The U.S. economy is the envy of the world, says Evercore's Roger Altman

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  • Опубликовано: 1 май 2024
  • Roger Altman, Evercore founder, joins 'Closing Bell' to discuss his expectations for tomorrow's jobs report and the Fed's meeting Wednesday.

Комментарии • 56

  • @HodgeChris
    @HodgeChris 14 дней назад +112

    For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io 14 дней назад +3

      Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.

    • @carssimplified2195
      @carssimplified2195 14 дней назад +2

      Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.

    • @Pamela.jess.245
      @Pamela.jess.245 14 дней назад +2

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

    • @carssimplified2195
      @carssimplified2195 14 дней назад

      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 ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @Pamela.jess.245
      @Pamela.jess.245 14 дней назад +1

      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 resume.

  • @DianaR.Ballard
    @DianaR.Ballard 14 дней назад +172

    Certainly. Exchange-Traded Funds (ETFs) are popular for long-term investments due to their diversified nature. ETFs offer exposure to a wide range of assets, such as stocks, bonds, or commodities, which can help reduce risk. Some top choices for long-term investing include broad market index ETFs, sector-specific ETFs, and bond ETFs, as they provide potential for growth and income over an extended period while minimizing the risk associated with individual stocks.

    • @user-je7zd6hg5c
      @user-je7zd6hg5c 14 дней назад

      Numerous compelling stocks span various industries for you to consider tracking. While it's not necessary to act on every prediction, enlisting the guidance of a financial advisor is advisable. They can assist you in determining optimal entry and exit points for purchasing and selling shares or ETFs, ensuring well-timed decisions aligned with your investment goals.

    • @user-pd4ot6kp3k
      @user-pd4ot6kp3k 14 дней назад

      I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 4years+ and I've netted over 2.8million.

    • @user-ki8fx8yv4w
      @user-ki8fx8yv4w 14 дней назад

      Kindly share the details for reaching your advisor. With inflation negatively affecting my funds, I'm in search of a more lucrative investment strategy to optimize their performance.

    • @user-pd4ot6kp3k
      @user-pd4ot6kp3k 14 дней назад +1

      Deborah Lynn Dilling covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.

    • @user-ki8fx8yv4w
      @user-ki8fx8yv4w 14 дней назад +1

      I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Deborah up and send her a message. You've truly motivated me. Thank you.

  • @dfv671
    @dfv671 14 дней назад +15

    No nation is envious of $1T every 100 days in debt

    • @WiCapitalco
      @WiCapitalco 14 дней назад

      The US is incorporated - we have a military to back our assets & a constitution. Lock in the gold standard again and issue a new currency.

  • @tzartzisipus6024
    @tzartzisipus6024 14 дней назад +11

    GDP +1.6% Real Inflation ~8%. Stagflation Nation.

  • @huynguyentoantin
    @huynguyentoantin 15 дней назад +18

    Because we print out money more than any other developed countries

    • @Alpharizzchad
      @Alpharizzchad 14 дней назад

      😂 because everyone wants the green back. Think of BRICS. Only one India has money. And only Russia and China are buying the most gold. India is buying gold but in India it's a Status of wealth. The dollar is stronger than the EU. This is causing the world to slow down on buying US products due to the high cost. On the other side Great time to take a vacation

    • @dfv671
      @dfv671 14 дней назад +3

      @@Alpharizzchad soon no one wants it.

    • @prolific1518
      @prolific1518 14 дней назад

      ​@@Alpharizzchad great time to take a vacation while inflation soars around the world 🤡

    • @firstlast8258
      @firstlast8258 14 дней назад

      Speak for yourself 🤓 🖕

  • @William1866
    @William1866 15 дней назад +12

    Roger, what comedy club are you appearing at this week?

    • @AmeriGlobal
      @AmeriGlobal 14 дней назад

      People that have owned the Dow Jones index or S & P 500 index have done well.

    • @William1866
      @William1866 14 дней назад

      @@AmeriGlobal Yes, the 10% investment class has done great. It's the lower half that's buried in credit card debt. The K shaped economy that Joe said he was going to fix.

  • @peteroneill9870
    @peteroneill9870 14 дней назад +1

    Approaching $35 Trillion in debt and over $1.2 Trillion in personal credit card debt????? Any economy partying on debt can only party for so long before it crashes and burns - its not if but when (and was the main reason most empires and major nations collapsed throughout history has been debt)

  • @mnm2007
    @mnm2007 15 дней назад +11

    have you talked to the slaves and see how they feel

  • @tjinc002
    @tjinc002 14 дней назад

    Let's hope so .

  • @andyprem
    @andyprem 14 дней назад +1

    really growing 1.5 % is the envy sure bro

  • @derekpochurko5821
    @derekpochurko5821 15 дней назад +15

    This guy can't be serious, he has to be trolling.

    • @jloutz
      @jloutz 14 дней назад

      Please listen, we are already in a soft landing and one cut is on the way.
      Dude needs to retire, actually, he may have. 😂

    • @prolific1518
      @prolific1518 14 дней назад

      ​@@jloutzcut has been otw for a year now 🥱

  • @steveg6978
    @steveg6978 15 дней назад +1

    Yes we have the best GDP in the world...that is correct

    • @ssuwandi3240
      @ssuwandi3240 14 дней назад

      China's was 4 times bette, kid r😊

  • @200cdl
    @200cdl 14 дней назад +5

    Stooge

  • @illegalsmirf
    @illegalsmirf 14 дней назад

    stonks only go up BTFD

  • @emmany5302
    @emmany5302 14 дней назад +7

    So if you spend about 50% more than your revenues, you are the envy of the world?

    • @Alpharizzchad
      @Alpharizzchad 14 дней назад

      😂the whole world runs on debts. Google it. The world is busy buying US T bills for safety. Remember buy on the dips win on the call

    • @prolific1518
      @prolific1518 14 дней назад

      Capitalism 101. Privatized gains, socialized costs. Capitalists are parasites and will keep getting people elected that maintain the status quo.

    • @ssuwandi3240
      @ssuwandi3240 14 дней назад

      The Sheep are the envy of the world. The generous aid and nodding to poor Ukraine 😊

  • @zanebea3437
    @zanebea3437 14 дней назад +4

    Geriatrics

  • @rickhayes-oh2zm
    @rickhayes-oh2zm 14 дней назад +7

    the us economy is the worst of the world

    • @AmeriGlobal
      @AmeriGlobal 14 дней назад

      The stock market and housing market don't seem to confirm that.

    • @firstlast8258
      @firstlast8258 14 дней назад

      ​@AmeriGlobal the numbers don't lie but liars use numbers 🤓 🖕

    • @AmeriGlobal
      @AmeriGlobal 13 дней назад

      @@firstlast8258 By the numbers you lie.

  • @BRuane-pw6xq
    @BRuane-pw6xq 14 дней назад

    Envy of World indeed. JOE !!
    Every GOP President since Hoover has had a Recession ALL of THEM different weak excuse each time but ALWAYS a RECESSION ALWAYS

  • @Michael-kx7im
    @Michael-kx7im 14 дней назад +2

    I can not afford nothing
    So say what ever

  • @jaym9846
    @jaym9846 13 дней назад

    Which country comes close to our $33T national debt?

  • @lextan7844
    @lextan7844 8 дней назад

    $34 trillion debt.

  • @JS-rn1tj
    @JS-rn1tj 14 дней назад +1

    No, no they will cut Nov 1st. Just in time.

    • @BRuane-pw6xq
      @BRuane-pw6xq 14 дней назад

      Powell gave Fat Donny Chump 3 ,unnecessary rate cuts in late 2019 to juice economy and Banktrump Calamity Donny still lost.
      Every GOP President since Hoover has had a Recession ALL of THEM different weak excuse each time but ALWAYS a RECESSION ALWAYS. Understand Trumper ??

  • @hobo456
    @hobo456 14 дней назад +1

    Hahaha on debt😂😂😂😂