Hassett warns of 'scary' October for US economy
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- Опубліковано 25 вер 2022
- Former Council of Economic Advisers Chairman Kevin Hassett discusses the state of the markets amid inflation, British markets and the outcome of the 2022 midterm elections.
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KEVIN HASSETT: I can say as an economist, if you look at economic history, it tends to be the times when we have a divided government, the markets are happiest, and the policy is the most sensible because it's only sort of sound ideas that can get enough votes from both sides to go through.
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It is gone, we lived through the zenith of our time.The corrupt government will take down this country like what happened to Rome. My condolence for anyone approaching retirement you may have concerns over whether your pension pot will stretch to cover the rising costs of living. Bad energy policy, bad foreign policy, bad regulatory policy , and insane fiscal policy.
50 and retiring early. I'm really concerned abt the future in all aspects of where we all going, in this breath finances ; how to stay afloat. I'm thinking about investing for the first time in the capital-market but how can i achieve all that given that the market has being a mess most of the year?
@@IAMBETTERTHANYYOU I can relate to that on firsthand. I began with "THERESA MARY CHAMBLEE" whom is a fiduciary financial-advisor and my gains were guaranteed. In such instances, I would always recommend hiring an expert to guide you through unpredictable markets and simply provide you with indicators and tactics for determining when to join and exit the market.
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The last 20 months have been the most disastrous period of time that I have ever witnessed for the country with the amount of damage being intentionally done by our government.
Ready for the inevitable red wave to give us some golden years again. Like what happened with 80s after the country went red with Regan. Any election now Americans... Everyone loved the 80s. The rest of us are waiting...
" Joe Biden " are you tired of losing yet 🤣
@Simon Coulson Really loved when Trump got us into World War 3, tanked the economy into a second great depression, and made all the American women wear Hijabs. Thanks for sharing with us your alternate reality fantasies!
These blathering talking heads are simply piling on. There isn’t squat the administration can do to prop up the stock market in this interest rate hike environment. And they know it. Reagan increased spending, cut taxes, ballooned the deficit, made deficits permanent-and they should know that as well.
it's going to get far worse
Midterms can't get here soon enough, end this madness.
How will shining your participation trophy help us go back in time and stop Corporations from taking over our government? lol
@Promethiac corporations taking over government lol maybe influencing governments with hand outs , lobbyist, not controlling. .... China does that with Joey.
@@promethiac2641 is a bot
@Henry Bowman no he's not. He's just not on either side of the same coin.
Don't get too excited. Dems need something to postpone/cancel the election. They're working on it....
Man we all are in deep crap. Wish all of you good luck and pray.
Stop clutching your Pearl's fox peddles fear
@@sberesford2523 Clutch this leftist.
@@sberesford2523how would you rate Bidens performance as president so far??
@@combatcrewman well let's see he came in with the economy beginning to tank, the worst pandemic since 1918, begins his presidency with trump that in the first time in US history with trump would not peacefully transfer power and attempted a coup. A Congress full of Q A MORONS that block any legislation that would actually help Americans. So under the circumstances not bad.
Revolution is needed.
In my opinion, the remedy to weather this recession and high inflation is short-term trading, as opposed to long-term, most folks using these techniques are netting a ton of gains, sure the risks are higher but yet again isn't the current market equally as risky?
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@@joshspring7686 Having an investment adviser is the best way to go about the market right now, especially for near retirees, 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 $220K during this dip, that made it clear there's more to the market that we avg joes don't know.
@@chrisbluebird5037 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you?
@@mesutserim1595 credits to Wendy Helene Bennett, one of the best portfolio manager;s out there. she;s well known, you should look her up.
@@chrisbluebird5037 I curiously looked Wendy Helene Bennett online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals
Great ending statement. I 100% agree, Socialist spending has to stop.
$30.6 trillion in debt and -$96,000/Social security number holder to -$232,000/taxpayer debt. I don't see how the system has ever worked. 🤣
What about military spending?
@@realdonta2686 Military defense spending is one thing, funding 3rd world country wars is another. I'd rather my tax $$ go to defense of OUR COUNTRY behind OUR borders than defending someone else's borders thousands of miles away. The whole system is a scam anyways lol.
@rudecontact We already do, heavily, but some people are too (wilfully?) ignorant to acknowledge that.
@rudecontact They already pay the bulk of the tax burden. Time to start taxing the deadbeats.
*“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” - Henry Ford*
He said it in 1922
Those in control don't care!
Ford understood the true nature of the Federal Reserve and that it would enslave the people who make up the most robust economy in the world forever.
It works like this.
The Federal Reserve System is nothing more than a group of private banks which charge interest on money that never existed. The government prints a billion dollars’ worth of interest-bearing U.S. Government bonds, takes them to the Federal Reserve; the Federal Reserve accepts them and places $1 billion in a checking account and the government writes checks to the total of $1 billion.
Where was that $1 billion before they touched the computer to make the entry? It didn’t exist. We allow this private banking system to create money out of absolutely nothing, all of it a loan to our government, and charge interest on it forever. The bank collects interest on the government’s own money.
This summary of a highly complex system is oversimplified but accurate.
A communique sent from the Rothschild investment house in England to its associate in New York remarked,
The few who understand the system...will either be so interested in its profits or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending...will bear its burdens without complaint.
[Source: Roberts, Archibald E., Bulletin-Committee to Restore the Constitution, February 1989, p.5.]
The Federal Reserve Act of 1913 was a deliberate charade to pacify theAmerican voters. They had been crying out for a banking reform and held scores of elections alternating one set of politicians with another only to find themselves with the same programs and deeper debt.
Congressman Charles A. Lindbergh Sr. had complained at the time: “It is a common practice of congressmen to make the title of acts promise aright, but in the body or text of the acts to rob the people of what is promised in the title.”
[Source: Charles A. Lindbergh Sr., Lindbergh on the Federal Reserve, Noontide Press, Costa Mesa CA, 1923, p.70.]
Lindbergh pointed out that the government officeholders understood “that by joining with the [banking] interests to exploit the people, their reelection is more certain than if they serve people who elect them. By joining the exploiters their campaign expenses are paid,
the support of the ‘machines’ and the capital press is assured, and if by chance they should lose they are appointed to the same office that should suit them equally or better.”
The same phenomenon is visible today. The same cast of charac- ters emerge in key positions whether the nation votes Democratic or Republican. Both sides appear to have sold out.
(This tradition of betrayal has continued with the “North American Free Trade Agreement,” and with the GATT “Agreement” both of which were called “agreements” to avoid having to pass the 2/3 majority of the Senate. However, the White House Internet files labelled them “treaties” as soon as they were passed.)
Even Woodrow Wilson felt he had made a terrible mistake in signing the bill. He later wrote, “Some of the biggest men in the United States in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.”
[Source: Woodrow Wilson, The New Freedom (quoted in Roberts, p.176).]
The Federal Reserve is an engine that has created private wealth that is unimaginable, even to the most financially sophisticated. It has enabled an imperial elite to manipulate our economy for its own agenda and enlisted the government itself as its enforcer. It “controls the times, dictates business, affects our homes and practically everything in which we are interested.”
@@kimlangham1077 They will when their family and friends are literally getting the meat chewed from their rib cages.
Very few understand our debt based money system. It is corrupt in its design.
Trump said this would happen... but those of us who follow the markets daily didn't need a Trump to tell us what we already knew would happen. Now we get to find out if feelings can pay your bills and keep food in your stomach.
😷😒😷😒🕺🏼🕺🏼
It was obvious this would happen. Trump was printing and pumping dollars to keep the economy afloat, which raised inflation. Now look at the mess we are in, of course the market has to go back down
It's easy to doomsday. What would people say if he said that the economy would rise.
Everyone who understands how an economy works knew this was going to happen the minute Trump approved the first trillions to be printed up and handed out as corporate welfare with absolutely no plan for how to keep the economy in idle well enough that it wouldn't slam-start when we came out of COVID.
Trump's administration literally lit a fuse on a timebomb that went off as soon as we started ramping up our economy again.
The man in charge doesn’t determine the outcome, but he does have some influence on timing. This bubble has been building since Nixon. It doesn’t matter who is president right now. Even if Trump was in charge right now, the stock market would still be poised to crash.
President Brandon doesn't know what planet he's living on, let alone what's going on !!!
I can't even say that Biden is on another planet. More like he is in another galaxy far away
You Did This To Us Liberals, When The World Goes Sideways, You Better Find A Deep Dark Hole To Hide In, Cuz We Comin’ For Yins! 💯
Very convenient scapegoat for your inability to budget. Winter is here. You don't have money?
@@promethiac2641 in today's encomy just this year you need an extra $5,000 to keep up with inflation... pretty hard to budget with increases like that! Enjoy
@@promethiac2641 Everybody can't be a meth dealer
He’s right. When everything goes sideways you are going to get the name first unless you are uktra wealthy and can escape you are going to be stuck with a bunch of pissed off people who will be blaming you for their hunger. It won’t be pretty. Not for you.
This is true. There are a lot of very unhappy people who know exactly who supported this.
I will never forget this" BIDEN " administration. A disaster of epic proportions. Terrible.
Not a Biden supporter here. Jerome Powell with all the stimulus created this mess, you people are obsessed with politics. You bunch of ignorants, all the printing press created this monster.
Biden inherited this mess from Trump, the thief of TOP SECRET GOVERNMENT DOCUMENTS. TRUMP, THE CLIENT OF PROSTITUTES. CORRUPT AS HELL
Hahaha your only half way there wait till u see what happens after the midterms
@@Angelcactuss SPY180 early 2023.
Patriarchy/ego is far more a disaster to the world than this administration.
"If he, Biden, gets elected the stock market will crash." President Trump 2020 debate
Beat me to it
@Simon Coulson 3 week old bot
/offbot
@Simon Coulson how many accounts u got??? If u got multiple that means u run bot accounts.
Paul Krugman said the exact same thing about Trump. LMAO
@@GogglesPisano13
1. You are 100% correct!
2. That idiot did say that.
3. Just the opposite occurred.
America went from a booming economy to this, thanks liberals.
Liberal, woke, progressive, democrats. Go stand on the street corners and block traffic now. Your a threat, run them over.
This isn't liberals. Try to break your programming.
@@TheHigherVoltage of course it is. Pay attention
@@miketmentor3338 I pay attention. I watch right wing propaganda and left wing propaganda...and then I do actual research to figure out what is true. And the research I do is on the global scale, not the national bubble.
Take the current situation. The American right is screaming this is all Biden's and democrat's fault for what's going on right now with our economy, inflation, etc.
And as long as someone stays in that ignorant bubble, they'll believe it.
Yet, the entire global economy is getting pummeled right now. Conservative-led, Democrat-led, communist, capitalist, whatever. Doesn't matter. EVERYONE is getting pummeled.
And out of all countries in the world, the US is - by far - weathering COVID re-start the best. Our dollar has pulled way ahead of all other world currencies and our inflation rate is among the lowest in the world.
I'm no Biden fan, but the fact is, our ship is sinking a lot slower and weathering this a lot better, than every other country on the planet.
Then there's the fact that economists almost universally agree that if a government prints a ton of money, it leads to mass inflation...because that's what (A) makes the most sense, and (B) what we've seen throughout history.
Tell me, how much money did Trump sign off on, to print up and hand out to all his corporate buddies?
this was long overdue
There’s plenty of idiots think Brandon is doing a great job.
Scarry
One born every minute. Though I think that estimate is too low.
Cognitive dissonance!
I never agree with this administration
It’s sucks‼️‼️🤮🤮
Yes plenty
Fuel prices are expected to rise this winter, too. Assuming that happens, that’ll be detrimental particularly for those living up North.
Alrsady going back up after the miniscule "drop" the dems were all bragging about.🙄
i disagree. as the recession deepens, fuel prices will get lower in the near future. the real shock will continue to be food prices going up. the rich don't care because they have more dollars than cents. those on welfare don't care either. as usual, the lower middle class and elderly will get killed.
I heve been making bucks shorting and going long sometimes. Friday I went long for 3 days with USO.
why do people subscribe to your channel when you have no content?
Pull out your money folks because the bank is going to be closed
Possible.
This inflation is being driven by real increases in food cost. And just like the baby formula disaster, the food shortage will drive every benchmark higher just like oil used to.
Oil still does tooo.
The food increases are being driven by our government........on purpose!
Or you mean the money printers… seriously that’s what it is bud if they DONT PRINT MONEY things don’t get worse… 30% of dollars brought into circulation in the past 2 year. 30% crash easily
Food prices are up due to supply shortages and inflation. Food prices don’t drive inflation.
Wrong, if they do not print money it collapses, if the fed prints money then it inflations, in order to stop inflation they have to raise interest rates to ridiculous levels. If they raise interest rates the economy collapses because they can no longer afford to pay the interest on the debt. The economy still crashes.
The big question as we are already into the collapse of the USA. Not just the economy but the whole country. Do you want a deflationary depression or a hyper inflationary depression? Take your pick.
This guy nailed it we are nowhere close to the bottom,yet people still keep investing to lose money
In November we should be talking about what happened 2 November's ago.
I believe it's going to be after Nov. 8th. They are going to smoke and mirrors until then.
Thanks for this wonderful video..I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mr Nicholas
Wow I'm just shock you mentioned and recommended Expert Mr Nicholas,I thought I'm the only trading with her
@@alexandraann8636 YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF expert MR NICHOLAS
Burden’s long dark winter!
🤮🤮🤮🤮🤮🤮🤮🙏🙏🙏🙏
At one time Covuto was as good at varney and Kudlow but he took the wrong turn when he turned against Trump. I use to like watching him however he changed back then and he lost me as a viewer. I always watch Varney and Kudlow…lots more knowledge and fun to watch.
Crapvuto is really bad.
Always has to bring up Trump.
Economy is so bad that media has a hard time cheerleading for Biden (specially Cavuto)
@@Patricio007x yep…Trump is always being brought up…gets old…he might has well change his last name to Biden because Brandon has to bring up Trump too…
So anyone who disagrees with Trump, u turn on them? Smdh. Trump got his supporters strung out on some strong dope. This is pathetic!
@@realdonta2686 I didn’t say that….it is the way he delivers and message about anything. Take time out and watch Kudlow and especially Varney…you’ll see the difference and yes he constantly brings up Trump which shows his hand…
Biden has no clue. We r in big trouble!
Biden knows exactly what he’s doing. He has played this for 50 years.
While everyone is ignoring the idiot in the room he was stealing the good silver.
Hollywood should give him an Oscar.
Doesn't matter, Biden isn't running the administration obviously.
Kevin pantera, cool last name, my favorite heavy metal band!!🤘👍
It was scary a year and a half ago...
Complaining about it everyday and scaring investors to hoard their money is really helping thanks!
IT WILL BE SHEER HELL in the coming year of 2023.
We have atleast another two year's of this current economy. I see no changes coming soon.
Stop Spending ✋
YES, MOST PAMPERED AMERICANS HAVE TO MUCH MONEY TO SPEND ON JUNK FROM CHINA, THAT IS WHAT IS CAUSING INFLATION
WOW Cavuto, I'm impressed. you asked a question and actually let the host answer before you ask another question, good job.
Muhahahahaha!
I wonder if Cavuto still hates Trump?
Some economists have gone as far as to predict a new great depression
Under corn Pop I wouldnt doubt it
As long as we have open borders everything good.
@@OMAELITE true....joking
If you have a 401k , Sleepy Joe is destroying it!!!!!
🤩😴🤩😏😌😴😒🕺🏼
Markets have not been forward looking. That being said that means selloffs are occuring because companies are currently feeling the pinch in profits.
Getting more scary as time goes on 🤮🤮
As a wise man once said, "TOLD ya so!" 🤣
Trump called it in a 2020 debate, If Biden is elected everything will crash in his first term.
Economies rise and fall, and we must adapt to what is going on, but when this pain is self made by a political party, that's tough to take! What's worse, is that party refuses to admit what they've done, and continues to double down on the same poicies.
Or maybe..the traitors in charge are beholden to the Evil billionaires that collectively want One World Government..with them at the Top
They’re literally crashing the economy while paying their own special interests millions, they’re taking as much money as possible before they run from the world calamity they created. These are satanic criminals
I think they are doing all this damage intentionally
Biden has intentionally hurt this Nation. He wants to Bankrupt everyone so they must depend on the Government for survival.
He wants a Rich and a Poor class . No middle class. Biden wants to take away our independence forcing us into EV's that people can't afford. People will then depend on the Government for transportation and loose their independence.
Thanks for this wonderful video. I have incurred so much losses trading on my own... I trade well on demo accounts but I think the real market is manipulated, can anyone help me out or at least tell me what I'm doing wrong?
How long does it take to learn and make money after you get going? I might like to try it out in the future maybe, still kinda hesitate about it because I don't know all the ends and outs, pros and cons....
@@Frederick124 I will advice you to stop trading on your own it's very risky,it's best you Seek advice from a professional trader.
@Tyler chapman Do you trade all by yourself?
@Tyler chapman That's impressive, Are you giving her your money or how do you go about it, what's really the idea behind copying trade's.
@willy Bernice p.5
Count me in because I'm placing my trades with this Mr's katelyn, I will get in touch with her right now.
He doesn't think. That's the problem.
MY GREATEST CONCERN IS HOW TO RECOVER FROM ALL THIS ECONOMIC AND GLOBAL INFLATION AND STAY AFLOAT, ESPECIALLY WITH THE POLITICAL POWER TUSSLE GOING ON IN THE US🇺🇸.
Wow, you know expert pamela ...? I'm a living testimony of expert Pamela she has been trading for me for months now
I'm one of her clients.... and I'm a living testimony of Expert Mrs. Pamela. She has changed my financial status for the best, all thanks To my friend who introduced her to me
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I bought a freezer two years ago. And a ton of survival equipment. Good luck!
This Fox Business host is a "Never Trumper"!
Neil is anti Trump. He's regretting his vote after this disaster of a Biden admin.
@LactoseTheIntolerant Haha, it seems all three of us are.
MOST EDUCATED PEOPLE ARE "NEVE TRUMPERS" ARE YOU,
@@domcizek I'm well educated. First of all, you spelled never wrong, perhaps the screaming in caps distracted you? To say "never" to a political candidate is like playing God for an instant...a total disregard for the rest of the population's positions...let's see the press is 'almost' unanimous, along with almost all Dems Trump shouldn't run. The press has confidence support of just over ten percent and president Biden not much higher. The media & Dems lol "most educated" still demand Trump be weakened by numerous legal challenges...why do you suppose that is if they truly believe "never Trump" is a majority position? NY AG ties one hand and Garland ties another...The media...Trump could be in jail even if he wins...this doesn't speak well for "most educated"!
@@domcizek The "most educated" people have destroyed our economy and our country. Having two masters degrees myself, I can honestly say the dumbest people I've ever met have PhD's.
im absolutely gonna puke on my own t-shirt if i hear government stimulus checks caused THIS much inflation again. 3200 total dollars over a year and a half over 2 years ago did not cause this much of a supply and demand problem...no...cant possibly believe that out of touch concept. hell, most people have 3200 dollars worth of some kind of debt. medical, credit card, student, mortage, that money went to practically immediately anyway.
With higher rates companies that were profitable and received investment may no longer be viable in a higher rate environment.
"Winter is coming."
I heard Japan dump some USA treasury bonds to counter the decline of the yen currency. Which means more inflation for USA! 😂😂😂
October will be memorable. Historically October and January are very active
Dow should be below 20.000
Doom doom doomed
All according to plan.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
@jay pritchett Hi , please who is the expert assisting you and how do I reach out to them?
@jay pritchett Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing
Buy real estate . Put a down payment and let the renter pay the mortgage for you. Everyone always needs a place to live.
CHECK OUT "FISHER INVESTMENTS" LIKE THE AD ON TV SAYS, THEY MAKE MONEY WHEN YOU MAKE MONEY, MY FRIEND HAS THEM AS A INVESTMENT FIRM, CHECK THEM OUT
Wait till the markets tank, then buy.
Buckle up people, shits bout to get rough.
Biden and his wife go out to eat at a very expensive steak house. Jill tells the waiter "I'll have your best steak. The most expensive steak."
The waiter says
"Ok. And for the vegetable?"
"Brandon will have the same steak." Mrs B
🤣🤣🤣
brandon and DOCTOR jill order at a very expensive restaurant. jill orders the surf and turf for herself, and says "and the gentleman will have porridge." waiter says, "and when are we expecting the gentleman to arrive?"
More ppp forgiveness but somehow student loan debt is the problem. Sure!
Ppp loans actually accomplished something though.
@@dr.burtgummerfan439 Yeah and I’m sure education didn’t.
@@ryans4096 If they can't pay their bills, their "education" is obviously lacking.
I think Hassett is right on the money. Hopefully midterms will bring a red wave and end this madness.
So, for 30 days now, I've watched the stock market slowly tank. How far will it go. How long will wall street let the stocks go down the drain before we see the real numbers.
Its very obvious it'll be blood for blood soon
YES, THE RED CROSS NEEDS YOUR BLOOD, BE SURE TO GIVE SOME
@@domcizek sure, and I'll be sure to charge a premium for it in this economy.
@@domcizek Never!!!! My blood is my life. Plus, there's too much corruption in the blood and plasma donation business. Why do hospitals charge patients for blood when it's donated for free? Plasma is a different story since they pay for people for it.
I don’t think trick or treat 👻 is going to be a good thing to do anymore just have a house party with a few friends and call it good times and watch spooky stuff.
no supply does not have anything to do with inflation. Inflation is all about to much capital in the system.
SORRY, WRONG, YOU HAVE NOT PASSED ECON 101, SUPPLY AND DEMAND ALWAYS CONTROSL THE PRICE OF EVERYTHING IN THE WHOLE WORLD, LOOK AT GASOLINE, SUMMERS OVER, PEOPLE NOT DRIVING AND SO GASOLINE NOW GOES DOWN, SEE, SIMPLE, NOW YOU LEARNED SOMETHING, I WILL ADMIT THAT PAMPERED AMERICANS HAVE WAY TO MUCH MONEY AND HAVE CAUSED THIS INFLATION, BECAUSE THEY ARE BUYING EVERYTHING IN SITE, ,
Imagine a political party that purposefully depresses commerce.
Brought to you by Klaus Schwab (WEF) and his private jet flying, Climate Change minions.
@Ac Tion Started with the subprime mortgage crisis. See Chuck Schumer's role in printing US currency to get out it.
In the US we have two of those.
They are called REPUBLICANS
Thanks to Brandon!!! And Democrats, it’s going to get very bad in the coming months! Stay strong and safe!!!🙏
This is a problem that's been brewing since Lindon Johnson, Richard Nixon & the like. No one President is solely responsible for such a collapse.
I don't know who needs to hear this! Stop relying on the government and savings. Invest some of your money if you want financial stability, the pandemic has thought us the importance of having several streams of income.
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The market are profitable when it's high. make $1 /k every two weeks of investing $3k. Following good strategies analysis and portfolio is the key🔑
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I heard a lot of investing with Linda Tonya and how good she is, please how safe are the profit?
I traded with her, The profit are secured and over a 100% return on investment directly sent to your wallet.
Just eat an ice cream cone and forget about it...
Sounds like stock market wants to use the peoples savings and not give them a cut
This is what happens when you have a president asleep at the wheel..
October is just the beginning. Wait until the fed jacks another 0.50 to 0.75 on the interest rates.
YES, THAT IS HOW YOU LOWER INFLATION, ALWAYS HAS AND ALWAYS WILL, TO MANY PAMPERED AMERICANS WITH TO MUCH MONEY TO SPEND, ON JUNK FROM CHINA, THAAT IS WAHT IS CAUSING INFLATION,
That’s still not enough to stop Brandon’s run away hyperinflation.
Key words. HELLO Governments. CUT spending. CUT SPENDING.
1. Kevin Hassett 👍🇺🇸💪!
I'm loving it. America needs more of this. Pain is a good teacher.
Says IPZZZZZZ
@@slim-one-82 what does that mean ?
👺👹
Indeed it is. There are plenty of people on all sides of this debacle who lack understanding and forward thinking. Claiming ignorance is no excuse when the symptoms of what we're all experiencing right now have been there waving a red flag from a long way off for many, many years.
@@eoll6322 well said
Consider the Economy as One Huge Engine that Produces the Life Styles that Humans live & Prosper & create a Healthy Financially secure future for their Families . Corruption, Manipulation , creation of Unhealthy Political Policy & Diplomatic Environments is a recipe for Engine Failure. People are equally losing money in the financial market in the midst of all these.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’"Stephanie Priscilla Bonillo"’’ a financial advisor who sets asset allocation that fits my tolerance and risk capacity, investment horizon, present and future goals.
@@Robertgriffinne Please, your coach you mentioned, how do i get in touch with her?
@@PhilipMurray251 just look her name up online to get in touch with her, her details are provided online
Collapse is generous
1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them.
Reckoning for participation trophies is incoming
The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse is near.
Explains it well
Can America…..Survive with Open Borders and Free Services to ALL?
No
Noooooooo. Way‼️‼️🤮🤮
SORRY, THERE ARE OVER 11 MILLIONS OF JOBS NOW LOOKING FOR PEOPLE , LAZY AMERICANS DON'T WANT TO WORK ANYMORE, SOON GREEN CARDS WILL BE GIVEN TO ALL THE IMMAGRENTS COMING ACCOSS THE BOARDER TO WORK ALL THESE JOBS,
Open borders..... Yes we could survive. Free services for all.... No, I mean who would pay for it? The gov isn't a business that generates an income..... They suck us dry with all kinds of tax. Federal, State, Property, Utilities, Insurance requirements, and who knows what else I'm missing in this list.
So, are you tired of losing yet? 🤣
That must be Joe Burden's tagline.
Even if a non dollar-denominated asset sees no real gains during inflation that's still much better than holding cash and seeing your real purchasing power undermined. In other words, sometimes you have to chose between the lesser of two evils.
Yes Clifton. I would rather lose 3% on a stock due to inflation than lose 10% on cash due to the same inflation.
One thing I always have at the back of my head is the Rockefeller's advice on how to earn during times like this; while others are panicking and selling or holding,
My primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains, sure I know the risks of short term gains are much greater but if well managed one'd make a killing, am I wrong?
@@brownkelly2033 These strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
@@brownkelly2033 I was investing on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfolio-advisor for guidance.
Avg home prices may not be skyrocketing but average home sales are skyrocketing which may indicate what buyers and sellers are actually agreeing too in terms of price.
NO, HOME PRICES FALLING, AND LOANS ARE ALSO FALLING,
You can thank your buddies in the democrat party groomer
@@domcizek I am referring from 1980 onward.
I am modifying “you will owe nothing and be happy“ to you will lose everything and be happy.
Do not be complacent... Get out and vote in record numbers... We need a red wave if we are going to save America... We the people have had enough of the Beijing Biden regime.
Remember Biden done this one also let's see who he blames this one on
People trying to blame Biden for an economy 60+ years in the making are people who think winning the next election will somehow save their country despite history as recent as 6 years proving that belief absolutely false.
It's been scary for months now
Looking back fondly on the good 'ole days of Jimmy Carter. At least we had way better music back then.
Raise rates like crazy!! I’m making 2.35% from citizens bank and soon it’ll be 2.50%. The highest it’s been in decades! Keep it coming!!!
You poor thing.... I'm making 6.5% on my USDC
@@reefkeepers250 can’t tie my money up. I’m 37 and buying a home in Roslyn NY. All cash just waiting for some inventory and the correct house/size/taxes. It’s a tough game where I’m going to purchase. I’m up against older people with extremely deep pockets
YES, BACK IN THE SIXTIES, I WAS MAKING 15 PERCENT ON MY SAVINGS
@@domcizek yea but 15% on Pennies doesn’t yield much. $1 million at 2.35 and soon to be 3% is fantastic
6 month treasury bills will reach 5% by December. Wooowhoooooo
Shep says Neil would squeal and wake his neighbors
When did he say that?
Want and see
In the past the East Europe could escape to the West. Now, there is no place that we could be safe 😥
Western Civilization had a good run though.
@@dr.burtgummerfan439 😂
I don't think Biden's aware of anything. Well, only when it's time to pee and sleep.
Don't forget about the hair s niffing!!
An eat ice cream 🤑
I am really hopeless of anything good can come out from this current leader and its administration. Very pessimistic and very sad about the state of our country. Vote RED people for positive changes and the country badly need to change courses for the sake of its people, esp. those with fixed income.
Many of those on fixed incomes voted for Adolph Sniffler
Dear Mr. Hassett you are speaking a language totally incomprehensible by the present administration also you reference history something the progressive do not want us to remember or even be aware of in the case of the younger population . Great comment kudos to both of you gentlemen
He nailed it, one of the few talking about supply side tax cuts to help lessen demand.
Inflation might slow down but it's going to continue either way
It's gaining speed!
UNTIL PEOPLE STOP BUYING EVERYTHING IN SITE, ECON 101, SUPPLY AND DEMAND COTROLS INFLATION, NO BODY ELSE
Scary October for fox newS 1.6 billion dollar lawsuit
Joke's on them. By the time they're settled those dollars will be toilet paper. 🤣
How about just cutting the budget and no tax cuts for anybody
Watch Out! Michael's Coming To Gettcha!
The stock market has bottomed! October, November and December are going to be really bullish!
The market hasn't found bottom yet, but don't worry I'm sure it's to dive some more.
The markets will continue dropping while Biden is in power. He does nothing to boost the markets.
It is up to the USA public whether the drop is for another 2 or 6 years.
There IS no bottom to the Biden economy……..🙄
Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.
i agree with this but the problem now is getting to make the right investments, Lots of people tend to lose their money while investing thereby making them lose interest and also end up discouraging other individuals around them.
I invest with Mrs Shana Heckel too, her charges a 20% commission on profit made after every trading session which is fair compare to the effort she puts in to make huge profits.
Amazing to see another who trades with Mrs Shana Heckel, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
next year around spring time is when it really take off to whole another level of bad
Spooooky October! 🎃
News Flash mfkas the economy bewn scary as hell since trump left
Great job ❤
Anyone voting Blue these days must be out of their freaking minds .
It was scary because the country shut down so we didn't lose all of our grandparents to holiday parties.. Catch up lol
Most morons won’t believe what you’re saying. They’re in denial. At least they won’t be upset by mean tweets!
@@promethiac2641 Yep , now Biden just kills them with Fentanly over doses . So much more fun don't ya think .
Just one more reason for all patriots to vote all red lest this kind of abuse will come to America . It's bad enough what the Dems have done so far and now even though we are all suffering , they plan on sending IRS Agents to our doors armed with guns . They want to continue making our lives a living Hell . . . . . .VOTE RED !
Each State needs to make its own currency and US dollars can be accepted in every State as an alternative payment method and for international business. Otherwise we’re all endlessly vulnerable to idiots in power printing or overspending government money. Compartmentalization is needed.
Productivity will fix this , and abundant energy !
They say that about every October. But.... nothing
PLEASE, if the markets were doing well Biden would be taking credit.
The stock market ain't the economy , mate!
@@realdonta2686 right, that sucks too
Love it. Hope country, stock market, and economy gets much worse. Let's Go Brandon.
Misery loves company.
I don't mind a bear market. I made plenty buying all the stocks on sale in 2008 and selling them down the road. Every time people start screaming end of the world other people are making money. Which one do you want to be?
Uh what a surprise!!!
Talk talk talk talk talk....no one is doing ANYTHING about it. Just more pontificating. FAIL. Fox has to go.