Hey everyone, okay so our DocuSign account got locked because we had so many people click on the links to invest - this is kinda nuts. If you’re interested, email invest@robohack.ai and we’ll get you a working link - so sorry for the confusion!!
My husband just got laid off yesterday, on my birthday. He’s an electrician. People are in for a huge slap across the face with this veil of fake prosperity. Just wait til Jan/Feb/March numbers. Ugh
So sorry to hear. I agree with you. I think we get a really nasty recession or even a depression... the only thing that needs to happen is a popping of any one of the multiple bubbles. Once one goes it will not stay contained and it will burn through the economy at a rapid rate. I think unemployment goes above 14 percent maybe even as high as 20 percent, buisnesses, and banks go under ... the revenue for taxes dries up... the deficits ballon even higher, inflation goes back up (STAGFLATION) and that leads us right into a Depression. I have never wanted to be more wrong in my entire life.
That has never been true, it's a perception. As a developer, 14 years ago, I filled in for someone who went on vacation who's job included compiling a report that took like four hours every week. It was boring, I automated it, showed them it, their face was blank, and I said, you can use it or not, but it saves time if you want, Either way, there are better ways to spend valuable time to do real work. I still remember in the 90's being told you couldn't do email on a PDA. Wrong, did it. And now, everyone can do whatever they want on a portable device. It's fear. It's not learning to adapt.
This is sort of a strawman argument because loads of companies automated those tasks AND management still wants to cut staff/automate further. They want to keep cutting to the absolute bare minimum. It's not true that people are taking hours to do basic tasks at all companies
" I still remember in the 90's being told you couldn't do email on a PDA. Wrong, did it. " You were given wrong information, completing a task that is designed to be achievable (email on pda), does not make you anything special, sorry.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
Well, I suggest you make a diversification plan because it's been harder to build a good portfolio that stays afloat since COVID. Personally, I gained knowledge from a brokerage Adviser whom I work with, and I've actually made over $350K with their help since February. Very effective defensive strategies are used to protect my portfolio and make profits despite the ups and downs.
My financial advisor is ' Annette Christine Conte '. I found her on an interview where she was featured Afterwards I reached out to her on her webpage. she has since then provided me with entry and exit points in securities I focus on.
I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
Buisnesses are starting to go under at rapid rates too. Wait until banks join in... Unemployment is going to surge, defaults will go up higher... banks are in trouble with massive losses in CRE and auto loans etc, The debts are so high the govt will not be able to juice the economy like they have in the past ... if they do they just cause inflation to come raging back (stagflation) and make things even worse. We are stuck. What comes next is going to be horrible. Lots of folks will say Trump is inheriting a crappy economy but they forget that he helped with that during his first term. His economic plan is not going to work. It will make the recession / depression come faster and be much worse. I hope folks are getting ready. My wife and I have already cut back by half and have agreed to a "no spend" 2025. And I make a crap ton of money. Please be careful... be safe, be kind.
It's sad how difficult things have become in the present generation. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
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.
he's entertaining though. Just stay calm and start exiting in March-April next year. That's when things really crash. Until then things will get euphoric.
Tariffs on all imports? Every American manufacturer uses imported materials, raw and ready made.. No manufacturer can make every single part that is made in America… …. Walmart, Target, Home Depot, Lowes..80% is import goods or those products were made from import parts,assembled in the USA.. Will trump tariffs cause everything to go up? … When someone do not understand ..how business use imports, the raw , ready made parts..SAD .. Every auto assembly in America is made of thousands of import parts…this is just one factory..frito lay use imported bags.. INFLATION! Let’s see how high?
When you try to be intelligent but then you see manufacturing and services slump in France germany and the uk and then you make yourself out to be a right clown.
@@istvanpraha Housing/rent bubble? You think rent/housing is coming down during a recession? You're dreaming. People aren't locked into ARMs this time around like the GFC.
Anyone else think that's Kevin is always saying this is the end Doom and Gloom, for clicks.. because I'm in the transport business and rates are up and housing is still on a steep climb...
I’m in trucking and rates have been in recessionary for 2 years. Rates just started going up because businesses are now going out of business so there is less competition and capacity.
The person guiding you the mountain is a good indicator of when the mountain will end. (While those guiding will look behind for information on how far we have come up for more information on those they drag along so that they will get carried down instead of leading others down the cliff!)
I believe that the market loves ripping people's face off. I also believe that $100k is a psychological number for a lot of people. One person says, "I'm selling $100k". The next says, "Then I'm selling at $99,900, and so on. So....how does market rip people's face off if they're fronting the face rip off?? By.....blowing past $100k to say $107k - $115k. The people that sold at below $100k expecting a pull back, hold back until it hits $110k then fomo back in. Just in time to get their faces ripped off. 😂😂
Yeah at this point it's really looking more and more like the Stock market may one day be one of the only ways for normal people to make good money. Especially if automation comes and and takes over through AI. The job loss from that will be staggering. And yet you have people saying AI is going to add jobs. Hasn't so far
@@Madchris8828 The promise of A.I. has been around for decades. Only now is the hype overblown to epic proportions. And it one of the primary drivers of the few remaining bubbles, the stock market.
6 month ago only leading economy was a showing decline, now recently cyclical economy started to worsen, the next step is aggregated economy, when it becomes negative - it will be official start of the recession, and only then we get decline in consumer economy.
That's why anytime a # such as PMI survey go up month over month, the media only reports the one-month uptrend. Have to fool people into thinking things are good!
yeah business is bad. TBH at this point, I think we should just let the recession happen. Trump is going to try to wrestle us back from it with all of the tools that never helped in the past, except to drive up wealth inequality and asset bubbles. Not sure why all of these 80 year olds are so afraid of the economic cycle all of a sudden.
We're about to head back to 2022 levels in the bond market. But the kicker is is that we're gearing up to head back to a bullish run for the next 24 years starting in February or March. However, there is a chance that we would never see these levels again in our history.
Bullish run😂😂😂😂 The uk france and Germany are in full blown recession entering into depression and my man thinks 3 major us trading export countries will mean the us economy will enter a bull run 😂😂😂😂
@Micfri300 It's smoke and mirrors. I read charts not people. I have over 40,000 hours of chart time. Plus Pluto is changing transit. As JP Morgan's quote "Millionaires don't use Astrology, Billionaires Do. Good luck. You should save this as a screenshot as you will miraculously see a shift. I see the play already. You just riding along for the story. But I understand Guy.
@UniversalCode9 no donkey let me inform you properly. Do you know what's the only way that countries bring down their debt to gdp? WAR. Why do you think escalation is taking place across multiple countries and the us is at the centre of most of them? But I'm sure you can take your candlesticks to the front line and see how long they last 😆 🤣 😂
I work for SHYFT group welding for their Duramag truck body line and our hrs have been cut dramatically for the next 6 months, though they say it shouldn't be that long we still have to file for a state funded workshare program so we can collect a portion of our paycheck. Its basically unemployment for reduced hrs.
@khus12 you would have to be intellectually challenged then to think we are still in a bull market and not be medically seen. How's that for you donkey
A normal recession will take place. This is basic business 101! These fluctuations, business cycles, are normal. What goes up must come down! No such thing as the economy shooting straight to the stars. Remember this: recession breed new MILLIONAIRES! Are you ready?
Manufacturing has been resilient up until now because of the back logs that they’ve been working through from the artificial stimulus that made people order durable goods from the Covid boom. In 2022 when rates started to go up this should’ve caused a contraction 6-9 months out for manuf. but seeing as everyone was still working through backlogs of orders placed during Covid it kind of made them rate insensitive. Rates could go higher but as long as there was a backlog to work through it didn’t matter. This is also why services sector has been resilient because manufacturing still hasn’t been contracting and services will not contract until manufacturing starts to layoff and shut down factories. But now with backlogs all worked through you’re seeing the contraction and manufacturing is seeing layoffs and shut downs albeit it’s only just starting. If it keeps up it’ll trickle into services sometime by middle of 2025.
I'm a buyer of machined parts for a large manufacturer. In 6 years with the company I have never gotten so many cold calls and emails from domestic suppliers looking for business. When I started in 2018 some of the same companies weren't taking new customers or kicked us out cause they were so busy.
Price rejection because prices got too high. The Govt is going to try and juice it like they always have. It won't work. The Debts are too high. No inflating our way out of this one. The more they juice the wores it will make everything. Austerity will be the new name of the game but everyone will be too late figuring that out. My wife and I agreed to a "no buy" year for 2025 and I make a lot of money. IMHO we get a 100 year event that will be the biggest transfer of wealth in hisotry. Folks need to get ready. Even if you don't make a huge amount of money I recommend to cut way back the more you can the better, bet out of debt, and at least stack food and water.
when the wealthiest americans and businesses have NEVER BEEN better off than they are today (much due to gov $ printing), and while they own 90% of all the wealth, it makes sense that the "economy" has been doing good. HOWEVER the middle class is OUT OF MONEY right now and the consumer spending will slowly trail behind rising unemployment as more and more people get laid off. we're going down. period. consumer debt= all time highs. personal savings rates= worse than 2008. unemployment= about to go parabolic. ACTUAL full time jobs= net losses basically for the last year (except the alleged government jobs, and healthcare). home affordability= all time low. while the "economy" has been doing ok, consumer sentiment/ purchasing power has been declining due to to inflation. consumers are not doing good and the election proved that. what leading indicators should we follow to predict when the "economy" will no longer hold up the false narrative that "everything's peachy"?
Manufacturing is getting hit cause of the automobile industry. Interest rates and high prices of vehicles is really putting a strain on the industry and I imagine the automotive industry makes up a massive percentage of the manufacturing data
Then why is the market Spiking up to all time highs? While we are also closer to nuclear War then ever before.... everything seems backwards and melting up.
because government spending as a percent of GDP has skyrocketed to almost 30% of GDP..Biden is litterally gonna hand Trump a big fat turd just like Trump left him. Government spending is SO HIGH there is no way trump (or anyone else in their right mind) would continue that policy. Therefore everything blows up as soon as Biden admin stops pumping the GDP with gov spending and Trump inherits an economy that tanks THE MOMENT HE IS SWORN IN. tit-for-tat fiscal policies ..voters are the pawns
Such a great video. 😅I was watching this as I was deciding which fuel to put into my jet and I’m so happy I did before choosing the premium. Hopefully regular will get me to and from my next investments.
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Stacy Lynn Staples is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
You should subtract the MIC part of the US manufacturing. It doesn't produce anything you actually need, just fills up your depleted weapons stockpiles.
They been saying crash over a year. Yet keeps going up. I’m bummed I never invested a lot played it safe. So mine doesn’t move! Now might be too late to buy Idk!
It’s coming but prly not til late 2025 likely more like 2026. There’s some pretty good charts that back this up and the 18.6 real estate cycle is something that I believe in and seems to line up with the data. You have to know the real estate cycle for obvious reasons I’d love to know your thoughts on it, it would be a sweet video from you!
Lol Kevin was telling us market would crash at the start of this year and it's only gone up. I follow Kevin for the current events not his predictions.
@@gyspyslaya do your sourced materials come from overseas? People are front running the anticipated tariffs that will increase nearly all goods and food soon. If it’s not directly linked to overseas- doesn’t matter. The greedy companies will use it justification for increased prices just as they have done with the “supply meltdown”. Capitalism. Gotta live it, right?
You're doing a fantastic job! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Question….if interest rates go lower in a deflationary way how will this effect the recent gains in Crypto Currencies. 🤔 especially if the U.S dollar purchase power increases.
I experienced Manufacturering to be recessionarily slow in October, but post-election, it's suddenly quite busy, compariable to Q1. (our industrial supply company is well connected, everything from hamburgers to satellites)
Bet Kevin wants to sell TSLA around this price and buy back after a crash since he bought in way higher than he sold last time. No shame, no one can time the market consistently. I’ve been burned many times but sitting at $232 DCA so not doing bad at all ;)
Ai cannot replace skilled labor, only indexable automation jobs for atleast 3 to 5 years becase robotics, computational power, and compact energy storage is not there yet. Engineers, contractors, and medical are all safe for a wile but a lot of tec is going to get displaced.
Same i swing trade a bit these days but havnt been buying long holds like i did a few years ago plus back, ...wish I held my palantir and draftkings calls a bit longer, ehh oh well
Can I tell you what I think? I think now? The time is right to say the inflation of manufacturing is now transitory we are transitioning back to pre-Covid levels perhaps dip a little bit but that’s okay
They are also suffering from super low wages. Nobody wants to work when they are getting paid cents, similar thing in the U.S. This is why companies are turning to Automation. It wont be enough tho the economy will keep hemorrhaging because inflation will keep going as it has been.
@@robdog979 inflation as far as i can tell is forever, we need deflation to fix the labor problem, there is no other fix (other than higher wages but that cuts company profits so it isnt happening). Not only that i think inflation will reaccelerate when the tariffs come in and make everything more expensive. And once that happens we will go into a nasty feedback loop of unemployment because no sales low profits and no buyers because too many unemployed because of layoffs and so on. We are heading into a death spiral. Automation can save the companies but theres no way they will be able to implement it fast enough, its why markets are so skidish with the progress of A.I
Current US employment is supported by Gov which Eron is now going to cut. Eron will end up creating more unemployment or he will be blocked to achieve his goal.
I thought you went on vaca with your fam. Go be with your kids and wife instead of posting. We can wait until Mon for these videos. Enjoy your weekend!
I agree many like to fear monger for clicks but there are some who warn the masses and a common reaction is to dismiss it. History has shown their were signs but the crash usually surprises and happens suddenly
Kevin please help me understand this contradiction in your outlook. You are bearing on the economy and think a recession induced by AI is around the corner, but you are bearish and sold out on all the companies that facilitate and profit from this AI transition (NVDA TSM etc). Someone has to win correct?
March 2025. 60 days either side of March 15th will likely see the bubble burst. The question really will be does it retrace to Aug 24 lows or back to April 24 lows. I say 60 days either side of March 15th because we see a lot of crashes in October or March. Trump administration plans will be starting to sink in by then. Economies will have to alter spending and consumption as a result. May be good long term. May be terrible long term. Guess we are all going to find out. I think there is a small possibility we see the crash before then if people run for the hills with their money and the buying turns into massive selling of equities. I think instead we will see buying slow down and the sell off will only happen after people need to tap those savings. Before that happens the rug pull will happen and the market will drop to trap as many people in their positions as possible for at least a few months. Personally I'm winding down my major risk positions before year end and then sitting on cash for a few months. I will still have recurring investments going to trickle in, but I think I can sit out for a few months and see what happens post administration change.
Hey everyone, okay so our DocuSign account got locked because we had so many people click on the links to invest - this is kinda nuts. If you’re interested, email invest@robohack.ai and we’ll get you a working link - so sorry for the confusion!!
I won’t believe Kevin is truly bearish until I see him do a TITANIC sinking meme like he did in January 2022.
Legit!
Until he gets his hair red again
that was classic😅
that was a great one.
He has a pretty mano-depressive economic outlook 🙂
My husband just got laid off yesterday, on my birthday. He’s an electrician. People are in for a huge slap across the face with this veil of fake prosperity. Just wait til Jan/Feb/March numbers. Ugh
Kevin's yet another serial LLC robohack will be the cherry on top! 🍧
I’m so sorry!!
Move to Sweden... Electricians are in great demand!!
So sorry to hear. I agree with you. I think we get a really nasty recession or even a depression... the only thing that needs to happen is a popping of any one of the multiple bubbles. Once one goes it will not stay contained and it will burn through the economy at a rapid rate. I think unemployment goes above 14 percent maybe even as high as 20 percent, buisnesses, and banks go under ... the revenue for taxes dries up... the deficits ballon even higher, inflation goes back up (STAGFLATION) and that leads us right into a Depression. I have never wanted to be more wrong in my entire life.
@@XeNos3131electricians are wanted in USA also along with any other trades
That has never been true, it's a perception. As a developer, 14 years ago, I filled in for someone who went on vacation who's job included compiling a report that took like four hours every week. It was boring, I automated it, showed them it, their face was blank, and I said, you can use it or not, but it saves time if you want, Either way, there are better ways to spend valuable time to do real work. I still remember in the 90's being told you couldn't do email on a PDA. Wrong, did it. And now, everyone can do whatever they want on a portable device. It's fear. It's not learning to adapt.
So well said
This is sort of a strawman argument because loads of companies automated those tasks AND management still wants to cut staff/automate further. They want to keep cutting to the absolute bare minimum. It's not true that people are taking hours to do basic tasks at all companies
" I still remember in the 90's being told you couldn't do email on a PDA. Wrong, did it. "
You were given wrong information,
completing a task that is designed to be achievable (email on pda),
does not make you anything special, sorry.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
Well, I suggest you make a diversification plan because it's been harder to build a good portfolio that stays afloat since COVID. Personally, I gained knowledge from a brokerage Adviser whom I work with, and I've actually made over $350K with their help since February. Very effective defensive strategies are used to protect my portfolio and make profits despite the ups and downs.
I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
My financial advisor is ' Annette Christine Conte '. I found her on an interview where she was featured Afterwards I reached out to her on her webpage. she has since then provided me with entry and exit points in securities I focus on.
I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
The car lots are full and no one is buying houses. It's a disaster.
Tell the FED that,. interest Rates, still NEED to,.. come,. DOWN !!
Yeah because wages don't go up nearly as much as housing costs!
@@douglash.8862Oh yeah. That'll fix it all
Buisnesses are starting to go under at rapid rates too. Wait until banks join in... Unemployment is going to surge, defaults will go up higher... banks are in trouble with massive losses in CRE and auto loans etc, The debts are so high the govt will not be able to juice the economy like they have in the past ... if they do they just cause inflation to come raging back (stagflation) and make things even worse. We are stuck. What comes next is going to be horrible. Lots of folks will say Trump is inheriting a crappy economy but they forget that he helped with that during his first term. His economic plan is not going to work. It will make the recession / depression come faster and be much worse. I hope folks are getting ready. My wife and I have already cut back by half and have agreed to a "no spend" 2025. And I make a crap ton of money. Please be careful... be safe, be kind.
@@bpb5541Couldn't disagree more. Cutting regulations by 90% in multiple fields and cracking down on gov spending will help quite a bit.
It's sad how difficult things have become in the present generation. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
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.
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
Not many things get me as excited as seeing a video from Kevin on Friday about Macro.
Fear fear fear…..everything is going to hell for the last year with this guy
he's entertaining though. Just stay calm and start exiting in March-April next year. That's when things really crash. Until then things will get euphoric.
thumbnail reader spotted
Tariffs on all imports? Every American manufacturer uses imported materials, raw and ready made..
No manufacturer can make every single part that is made in America…
….
Walmart, Target, Home Depot, Lowes..80% is import goods or those products were made from import parts,assembled in the USA..
Will trump tariffs cause everything to go up?
…
When someone do not understand ..how business use imports, the raw , ready made parts..SAD ..
Every auto assembly in America is made of thousands of import parts…this is just one factory..frito lay use imported bags..
INFLATION! Let’s see how high?
Fear is basically the basis of human nature, which actually brings into the fact that any company run by a person afraid is a bad bet.
Mr bad news himself. Let's see what's WRONG with economy now smh 💯💯💯
Well, if you have some good news, write it out. You like inflation, housing/stock/car/rent bubble and companies not hiring?
When you try to be intelligent but then you see manufacturing and services slump in France germany and the uk and then you make yourself out to be a right clown.
@@istvanpraha Housing/rent bubble? You think rent/housing is coming down during a recession? You're dreaming. People aren't locked into ARMs this time around like the GFC.
I know crazy right! Bidenomics is working and he says manufacturing is better now than ever in history. Get in line
@@istvanprahaif he calls for recession long enough he will be right eventually
Anyone else think that's Kevin is always saying this is the end Doom and Gloom, for clicks.. because I'm in the transport business and rates are up and housing is still on a steep climb...
He's just reporting info that's reported on other sites
I’m in trucking and rates have been in recessionary for 2 years. Rates just started going up because businesses are now going out of business so there is less competition and capacity.
The person guiding you the mountain is a good indicator of when the mountain will end. (While those guiding will look behind for information on how far we have come up for more information on those they drag along so that they will get carried down instead of leading others down the cliff!)
its just data. no. your industry is 1 of MANY not a leading indicator for every type of recession or slow down economically
I’m already seeing massive layoffs in different sectors of jobs YIKES! Started yesterday
No, the stock market is going up with or without you, Kevin.
A recession is when your neighbor loses his job. A depression is when you lose yours. Ronald Reagan
I believe that the market loves ripping people's face off. I also believe that $100k is a psychological number for a lot of people. One person says, "I'm selling $100k". The next says, "Then I'm selling at $99,900, and so on. So....how does market rip people's face off if they're fronting the face rip off?? By.....blowing past $100k to say $107k - $115k. The people that sold at below $100k expecting a pull back, hold back until it hits $110k then fomo back in. Just in time to get their faces ripped off. 😂😂
Market doesn't care.😂
Buyers don't care. Insiders like Buffett and Bezos who are selling into strength do care.
The uk german and French yields crashing today says otherwise and the price of gold shooting up.
Yeah at this point it's really looking more and more like the Stock market may one day be one of the only ways for normal people to make good money. Especially if automation comes and and takes over through AI. The job loss from that will be staggering. And yet you have people saying AI is going to add jobs. Hasn't so far
@@Madchris8828 The promise of A.I. has been around for decades. Only now is the hype overblown to epic proportions. And it one of the primary drivers of the few remaining bubbles, the stock market.
i come here for Kevin, but i stay for the comments. Great work, guys, as always
6 month ago only leading economy was a showing decline, now recently cyclical economy started to worsen, the next step is aggregated economy, when it becomes negative - it will be official start of the recession, and only then we get decline in consumer economy.
That's why anytime a # such as PMI survey go up month over month, the media only reports the one-month uptrend. Have to fool people into thinking things are good!
Literally all I do is skip from company to company trying to find work. Their contracts aren't going thru
Yikes sorry to hear that!
No Top for MSTR is trillions dollars company ❤ engineering ❤
yeah business is bad. TBH at this point, I think we should just let the recession happen. Trump is going to try to wrestle us back from it with all of the tools that never helped in the past, except to drive up wealth inequality and asset bubbles. Not sure why all of these 80 year olds are so afraid of the economic cycle all of a sudden.
More countries afraid of Trump Tariffs than Putins nukes🤣
We're about to head back to 2022 levels in the bond market. But the kicker is is that we're gearing up to head back to a bullish run for the next 24 years starting in February or March. However, there is a chance that we would never see these levels again in our history.
Bullish run😂😂😂😂
The uk france and Germany are in full blown recession entering into depression and my man thinks 3 major us trading export countries will mean the us economy will enter a bull run 😂😂😂😂
@Micfri300 It's smoke and mirrors. I read charts not people. I have over 40,000 hours of chart time. Plus Pluto is changing transit. As JP Morgan's quote "Millionaires don't use Astrology, Billionaires Do. Good luck. You should save this as a screenshot as you will miraculously see a shift. I see the play already. You just riding along for the story. But I understand Guy.
@@UniversalCode9 obviously where you are reading from is a bunch of shite.
@UniversalCode9 no donkey let me inform you properly.
Do you know what's the only way that countries bring down their debt to gdp?
WAR.
Why do you think escalation is taking place across multiple countries and the us is at the centre of most of them?
But I'm sure you can take your candlesticks to the front line and see how long they last 😆 🤣 😂
@@UniversalCode9 but whats your net worth?
Good analysis
I work for SHYFT group welding for their Duramag truck body line and our hrs have been cut dramatically for the next 6 months, though they say it shouldn't be that long we still have to file for a state funded workshare program so we can collect a portion of our paycheck. Its basically unemployment for reduced hrs.
It’ll be 2029. 100 yrs after the great depression
Great information brother 👍😊❤❤❤❤❤❤❤❤❤❤❤
Oh no Kevin says the market is gonna crash everyone go buy some water and toilet paper to stay hydrated and wipe your ass when nothing happens.
Ask france germany and the uk If a recession is not coming.
Donkey 😂
@Micfri300 putting a donkey in your comment, won't make you correct..
@@khus12 The 'donkey' jab aside, he is right.
@khus12 you would have to be intellectually challenged then to think we are still in a bull market and not be medically seen.
How's that for you donkey
A normal recession will take place. This is basic business 101! These fluctuations, business cycles, are normal. What goes up must come down! No such thing as the economy shooting straight to the stars. Remember this: recession breed new MILLIONAIRES! Are you ready?
Manufacturing has been resilient up until now because of the back logs that they’ve been working through from the artificial stimulus that made people order durable goods from the Covid boom. In 2022 when rates started to go up this should’ve caused a contraction 6-9 months out for manuf. but seeing as everyone was still working through backlogs of orders placed during Covid it kind of made them rate insensitive. Rates could go higher but as long as there was a backlog to work through it didn’t matter. This is also why services sector has been resilient because manufacturing still hasn’t been contracting and services will not contract until manufacturing starts to layoff and shut down factories. But now with backlogs all worked through you’re seeing the contraction and manufacturing is seeing layoffs and shut downs albeit it’s only just starting. If it keeps up it’ll trickle into services sometime by middle of 2025.
I'm a buyer of machined parts for a large manufacturer. In 6 years with the company I have never gotten so many cold calls and emails from domestic suppliers looking for business. When I started in 2018 some of the same companies weren't taking new customers or kicked us out cause they were so busy.
Price rejection because prices got too high. The Govt is going to try and juice it like they always have. It won't work. The Debts are too high. No inflating our way out of this one. The more they juice the wores it will make everything. Austerity will be the new name of the game but everyone will be too late figuring that out. My wife and I agreed to a "no buy" year for 2025 and I make a lot of money. IMHO we get a 100 year event that will be the biggest transfer of wealth in hisotry. Folks need to get ready. Even if you don't make a huge amount of money I recommend to cut way back the more you can the better, bet out of debt, and at least stack food and water.
I’ve heard company’s that purchase from ASML (Intel/TSMC) are able to make enough to pay the machine off is 6 months- not 5 to 10 years.
I always like Kevin’s point of view even if it’s gloom and doom . Thanks Kevin .
when the wealthiest americans and businesses have NEVER BEEN better off than they are today (much due to gov $ printing), and while they own 90% of all the wealth, it makes sense that the "economy" has been doing good. HOWEVER the middle class is OUT OF MONEY right now and the consumer spending will slowly trail behind rising unemployment as more and more people get laid off. we're going down. period. consumer debt= all time highs. personal savings rates= worse than 2008. unemployment= about to go parabolic. ACTUAL full time jobs= net losses basically for the last year (except the alleged government jobs, and healthcare). home affordability= all time low.
while the "economy" has been doing ok, consumer sentiment/ purchasing power has been declining due to to inflation. consumers are not doing good and the election proved that. what leading indicators should we follow to predict when the "economy" will no longer hold up the false narrative that "everything's peachy"?
Kevin is amazing.
bitcoins gonna dump 100k level is to psychological..
Manufacturing is getting hit cause of the automobile industry. Interest rates and high prices of vehicles is really putting a strain on the industry and I imagine the automotive industry makes up a massive percentage of the manufacturing data
Then why is the market Spiking up to all time highs? While we are also closer to nuclear War then ever before.... everything seems backwards and melting up.
because government spending as a percent of GDP has skyrocketed to almost 30% of GDP..Biden is litterally gonna hand Trump a big fat turd just like Trump left him. Government spending is SO HIGH there is no way trump (or anyone else in their right mind) would continue that policy. Therefore everything blows up as soon as Biden admin stops pumping the GDP with gov spending and Trump inherits an economy that tanks THE MOMENT HE IS SWORN IN.
tit-for-tat fiscal policies ..voters are the pawns
Such a great video. 😅I was watching this as I was deciding which fuel to put into my jet and I’m so happy I did before choosing the premium. Hopefully regular will get me to and from my next investments.
Who else loathes Obama, Kamala Harris, Walz, Biden, Jack Smith, Mayorkas, Schumer, Newsom, Schiff, Hochul, Willis, Fauci, Pelosi, Cheney, Hillary, AOC, Woke Hollywood, CNN, ABC, CBS, MSDNC, Facebook, google and RUclips censorship-:-
There is an equal market chance associated with each crash or collapse. I have seen people accumulate up to $1 million during a crisis, and even make it work in a strong economy if they are prepared and well-informed. Without a doubt, the bubble/collapse is making someone wealthy.
I completely agree. It's not just about the dividends or profits, Diversifying a portfolio can be a smart move and i always advise one gets a professional to help out.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Stacy Lynn Staples is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
You should subtract the MIC part of the US manufacturing. It doesn't produce anything you actually need, just fills up your depleted weapons stockpiles.
Valuation is problematic now. The negative wealth effect is the only thing missing to create a recession.
They been saying crash over a year. Yet keeps going up. I’m bummed I never invested a lot played it safe. So mine doesn’t move! Now might be too late to buy Idk!
Maybe after the implementation of tariffs, manufacturers will grow..
It’s coming but prly not til late 2025 likely more like 2026. There’s some pretty good charts that back this up and the 18.6 real estate cycle is something that I believe in and seems to line up with the data. You have to know the real estate cycle for obvious reasons I’d love to know your thoughts on it, it would be a sweet video from you!
“Don’t tell anyone” all 37k of us 🙊
I sure appreciate your un bias news
Lol Kevin was telling us market would crash at the start of this year and it's only gone up. I follow Kevin for the current events not his predictions.
100%
Hope this time Kevin is right.
I don't know if you'll read this comment, but I REALLY appreciate the emails you send in the morning. Thank you!!
im in manufacturing and since the election we have never been busier
@@gyspyslaya do your sourced materials come from overseas? People are front running the anticipated tariffs that will increase nearly all goods and food soon. If it’s not directly linked to overseas- doesn’t matter. The greedy companies will use it justification for increased prices just as they have done with the “supply meltdown”. Capitalism. Gotta live it, right?
You're doing a fantastic job! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
bitcoins gonna dump 100k level is to psychological.
Wait Kevin, so should I sell my SMCI shares. Sell everything right, and wait for the juicy bottom when the recession hits.
OH WELLS MAN KEEP PUMPING THEM STONKS THOUGH!!
good stuff, and nice tux! when top hat and monocle? :D
ASML is sitting in the golden zone!
Question….if interest rates go lower in a deflationary way how will this effect the recent gains in Crypto Currencies. 🤔 especially if the U.S dollar purchase power increases.
These info are same as people rather get their cars fixed instead of buying new cars.
I experienced Manufacturering to be recessionarily slow in October, but post-election, it's suddenly quite busy, compariable to Q1. (our industrial supply company is well connected, everything from hamburgers to satellites)
Bought XAI73R after watching your video, super excited! 💰
ready for demand to slump when the tariffs come in
I work for the largest producer of tailored men’s clothes in North America so I feel all of this by the way I like the clothes lately
Bet Kevin wants to sell TSLA around this price and buy back after a crash since he bought in way higher than he sold last time. No shame, no one can time the market consistently. I’ve been burned many times but sitting at $232 DCA so not doing bad at all ;)
Ai cannot replace skilled labor, only indexable automation jobs for atleast 3 to 5 years becase robotics, computational power, and compact energy storage is not there yet. Engineers, contractors, and medical are all safe for a wile but a lot of tec is going to get displaced.
Been waiting for the correction for a long time now, stacking cash
Same i swing trade a bit these days but havnt been buying long holds like i did a few years ago plus back, ...wish I held my palantir and draftkings calls a bit longer, ehh oh well
Bullish all day long ! This time is different
Can I tell you what I think? I think now? The time is right to say the inflation of manufacturing is now transitory we are transitioning back to pre-Covid levels perhaps dip a little bit but that’s okay
🙏
I love how you broke down the XAI93x project in your video! Can’t wait to see it soar!
There’s no “covid” banner in the description. Are we finally coming back!?
Idk bruh you told me how bearish you were 6 month ago.. glad I didn’t take your advice and was still buying.
this means new highs incoming
Here he goes again
You do realise other countries exist in the world not called the United States and without these countries the us economy doesn't expand its wealth?
How do I get retirement advice through your advising company
I genuinely think XAI93x will be the breakthrough for this run
Janet Yellen and the way the treasury is issuing may somewhat be skewing the yield curve.
But they say $TSLA to $800 next year 😂
Japan has a manufacturing slowdown due to the lack of workforce.
They are also suffering from super low wages. Nobody wants to work when they are getting paid cents, similar thing in the U.S. This is why companies are turning to Automation. It wont be enough tho the economy will keep hemorrhaging because inflation will keep going as it has been.
@@PerfectlyFunctioningAII thought inflation was tamed now?
@@robdog979 LOL, inflation is still really high. The average age of a home buyer is 56 years old. That is just several years away from retirement...
@@robdog979 inflation as far as i can tell is forever, we need deflation to fix the labor problem, there is no other fix (other than higher wages but that cuts company profits so it isnt happening). Not only that i think inflation will reaccelerate when the tariffs come in and make everything more expensive. And once that happens we will go into a nasty feedback loop of unemployment because no sales low profits and no buyers because too many unemployed because of layoffs and so on. We are heading into a death spiral.
Automation can save the companies but theres no way they will be able to implement it fast enough, its why markets are so skidish with the progress of A.I
So explain why the uk germany and France are having a manufacturing collapse..
Current US employment is supported by Gov which Eron is now going to cut. Eron will end up creating more unemployment or he will be blocked to achieve his goal.
There will be more jobs data that would lead to 0.25% rate cut in December.
Does this mean I should sell all of my stock?
I thought you went on vaca with your fam. Go be with your kids and wife instead of posting. We can wait until Mon for these videos. Enjoy your weekend!
Correct US economy and everybody else completely poor, except Wall Street
Everyday you say something is not good,
I agree many like to fear monger for clicks but there are some who warn the masses and a common reaction is to dismiss it. History has shown their were signs but the crash usually surprises and happens suddenly
Not true..Biden and KJP..say we have the Best Economy. Bidenomics..😂😂
Export restrictions for ASML?
Good look on ENPH
haha the bow tie.. love it
Yep... February to June Correction
Kevin please help me understand this contradiction in your outlook. You are bearing on the economy and think a recession induced by AI is around the corner, but you are bearish and sold out on all the companies that facilitate and profit from this AI transition (NVDA TSM etc). Someone has to win correct?
It’s less bad Kevin lol
I can’t tell if this guy is bullish or bearish.
March 2025. 60 days either side of March 15th will likely see the bubble burst.
The question really will be does it retrace to Aug 24 lows or back to April 24 lows. I say 60 days either side of March 15th because we see a lot of crashes in October or March. Trump administration plans will be starting to sink in by then. Economies will have to alter spending and consumption as a result. May be good long term. May be terrible long term. Guess we are all going to find out.
I think there is a small possibility we see the crash before then if people run for the hills with their money and the buying turns into massive selling of equities. I think instead we will see buying slow down and the sell off will only happen after people need to tap those savings. Before that happens the rug pull will happen and the market will drop to trap as many people in their positions as possible for at least a few months.
Personally I'm winding down my major risk positions before year end and then sitting on cash for a few months. I will still have recurring investments going to trickle in, but I think I can sit out for a few months and see what happens post administration change.
Kevin is going to be running for office again. This is his "new" image always wearing the suit and tie. Kevin tell me I'm wrong !
Giving me 007 vibes with the outfit n background n everything n I love it
I think if Kevin keeps saying this is the end long enough year after year eventually he will be right..
Here you go with the "R" word again. Y'all need to get a room.
Its going to be a D not a r...learn to spell
@@GhostRider-dp2tc First of all it's "an r" not "a r". Secondly, "Recession" starts with an R. Anymore dumbass comments?
Can you use debt as money and *NOT* have inflation?