Economy is too 'hot' for a Sept. cut: VantageScore CEO

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  • Опубликовано: 18 окт 2024

Комментарии • 48

  • @jasonsmith1143
    @jasonsmith1143 2 месяца назад +4

    NO !! people are living on their credit cards.
    food, parking space, drinks, medicine, bills etc

  • @2MANYCARS
    @2MANYCARS 2 месяца назад +7

    Having a good credit score doesn't mean the individual is wealthy, or not bothered by deteriorating economic situation......

  • @Charlotte-ew6sw
    @Charlotte-ew6sw 2 месяца назад +139

    What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

    • @Sophia-bt2uh
      @Sophia-bt2uh 2 месяца назад

      There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

    • @SirManselus
      @SirManselus 2 месяца назад

      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 trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

    • @Daisy-yr6ez
      @Daisy-yr6ez 2 месяца назад

      Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @SirManselus
      @SirManselus 2 месяца назад

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    • @Daisy-yr6ez
      @Daisy-yr6ez 2 месяца назад

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  • @todddunn945
    @todddunn945 2 месяца назад +2

    I hope he is right about there not being a Fed Rate Cut in September. I would like see rates go up to 6+%.

    • @legotelugu
      @legotelugu 2 месяца назад +1

      yeah it should go to 14%+

  • @EasyYoutubeAI
    @EasyYoutubeAI 2 месяца назад +3

    Capture the video in 1 minute 🚀⬇️
    *Introduction*
    McDonald's shares ended higher despite missing sales and profit estimates, with the CEO noting consumers are becoming more selective with their spending.
    *Main Points*
    1. The average Vantage score, a measure of credit health, is 702, indicating overall consumer health is good.
    2. Mid-tier consumers are shrinking, with some moving to super prime and others dropping below prime.
    3. Banks are optimistic, increasing loans across credit cards, auto loans, and mortgages, despite consumer pessimism.
    4. Traders expecting a rate cut in September may be wrong, as the economy remains hot and the FED is cautious about cutting rates prematurely.
    5. Segments of the population, particularly younger and less affluent consumers, are experiencing economic pain.
    6. The FED must consider the overall economic picture, which shows most Americans are doing well, despite some struggling segments.
    7. The upcoming election will hinge on addressing the economic concerns of younger, less affluent voters.
    *Conclusion*
    The economic outlook remains mixed, with overall consumer health strong but certain segments facing challenges, which will be crucial in the upcoming election.

  • @karlhernandez617
    @karlhernandez617 2 месяца назад

    If the economy is “too hot” let’s suspend all Credit Card purchases (meaning debit or cash only) and see what transpires

  • @tacolover5000
    @tacolover5000 2 месяца назад +5

    like i said, they have to raise it two more times and then drop it hard

  • @sumpunonel262
    @sumpunonel262 2 месяца назад +9

    Very accurate commentary.
    The pause has been too long, but only because the fed should have continued rate hikes till at least 6%

  • @user-oq8hm2zw7c
    @user-oq8hm2zw7c 2 месяца назад

    This clown running the federal reserve never had a clue since day one!

  • @kirkdogg007
    @kirkdogg007 2 месяца назад

    You can look with your own eyes and see what's going on you don't need this clown to tell you that he's wrong

  • @undefeatedaj
    @undefeatedaj 2 месяца назад

    Define hot

  • @lokesh303101
    @lokesh303101 2 месяца назад

    Data is Important.

  • @Net-icine
    @Net-icine 2 месяца назад

    Just to be clear social security only functioned in one country and only for about 60 years . . . . Think!

  • @davidorth4906
    @davidorth4906 2 месяца назад

    Good side ... McDonald's $5.00 meal worked great! Maybe, possibly, they keep it.

    • @Wahinies
      @Wahinies 2 месяца назад

      @@davidorth4906 only if coca cola subsidizes it again

    • @yingcluk
      @yingcluk 2 месяца назад

      Unfortunately all McDonald's care to keep is the money they make (or should I say gouge) from consumer. I hope to see not McDonald's but all the greedy corporations sales go down.

  • @grownupgaming
    @grownupgaming 2 месяца назад +2

    Are u crazy economy running hot now???

    • @grownupgaming
      @grownupgaming 2 месяца назад +1

      @@MereAYT So corporate profits will suspend or extend out the next recession, making it much greater in magnitude. and when it hits, the average consumer will bear the brunt of it.

  • @ELIOSANFELIU
    @ELIOSANFELIU 2 месяца назад

    Thank you guys¡¡

  • @justsomeuser5123
    @justsomeuser5123 2 месяца назад +1

    If rate cut doesn't happen in September... Then Russel 2000 rotates.back Into magnificent 7.

  • @conybrown991
    @conybrown991 2 месяца назад

    Envy man

  • @davidorth4906
    @davidorth4906 2 месяца назад

    Tell Republicans.

    • @crooked52h
      @crooked52h 2 месяца назад +1

      Main Street and wall street are not the same

    • @firstlast8258
      @firstlast8258 2 месяца назад +1

      Two wings of the same dying bird 🤓 🖕

    • @enthused7591
      @enthused7591 2 месяца назад +1

      Lol. This is 2007 all over again. Tell Republicans what? We already know exactly what's right around the corner, and we have for years.

  • @AbelGrace-sw1pt
    @AbelGrace-sw1pt 2 месяца назад +6

    I'm favoured financially with Bitcoin ETFs approval, Thank you, buddy.$42,000 weekly profit regardless
    of how bad it gets on the economy

    • @NickyThomas-di1xo
      @NickyThomas-di1xo 2 месяца назад

      How is that? If you do not mind me, please 🙏

    • @AbelGrace-sw1pt
      @AbelGrace-sw1pt 2 месяца назад

      Lia Lorenzo has been my backbone since last year and has brought me many benefits.

    • @AbelBenjamin-yi6uo
      @AbelBenjamin-yi6uo 2 месяца назад

      Please, how do I connect with Lia Lorenzo? I would appreciate it if you show me how to go about it

    • @AbelGrace-sw1pt
      @AbelGrace-sw1pt 2 месяца назад

      She is always active on wats apk👎👎

    • @AbelGrace-sw1pt
      @AbelGrace-sw1pt 2 месяца назад

      She is mostly active on what'sapk👇👇

  • @FrickinTony
    @FrickinTony 2 месяца назад

    No Maybelline interview; RFKjr