

      @@tonymanos363 Tell that to the numbers, I guess.

    • @onlywenilaugh6589
      @onlywenilaugh6589 21 день тому

      @@bdek68 About what? unemployment low, haven't had slow down everyone predicted. Not sure what you mean about joking.

    • @bdek68
      @bdek68 21 день тому

      @@onlywenilaugh6589if I need to tell you how bad the economy is than you are drinking the kool aid! No need, best of luck

  • @lulubelle551
    @lulubelle551 22 дні тому +1

    She like so many on Wall Street are clamoring for the low zero bound rates,
    QE and money printing.

  • @clifftanch
    @clifftanch 22 дні тому

    Have respect for Nancy Lazar. At ISI, she held up work standards for financial market economists that were admirable, but I find it hard to square some of her assertions here with other evidence on the macroeconomy: Principally, credit spreads are so tight it is hard to see a Recession looming. Her characterization of bank lending standards tightening seems at variance with SLOOS. I strongly disagree with the remarks on consumer debt, where debt service as a percentage of disposable income is below where it was pre-Covid. I do agree with NFIB, which to me is a sign Biden is going to lose.

  • @ralphsaldivar3398
    @ralphsaldivar3398 22 дні тому +8

    Nancy Lazar needs to replace Yellen. She really seems to know her stuff along WITH the ability to elaborate her stance. Props

  • @user-py7wp6nw9h
    @user-py7wp6nw9h 22 дні тому

    I love Nancy! Big fan and still cute after al these years!

  • @dassa0069
    @dassa0069 21 день тому

    Hyperinflation will destroy value of cash.

  • @davidduffy2046
    @davidduffy2046 22 дні тому +4

    She has predicted six of the last two recessions

  • @dassa0069
    @dassa0069 20 днів тому +1

    Gold is the only money you can trust.

    • @ColdPotato
      @ColdPotato 19 днів тому

      How long can a person survive eating gold?

    • @lowtech_1
      @lowtech_1 16 днів тому +1

      You don't eat it. 😅. Personally I wouldn't eat dollars either.

    • @ColdPotato
      @ColdPotato 16 днів тому

      @@lowtech_1 you pay enough and they'll add it to you ice cream in New York.

    • @dassa0069
      @dassa0069 15 днів тому

      @@ColdPotato Gold is the only asset that is not simultaneously someone else's liability. A word to the wise is sufficient.

  • @BRuane-pw6xq
    @BRuane-pw6xq 21 день тому +2

    Sure any day now . Heard this for 2 years now.
    Every GOP President since Hoover has had a Recession ALL of THEM different weak excuse each time but ALWAYS a RECESSION ALWAYS. Vote GOP get a Recession.

    • @firstlast8258
      @firstlast8258 21 день тому

      Two wings of the same dying bird 🤓 🖕

  • @georgewilson7706
    @georgewilson7706 21 день тому

    This women is clueless and doesn't know the exact same thing happened in the 1980s.

  • @Lourd-Bab
    @Lourd-Bab 4 години тому

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

  • @firstlast8258
    @firstlast8258 21 день тому

    Too late for most 🤓 🖕