Jamie Dimon’s Alarming Economic Prediction for 2024

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  • Опубликовано: 2 окт 2024

Комментарии • 138

  • @HamishHodder
    @HamishHodder  5 месяцев назад +2

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    • @1smallball
      @1smallball 5 месяцев назад +1

      Finally someone to help me drive my pipe more efficiently.

    • @lynb1022
      @lynb1022 5 месяцев назад

      Re: video topic, recommend you read a blog called "Wall Street on Parade".

  • @CliveBirse
    @CliveBirse 4 месяца назад +370

    is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?

    • @ThomasChai05
      @ThomasChai05 4 месяца назад +4

      If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.

    • @mariaguerrero08
      @mariaguerrero08 4 месяца назад +3

      Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

    • @mikegarvey17
      @mikegarvey17 4 месяца назад +3

      @@mariaguerrero08Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

    • @mariaguerrero08
      @mariaguerrero08 4 месяца назад +2

      *Gertrude Margaret Quinto* 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.

    • @91ScottieP
      @91ScottieP 4 месяца назад +1

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @jahhflies
    @jahhflies 5 месяцев назад +104

    I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

    • @chrisrosario-kb3nw
      @chrisrosario-kb3nw 5 месяцев назад +1

      She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

    • @MaiDaniella-mr2gq
      @MaiDaniella-mr2gq 5 месяцев назад +1

      I'm new at this, please how can I reach her?

    • @UsamaG-mq1jy
      @UsamaG-mq1jy 5 месяцев назад +1

      I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

    • @jahhflies
      @jahhflies 5 месяцев назад +1

      she's mostly on Instagrams, using the user name

    • @jahhflies
      @jahhflies 5 месяцев назад +1

      FXMILLER15 💯.. that's it

  • @SeanTalkoff
    @SeanTalkoff 4 месяца назад +269

    Given the uncertain economic conditions and heightened global tensions, I'm considering investing over $400k in stocks. However, I'm uncertain about how to minimize potential risks.

    • @DavidCovington-st2id
      @DavidCovington-st2id 4 месяца назад +2

      Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.

    • @DavidCovington-st2id
      @DavidCovington-st2id 4 месяца назад +2

      My CFA ’’ Vivian Carol Gioia, 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..!

  • @84gaynor
    @84gaynor 5 месяцев назад +148

    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?

    • @sommersalt88
      @sommersalt88 5 месяцев назад +1

      Investing is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.

    • @sommersalt88
      @sommersalt88 5 месяцев назад +3

      She goes by ‘Jennifer Leigh Hickman’.......I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did

    • @Curbalnk
      @Curbalnk 5 месяцев назад

      I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @trent7893
    @trent7893 5 месяцев назад +30

    Keep his eyes open and stay out of jail 😂

  • @thetruth4829
    @thetruth4829 5 месяцев назад +16

    lol banks telling me to sell hahahahaha

  • @kahaiberieli2962
    @kahaiberieli2962 5 месяцев назад +4

    I'm in a trucking industry and i know exacltly how bad situation is. i think something really bad is ahead of us.

  • @87XimenaSalazar
    @87XimenaSalazar 5 месяцев назад +77

    Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 15B TC in the space of a few weeks... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

    • @georgigeorgiev6521
      @georgigeorgiev6521 5 месяцев назад

      I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

    • @79AdventureBaby
      @79AdventureBaby 5 месяцев назад

      Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

    • @seandavis8930
      @seandavis8930 5 месяцев назад

      The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

    • @charadreemurr4221
      @charadreemurr4221 5 месяцев назад

      What I appreciate about Linda Wilburn. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly..........

    • @Mikeygrady
      @Mikeygrady 5 месяцев назад

      Productivity is never accidental; it is always the result of careful planning, dedication, and consistency.

  • @jonathantaylor6926
    @jonathantaylor6926 5 месяцев назад +12

    My dogs bag of food just went up 19.2%. That sort of price increase would be unheard of 5 or 7 years ago. Prices always go up but usually by 50 cents or a dollar on something like a bag of dog food. This stuff is sold on a massive scale so even small price hike generates millions in additional revenue. Honestly dog food is a good indication of inflation because it's a recipe of different grains and meats, has to be manufactured and shipped. So the sector takes into account the cost of several commodities, labor and manufacturing cost and trucking since dog food is heavy and bulky. The official CPI is a total lie the only real question is does the FED believe its own propaganda?

    • @snakegriffin4928
      @snakegriffin4928 5 месяцев назад

      Haha believe it? The FED is the one producing it through its subsidiaries in order to hide the eroding effects of incessant money printing. There’s only one thing worse than Death and taxes. And that’s the invisible tax of inflation

    • @CharlieBam
      @CharlieBam 5 месяцев назад +1

      Crazy, the official inflation rate since 2020 is something like 20%. I'm thinking closer to 50% or more.
      I think the new inflation measuring system leaves more than half of the real inflation out.

  • @wwav9921
    @wwav9921 5 месяцев назад +3

    Technology ultimately only helps the boss. Not the worker. Hourly rate never increases lol.

  • @Barr894
    @Barr894 5 месяцев назад +3

    He’s had an alarming prediction for the last ten years. He’s still off by a year. Inflation will destroy the economy and rates are headed up, but it will take a year for the full effect to take place - next year.

  • @alanhamford2538
    @alanhamford2538 5 месяцев назад +2

    The sun is rising in the East and setting in the West.

  • @brodyalden
    @brodyalden 5 месяцев назад +2

    Thanks Hamish

  • @ajoflow
    @ajoflow 5 месяцев назад +2

    TLDR: it may go up, it may go down

  • @Siderite
    @Siderite 5 месяцев назад +2

    Hodder Corp bonds! Where to buy?!

  • @augustoliver2779
    @augustoliver2779 5 месяцев назад +1

    Your presenting style is good, making videos. Just not a fan of the doom and gloom content.

  • @julius_paulin
    @julius_paulin 5 месяцев назад +2

    Great job in explaining the PV calculation! Great video :)

  • @DarcyMifsud
    @DarcyMifsud 5 месяцев назад +1

    As a young Australian investor, Your videos are GOLD ! Keep them coming Hamish

  • @rlhaff3560
    @rlhaff3560 5 месяцев назад +1

    Dimon is supposedly a Democrat… except when it comes to Corporate taxes and handouts. Speaks out of both sides of his mouth.

  • @lewis809
    @lewis809 5 месяцев назад

    Hamish please can you do a video about investing in more cyclical companies? They seem to go on sale when people fear a recession on the horizon, but I don’t know whether the potential collapse of sales in the future makes the company undervalued as of today or not. Really need some help in this area!

  • @Klugewicz
    @Klugewicz 5 месяцев назад +1

    The explanation of economic productivity was amazing in this video. I was always confused by the concept until this.

  • @brunogoodma
    @brunogoodma 5 месяцев назад

    Also, I think the perspective of having businesses spendings solely corelating to cost of labour per productivity is paradoxal, as labours are consumers as well. Businesses have been requiring less staff overtime and at the same time returning less money to labours through salaries, investing production into b2b solutions and AI(which is likely multitudes in scale of the prev mentioned effects), therefore making their labours/consumers less capable of purchasing. So although I agree with the shallow notion, in the wide scheme of things, it misguide to drawing a hasty conclusion that is multilateral damaging and inflactionary increasing not deflationary. Less good salaries, less job opportunities, less purchassing power divided by companies marginal increase in profitability due to lesser production costs.

  • @brunogoodma
    @brunogoodma 5 месяцев назад

    Define to me what is a ' very strong labor market ' ? I think we don't have a very strong labor market because labors have been continuously pressure in their income agaisn't the purchasing power. A very strong labor market would means that people would hold to their jobs for long periods and their income would suffice to purchase their first property, not to presure them out of their home rental. Its rather a very weak and fragile labor market that requires constant employee rotationing, high rates of unemployment, constant self investment and low and receading income across the board.

  • @greyrideroutlaw7826
    @greyrideroutlaw7826 5 месяцев назад

    What sould I do with my money if he is right? Should I move my money to his bank and get paid 0.01%? While he makes millions for delegating the work of running the bank.

  • @brodyalden
    @brodyalden 5 месяцев назад +5

    Hamish, the fed doesn’t have a “2% annual inflation target”; they changed their policy in the past few years, and are now targeting 2% inflation OVER TIME. And they don’t define that. Very important datapoint.

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад

      If what you are saying is true then at some point bond investors come to the same realization, and demand more yield. This is why the FED has not and will not officially change its 2% target... yields would spike and bond prices would puke before Jerome could even finish the sentence.

    • @brodyalden
      @brodyalden 5 месяцев назад

      @@jonathantaylor6926 lol

    • @brodyalden
      @brodyalden 5 месяцев назад

      @@jonathantaylor6926 they did. Past tense. Years ago.

  • @giggittygiggitty7283
    @giggittygiggitty7283 5 месяцев назад

    lol remember the inflation reduction act they celebrated passing. . lol

  • @JeDxDeVu
    @JeDxDeVu 5 месяцев назад +1

    What’s it matter to him. He gets bail outs

  • @masoncnc
    @masoncnc 5 месяцев назад

    Still waiting for his 2023 hurricane

  • @brodyalden
    @brodyalden 5 месяцев назад +4

    Inflation is (has always been these past few years) supply sided.

    • @motrock93b
      @motrock93b 5 месяцев назад +2

      And the increased money supply allows purchasers to pay more money for these items. Without this added money in the pockets of those bidding at the auction for the same items, inflation overall simply can't happen (Simplified). I miss The Gold Standard.

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад +2

      Yeah, the supply of dollars.

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад

      @@motrock93b Yeah how many people have inherited a million dollar house that really should be worth 400K?... that extra 600,000 of free money to the heirs goes out and buys all sorts of crap. None of that demand should exist.. and its not just the heirs.. they buy a 75K boat (with money they shouldn't have) and now the boat salesmen goes out a buys a motorcycle with the profit he made.. then the motorcycle salesman buys a TV and so on... that free money infects the economy like a virus.

    • @brodyalden
      @brodyalden 5 месяцев назад

      @@jonathantaylor6926 you have no idea what you’re talking about.

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад +3

      @@brodyalden Inflation is a monetary event. Your making excuses will never change that fact.

  • @JackAtkins-xz5wi
    @JackAtkins-xz5wi 5 месяцев назад

    Pope Francis will intercede for You to Me.

  • @NLS336
    @NLS336 5 месяцев назад

    "Biden,...if he can keep his eyes open" got em

  • @bdk88
    @bdk88 5 месяцев назад +1

    Hamish, your videos are ok for the most part, but there is a fatal flaw here which you and the viewers need not to be misled by. "A 2% increasing in interest rates led to a 17.5% decline in value". This characterisation, and your insinuation is ABSOLUTELY INCORRECT. The correct terminology is 200basis points , which in interest rate rise is extremely uncommon and takes a very long amount of time. In fact, the situation you described is one where interest rate rose by 5/3 = 66%, yielding the 17% decline in value. Please, no need to be alarmist and spread misinformation, educate yourself before publishing these.

  • @Uncletoast52
    @Uncletoast52 5 месяцев назад

    We’re only as smart as our next tank of gas.

  • @castafinance
    @castafinance 4 месяца назад

    The shots at these two presidents 😂

  • @tovsteh
    @tovsteh 5 месяцев назад

    We live in a post truth economy.

  • @pictureworksdenver
    @pictureworksdenver 5 месяцев назад

    The boy who cried wolf.

  • @peterholmes2089
    @peterholmes2089 5 месяцев назад

    Dimons comments don't typically carry any weight with me. He always seems to be making bad predictions. The truth is, no-one really knows what will happen. However, in this case, it sounds like he is planning for a wide range of outcomes, which is what investors should do anyway.

  • @grimaffiliations3671
    @grimaffiliations3671 5 месяцев назад +5

    This guys been predicting a recession for the past few years lol

    • @gregkonwinski4910
      @gregkonwinski4910 5 месяцев назад +2

      We’re in one, so he’s been correct. Started in november of 2023, will find that out when they backdate it in the next 6-12 months.

    • @humanbeing5300
      @humanbeing5300 5 месяцев назад

      Well a recession is a guarantee the only question is when so eventually he’ll be correct 😂

  • @mikeseigle5560
    @mikeseigle5560 5 месяцев назад

    His support for Obama and Biden hopefully is something he regrets.

  • @tomlawler1079
    @tomlawler1079 5 месяцев назад

    i like this guy.....he says technical stuff.....but in a way i can understand

  • @imnotanalien7839
    @imnotanalien7839 5 месяцев назад

    If there is persistent money printing, there will be persistent inflation.

  • @Vgallo
    @Vgallo 5 месяцев назад

    Trump said he would cut spending last time

  • @leecaryer2569
    @leecaryer2569 5 месяцев назад

    Except the interest rate analysis does not include taxation

  • @nonexistent5030
    @nonexistent5030 5 месяцев назад

    Saying the deficit is high "in spite of" a very strong labor market is misleading. The labor market is only strong *because of* the high deficit.

    • @grimaffiliations3671
      @grimaffiliations3671 5 месяцев назад

      Yup, the private sector relies on government deficits. A governments deficit is our surplus, so calling for a "balanced budget" is basically just calling for the government to throw the private sector into deficit. That = recession

  • @shaunofsouthaustralia7170
    @shaunofsouthaustralia7170 5 месяцев назад

    Hodder Corp Bonds for the win!

  • @LalaPala-ml2or
    @LalaPala-ml2or 5 месяцев назад

    yeah, sure

  • @asan1050
    @asan1050 5 месяцев назад

    Thanks for posting this video

  • @Muza-f8k
    @Muza-f8k 5 месяцев назад

    Качество жизни важнее чем деньги и статус

  • @TheReader6
    @TheReader6 5 месяцев назад

    Taxes are not valid if we can just print money. We either need to stay within budget and tax or just inflate the currency. Inflation is universal tax. We will need 80% inflation to get out of our debt.

    • @grimaffiliations3671
      @grimaffiliations3671 5 месяцев назад

      the government doesn't tax because it needs our money, it taxes to create demand for the dollar. theydoesn't even use tax money after we pay it

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад

      The idea that the USA "can inflate way its debt" is an absurd lie. Whenever anyone makes that claim I ask a simple question- when do they plan to start doing that? Lol never because they can't and the reason is very simple... the inflation rate and yields are correlated.. if inflation is 10% nobody is loaning you money to buy a house for 9%. They won't even loan the government money for 9%... investors need positive REAL YEILD (yield - inflation rate) or they will not buy. So if the FED makes a real attempt to inflate away the debt a mortgage for a house will be 16% or 20% depending on the inflation rate and that would break everything including all banks. They would all be insolvent from massive bond losses since bond price is inverse of yield.

  • @Nyhiak
    @Nyhiak 5 месяцев назад

    So tired of billionaires begging for more tax breaks.

  • @bordua98
    @bordua98 5 месяцев назад

    Great video
    :)

  • @grimaffiliations3671
    @grimaffiliations3671 5 месяцев назад +2

    Pretty much all the remaining inflation is in "owner equivalent rent" which no one actually pays. Take that out and we're below the fed target

    • @jonathantaylor6926
      @jonathantaylor6926 5 месяцев назад

      Fake money within an imaginary transaction has zero effect on inflation. OER is only done to artificially juice the GDP number. It causes zero inflation.

    • @hanzn6784
      @hanzn6784 5 месяцев назад +1

      lmao

  • @miniminamanmina3715
    @miniminamanmina3715 5 месяцев назад +2

    Who could believe this wizards predictions , anything that goes wrong he ( Diamond ) will be bailed out by trillions in printing by government to the banking financial industry . I evacuate myself on his evaluations.

    • @aotk.mp4
      @aotk.mp4 5 месяцев назад

      In 2008 JP was ahead of the curve in dropping subprime and was actually the one bailing out other banks ;)

  • @MrFastFarmer
    @MrFastFarmer 5 месяцев назад

    AI is all smoke and mirrors mate.

  • @andthefunkybunch1466
    @andthefunkybunch1466 5 месяцев назад +1

    Hmm, I just zoned out when you made your political jabs. Stick to finance stuff mate

    • @Daniel-ld3zi
      @Daniel-ld3zi 5 месяцев назад +1

      Took longer for you to whine and make this comment then the time he spent joking about both candidates.

  • @obrienortega6942
    @obrienortega6942 5 месяцев назад

    Don’t believe everything you read and see. We don’t know when the markets are going to crash. The best thing we can do is to stay vigilant and prepare.

  • @commonsenseisntcommon1776
    @commonsenseisntcommon1776 5 месяцев назад

    Bribenomics is SH!T

  • @commonsenseisntcommon1776
    @commonsenseisntcommon1776 5 месяцев назад

    FJB!

  • @shehzadshekani5618
    @shehzadshekani5618 5 месяцев назад

    lies

  • @greigsanderson
    @greigsanderson 5 месяцев назад +5

    Trump can technically be president from prison.