The Fed talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly spread my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
truth is, navigating market volatility can be quite challenging, but beneficial utilizing financial advisors, they can help provide personalized strategies that matches with your goal and risk tolerance
@speak2selwyn who is the professional guiding you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
excellent share, curiously inputted Karen Lynne Chess on the web, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Wouldn't tariffs increase inflation due to the govt collecting money? May want to go for a portfolio containing govt backed securities and Gold. I don't see Bitcoin not reaching $1,000,000 at any point.
The Fed's interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is huge for retirement.
Navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalised insights based on your specific situation and financial position
I’ve been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 56, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my advisor.
My CFA Melissa Terri Swayne, 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.
The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Stacy Lynn Staples’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I went from no money to Invest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Stephanie Janis Stiefel. I am at $128k right now and LOVING that you have to bring this up here
With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains.
IMO.. this rate cut will a create new buying opportunity, but given the current market uncertainty, have you considered consulting a financial advisor? They can provide personalized strategies to help protect your investments and maximize returns.
Over $6 trillion is in money markets earning high interest, but Fed rate cuts will push this money into equities. A crash/recession can be discussed after that shift. My financial advisor has helped me understand the market, gaining 25% this year under her guidance.
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Jessica Dawn Walters for years and highly recommend her. Look her up to see if she meets your criteria
I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Powell's cut had nothing to do with inflation. He gave up on the inflation fight, just like Peter said he would. The cut was made to try to prop up a crumbling economy.
Sounds like a skeptical outlook on things to me. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
Investors are being skeptical because of the Fed's plan with interest rate but for me, I'm at a crossroad, unsure whether to invest $150K into my stock portfolio and what strategy is best to capitalize on the current market.
Working with a financial advisor you have been a game-changer. Their tailored strategies aligned with my risk tolerance and goals, leading to significant investment growth and greater confidence in my financial future.
Annette Marie Holt is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
My advice always, Invest into Real estate and Digital Market, Time has changed and we need to move with time. Seek the help of a financial advisor to tailor a plan to your specific needs and goal. Avoid debt at all cost and build an emergency fund.
It is actually not intentional to accumulate debt, I have always tried my best to stay debt-free but then life happens. Real estate is a No for me due to financing challenges like securing a mortgage.
Don't be daft all he ever says is there Will be a recession or a depression. Did you buy equities in the last 4 years? If you did, you did well. Pete told you the markets were going to end and there was going to be an alien invasion.
So what's the most effective strategy during this period of volatility with the rate cut? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble.
This is the exact thought process of persons handling their portfolio themselves. I will advice you engage guidance to help you make smarter portfolio decisions.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
Mind if I look up your advisr please? I've worked in real estate for over 15 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now
Sure you can! Victoria Louisa Saylor is the NY-based advisor I work with. Just search the name. You’d find necessary details to work with to set up an appointment.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial RUclipsrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
“Carol Vivian Constable” 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
I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
i don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new market opportunities, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
great gains there! mind sharing details of your advisor please? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
I'm here in Massachusetts, near the cape, and this place is dead, noone has shit, it's going bust, and these fools living like it's business as usual.. We know, but the fools don't, because if they did, they would be here with us. 👊💥⚔️😎👍
I’m not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
The market is volatile at this time, hence i will suggest you get yourself an inv-advisor/coach that can provide you with entry and exit points on the financial assets you focus on.
profits from the forex market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional passive income in addition to dividends, you will be able to live off of profits without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than “$600K” in dividend stocks through my asset manager and will continue to do so until the price falls even further
congrats. this is great! mind sharing info on the coach that assists you? cos i’ve got a bunch of stocks that keeps tanking and don't know if its best to just dump amidst ongoing inflation
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia
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.
Given reduced inflation signals and as the Federal Reserve has halted rate hikes, what are the best additions for a $120K portfolio to enhance the overall performance of my portfolio this year
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Alesia Haas you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Alesia Haas is also my trade analyst, shehas guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I'm favoured, $30K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to the same Alesia Haas.
@@chessmaster1115Says who? Your pimp told me who heard it from your stepsister. What were u doing in 1999, 2007, 2019? I'll bet two bits you're currently jerking off to paper gains, only u can click the sell button but no, you'll buy the dip, the oligarchs want your money... I don't give a flying fuck, I own 200 SQQQ Jan 16, 2026 calls. avg cost $.79.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
That guy isn't paying attention to trucking freight rates and how many trucking companies are going bust. I like these videos of Peter and that guy Andy. But he's not looking at trucking, its a bloodbath. If the economy was strong, soo many trucking companies wouldn't be going bust.
Nice to see Peter on your show. A nice breath of realism, when most of the media is talking hogwash and telling us how great things are. As a anecdote, restaurant prices have doubled in my area in the past two + years. So much for 3% inflation
Buffet was also selling when the pandemic hit, a great entry point for people of my generation (30s, 40s) and a great period for stocks overall. My question is do you think it's a good time to consider selling some stocks too? I’m considering rebalancing my $2M portfolios and curious for the best strategies to do so.
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
Wouldn't tariffs increase inflation due to the govt collecting money? May want to go for a portfolio containing govt backed securities and Gold. I don't see Bitcoin not reaching $1,000,000 at any point.
My home insurance just went up22%. These are normal rates if anything they are lower than the historical rate avg. The rate needs to be higher to kill inflation. 😢
SO MANY People are driving wrecked cars with Duct tape because they cant afford to pay their deductible in fear of auto insurance rates being increased furthermore. I never seen so many people driving wrecked newer cars in my life.😮
Hi Peter. I've just started listening to you and wanted to know why countries like Finland and Demark are consistently ranked the happiest (and recently I saw them ranked among the most free) despite having high taxes and social programs? Thanks!
It's real simple. Right now we (the US) are very top heavy in the service sector (too much over) the goods sector. We don't make anything anymore (way off of what we used to produce) in the goods sector. We have been covering this disparity with pure speculation, not really reliable over a sustained period of time. Good to see you again Peter.
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. What strategies should I be employing in my portfolio right now?
It’s precisely at times like these that investors need to be on guard against the next certainty. Hence, finding the appropriate asset allocation and collaborating with an advlsor if you are unable to manage these market conditions.
@@dogmom-pt5we No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 80% rise from early this year. I and my CFA are working on a 7 figure ballpark goal, tho this could take till Q2 2025.
@@DeannaPeters-lz8we Her name is. Sharon Crump Cline. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Sounds like a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
Mind if I look up your advisr please? I've worked in real estate for over 15 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though it's all on a brighter and splurging side for Gold, should I look that way?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
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 ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Today (post FED), long term rates "ARE" indeed going up. 30y is 4.078 up 1.75%; 10y is 3.744 up 1.59%. It'll take time but the 10yr will get back over 5%.
Thats the news format. They all understand they have a minute upmost to tell their one liners and thats it. The interviewer does what they all do, manages 5 minutes to fake that there was any debate when there is none. In reality everyone knows that the show is craap and you better off listening to a podcast of these economists
The FED never aims to correct prices after inflation. They just aim to slow the rate of inflation. Inflation is always a number greater than zero. We will never see yesterday's prices ever again. Do it think this is the right approach? Absolutely not.
He promotes lowering rates and so does kackling chick they’re both the same people and lowering rates only causes inflation 😂😂😂 these politicians ain’t saving us
PETER IS A BEACON OF TRUTH, IN A SEA OF LIES, Everyone called him crazy back in 07 when he called it correct back then, and he was Literally like the only guy speaking truth to power... and his facts havent changed, because he is correct. He doesnt flip flop he states truth. When i realized he was right...thats who i listen to, and he is very trustworthy. Watch his old videos, your mind will be blown. So awesome
The Fed talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly spread my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
truth is, navigating market volatility can be quite challenging, but beneficial utilizing financial advisors, they can help provide personalized strategies that matches with your goal and risk tolerance
@speak2selwyn who is the professional guiding you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
excellent share, curiously inputted Karen Lynne Chess on the web, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
Wouldn't tariffs increase inflation due to the govt collecting money? May want to go for a portfolio containing govt backed securities and Gold. I don't see Bitcoin not reaching $1,000,000 at any point.
The Fed's interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is huge for retirement.
Navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalised insights based on your specific situation and financial position
I’ve been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 56, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my advisor.
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
My CFA Melissa Terri Swayne, 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.
Just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.
The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Stacy Lynn Staples’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
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.
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
Most intelligent words I've heard.
Crypto is the new gold
You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.
I wanted to trade Crypto but got discouraged by the fluctuations in price
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I’m planning on moving to Sri Lanka. Where are you moving to?
I went from no money to Invest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Stephanie Janis Stiefel. I am at $128k right now and LOVING that you have to bring this up here
How can i reach her, if you don't mind me asking?
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.
Food prices will double again.
No way..Gas prices are also going down
@@allentarver6286 What a joke..
@@allentarver6286 because of slowing demand!
When will people realize Peter knows !!
Peter “knows” finance
he's successfully called 50 of the last 2 recessions
After it's too late of course.
The Peter Haters are here…😂
@@chucksneedmoreland I like that quote but I like peter too
With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains.
IMO.. this rate cut will a create new buying opportunity, but given the current market uncertainty, have you considered consulting a financial advisor? They can provide personalized strategies to help protect your investments and maximize returns.
Over $6 trillion is in money markets earning high interest, but Fed rate cuts will push this money into equities. A crash/recession can be discussed after that shift. My financial advisor has helped me understand the market, gaining 25% this year under her guidance.
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Jessica Dawn Walters for years and highly recommend her. Look her up to see if she meets your criteria
My homeowners and car insurance renewal premiums just went up 30%
Parts of Florida Insurance went up 102%
My car insurance increased 35% in Boston, MA.
insurance is such a scam!!
My home and auto went UP unexpectedly. Food is unbelievable. Realistically inflation in the last 4 years has gone up 40%.
My insurance rate for the 6mo period just went up $800 I’m 10 miles from Seattle
I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 2nd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Very true, you can be passively involved in the markts and still amass wealth-gains using an investment advisor. I first dabbled in stocks late 2019, just before the pandemic, and that same year gained over 150% with no prior investing experience, basically all I was doing was following directions of my advisor. We are working on a retirement ballpark of $3m and I’m certain my goal isn’t farfetched after subsequent investments and tremendous returns so far.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Carol Vivian Constable is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find her handler, She seems very proficient and flexible. I booked a call session with her.
Peter is such a legend ! 👏👏👏👏
My property tax just went up 16% insurance went up 45% 2% is for the amount of rain we had this month Winter is coming
The gov needs to be cut back. But why are they giving it overseas?
Peters tie is nice. :) powell is a liar. The economy is NOT GOOD!!!
Yeah, but he needs to go with a full windsor knot.
That half windsor isn't gonna cut it.
Powell's cut had nothing to do with inflation. He gave up on the inflation fight, just like Peter said he would. The cut was made to try to prop up a crumbling economy.
it has always worked though
And to support massive governmnet debt and spending to support the dying economy
@@allentarver6286 This economic cookie has already crumbled...more cuts = more bleeding for the consumer. The markets are still running blind...
Sounds like a skeptical outlook on things to me. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
I could really use the expertise of this advsors
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Investors are being skeptical because of the Fed's plan with interest rate but for me, I'm at a crossroad, unsure whether to invest $150K into my stock portfolio and what strategy is best to capitalize on the current market.
Just buy Gold, the government has failed us or when unsure about how to invest a huge sum in the market is to seek the help of an advisor.
Working with a financial advisor you have been a game-changer. Their tailored strategies aligned with my risk tolerance and goals, leading to significant investment growth and greater confidence in my financial future.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Annette Marie Holt is the coach that guides me, you probably might have come across her before I found her through a Newsweek report. She's quite known in her field, look her up.
I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.
Powell said the economy is still strong so why the rate cut?
Follow the money 😂😂😂😂
Job losses. That usually means a good economy right?
Because inflation will take care of itself
My advice always, Invest into Real estate and Digital Market, Time has changed and we need to move with time. Seek the help of a financial advisor to tailor a plan to your specific needs and goal. Avoid debt at all cost and build an emergency fund.
It is actually not intentional to accumulate debt, I have always tried my best to stay debt-free but then life happens. Real estate is a No for me due to financing challenges like securing a mortgage.
What about the Digital market, what does it currently look like ?
I will advise You to look into the digital market. A lot of folks in the US and abroad are getting so much from it.
Well, it is not totally easy, It's all about making informed decisions and protecting your capital.
To help you navigate, I'll recommend that you identify an investment mentor or someone with prior market experience.
PETER SCHIFF ❤
Your kids can never move out now. Get comfy everybody
Lower rates but higher price on the home.
Peter should be asking then why is the Fed cutting rates if the economy is doing so well. You don't cut rates in a good economy
BINGO
Peter is the man! Others are either in denial, in bed with the Fed or just completely clueless.
They chearlead for the Fed or loose there jobs.
Don't be daft all he ever says is there Will be a recession or a depression. Did you buy equities in the last 4 years? If you did, you did well. Pete told you the markets were going to end and there was going to be an alien invasion.
So what's the most effective strategy during this period of volatility with the rate cut? Most of my portfolio is in (20% Index funds, 20% CD's 30% Bonds/T-bills and other assets) I want to explore different strategies to benefit from a potential bubble.
This is the exact thought process of persons handling their portfolio themselves. I will advice you engage guidance to help you make smarter portfolio decisions.
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds.
At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
Mind if I look up your advisr please? I've worked in real estate for over 15 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now
Sure you can! Victoria Louisa Saylor is the NY-based advisor I work with. Just search the name. You’d find necessary details to work with to set up an appointment.
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial RUclipsrs, quite devastating!
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one.
“Carol Vivian Constable” 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
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
In Schiff we trust
👍😎✔️⚔️👊💥
Hawkish Cut. Sure. I want some dry water now.
I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
i don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new market opportunities, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.
great gains there! mind sharing details of your advisor please? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time
Stacy Lynn Staples is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
Lol. Peter eviscerated that bobblehead to the point of her flabbergast.
But that red hair and makeup 💄 😂
@@rudeawakening3833 Yeah. Remind you of something? 🤡
Andrew Brennen. Yeah right . The economy is good. Nuts!!! Here I. Massachusetts so many plants are closed . And we went good 5 years ago.
I'm here in Massachusetts, near the cape, and this place is dead, noone has shit, it's going bust, and these fools living like it's business as usual..
We know, but the fools don't, because if they did, they would be here with us. 👊💥⚔️😎👍
I’m not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
The market is volatile at this time, hence i will suggest you get yourself an inv-advisor/coach that can provide you with entry and exit points on the financial assets you focus on.
profits from the forex market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional passive income in addition to dividends, you will be able to live off of profits without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than “$600K” in dividend stocks through my asset manager and will continue to do so until the price falls even further
congrats. this is great! mind sharing info on the coach that assists you? cos i’ve got a bunch of stocks that keeps tanking and don't know if its best to just dump amidst ongoing inflation
Her name is 'Amy Desiree Irish’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Wow you give me hope
Am 49..am From Las Vegas…
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
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.
Peter is right on the money.
Banks will be able to borrow at 50 basis points less but who will buy 10 and 30 year paper at 3.5-4.5 long bonds?
I love Peter Schiff
The Fed should be abolished!!
Very soon
Given reduced inflation signals and as the Federal Reserve has halted rate hikes, what are the best additions for a $120K portfolio to enhance the overall performance of my portfolio this year
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Peter...the....legend....Schiff.
An Economy so good a 0.50% rate cut was needed 😂😂😂😂😂
Love seeing Peter Schiff on Fox Business news.
Another Peter Schiff Was Right video in the making, now back, with vengeance
There will be no shortage of clips for the next montage
@@lacitysunText me now for more on daily crypto and stock market update, daily trade signals, investment tips and many more
Peter KNOWS
Peter was en fuego!!!! Well done sir.
Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in April 2024..
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear that you saved me from huge financial debt with just a small Investment, thank you Alesia Haas you're such a life saver
As a beginner in this, it’s essential for you to have a mentor to keep you accountable.
Alesia Haas is also my trade analyst, shehas guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I'm favoured, $30K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to the same Alesia Haas.
国美国🇺🇸十𝟭𝟰𝟭𝟵𝟮𝟯𝟭𝟬𝟯𝟭𝟮👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️十
每个人都这样"抄袭"，"RUclips 让人沮丧
THAT’S HER WHAT’$APPS💯
Buy the rumor, sell the fact. We're entering a bear market that'll be worse than 2007-2009.
Says who? Your uncle who heard it from a friend?
@@chessmaster1115Says who? Your pimp told me who heard it from your stepsister. What were u doing in 1999, 2007, 2019? I'll bet two bits you're currently jerking off to paper gains, only u can click the sell button but no, you'll buy the dip, the oligarchs want your money... I don't give a flying fuck, I own 200 SQQQ Jan 16, 2026 calls. avg cost $.79.
Peter the great
Brilliant Peter. I second that You are a Legend.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Her name is. SUNITA CHACHY JOSEPH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Look into XRP. I just went in with $1000. Seems it should work out, I hope. I'm up so far.
Thanks Liz !
That guy isn't paying attention to trucking freight rates and how many trucking companies are going bust. I like these videos of Peter and that guy Andy. But he's not looking at trucking, its a bloodbath. If the economy was strong, soo many trucking companies wouldn't be going bust.
Peter was on fire tonight!
Nice to see Peter on your show. A nice breath of realism, when most of the media is talking hogwash and telling us how great things are. As a anecdote, restaurant prices have doubled in my area in the past two + years. So much for 3% inflation
After the dust settles, and the ten year starts to go uphill on rates we are in deep. We will see.
Bla bla bla just listen to Peter and ignore the noise.
I love it when Peter Schiff comes on this show, and the Andy guy is alright.
Buffet was also selling when the pandemic hit, a great entry point for people of my generation (30s, 40s) and a great period for stocks overall. My question is do you think it's a good time to consider selling some stocks too? I’m considering rebalancing my $2M portfolios and curious for the best strategies to do so.
Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
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
Wouldn't tariffs increase inflation due to the govt collecting money? May want to go for a portfolio containing govt backed securities and Gold. I don't see Bitcoin not reaching $1,000,000 at any point.
My home insurance just went up22%.
These are normal rates if anything they are lower than the historical rate avg. The rate needs to be higher to kill inflation. 😢
At least the debt will be cheaper and home buying for mortgages.
Whelp that's the last time Peter is allowed back on Fox
Lol
Gold will be $3000 by December. Credit cards rates are criminal.
Peter is the only one telling the truth here. We've been in a recession. They went in and change the definition.
Please get Peter on more often
SO MANY People are driving wrecked cars with Duct tape because they cant afford to pay their deductible in fear of auto insurance rates being increased furthermore. I never seen so many people driving wrecked newer cars in my life.😮
Hi Peter. I've just started listening to you and wanted to know why countries like Finland and Demark are consistently ranked the happiest (and recently I saw them ranked among the most free) despite having high taxes and social programs? Thanks!
It's real simple. Right now we (the US) are very top heavy in the service sector (too much over) the goods sector. We don't make anything anymore (way off of what we used to produce) in the goods sector. We have been covering this disparity with pure speculation, not really reliable over a sustained period of time. Good to see you again Peter.
Powell is the twin of Arthur Burns, Fed chair from the 1970's
My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. What strategies should I be employing in my portfolio right now?
It’s precisely at times like these that investors need to be on guard against the next certainty. Hence, finding the appropriate asset allocation and collaborating with an advlsor if you are unable to manage these market conditions.
@@dogmom-pt5we No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 80% rise from early this year. I and my CFA are working on a 7 figure ballpark goal, tho this could take till Q2 2025.
@@Andreallln could you share more info please on the advisor that guides youcould you share more info please on the advisor that guides you
@@DeannaPeters-lz8we Her name is. Sharon Crump Cline. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@@Andreallln I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Peter ❤️
Peter holds no punches 😊
Inflation will tame by printing more. Only the actors on TV can believe this kind of bull 😂
Kabuki Theatre 🎭
Sounds like a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.
Bonds are a safer bet. They offer good stable yields. But dividend stocks could make you a fortune if you know how to go about it. But it's always a good idea to work with a CFA. It streamline your strategy and help profit a lot.
I've been through the 'bonds are beating stocks' periods since the 90s with no bonds and with all aggressive stock mutual funds. At 66, my IRA and cash accounts are far more than I expected for my retirement. I can easily handle a worst-case 80% stock crash, Thanks to my CFA.
Mind if I look up your advisr please? I've worked in real estate for over 15 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
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.
Trump 2024!
Lovely Liz......
So do we start sticking up on food?
2:36 @Peter Schiff, you can here Liz whisper ‘is he crazy’
Great catch. Subliminal messaging
Peter Schiff Speaks his Mind and the Evil People are against HIM..
stiff for schiff
Good spot Peter
Peter is right
Peter Schiff 👏👏👏
Fed pivot TLT didn’t pump
With the Fed cutting interest rates by 50 bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though it's all on a brighter and splurging side for Gold, should I look that way?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
Impressive can you share more info?
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 ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
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.
Today (post FED), long term rates "ARE" indeed going up. 30y is 4.078 up 1.75%; 10y is 3.744 up 1.59%. It'll take time but the 10yr will get back over 5%.
Peter Schiff is getting fact checked like any Republican on CNN😅
Except he's checking them with the facts. PETER KNOWS ALL ABOUT THE GAMES BEING PLAYED
Her constantly interrupting Peter was very disrespectful and unprofessional.
Thats the news format. They all understand they have a minute upmost to tell their one liners and thats it. The interviewer does what they all do, manages 5 minutes to fake that there was any debate when there is none. In reality everyone knows that the show is craap and you better off listening to a podcast of these economists
It's intentional because what he said doesn't fit the narrative.
@@michaelvittori8525 Thank you.
@@michaelvittori8525A+😅
Hi Peter. Time to buy Bitcoin!!
We need hikes not cuts, we have way to high prices and still way overheated inflation 😮
The FED never aims to correct prices after inflation.
They just aim to slow the rate of inflation.
Inflation is always a number greater than zero.
We will never see yesterday's prices ever again.
Do it think this is the right approach?
Absolutely not.
vote Trump baybay!
Oh yes that will make a big difference 🤦♂️
Yeah right. 😆
Tell me you don’t understand how the economy works without telling me
He promotes lowering rates and so does kackling chick they’re both the same people and lowering rates only causes inflation 😂😂😂 these politicians ain’t saving us
@@Dreambig62 Social Security ain't saving you either and it's never warranted in the constitutional amendments. What's your point?
Peter jacked the commentary, the host she said, "Whoa whoa whoa!"
Subtract 25% inflation from the 40K DOW and your looking at a 30K DOW in value. That's where it was 4 years ago.
We will all have to duck when the Schiff hits the fan.
Uh oh 😟 😥 😰
Yeah STEAL money from WE WHO HAVE IT! Thanks Feds you CREATED THIS MIESS!
Sorry but that's not your money but your holding Fed reserve debt notes.
this didnt age well with markets hitting all time highs
Not at all, subtract 25% inflation from the 40K DOW and your looking at a 30K DOW in value. That's where it was 4 years ago.
@@kb9gkc “if you subtract an arbitrary amount that I made up from the all time high it’s not all time high anymore” 😂😂😂
Inflation = CPI^2. Inflation is still ripping, CPI has been slayed. Powell is Burns II. Once the world stops buying US debt, rates will get above 10%.
Burns had negative inflation-adjusted rates. Not the case now with Powell, so it's not the same thing.
They'll print money before rates ever go to 10%. Government could never afford the interest.
Peter for President!
Our Economy of Canada is DOOMED
❤
How's the Fed balance sheet drawdown looking these days?
A "hawkish cut"? WTF 🤷♂️🤦♂️
PETER IS A BEACON OF TRUTH,
IN A SEA OF LIES, Everyone called him crazy back in 07 when he called it correct back then, and he was Literally like the only guy speaking truth to power... and his facts havent changed, because he is correct. He doesnt flip flop he states truth. When i realized he was right...thats who i listen to, and he is very trustworthy.
Watch his old videos, your mind will be blown. So awesome