Does The President Actually Control The U.S. Economy?

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  • Опубликовано: 24 дек 2024

Комментарии • 1,2 тыс.

  • @mayito9100
    @mayito9100 Месяц назад +643

    The greatest challenge of this world is knowing enough about a subject to think you are right, but not knowing enough about the subject to know you are wrong…

    • @ScaleScarborough-jq8zx
      @ScaleScarborough-jq8zx Месяц назад +6

      You’re a muppet.

    • @kodak29
      @kodak29 Месяц назад +22

      @@ScaleScarborough-jq8zx Okay, Scale Scarborough

    • @NorthSeaWisdom
      @NorthSeaWisdom Месяц назад +3

      @@mayito9100 true

    • @ScaleScarborough-jq8zx
      @ScaleScarborough-jq8zx Месяц назад +4

      He quoted one of his RUclips messiahs but was too lazy to give them any credit. We need more mindless statements if we want to win big!

    • @followerofchrist3125
      @followerofchrist3125 Месяц назад +6

      ​@@ScaleScarborough-jq8zxI think that was Neil DeGrasse Tyson they were quoting.

  • @albundy7794
    @albundy7794 Месяц назад +777

    Fear not, middle class. Elon Musk for sure has your best interest at heart!

    • @radfordmunz9577
      @radfordmunz9577 Месяц назад

      def not kamala train wreck harris

    • @achraftahir
      @achraftahir Месяц назад +240

      The amount of people who will not recognize this comment as sarcastic is frightening !

    • @Chicago48
      @Chicago48 Месяц назад +28

      I just hope that Somebody with brains does not give Trump the keys to the nuclear bomb case.

    • @m.e.345
      @m.e.345 Месяц назад +49

      I'm looking forward to the trickle-down effect! 🤢

    • @tuluapale
      @tuluapale Месяц назад +10

      LOL

  • @ZednanElle
    @ZednanElle Месяц назад +527

    If you are properly prepared and knowledgeable, every crash/collapse/inflation or recession gives an equal market opportunity. I've seen folks amass up to $800,000 throughout crises and even do it with ease in a terrible economy. Without a doubt, someone has become enormously wealthy as a result of the crash.

    • @ritaakaraz
      @ritaakaraz Месяц назад +2

      There are strate.gies that could be put in place for solid gains regardless of economyor markt condition, but such executions are usually carried out by a fiduciary

    • @BBmbr89
      @BBmbr89 Месяц назад +2

      A lot of folks downplay the role of advisors until being burned by their own emotions. Early last year after my lengthy divorce I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @AniWalt
      @AniWalt Месяц назад +2

      Please can you leave the info of your investment advisor here? I'm in dire need for one.

    • @BBmbr89
      @BBmbr89 Месяц назад +2

      *VICTORIA LOUISA SAYLOR* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @AniWalt
      @AniWalt Месяц назад

      Thank you for sharing, I must say, Jennifer appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled

  • @sirheisenberg4459
    @sirheisenberg4459 Месяц назад +768

    Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of this year. A global recession, defined as a contraction in annual global per capita income, is relatively rare because China and emerging markets typically grow faster than developed economies. Essentially, the world economy is considered to be in recession if economic growth lags behind population growth.

    • @mariahudson9939
      @mariahudson9939 Месяц назад +3

      My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

    • @type-r3x
      @type-r3x Месяц назад +1

      If you do decide to make new purchases, have an exit strategy ready. Consider taking partial profits quickly to lock in some gains. I've been in regular contact with a financial analyst since covid. Investing in popular stocks is now quite straightforward; the issue is determining when to buy and sell. My advisor makes investment and exit decisions for my account, which has risen to more than $500K in less than a year.

    • @SavannahMitchell-b3d
      @SavannahMitchell-b3d Месяц назад +1

      This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

    • @brantheeskimo
      @brantheeskimo Месяц назад +1

      That does make a lot of sense; you appear to understand the market better than we do. This coach is who?

    • @SavannahMitchell-b3d
      @SavannahMitchell-b3d Месяц назад

      REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.

  • @ColoGamerpro
    @ColoGamerpro Месяц назад +213

    I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My wife and I will be retiring in the next two years n another country.
    We are absolutely worried that SSI will no longer be funded. we'll have to rely on pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.

    • @SehunEscobar
      @SehunEscobar Месяц назад

      What country you moving too?!'m headed to Thailand or the Philippines in 4 years.

    • @FradAnner
      @FradAnner Месяц назад

      I know this FA, Stephanie Janis Stiefel but only by her reputation at Neuberger Berman
      ; even though she's now involved in managing portfolios and providing investmnt guidance to clients. I have been trying to get in contact since l watched her interview on WSJ last month.

    • @ColoGamerpro
      @ColoGamerpro Месяц назад

      @@FradAnnerWell her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @JessieeAlmar
      @JessieeAlmar Месяц назад

      The new American Dream is to leave.
      Housing costs, medical costs, and the IRS are three of the big reasons that make it so.

    • @MhadzVai
      @MhadzVai Месяц назад +1

      @@ColoGamerproGreat share! Out of curiosity, I searched Stephanie Janis Stiefel online, found her consulting page ranked at the top, and scheduled a call session. I've read many reviews about advisors, but none seem as impressive as hers.

  • @Tonyrobs2
    @Tonyrobs2 Месяц назад +832

    The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.

    • @viviancarolgioao
      @viviancarolgioao Месяц назад +2

      Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass wealth amid economy crisis, and even pull it off easily in favorable conditions. That should be the least of your concern. Also explore the option of working with a CFA to reduce greatly your chances of loss.

    • @DonaldStokes-p
      @DonaldStokes-p Месяц назад +3

      If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

    • @SeanTalkoff
      @SeanTalkoff Месяц назад +1

      you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

    • @viviancarolgioao
      @viviancarolgioao Месяц назад +2

      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.

    • @PASCALDAB
      @PASCALDAB Месяц назад +1

      How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?

  • @MaximilianFischer497
    @MaximilianFischer497 28 дней назад +782

    Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some cryptos and stocks, I'm contemplating investing more than $300k. Thoughts?

    • @RowanBryson
      @RowanBryson 28 дней назад +3

      It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points

    • @TicheDebb0
      @TicheDebb0 28 дней назад +3

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisor chooses entry and exit orders

    • @AshleySommerset808
      @AshleySommerset808 28 дней назад +3

      Sounds interesting! Please can you leave the info of your lnvestment advisor here? I’m in dire need for one

    • @TicheDebb0
      @TicheDebb0 28 дней назад +4

      My CFA “Diana Casteel Lynch” a renowned figure in her line of work. I recommend researching her credentials further.

    • @MarshalWagner457
      @MarshalWagner457 28 дней назад +3

      I merely Googled her name, and her website up right away. So far, it looks interesting. I sent her an email, and I hope she responds soon. Thanks

  • @kronoz7752
    @kronoz7752 Месяц назад +206

    Where was this video before elections? 😂

    • @paramjitmukherjee5239
      @paramjitmukherjee5239 Месяц назад +12

      Correct 😂😂😂😂

    • @carsonmitchell3468
      @carsonmitchell3468 Месяц назад

      Now that Kamala can’t try and win votes with economic promises 🙃

    • @syxx242
      @syxx242 Месяц назад +26

      people wouldnt believe it anyway

    • @nathansellers3870
      @nathansellers3870 Месяц назад

      I mean one of Obama's rallying cries was "I sent you a check and didn't put my name on it cause I care" and this video is basically saying BS. If people haven't figured out that politicians are still full of it then it's a choice.

    • @botijaism
      @botijaism Месяц назад +7

      There have been videos just like this one playing for a long time now.

  • @tatianastarcic
    @tatianastarcic Месяц назад +707

    The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents.inflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

    • @JaneAnna-j6x
      @JaneAnna-j6x Месяц назад +1

      Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.

    • @jeromesand
      @jeromesand Месяц назад

      Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @JacobsErick-u8r
      @JacobsErick-u8r Месяц назад +1

      I could really use the expertise of this advisors

    • @jeromesand
      @jeromesand Месяц назад

      I've experimented with a few over the past years, but I've stuck with the popularly ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @LUCIASMITH-d1z
      @LUCIASMITH-d1z Месяц назад

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks

  • @Riggsnic_co
    @Riggsnic_co Месяц назад +148

    The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

    • @kevinmarten
      @kevinmarten Месяц назад +5

      Just get a financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but I'm comfortable in my financial environment.

    • @JacquelinePerrira
      @JacquelinePerrira Месяц назад +3

      I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

    • @Jamessmith-12
      @Jamessmith-12 Месяц назад +2

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

    • @JacquelinePerrira
      @JacquelinePerrira Месяц назад +2

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @Jamessmith-12
      @Jamessmith-12 Месяц назад +2

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @edwardliechti3359
    @edwardliechti3359 Месяц назад +50

    Thanks for sending this crucial piece of information after Election Day! Really swayed a lot of people!

    • @ericar.6370
      @ericar.6370 Месяц назад +10

      True, but you know most of them were not watching CNBC.

    • @SCFLEUR
      @SCFLEUR Месяц назад +9

      They weren’t going to listen anyway.

    • @kanchoulabuzu4645
      @kanchoulabuzu4645 Месяц назад

      ​@@ericar.6370 Fox News is their go to news. Why not waiting for them to convince and find any evidence that Trump sure will help the USA economy.

    • @IsaiahMiguel
      @IsaiahMiguel Месяц назад +3

      @@SCFLEURyeah we weren’t listening because it’s the same propaganda y’all been spewing out the last four years
      First the economy is good
      Then y’all say it’s bad and Kamala will fix it
      Then y’all say printing money doesn’t cause inflation
      Then y’all finally admit the economy is bad and Trump will make it worse
      😂😂 Y’all flip flop more than kamala

    • @bfreezy7
      @bfreezy7 Месяц назад +5

      I don’t think it would have mattered. It seems the people who most need information like this don’t seek it out or think they already know the answer

  • @penguin32383
    @penguin32383 Месяц назад +63

    Americans don't want the president to be a monarch, but we want them to have unlimited power to fix all of our problems immediately.

    • @austriasalzburg
      @austriasalzburg Месяц назад +16

      Americans want small government, no taxes and a president that fixes all problems.

    • @doujinflip
      @doujinflip Месяц назад

      Americans believe they can receive world class public services with no payment of taxes nor appreciation of the the work involved.

    • @lonewitness
      @lonewitness Месяц назад +1

      Heretics!

    • @nuqmanmursyid569
      @nuqmanmursyid569 Месяц назад +7

      @@austriasalzburg They don't want government overreach, but they also want the government to fix all the problems. They really love to contradict themselves.

    • @0fficialdregs
      @0fficialdregs Месяц назад +3

      @@nuqmanmursyid569 lol as an American, I solely want the government to worry about public works and utilities. leave everything else to the public or private sector depending on the importance. so no, we're not all contradicting but i love the idiotic generalization

  • @dimaatik
    @dimaatik Месяц назад +315

    "There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that my ignorance is just as good as your knowledge."

    • @fishdeeck71
      @fishdeeck71 Месяц назад +2

      My man, Professor Dave Explains

    • @dimaatik
      @dimaatik Месяц назад

      @ so stupid is the new knowledge right?

    • @cu7695
      @cu7695 Месяц назад +13

      @dimaatik Your comment sounds so elitist and egotistical. Democracy is an equalizer. Ignorance doesn't equal to knowledge but remember people have different skills. What makes your knowledge better than the knowledge of others ?

    • @dimaatik
      @dimaatik Месяц назад +37

      @@cu7695 it’s facts and you sound like an anti intellectual

    • @reesesj4709
      @reesesj4709 Месяц назад +11

      ​@@cu7695 It's also a quote, so he's not the one to be bringing this concern up to

  • @jgroovy1973
    @jgroovy1973 Месяц назад +4

    CNBC, You're doing this report NOW??
    For YEARS I've been complaining, "Why don't the media talk about how the Presidency ACTUALLY does and does not influence the economy?? Why won't they show CHARTS AND GRAPHS?"
    NOW???? REALLY???

  • @clarkstephen7861
    @clarkstephen7861 Месяц назад +418

    The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

    • @RoseGuerra7862
      @RoseGuerra7862 Месяц назад +1

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @martinheaway
      @martinheaway Месяц назад

      Exactly. I’ve entrusted my day-to-day investing to an advisor since experiencing a significant downturn in late 2019, just before the pandemic hit. Now, I’m semi-retired and only 25% shy of reaching my $1 million retirement goal, thanks to my subsequent investments.

    • @JaneClark7861
      @JaneClark7861 Месяц назад

      That does make a lot of sense; you appear to understand the market better than we do. This coach is who?

    • @martinheaway
      @martinheaway Месяц назад +3

      Finding financial advisors like ''Amy Desiree Irish'' who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @JaneClark7861
      @JaneClark7861 Месяц назад +2

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @Aorus7
    @Aorus7 Месяц назад +160

    "America is the land of opportunity where any fool can become a president"
    - Some random dialogue from GTA 4

    • @JamarD421
      @JamarD421 Месяц назад +4

      Ah, Francis McReary, GTA IV. Thanks for taking me back in time there. That's not exactly what he said but your point still stands tall!

    • @loveforthegame3
      @loveforthegame3 Месяц назад

      @@Aorus7 Proven facts, Especially the demented chomo joto biden

    • @thedoog0106
      @thedoog0106 Месяц назад

      Since you a foo, maybe you should run

  • @FirstnationalBank-om4qc
    @FirstnationalBank-om4qc Месяц назад +102

    I Hit 210k today thanks you for all the knowledge and nuggets you had thrown my way over the last months. Started last months 2024. Financial education is indeed required for more than 70%of the society in the country as very few literate on the subject. Thanks to Mrs Sophia for helping me achieve this

    • @salah.3034
      @salah.3034 Месяц назад

      I just received my profit this morning $89k stock portfolio 🇨🇦

    • @salah.3034
      @salah.3034 Месяц назад

      Sophia my life savior

    • @gabrielada
      @gabrielada Месяц назад

      Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K....
      I've invested no time and also with the right terms, now I have time for my family and life ahead of me.

    • @CapitecBank-nh8ve
      @CapitecBank-nh8ve Месяц назад

      It's a Miracle and I will testify of 170K
      bucks every month end. I now have a new Car and can now pay my bills and also support God's work in the church.

    • @Michaeltigeajoeloyfc
      @Michaeltigeajoeloyfc Месяц назад

      It is really refreshing to see a comment about Sophia I have worked with her also. her approach consistently keeps you ahead of the trend, She's the best i'll say..

  • @Mrdoodguy
    @Mrdoodguy Месяц назад +465

    This is like the dentist telling you to brush after all the teeth fell out

  • @AKAAAK
    @AKAAAK Месяц назад +51

    Presidents have no power to directly lower prices. They need to implement policies, and again, that has to go through congress. Can't just flip a light switch to make change.

    • @ArielMartinezTorres
      @ArielMartinezTorres Месяц назад +3

      The same with the abortion

    • @NorthSeaWisdom
      @NorthSeaWisdom Месяц назад +1

      Exactly

    • @AKAAAK
      @AKAAAK Месяц назад +10

      @MyDadWasALifeguard Love when presidents tell their voters how much "change" they will do, and they gobble it up like cherry pie.

    • @NorthSeaWisdom
      @NorthSeaWisdom Месяц назад +8

      @ yes..but that’s what voters want to hear…American voters are in the weeds about how to solve or what solutions will solve their problems…that is a voter problem. You need to understand what is going on..they need to be active participants in own rescue.

    • @AKAAAK
      @AKAAAK Месяц назад

      @@NorthSeaWisdom 100% 🎯. Lots of misguided voters

  • @BP-1988
    @BP-1988 Месяц назад +258

    I just can't wait to pay even more for goods and services because of Trump's proposed tariffs.

    • @jaehparrk
      @jaehparrk Месяц назад +12

      american goods dont have tariffs

    • @BP-1988
      @BP-1988 Месяц назад +104

      @@jaehparrk So everything you buy is made in America?

    • @rc8929
      @rc8929 Месяц назад +50

      @@jaehparrkplease. Do an inventory of everything you use/bought that is 100% American made (don’t forget the raw materials)

    • @jaehparrk
      @jaehparrk Месяц назад +1

      ​@@BP-1988 finished products yes. in supplier side if other country is specialized in making it n selling to us at fair price ok we can remove tariff there

    • @santostv.
      @santostv. Месяц назад +12

      Remember the importer pays the tariff

  • @johncross-ru8th
    @johncross-ru8th Месяц назад +146

    American economy is humming along there's no problem with economy. We have a problem on how wealth is distributed in this country. Middle class is shrinking.

    • @mrm7058
      @mrm7058 Месяц назад +27

      Just saw an interview where this was pointed out. When economist/experts talk about economy they are talking about the GDP, and how well cooperations are doing. When voters talk about economy they actually mean their own standard of living. Two very different things.

    • @eplugplay8409
      @eplugplay8409 Месяц назад +4

      Nothing wrong with wealth distribution as that doesn’t exist in a capitalistic society and you’re talking more about socialism and communism. Your solution is scary talking about solving socialism communism with more socialism communism. People earn what they make people go from being poor to rich and rich to poor all the time in the United States. No other country has this kind of opportunity.

    • @lightmonkey1520
      @lightmonkey1520 Месяц назад +25

      @@eplugplay8409 I believe what OP is saying is that while the U.S. economy has seen significant growth, much of the benefits have been concentrated among the ultra-wealthy and large corporations. This creates a disparity where economic gains don’t translate into broad-based development, which is a core aim of economic progress. Economic development should mean tangible improvements in the quality of life for the general population - not just growth in GDP or corporate profits.
      This isn’t about promoting socialism or redistributing wealth for its own sake; it’s about ensuring that economic growth translates into better living standards for ordinary people. For instance, despite being the largest economy globally, the U.S. still lags behind in key areas like high-speed rail, affordable (if not free) healthcare, and other critical infrastructure. These are not socialist ideals - they are indicators of a developed economy that is working for everyone. In a country with such wealth, it’s reasonable to expect that economic success would benefit the majority, not just the top tier, which is currently the case and has been

    • @mosijahi3096
      @mosijahi3096 Месяц назад +5

      @@eplugplay8409 Why do companies receive substantial tax breaks, while the wealthy pay minimal taxes, and corporations receive federal bailouts?

    • @bwofficial1776
      @bwofficial1776 Месяц назад

      @@mosijahi3096 Companies receive tax breaks to incentivize them to grow. The wealthy use the tax code as written. The top 1% of earners contribute 50% of US tax revenue while the bottom 50% collectively pay $0.

  • @Grace.h-t8o
    @Grace.h-t8o Месяц назад +634

    the president lack the exposure to tackle the economic situation of this country. Trump is more open minded to trying out new things. At this point I don't know who will win. Am I better off re-investing into Gold as it seems stocks are a little too unstable right now?

    • @Theodorebarba
      @Theodorebarba Месяц назад +4

      Diversify… T bills, CDs, Gold, dividend stocks, Municipal bonds, Bitcoin, Real estate, etc assets speak when cash has no value

    • @berniceburgos-
      @berniceburgos- Месяц назад +3

      This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

    • @Kin-28-8
      @Kin-28-8 Месяц назад +3

      Market behavior can be complex and unpredictable. Mind if I ask you to recommend this person whom you have used their services?

    • @berniceburgos-
      @berniceburgos- Месяц назад +1

      Stacy Lynn Staples is the licensed advisor I use and I’m just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

    • @BridgetMiller-
      @BridgetMiller- Месяц назад +2

      Searched the web and saw her page and accreditations, someone with great experience I must say, thanks!

  • @egx161
    @egx161 Месяц назад +151

    What will they say when their cult leader doesn’t do anything for them.

    • @gk_zone4274
      @gk_zone4274 Месяц назад

      They'll say that it was Biden's fault, of course... or the government. Oh wait, the president is part of that too! 🤦🏿

    • @albundy7794
      @albundy7794 Месяц назад

      They will say Nancy Pelosi stopped him.

    • @elgringoconsabor
      @elgringoconsabor Месяц назад +84

      It will still be someone else’s fault.

    • @sweetsweet4390
      @sweetsweet4390 Месяц назад

      They'll blame immigrants and democrats like they've been doing. Weak dollar? Must be the Haitians eating dogs again!

    • @user-yz3uz4ny8j
      @user-yz3uz4ny8j Месяц назад +12

      What did you cult leader did for you in the last 4 years? Here's some tissue

  • @barrosbarros270
    @barrosbarros270 Месяц назад +176

    Should've posted this yesterday. The idiots went out and voted already

    • @LordVader5738
      @LordVader5738 Месяц назад +3

      😂😂😂

    • @theresistance3818
      @theresistance3818 Месяц назад +2

      FR

    • @rasheedh7043
      @rasheedh7043 Месяц назад +13

      Still crying ?? 😂😂😂

    • @LordVader5738
      @LordVader5738 Месяц назад +11

      @@rasheedh7043 I love how Biden called us garbage, and now this guy called us idiots 😂 keep calling us insulting names, we will vote red until the day we die

    • @rasheedh7043
      @rasheedh7043 Месяц назад +6

      @@LordVader5738 Exactly 🤣

  • @JPBuffet
    @JPBuffet Месяц назад +33

    It would have been useful for this narrative to actually be taught. People think the president is an absolute monarch.
    They are that way, only by the power of the other two branches, which honestly, might not be far fetched after yesterday’s election.

    • @CVanElektronisk
      @CVanElektronisk Месяц назад +4

      I learned about this in high school when I took AP Macroeconomics. Sich a shame this wasn't taught as a regular economics class

    • @Kiwibirdman1701
      @Kiwibirdman1701 Месяц назад +2

      and the Supreme court

    • @JPBuffet
      @JPBuffet Месяц назад +2

      @@CVanElektronisk I think it is something that has to be explained again and again. Most students in regular classes aren’t really letting it sink in anyway imo.

    • @kendoman3150
      @kendoman3150 Месяц назад

      Even an absolute monarch or dictator can’t control the economy the way he wants without causing other problems.

  • @Danpron109
    @Danpron109 Месяц назад +738

    AI stocks are set to dominate in 2024, but I also see potential in Bitcoin as a rising investment. While my preference leans toward NVIDIA, given its strong position to support long-term growth and its role as a critical platform for AI companies, Bitcoin’s continued adoption and resilience make it a compelling option as well. I know someone who has made over 200% from NVIDIA, which reinforces my confidence in it. I'll also consider the other recommendations you shared!

    • @gracegomez109
      @gracegomez109 Месяц назад

      I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.

    • @kigletmary56
      @kigletmary56 Месяц назад

      Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advisor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @Joe.457
      @Joe.457 Месяц назад

      how can I get your advisor please, if you don't mind me asking? I could really use a help as of now.

    • @kigletmary56
      @kigletmary56 Месяц назад

      Her name is 'Kenia Giordani Borges’ Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @Joe.457
      @Joe.457 Месяц назад

      Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.

  • @jonathannufio1477
    @jonathannufio1477 Месяц назад +51

    If only more people, especially Trump supporters, knew how the economy actually worked...

    • @carsonmitchell3468
      @carsonmitchell3468 Месяц назад

      Kamala made those same promises…she lost so now they will give us a video on how they can’t in reality. We would not be seeing this video if Kamala won. This is why I’m in the independent party

    • @nathansellers3870
      @nathansellers3870 Месяц назад

      I mean one of Obama's rallying cries was "I sent you a check and didn't put my name on it cause I care" and this video is basically saying BS. Unfortunately, Americans care more about their lifestyles and will bet on anyone that they feel can improve it, even if it's immoral. We proved the rest of the world right about us.

    • @Peterson1451
      @Peterson1451 Месяц назад +2

      Right because Dems are so smart……

    • @RahimmacDonald
      @RahimmacDonald 25 дней назад +1

      If only they knew the president wasn’t a monarch you mean? 🤨

    • @Peterson1451
      @Peterson1451 25 дней назад

      @@jonathannufio1477 imagine wanting Harris instead 💀

  • @wildbillie7930
    @wildbillie7930 Месяц назад +68

    If only people understood these concepts the elections would be totally different. Everyone talks about a presidency based on the economy during their term. Timing and luck of the draw of what is going on in the world is has far more impact. People believe what makes them feel better rather than look at the full picture. I barely understand economics but I do see this. But hey I would love it if someone could just take control and fix the economy, Godspeed!

    • @LordVader5738
      @LordVader5738 Месяц назад

      You’re correct; luck has a factor to play in it. The economy was great under Trump BEFORE covid. Covid showed up and ruined it all. Because of it Democrats have been saying bad economy was Trump’s fault. Well, today that lie has kicked them in the ass 😂

    • @rspen2142
      @rspen2142 Месяц назад +2

      Your comment is so true.

    • @lvjungle2840
      @lvjungle2840 Месяц назад +3

      I been saying this. People blame Biden for higher price but guess what? Majority of the countries have same issue right now😂😂😂 pathetic to people blaming the president. If economy goes bad they switch to other parties 🎊

  • @josephmedina6403
    @josephmedina6403 Месяц назад +119

    I still want trump to explain how his tarriff taxes will be good and Kamalas will be bad !
    He never explained the whole interview

    • @SirEvilestDeath
      @SirEvilestDeath Месяц назад +42

      The prices of shipped items will raise for the common people so large businesses make even more money. That’s how it helps. It helps those on top already not the common people. It was never for those lowly slaves. They simply left out the part where those buying goods get screwed and made it sound like they wouldn’t.

    • @jsm2687
      @jsm2687 Месяц назад +7

      @@ZeusAVI so higher prices of goods but more jobs locally?

    • @pryius6216
      @pryius6216 Месяц назад +25

      @@ZeusAVI Do you really think manufacturing jobs are the future of this country? AI and Automation are going to replace manpower jobs. We aren't there completely yet, but that is the direction we are moving. Technology jobs are the future, but unfortunately too many people don't have the brainpower to be able to handle that type of work. So are we supposed to stunt our technological growth so dumb people can have jobs? It's not like those jobs are going to be minimum wage. They all want $30/hr. How is that supposed to reduce the cost of our goods exactly?

    • @stevenlarson3316
      @stevenlarson3316 Месяц назад +14

      @@ZeusAVI It's not that simple.
      Poor people pay a disproportionate percentage of their income on goods, many of which are manufactured overseas and then sold by American companies. Tariffs are a tax, but they are not a progressive tax. Meaning poor people pay more into it as a percentage of their income than middle class and rich people.
      Needless to say, this is really bad, especially since Trump has said he wants to cut taxes and raise tariffs. This can lead to poor people shouldering a much larger percentage of the tax burden in the U.S.

    • @lajhoncampbell8051
      @lajhoncampbell8051 Месяц назад

      ​@@jsm2687 Exactly. However, if prices of those goods start going back up again, i.e. inflation, then the FED which is not controlled by the executive branch, i.e., the president, will either keep interest rates where they are (which is still fairly high) or send them back up which will still not be good in the short term for the 'little man' especially when you combine that with Trump's ideas for deportation.
      Let's take something simple that Americans love: avocados. Now, only a small number of avocados come from within the homeland, about 10%. The other 90% come from Mexico. Now, a pound of avocados cost about $2. Now Trump imposes a 10% tariff on avocados. Now, the pound of avocados cost $2.20 because companies don't want to lose profits they pass the cost along to you to consumer either at the grocery store or through an increased price for the addition of avocados at your preferred eating establishment.
      Of course, you say to yourself, no problem, America can simply make more avocados. Alright, that requires a bunch of conditions to be satisfied but the one focus on is the fact that you will need more physical labor, however, oh no, ICE just came and detained Javier so now you need to replace Javiee and still add one more person. Issue is that Javier did the job for $7.50/hr, under the table and the two new Americans who you hired want $15/hr to do the same work.
      So one of two things will happen. Either A) You don't make more avocados, the tariff gets concreting as a permanent price increase or B) you do make more avocados but because you had to pay your new workers more, you have to pass on the cost to the consumer to make up for the increased salaries you have to pay.
      Now the idea is that eventually the Americans become more efficient in making avocados which eventually bring the prices down but it's a slow burn (months to year for it to actually happen, if it happens at all)

  • @Felix-op1rw
    @Felix-op1rw Месяц назад +6

    Presidents cannot change (global) circumstances but they can do better or worse under these circumstances. Biden did really well under these. Massivly outperformed all other G7 countries and even exceeded projections from economist. While most economies around the world struggled after covid the us economy even exceeded pre covid expectation. Sadly all his progress and succesful policies will get revoked.

  • @master_Wizard
    @master_Wizard Месяц назад +315

    The guy is bankrupt but hes gonna fix the economy this is too funny 🤣

    • @LiabilityDiscourse
      @LiabilityDiscourse Месяц назад +5

      Coward

    • @eplugplay8409
      @eplugplay8409 Месяц назад +28

      He’s not bankrupt like you bro

    • @marylove909
      @marylove909 Месяц назад

      Right! How many businesses has he run into the ground? The only thing he's ever been successful at is leasing out the rights to use his name. He sold a silver coin with 30.00 worth of silver in it for 70 bucks, and people think he'll fix inflation

    • @User-mncbjlfjrebxkl
      @User-mncbjlfjrebxkl Месяц назад +16

      @@LiabilityDiscourse Harris didn't even address the supporters...

    • @user-yz3uz4ny8j
      @user-yz3uz4ny8j Месяц назад

      Can you be bankrupt 6 times and be a millionaire again? Kamala just left her supporters hanging after know she will loose. If Trump can lower the cost of things and put more money in people pocket then people will start to spend more and so that will help business and that will help the economy. Just some simple basic commons sense stuff. Here's some tissue btw.

  • @Drunken_Master
    @Drunken_Master Месяц назад +135

    How can a man who bankrupted himself on several occasions can fix the economy of an entire nation?

    • @jaehparrk
      @jaehparrk Месяц назад +12

      because he learned valuable lessons to never repeat the mistakes

    • @Paulgeorgiyev
      @Paulgeorgiyev Месяц назад +7

      he never actually got personally bankrupt. It was chapter 13 bankruptcy, which is a strategic business move. look into it.

    • @NowAndToEternity
      @NowAndToEternity Месяц назад

      did you live through 2016-2020 compare to 2020-2024? Or are you one of the Hollywood elites, Diddy's party goers that werent affected by the last four years like the rest of the normal people. You dont need to ask how, just look at the actual real life results from the 2 periods. No bias opinion needed.

    • @Drunken_Master
      @Drunken_Master Месяц назад +37

      @Paulgeorgiyev Tnx, that's very reassuring, I guess his next strategic business move will be chapter 13 bankruptcy for the Federal Reserves?

    • @i_like_beer-o2f
      @i_like_beer-o2f Месяц назад

      His plans to raise tariffs and deport our workforce will cause a recession, yet people still voted for him because of "the economy"

  • @JamesKjones-n7r
    @JamesKjones-n7r Месяц назад +62

    Rocking those NVDA, PALANTIR, TSLA, and APPL shares! Holding onto them for the long haul sounds good, but hey, I'm all up fort grabbing those short-term chances too, aiming for that sweet $400,000!

    • @KarenJ.Mancia
      @KarenJ.Mancia Месяц назад

      Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through

    • @heatherj-o5j
      @heatherj-o5j Месяц назад

      Exactly. I’ve entrusted my day-to-day investing to an advisor since experiencing a significant downturn in late 2019, just before the pandemic hit. Now, I’m semi-retired and only 25% shy of reaching my $1 million retirement goal, thanks to my subsequent investments.

    • @KimberlyO.Kitchens
      @KimberlyO.Kitchens Месяц назад

      once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..

    • @heatherj-o5j
      @heatherj-o5j Месяц назад

      Finding financial advisors like Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @CharlesT.Foster
      @CharlesT.Foster Месяц назад

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @Retr0racin
    @Retr0racin Месяц назад +95

    I'm in my sixties and have never seen the prices of things go down only up. Trump does not have Obama's coat tails to ride this time. Hang on tight folks.

    • @Modine.
      @Modine. Месяц назад +6

      Thank god Trump isn't gonna ride Obama's coat tails, otherwise we'd be in another recession!

    • @rspen2142
      @rspen2142 Месяц назад +11

      Love this comment here!! I'm in my forties and I have never seen prices go down either.

    • @c.eb.1216
      @c.eb.1216 Месяц назад +3

      Gas went down for awhile

    • @Retr0racin
      @Retr0racin Месяц назад +11

      @c.eb.1216 gas goes up and down but usually up in the long run, I started driving in 75 and could fill my tank with ten bucks.

    • @Retr0racin
      @Retr0racin Месяц назад +18

      @@Modine. Trump had a great economy to work with in 16 that's not the case today. He failed us when COVID hit the world. Our country has had a much better recovery than most. I have faith in his experience at bankrupting everything he does will be good for our country.

  • @ppckrtt
    @ppckrtt Месяц назад +4

    Control? No. Influence? Yes. Brag about? Absolutely!

  • @UcheOgbiti
    @UcheOgbiti Месяц назад +2

    These are supposed to be the most vital topics in schools

  • @michaelayeni177
    @michaelayeni177 Месяц назад +46

    Elons stocks went up by billions. He is the best investor. 100M in donations = Billions in profit.
    Thank you Trumpers for elons win! He couldn't have done it without you guys!

    • @bwofficial1776
      @bwofficial1776 Месяц назад +3

      You're welcome.

    • @therealbuba
      @therealbuba Месяц назад

      Maybe if you stopped looking into other people’s pockets, you’d have some time to improve your mood lol

    • @michaelayeni177
      @michaelayeni177 Месяц назад +2

      @@therealbuba I'm a Christian. Jesus only improves my mood.

  • @WestonScally7614
    @WestonScally7614 Месяц назад +397

    I'm ecstatic with Trump's win and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with 150 grand right now? My goal is to position myself for a prosperous Q1 in 2025.

    • @SaintYvess
      @SaintYvess Месяц назад +5

      Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan.

    • @FelineAirstrip
      @FelineAirstrip Месяц назад +5

      Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10%
      Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.

    • @sting_grayl
      @sting_grayl Месяц назад +4

      "DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% SCHG, 25% SCHD, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.

    • @EthanMaloney-qp4lh
      @EthanMaloney-qp4lh Месяц назад +4

      Could you share how I can reach out to them?

    • @sting_grayl
      @sting_grayl Месяц назад +3

      Victoria Louisa Saylor is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

  • @stephanieviolette593
    @stephanieviolette593 Месяц назад +6

    What I learned from this segment is how important it is to educate the public. How can this be done on a mass scale when the media plays a role in keeping the masses from really understanding how government works? Editorials in local newspapers? Getting local news stations to do educational segments for the public good? Ideas, anyone?

    • @lup1up
      @lup1up Месяц назад +1

      I was thinking about this too because the video isn't really telling the educated person anything new. Good reinforcement, sure.
      I was wondering why Biden (or any given incumbent president) doesn't, for the sake of their own political success and survival, leverage the DoEducation to do mass educational series on economics, the real $$ impact of their policies/ExecOrders/signed bills, AND (most importantly) the time-to-impact. Because the educated will know there's always a delay/lag factor in these things. And that it's much less significant than they make it seem, which still doesn't mean it's pointless to show the proof in their claims.
      That's why I really despise when politicians say "look, economy good. That me. Oh, economy bad, that orange man (or old geezer...idk, pick ur team unfortunately)." It's not like a Pres can sign a bill and the economy is instantly boosted. And like the vid explains, they're a tiny (just less tiny than us) speck in the galaxy that is our global economy. Their claims are dataless, and they never talk about details of impact. That's what we need.
      If you don't treat us dumb, we won't continue to be dumb (as a population/group). We would take complicated reports and debate them. The unlearned would be forced to learn to keep up. We would educate ourselves! The internet is at our fingertips these days...Instead they wanna keep playing red vs blue, good vs evil like it's flippin star wars or lord of the rings out here - but it's not. It's ridiculous and demoralizing...
      Sorry for the rant

    • @stephanieviolette593
      @stephanieviolette593 Месяц назад

      @ All good points…how do those that feel this way get these ideas to the DNC for 2026 elections? Hopefully someone/others out there can share how best to offer suggestions and getting them to the right people to implement? I suppose if enough people from every state/district contacted their democratic offices ( it would need to be organized so it happened at the same time nationwide), it may make them look at voter education more seriously. Any education would need to be created at an 8th grade level; that unfortunately is the grade level for our general public. I work with hospice and we use those parameters for our demographic. So much work to do!

    • @nuqmanmursyid569
      @nuqmanmursyid569 Месяц назад +1

      @@lup1up It's ok, buddy. Keep it up. Everything you said should resonate with everybody who still has a brain. We absolutely need this kind of ranting, because, honestly the anti-intellectualism has become too much these days. No matter how much we try to educate the people, they still want to stay dumb. It's infuriating, to say the least.

    • @lup1up
      @lup1up Месяц назад

      @@nuqmanmursyid569 Much appreciated, stranger. Well wishes!

  • @TheMrFiredragonheart
    @TheMrFiredragonheart Месяц назад +6

    Anyone who thinks that the president controls the economy, gas prices, or grocery prices need to go back to high school. If that was true, why don't they keep all prices low year round?

    • @Livin-In-a-Box
      @Livin-In-a-Box Месяц назад

      The Fed went from 0% rates and a towering balance sheet (massive liquidity injection) to then quickly raising raising rates over 5.5% all in about 16 months. Such pro-cyclical policy during an economic downturn can only go one way: Greater economic disparity. Now they will take 3 years to reach a nominal rate...pretty much guaranteed stagflation. They should never have ran 0% QE. I could go on and on about this crap. This billionaires wet dream, this average joe nightmare. It's like a Fritz Lang movie but louder.

  • @MNP-TJK10
    @MNP-TJK10 Месяц назад +28

    Posting this video before the election and during would have been more informative for people who are not aware, no? Where’s CNBC journalists responsibility?

    • @mosijahi3096
      @mosijahi3096 Месяц назад +12

      I concur; it appears to me that this serves as an illustration of the media’s preference for sensationalism over genuine education.

    • @dejus_e
      @dejus_e Месяц назад

      Men in cults do not change their minds suddenly, they disbelieve because they heard fact second.

    • @austriasalzburg
      @austriasalzburg Месяц назад +2

      Exactly! They should have talked about that before the election!!!

    • @AChillin01R
      @AChillin01R Месяц назад +3

      I would have agree with this 100%. This is something that should have been told all over the news.

    • @whatleft123
      @whatleft123 Месяц назад

      They are lowering your expectations. They wanted trump to win, they just don't want him blamed for the coming disaster.

  • @hermeskino711
    @hermeskino711 Месяц назад +58

    To the rich Republicans, congrats! You got richer 👏🎊
    To the poor Republicans, congrats! You got poorer🫵😂
    To the one's who voted blue, I 🙏 for you and wish you the best
    P.S. voted for 🐫

    • @rubickr
      @rubickr Месяц назад

      cry a little more hahaha. Love seeing liberal tears everywhere

    • @wamangamark2063
      @wamangamark2063 Месяц назад +5

      Harris would make everyone poor😂

    • @dasgerbil5189
      @dasgerbil5189 Месяц назад

      To the people who cannot vote in this farcas, gratz. You can have entertainment again watching how a country run by a clown again😂

    • @KleinnerMann
      @KleinnerMann Месяц назад

      ​@@wamangamark2063Explain

    • @Peterson1451
      @Peterson1451 Месяц назад

      Majority of rich spoke voted democrat……

  • @DeeBrow
    @DeeBrow Месяц назад +19

    Trump’s not claiming the election is rigged. Interesting

  • @nunyabizniss4115
    @nunyabizniss4115 Месяц назад +38

    Who better to fix it than someone claimed bankruptcy six times.... The movie Idiocracy is now our reality.

    • @bwofficial1776
      @bwofficial1776 Месяц назад +2

      Sounds good to me. He was able to play the tax code as written and remains a billionaire with properties all over the world. It was a smart move.

    • @Sinaeb
      @Sinaeb Месяц назад +2

      @@bwofficial1776 he did not in fact remain a billionaire, he is in fact billions in the hole and literally only getting loans from a german bank who's only fund is russia

    • @_synyster_9442
      @_synyster_9442 Месяц назад +1

      How many billions have you made??? Yeah I’ll wait….

    • @rabbitblitzsgames6865
      @rabbitblitzsgames6865 Месяц назад

      ​@@_synyster_9442yea and while they are answering tell me again how many billions you've made. did you bankrupt so hard during a campaign that you solicited all of your deadite followers to give you massive droves of money because not only can they not think for themselves but they believe that he will actively help the working man and woman. GL with that thought.

    • @_synyster_9442
      @_synyster_9442 Месяц назад

      obviously non, I’m part of the working class, I’m not claiming or bashing on someone who has made billion like other have been.
      I guess we’ll find out won’t we.. I rather have trump as our next president than Kamala who seems to find everything hilarious for some reason, inviting illegals and housing them for free while you and I keep struggling day to day. Your feelings weren’t taken into consideration this election, our wallets and our future kid’s protection from the 🏳️‍🌈 agenda were.

  • @MagdaleneM-f3q
    @MagdaleneM-f3q Месяц назад +305

    With around £120k invested in tech/TSLA stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

    • @PajinakStanovska
      @PajinakStanovska Месяц назад

      Prioritize two goals: strategically sell stocks to limit losses and maximize gains, and be prepared to capitalize on market shifts. Consult a financial advisor or professional for personalized guidance.

    • @MablePauls
      @MablePauls Месяц назад

      Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.

    • @MablePauls
      @MablePauls Месяц назад

      "Julianne Iwersen Niemann" a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

  • @transplant-f3p
    @transplant-f3p Месяц назад +6

    When I took a Economics course the professor said an economy was very unpredictable. He also said it seem to have a mind of its own. Attempts to make the economy do one cause can cause the opposite thing to happen.

  • @ThomasFromTN
    @ThomasFromTN Месяц назад +3

    One comment that was articulated in this narrative is spot on accurate. For better or for worse presidents often inherit preceding economies. The most Stark example of this was the economy inherited by Hoover...

  • @chrisaycock5965
    @chrisaycock5965 Месяц назад +8

    Tariffs are going to be ugly we tried this decades ago and it didn't end well the idea that manufacturing will happen here is laughable. People expect high wages and benefits and people don't like paying high prices for goods. America was built on cheap labor and goods if you're cutting taxes on top of that you're going to propel inflation. I just hope we don't wind up like Venezuela.

    • @sugar2943
      @sugar2943 Месяц назад +2

      We going to paying $50 for a pack of underwear and $40 for socks

    • @AChillin01R
      @AChillin01R Месяц назад

      America will never become Venezula cause the US ecomony is mostly services not manufacturing. Venezuela became what it is now cause of very bad leadership that wanted FULL CONTROL and their biggest asset OIL was managed badly. But that is all they really have is OIL.

    • @doujinflip
      @doujinflip Месяц назад

      Those at least you can wash and wear again. What’s not so reusable will be stuff like beef pushing past $15/lb because of the few food processing conglomorates lacking cheap migrant workers at the meatpacking plants.

  • @FerIsella
    @FerIsella Месяц назад

    great report

  • @angiepatterson6338
    @angiepatterson6338 Месяц назад +10

    Frankly I’m more concerned with his control of the justice system.

    • @paramjitmukherjee5239
      @paramjitmukherjee5239 Месяц назад +1

      Exactly 😢

    • @doujinflip
      @doujinflip Месяц назад +1

      I feel like we’re bound for another FDR, who has to fix another corporatist-driven Depression but is hamstrung by the traditionalist activist judges appointed by predecessors.

  • @tombeegeeeye5765
    @tombeegeeeye5765 Месяц назад +2

    Let's see Deregulation by Republican politicians did cause the last two serious recessions. So I would say yes. Other GOP incompetence caused undo suffering during the covid outbreath, another story.

  • @porcelainpanelpro
    @porcelainpanelpro Месяц назад +18

    Could’ve posted this about 4 months ago.

    • @gk_zone4274
      @gk_zone4274 Месяц назад +2

      It wouldn't matter. Most would think of it as fake news or at least be skeptical about it.

    • @roro-v3z
      @roro-v3z Месяц назад

      It is CNBC it's obvious ​@@gk_zone4274

  • @Rell-z9k
    @Rell-z9k Месяц назад +15

    Im going to laugh so hard with Trump supporters start crying because prices are still high

    • @AChillin01R
      @AChillin01R Месяц назад +3

      Yeah exactly. Unless there is a depression prices will not go down. Also OPEC decided to not increase oil production again. Gas prices will go back up. lol

    • @fjorge4014
      @fjorge4014 Месяц назад

      Oh those MFers will. They will be the first to complain.

    • @Livin-In-a-Box
      @Livin-In-a-Box Месяц назад

      You can't get prices back down. The Fed raised rates faster than they should have to create entrenched inflation. Anybody who knows anything about credit cycles knows this was all done in order to raise the asset prices for the rich. Everybody just got poorer and the rich got richer than ever; While the world drowned in economic downturn, the worlds first Trillionaire was born.

  • @grobble8954
    @grobble8954 Месяц назад +19

    All the people whining about the economy, which is actually good you're about to see 8 or 10% inflation. The 10 yr is spiking, which means mortgage rates will continue their rise, they already spiked 1 % since the fed cut b/c they were pricing in Trump inflation policies of tariffs, mass deportation(lack of labor, so higher labor rates), etc... 30 yr mortgage are headed to over 8%, already over 7%

    • @i_like_beer-o2f
      @i_like_beer-o2f Месяц назад +4

      Yeah it's pretty insane the lack of perspective people have. Our economy is the best in the world, we have it very good even though it's difficult to afford a house. But people are never happy or satisfied unfortunately.

    • @rrutter81
      @rrutter81 Месяц назад

      This post missed the entire point of the video. I find that both Ds and Rs are misguided about the economy. Ds being pessimistic about the other side and Rs being optimistic about their side. Its quite interesting to watch.

  • @sarawilliam696
    @sarawilliam696 Месяц назад +5

    Considering the shaky economy, I'm keen to know best, how people split their pay, how much of it goes into savings, spendings or investments. I’d be retiring/working much less in 5 years, and sometimes earn up to $160K per year, but nothing to show for it yet.

    • @carssimplified2195
      @carssimplified2195 Месяц назад +3

      thats personal, you should connect with an advisor for proper financial/investment planning, never can tell what the future holds

    • @brucemichelle5689.
      @brucemichelle5689. Месяц назад +2

      I concur to financial planning. I'm quite lucky exposed to finance at an early age, started job at 19, purchased first home at 28, got laid-off work at 36 just after the rona-outbreak in 2020, going forward, immediately hired an advisor to keep my head above water, and in return, I'm only 25% short of $1m after subsequent investments to date.

    • @KaurKhangura
      @KaurKhangura Месяц назад

      Impressive can you share more info?

    • @brucemichelle5689.
      @brucemichelle5689. Месяц назад

      ‘’Aileen Gertrude Tippy’’ a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @KaurKhangura
      @KaurKhangura Месяц назад

      Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

  • @bonniegaither3994
    @bonniegaither3994 Месяц назад +5

    It’s gonna affect the economy by millions of people losing their jobs. Starting with the government and trickling down from there.

  • @FlorentinoAnthonyContrevas
    @FlorentinoAnthonyContrevas Месяц назад +1

    In reality Cartels run the economy weather u like it or not

  • @m.e.345
    @m.e.345 Месяц назад +6

    It is sad that we are a nation of pleasure-seekers.. most just want to enjoy their lives and care little for the good of our nation, the rest of humanity, or even future generations.

    • @bwofficial1776
      @bwofficial1776 Месяц назад

      And there's nothing wrong with that. Yes, I put myself first and I'm not ashamed to say that.

    • @UArcane-b3x
      @UArcane-b3x Месяц назад

      @@bwofficial1776there’s a lot with that, and that infers there’s something working with you

  • @DemetrioAlbidrez
    @DemetrioAlbidrez Месяц назад +1

    Who can someone lower the Economy who has filed for bankruptcy and destroyed the Las Vegas casinos ?

  • @channelpink4376
    @channelpink4376 Месяц назад +37

    Wait til their student loan payments triple. Then they'll understand what they just signed up for.

    • @Introverted100
      @Introverted100 Месяц назад +6

      @@channelpink4376 indeed. And regardless of how people feel about student debt forgiveness, it's still a burden on the economy.

    • @egx161
      @egx161 Месяц назад +8

      So are tax cuts for the wealthy and corporations. Subsidies for the rich. Bailouts for banks. Say when.

    • @Introverted100
      @Introverted100 Месяц назад +3

      @@egx161 I mean that the loans themselves are a burden on the economy.

    • @grobble8954
      @grobble8954 Месяц назад

      Mortgage rates are going to over 8%, the 10 yr spiked 12% just today, which correlates to the 30yr mortgage. Bond market pricing in rampant inflation

    • @GlitterGuru
      @GlitterGuru Месяц назад +8

      Trump voters didn't go to college lol

  • @RobertS.Headrick
    @RobertS.Headrick 5 дней назад +1

    The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. Meanwhile, foreign nations continue to desire the U.S. dollar, despite their own economies facing significant challenges, some even worse than that of the U.S. This situation raises concerns about who will ultimately bear the consequences of these economic dynamics.

    • @JasonB.Chisolm
      @JasonB.Chisolm 5 дней назад

      They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.

    • @heatherj-o5j
      @heatherj-o5j 5 дней назад

      I wholeheartedly concur, which is why I appreciate giving an investment coach the power of decision-making. Given their specialized expertise and education, as well as the fact that each and every one of their skills is centered on harnessing risk for its asymmetrical potential and controlling it as a buffer against certain unfavorable developments, it is practically impossible for them to underperform. I have made over 1.5 million dollars working with an investment coach for more than two years.

    • @StephanieG.Augustus
      @StephanieG.Augustus 5 дней назад

      I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.

    • @heatherj-o5j
      @heatherj-o5j 5 дней назад

      My CFA ’Stacy Lynn Staples, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @CharlesT.Foster
      @CharlesT.Foster 5 дней назад

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @HudsonDoodle
    @HudsonDoodle Месяц назад +6

    Why wasn’t this released before the election? And what video about presidents and the economy would CNBC have released if Harris had won instead?

  • @juancarlosramirez5146
    @juancarlosramirez5146 Месяц назад +12

    Claro que no. Si no pudo en cuatro años, ahora menos lo hará. Este señor es un político, son puras palabras.

  • @Diro-c5n
    @Diro-c5n Месяц назад +114

    Awesome video, Gracias,! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like crypto prices going higher but I also hate buying over-priced market and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend crypto and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Haley Eleanor , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @ousmanekabore200
      @ousmanekabore200 Месяц назад

      I believe the Bitcoin ETFs will be life changing opportunity with my current portfolio of 132k made from my investments with my personal financial advisor I totally agree with you

    • @vhanintavong5821
      @vhanintavong5821 Месяц назад

      She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

    • @doggedogge9395
      @doggedogge9395 Месяц назад

      The true financial unlock comes when you understand and know the technique required to manage your investment's overall risk profile and avoid permanent capital loss. It is critical to have a strategy in place to capitalize on profits when they occur.

    • @ThomasTyler724
      @ThomasTyler724 Месяц назад

      How can I get in touch with Haley Eleanor? What are her offerings?

    • @gabriellesanchez4389
      @gabriellesanchez4389 Месяц назад

      SHE’S MOSTLY ON TELEGRAMS USING THE USERNAME

  • @SCFLEUR
    @SCFLEUR Месяц назад +1

    Y’all thought these companies were squeezing you now. 😆

  • @carycwilliams
    @carycwilliams Месяц назад +3

    He has an open gate to really screw thing up. We're talking about a hugely irresponsible businessman here.

    • @TraxxasGemini3.3
      @TraxxasGemini3.3 Месяц назад +1

      6 businesses he bankrupted in his career as he got rich off it (that we know of.. could there be more? Also.. is there something he is not telling us that we, the people, need to know? 🤔 💭 🤔 💭).. half the country is asking for a VERY good explanation and also when we get it.. does it excuse him from what he's done (and thst he can get away with it while anyone else can't?).. Tit for tat anyone?

  • @djsiii4737
    @djsiii4737 Месяц назад +1

    The real question everyone has is..... Can the president make a hurricane 🤔

  • @aayankhan5369
    @aayankhan5369 Месяц назад +6

    You should have posted this to inform voters before the election. There is no point now . 😢

    • @lordtony2054
      @lordtony2054 Месяц назад

      It wouldnt have made a difference but keep telling yourself that😂😂

    • @AChillin01R
      @AChillin01R Месяц назад

      @@lordtony2054 Of course it would have. Trump won saying I will fix inflation. SORRY HE CAN NOT.

  • @KuKicks
    @KuKicks Месяц назад +70

    According to NBC.. the economy was great. Now CNBC sayin it needs to be fixed. Need to get the propaganda straightened out😊 😂

    • @22surumi
      @22surumi Месяц назад +2

      Lol, true.

    • @Josh1.8
      @Josh1.8 Месяц назад +1

      Biden's Administration was A HORRIFIC one, I'm very happy to know that is gone!🎉❤

    • @pinkisforpimps
      @pinkisforpimps Месяц назад +5

      Orange man in, economy bad 🐵

    • @eltopo71
      @eltopo71 Месяц назад +2

      When has GDP been higher?

    • @WELVAS.
      @WELVAS. Месяц назад +10

      You can create 16 million jobs, 6.6 million above prepandemic levels but it apparently means nothing when there is a lot of inflation

  • @jeromehugh9624
    @jeromehugh9624 Месяц назад +10

    Is any blue collar conservative voter watching this ?

    • @PASH3227
      @PASH3227 Месяц назад

      lol no. They refuse to listen to qualified sources. They believe that they need to trust their gut and ignorance over reality.

    • @paramjitmukherjee5239
      @paramjitmukherjee5239 Месяц назад

      😂😂😂

    • @maldzmahalko590
      @maldzmahalko590 Месяц назад +1

      Wokeness is pioson

  • @Betelgeus3
    @Betelgeus3 Месяц назад +2

    Trumps solution to the economy: side job making nfts of yourself as a buff astronaut, buff cowboy, buff McDonalds worker, etc.

  • @helenrothberg9182
    @helenrothberg9182 Месяц назад +33

    Trump cannot even change his own diaper. Monster

    • @LuisAndrade-vt8pj
      @LuisAndrade-vt8pj Месяц назад +9

      cry harder

    • @guillermocas2877
      @guillermocas2877 Месяц назад

      Monster😡😡😡. 😂😂 go cry back in your basement

    • @Johnwicker1903
      @Johnwicker1903 Месяц назад

      Harris wants you to pay cash for your unsold house and stock. Harris literally said tax unrealized gains.

    • @ScaleScarborough-jq8zx
      @ScaleScarborough-jq8zx Месяц назад

      There’s a special place in hell for Hispanics who choose to be sycophants to their oppressor.

    • @lordtony2054
      @lordtony2054 Месяц назад +1

      Hahaha cope some more😂😂 all you're doing is projecting biden

  • @jpjpjpjpx
    @jpjpjpjpx Месяц назад +1

    What grocery store is this 0:27? The ceiling is beautiful.

  • @Derylpmt
    @Derylpmt Месяц назад +33

    Did CNBC make another, different video to post in case Kamala won?

    • @beatrizguerra7655
      @beatrizguerra7655 Месяц назад +5

      Exactly 🤣🤣🤣

    • @Blues9
      @Blues9 Месяц назад +3

      Yes

    • @Eric-g9c5o
      @Eric-g9c5o Месяц назад +16

      This video wasn't partisan. BOTH candidates campaigned on promises they'd improve the economy.

  • @OperationWorldsFinest
    @OperationWorldsFinest Месяц назад +1

    Universal basic income,pass the law

  • @AlexFoster2291
    @AlexFoster2291 Месяц назад +4

    Of course you posted this after the election. I'm unsubscribing right now. True colors shown.

  • @americanrestoration4545
    @americanrestoration4545 Месяц назад +1

    What do you think about trying to get along with the Republicans and finding common ground? I can not figure out anything positive to come about if we continue to call anyone (including Trump) names or continue to sow discord. It seems to be more attractive if we have the ability to work towards a unity stance.
    What do you think about focusing on what everyone can agree on:
    A. Campaign finance reform
    B. Term limits
    C. Tort law reform

  • @helenrothberg9182
    @helenrothberg9182 Месяц назад +5

    Trump (wants) power and money.

    • @bwofficial1776
      @bwofficial1776 Месяц назад

      And yet, he willingly lost money during his first term. He donated his entire salary and the company that bears his name lost money while he was in office.

  • @justjackman
    @justjackman Месяц назад

    My guys got a pretty solid guitar collection

  • @MrLoobu
    @MrLoobu Месяц назад +7

    He will fix everything, Americans will suffer, and I'll be laughing my ass off again.

  • @bonniestafford2067
    @bonniestafford2067 Месяц назад +1

    Everyone acts like there is no real debt. And that paradise will come with this convicted felon He's already stated what he can take and get away with.So why would you think he's going to bring Paradise to your Pocket book more like his hand will be in it. And you'll see what's missing

    • @TraxxasGemini3.3
      @TraxxasGemini3.3 Месяц назад

      A dream for the misinformed and unenlightened (those impressed by glamor and instant overnight success) possibly... and this "dream" works for those with no income issues (those who make north of 360k annually have it pretty well made BUT it is really the ones above them that make over 1m annually that REALLY benefit the most from this and they reap the most rewards.. all the while those making under 360k a year are gonna be forced to pay more in taxes, work even harder, and have things cut from our lives that we REALLY need [vaccines, affordable Healthcare, reliable power/gas/water/utilities, affordable fuel, income tax returns that help pay things off or to simply save up, and medical procedures most can't even begin to dream to afford without assistance of some kind]..)
      Otherwise a Great Depression will likely happen among other bad things from the economy collapsing (civil unrest, riots, law system gets overwhelmed forced to change tactics and making laws with punishments to become more brutal and more often with lesser crimes, muggings and thievery, shootings... Basically a collapse of society would be inevitable and the loss of lives on all sides INCONCEIVABLE! Man and woman will be fighting one another daily for anything like feral animals just to get by... a de-evolution if u will as things erode until it completely crumbles away until someone or something gives hope and a way out to begin the way to rebuild and restore (even then progress isn't always in a straight line up as it may be harder to rebuild what was once lost but with believers with faith can make miracles happen.. our forefathers did AMAZING things that brought us here! Don't throw it away in vain!)

  • @GGordonWorleyIII
    @GGordonWorleyIII Месяц назад +7

    lol at 1:50 he's talking about "low unemployment" while showing a banner for hiring at Lowe's. some intern is very satisfied with themselves right now!

    • @JsPerspective
      @JsPerspective Месяц назад

      It doesn't mean there aren't still jobs out there available

  • @coopshopdesigns4890
    @coopshopdesigns4890 Месяц назад

    Absolutely and he will prove it

  • @alphaomega1351
    @alphaomega1351 Месяц назад +2

    Well, yes, and no.
    America 🇺🇸 is still the number 1 game in town. As such, it has a major influence on how other countries roll.
    How about start by making policies that will bring back manufacturing and encourage savings/real ownership and less debt. 😳

    • @bad444
      @bad444 Месяц назад +3

      How when we live in a hyper capitalist economy. We cannot have both. Bring manufacturing back, but add machines instead of people, save your paycheck when everywhere you look companies are selling, buy a home when everyone wants to keep up with the rich by buying a 4 bedroom home for two or three.

    • @JsPerspective
      @JsPerspective Месяц назад +3

      No policy will bring manufacturing back. Its too expensive. And Americans hate expensive

    • @DJPleasureSeekingMissle
      @DJPleasureSeekingMissle Месяц назад

      Your entire comment is anti capitalist and hence counterintuitive to how the US economy works.

    • @eljefe5858
      @eljefe5858 Месяц назад

      U.S works with debet, the strategy by the FED and Gov of inflate, I’ll say again, inflate it’s way out of it will continue. Sorry. Will be suroeised If elon really cuts big time the spending.
      Then I do not know whats next, cbdc? A totall colapse???

  • @cathyzhang2769
    @cathyzhang2769 Месяц назад +1

    Why did you guys put out this vedio before election.

    • @naithngr81-jh2bb
      @naithngr81-jh2bb Месяц назад

      To show the gullible fools who say they want to vote for Trump "because of the economy" (as if they forgot that Trump didn't do a damn thing when he was president the first time, what really makes them think he's going to be any better this time around even if you didn't realize he's now even older and more senile?) as an excuse for voting Trump, that no, the president doesn't control the damn economy.

  • @DanH-u3f
    @DanH-u3f Месяц назад +4

    The president can reduce bureaucracy to help the economy.

  • @MeetThaNewDealer
    @MeetThaNewDealer Месяц назад +1

    Well, we can only hope that Trump’s gross incompetence hinders his malicious policies. But honestly, I think Trump’s second term will be marred by chaos due to backbiting, infighting, corruption, and criminality.

  • @SteveLobello
    @SteveLobello Месяц назад +35

    Now that Donald Trump has won the election, I’m confident that the future of crypto is in good hands. Also, Becky Quick has been making some impressive moves with her crypto trades

  • @ericworthington7299
    @ericworthington7299 Месяц назад

    Well Spoken, Great Video, Very Motivational...

  • @dlewis8405
    @dlewis8405 Месяц назад +3

    I can think of a way that Presidents have power over the economy - food stamps. If a President can restrict the eligibility of people to who want to qualify it will have a big impact on food prices. In many ways food stamps are corporate welfare since the big companies want more sales.

  • @economicallyshort5184
    @economicallyshort5184 Месяц назад

    0:06 it changes the perception of the economy, and so it changes the decision making thought process of those who create jobs and spending in general. Democrats tend to rely on taxation as the main means for enabling their policies and agendas, which is something business owners obviously don’t like. So, the perception of having a Republican president changes their perceptions of the likelihood of taxation policy during that presidential term. It’s very analogous to how publicly traded companies make layoff announcements to give the perception to their shareholders and potential shareholders and investors that the business is doing well, and so that perception raises confidence in that company and its stocks will go up in value.

  • @GlitterGuru
    @GlitterGuru Месяц назад +3

    If they do or not, increasing tariffs on all imported goods sure will have a big impact. Can't wait to pay at least 25% more for everything!

  • @brianprusak3725
    @brianprusak3725 26 дней назад +1

    The economy is tanking.

  • @Friday_Trouble
    @Friday_Trouble Месяц назад +63

    I feel so sorry for CNBC 😢

    • @kiwiskiwi
      @kiwiskiwi Месяц назад +8

      no you don't concern troll..

    • @xzmrquanzx
      @xzmrquanzx Месяц назад +15

      Why? Trump will give them more materials to talk about the next 4 years.

    • @Drunken_Master
      @Drunken_Master Месяц назад +2

      I feel so sorry for your mental disabilities :(

    • @jmlfa
      @jmlfa Месяц назад +1

      Never enjoyed watching this channel as much as today. Encore !

    • @Black____
      @Black____ Месяц назад

      Why

  • @CrissyHellwig
    @CrissyHellwig Месяц назад

    I really appreciate your efforts! Just a quick off-topic 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). Could you explain how to move them to Binance?

  • @captinmorgon3699
    @captinmorgon3699 Месяц назад +4

    This is NBC's way of saying when Trump fixes the economy the will give no credit to him.

    • @mosijahi3096
      @mosijahi3096 Месяц назад +2

      Could you please explain how you came up with that statement? Did you not learn anything from the video, or do you have a different way of explaining the topic?

    • @austriasalzburg
      @austriasalzburg Месяц назад +1

      ​@@mosijahi3096💯 Exactly! The video is about the president's ability to influence the economy in general. Not about Trump.

    • @Rehunauris
      @Rehunauris Месяц назад +2

      Did he fix it last time? He made billionaires wealthier and paid it with more debt.

  • @ericdunbar6230
    @ericdunbar6230 Месяц назад +2

    60% tariffs on Chinese imports when China is going to have automated ports in South America. 😂😂😂😂 They not very smart.

  • @KG4JYS
    @KG4JYS Месяц назад +1

    Congress generally caused the current problems with the economy (you know, food prices doubling last year, housing prices tripling). However, presidents can impact these problems significantly through political pressure and executive orders. Unfortunately, congress is only talking about slowing inflation, when they need to be taking steps to deflate the economy.

    • @Sinaeb
      @Sinaeb Месяц назад +1

      Who's in control of congress right now?

  • @niki9638
    @niki9638 Месяц назад +3

    So CNBC is saying that Biden was not to blame for the last 4 years if a collapsing economy after they’ve said for the last 4 years that the economy was so great…?

  • @jordankendall86
    @jordankendall86 Месяц назад +1

    True, but the President of the US influences laws and policy enacted by congress. Typically the President is considered the leader of their party and thus affects how other party members would vote in Congress, State, and local governments. Very few politicians deviate from their party's openly stated platform. It is what makes the US unique compared to other countries that typically have to form coalitions to govern effectively.