I feel one Of the greatest challenges is that we all tend to put our heads on one basket and unemployment has been at its high rate in this present administration
I think Coach Hilder trades for everyone I meet. I met her twice at a meeting in Connecticut and after her lectures from her. I had to personally ask her to be my financial advisor. she is definitely good.
We will only see inflation on housing market due to supply issue but otherwise we won't see inflation in other sectors is my best guess, we don't have supply chain issues anymore
@@chriss4365If the fed didn't lower the interest rate to near zero, we would have a prolonged recession in 2020. You should be thanking these experts that they are at least trying to do something. If there was no fed, we would all be withdrawing our money from the banks, stock market and there would be all out chaos.
@@aromanmcse That has nothing to do with it. The problem besides HR choosing not to respond is also part of the ATS system that just scan resumes. If you are in HR would you want to look through 1,000+ resumes a day or let some ALG do it? And the sad thing is I graduate with 2 associates and 1 bachelor (June 2023).
I have a great job, but I’m always applying to see if I can land something better. I’ve been applying to jobs for a year and haven’t gotten a single interview. My skills are highly valuable and my resume is good imo. Jobs are posted and within an hour there’s a 100+ applicants… people are DESPERATE for work rn. If people are glued to their phones/computers to apply to the job listing that just came on, it means we’re not in a good place economically. I think we need to get rates down to 4.5-5% and just let them sit there for a while. We need a quick drop in rates, not a slow drop. Just get them down to where you want them and everyone will move on. Businesses will start hiring more and everything will eventually balance out. Prolonging the drop in rates will just put more pressure on the job market.
I don’t think people realize that these prices are here to stay, and it’s gonna continue to be a struggle until wages catch up and God knows how long that will take.
Of 'if'. Inflation might stay ahead of wages, effectively, forever. We've borrowed so much against the future in theory, the future might be hear, and our debt holders are officially eating our lunch now.
I would too. But low interest rates really aren't good for the economy in the long term. They create asset bubbles and encourage speculation. Read The Price of Time by Edward Chancellor for more insight and enlightenment into this topic.
We will probably get there next month. August dropped from 2.9 to 2.5. Oil and energy continue to fall and the rate cut takes months to affect the economy. I say the next CPI is 2.1 or 2.2. Canada is already at 2.
The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $280,000 savings vanish after putting in so much effort to accumulate them.
@@Bobhenry-c7z Right, investing with the help of an advisor set me up for life, retired as a millionaire at 55. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually, until the 2020 covid lockdown. I wouldn't have supplemented my income with stocks and alternative investments if it wasn't for the crisis. Find the Positive in every situation.
@@EvanLiam-w9s bravo! I've been getting suggestions to consider financial advisory, but where and how to find someone reputable has been challenging, mind if I look up the advisor guiding you please?
@@purplebliss6875 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.
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
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
“Viviana Marisa Coelho” 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
What's missing in this report? Spending. Interest rates and employment won't mean a hill of beans until government spending is cut. That's the only way to increase jobs and stimulate industry and consumer spending.
@@NeoEngineCorp Yeah let's have everyone work for the government 35.5 trillion $ in the hole and give them all a million dollars too! Economic problems solved!
Isnt this funny? Everything depends on it: From buying your new iPhone with a credit, to the stability of governments and yet nobody has any certainty.
1. stop corporations buying homes 2. more homes for people in apartments to move into 3. more homes = lower prices 4. apartments become cheaper as more people buy homes 5. people have more money to spend 6. people spend their excess income 7. employers need more employees to handle the increased business 8. more people with jobs buying things
I would never pay another mortgage in America! The oligarchs will never allow anyone to pay off their mortgage and own their home! America is now a communist socialist corrupt country. Don't forget 2008! Then 2020. If you can't pay your mortgage off in 5 years, you will be foreclosed on! Listen to what was said about lay-offs! The oligarchs own the businesses and the banks! That means you will never own anything!
He has done very well. He had to deal with the record amount of money dumped into the system. The American Rescue Plan did exactly the opposite for Americans by devaluing the dollar and accelerating inflation to unsustainable levels that have done permanent damage.
That has nothing to do with whether or not the Fed should cut rates. The current rate of inflation (specifically CPI and PCE, which is a hair under 3% and trending downward) combined with some other variables (unemployment rate, PPI, etc.) are what determine that. Inflation is nearly where it should be, about 2%, and adjustments to the Fed funds rate have a delayed effect, so they don't want to wait until inflation hits 2% to cut - by then it's too late and we would be headed into a recession. They're right to cut now, and to cut aggressively (I expected 25 basis points but was pleasantly surprised to hear it would be 50, which I think is the right call).
Are you in crazy debt or something?I'm living on 1300 a month in Hawaii.What are you talking about?What are you spending money on?Maybe you're spending beyond your means.Could it be your fault
At first I thought you were trying to do a Haiku, I had to remember my elementary school days 😂 Then I realized, balance the budget? It’s just some sheer mental illness poem at that point
The rate cuts are perplexing, especially considering the persistent high cost of living. For example, a dozen eggs still cost a ridiculous $6. It seems like the perception of inflation being under control is out of touch with reality
Fighting inflation isn’t about prices going down, it’s about slowing the rate at which prices increase. Prices aren’t going back down and you don’t want them to. Because that deflation will mean a recession.
Not sure whether Americans (in their little insular world) that THIS SAME THING IS PLAYING OUT IN EVERY OTHER COUNTRY ON THE PLANET! Eggs are $11 where I live. 2 years ago they were $3.50-$4 And gas... is $9 a gallon... is that what you are paying?
@@donttalkcrap everyone thinks they got a magic solution, but the reserve is beyond political party squabble they're genuinely doing their best. I hope some see that.
This is why there should be no fed controlling our financial destiny, determining when there will be a recession and thinking they can control how many people will be hurt when it should not be a government edict that does such a thing the first place.
Exactly, it’s a shame what these mega bankers have done to the economy. It’s all a facade. Fiat money has always led to the destruction of nations. Every time.
I'm no economist, but messing with interest rates seems like such a blunt tool to deal with inflation and unemployment. And I'm guessing that the people most negatively impacted are in the lower income bands. 🤔
I think is because low interest rate will be very beneficial for those with asset and stocks investment.. most lower income people don't have assets or stocks
@@heatherm2428This is 100% true no matter which aisle of the fence that your on. The good thing, is that Id rather be poor in America than poor in Guatemala, Haiti, Venezuela, or Cuba.
I like how Jerome Powell openly admits there was no science or math or any type of real process behind these decisions. That's really comforting. "We thought about what to do and we concluded this is the best course" Anyone can be a fed chair, just be old.
1. Powell waited too long to raise rates. 2. Trump poorly negotiated the OPEC deal that kept prices high. 3. Republicans gave institutional real estate investors too many incentives to buy up single family homes during an inventory shortage (what could possibly go wrong). 4. Consumers kept buying as retail inflation outpaced cost inflation. They should have immediately cut back on discretionary spending. 5. They're eating the dogs and the cats of the people who live there.
How does that happen when you have pension funds, private equity, investment firms, corporations buying up real estate. Your money can’t compete with their money. They collude to hike rents up to make a profit and you are left unable to buy a home and have to have a roommate despite paying $1k plus for a room. Short term rentals super popular. Make money without the costs and standards of a hotel
Shorters kept spreading fake analogy on fed cuts 50bps due to urgency. Fed already mentioned it's decisions is due to not lagging behind as they did not cut 25bps on July.
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...)
I began investing in stocks and Def earlier this year, and it is the best choice I've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.
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.
those new jobs they are counting are part time and 2nd jobs for people. There really isn't any real job growth. Layoffs are massive and continuing which is why so many are now working two part time jobs and the powers that be count that as job growth.
There’s NEVER not been a recession after rate hikes like this and the insane inversion of the yield curve. To think “this time is different” is delusional beyond degrees of mental asylum.
The graph at 4:39 is misleading. Despite earlier on mentioning that we started at basically 0, that graph starts at 4, to make it look like a steeper cut than it is in reality. It makes it look like we are cutting 1/3 of the total possible distance.
Big Corporate controls supply and demand,as well as hiring practices.It’s a vicious cycle that will never end,unless the economy collapses then they’ll look to the government for bailouts such is the way of the economy we live by.
the graph and the voice over saying that prices rose 7% and then went down is not true. Prices didn't go down, inflation did. But inflation is the measure of the rate of change of prices. We would need to have negattive inflation for the prices to go down. This didn't happen (thank god).
Japan has been tightening its monetary policy for decades. This has caused Japan's economy to stagnate. While other countries are working hard to make their own countries prosper. I envy foreign countries.
@colevonrichthofen348 yes, that's what I'm referring to. But i think prices and inflation will start rising with the rate cuts; USA is still a net importer of essential goods. As long as other nations are producing our essentials, we will have inflation
I still paid $29 for a Amazon can opener. I tried to get in the store but bought junk. But for just the opener $20. In the last depression that was 2 weeks salary for example.
You're not telling the whole story - what if businesses don't need to hire more simply because productivity is surging? Moreover, you're depicting a mountain the size of Everest, when if you zoom out, rates hike in the last couple years might look like a hill, not even a mountain
With markets tumbling, inflation soaring, and the Fed lowering interest rate which means more red ink for portfolios. I'm still at a crossroads deciding if to liquidate my $125k bond/stock portfolio, or are there ways I can safely profit from this volatile mkt?
An uptick in volatility is not necessarily a bad thing, there are opportunities to be found even in this whirlwind. Best advice just get yourself a seasoned advisor to guide you in this current market
Exactly why i enjoy my day to day market decisions being guided by a portfolio-advisor, seeing that their entire skillset is built around going long and short term 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 outperform. I've been using an advisor for over 4 years since the pandemic, and I've netted approx. $1.3m after 100s of thousands invested so far.
Annette Louise Connors is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
You are not getting it! The economy is plummeting and the interest rates is going down because of Deflation. Troubling signs in the automotive industry in Germany …
I think we don't need so many economics correspondents for our job market. Can we start by firing them or reducing their salaries if we need to lay off employees?
There's another round of inflation happening right now, from stores to services increasing in cost. Unfortunately the fed are too quick to lowering the rate
The hard truth is “ WE ARE AS SELFISH AS CORPORATIONS”. I am disgusted to say this but thats the fact. I live in Boston MA, the worst city and state in terms of housing affordability in the entire country. Zoning laws are so bad and even when cities and districts reach out to make corrections and allow permits for multi-unit homes, WE REFUSE. We ve done this multiple times. Reason - we dont want our property prices to go down. Just the irony here😮. Reason why housing is unaffordable - everyone who thinks zoning laws should stay the same.
The reason they have kept interest rates so low since 2008 is due to the NATIONAL DEBT!!! They only raised them because they had no other choice given the covid nightmare. When the interest rate goes up, so does the interest payment on (35.4 TRILLION) dollars!!! It's not that hard to figure out. The interest payment on the debt is currently the 3rd largest line item on the Federal budget. In a couple of short years, the debt payment with be the largest budget item. We are in serious trouble when this bubble pops!
Huge! Been trying to trade on my own for a while now, but it isn’t going well. few weeks ago I lost about $70,000 in the trade. Can you please at least advise me on what to do?
The rate cut is a very bold move by the Fed to stimulate economic expansion, ease financial conditions and address inflation concerns with potential benefits for consumers.
But won’t this cut lead to increase borrowing, potentially fueling inflation? When interest rates are cut, borrowing becomes cheaper which can lead to increased consumption
Not necessarily, the cut will primarily benefit existing borrowers, reducing the cost of debt servicing, allowing individuals and businesses to allocate more resources towards other expenses or savings
And investors will see increases returns on investments, stimulating economic growth because lower interest rates make borrowing cheaper, which can lead to various sectors increased investment.
But what about savers? They’ll earn lower interest rates, hurting their income. Lower interest rates can indeed reduce the income earned by savers, particularly those relying on fixed income investments.
True, but the benefits to borrowers and investors outweigh the cost to savers. When we consider the broader economic landscape, the advantages of lower interest rates becomes clear
So go out and work 2 jobs because that what it takes for some to simply survive. The inflation numbers in this video are way off. Just look at food prices from 6 years ago to today. Prices are not up only 2% per year. It’s much higher than that.
America should do what India did. Keep an inflation "target". Of around 4%. With a wiggle room of around 2 % on either side. Meaning, keeping inflation anywhere between 2 to 6% at all times. This will make companies more profitable, businesses will stay open, jobs will be available, and even though consumers will have to pay more for products, it will stimulate the economy in a way. Its a 3-4 year process, and takes time. The biggest problem in the US is debt. And this is a way for people to stop overspending on their credit cards. Economic stability begins with the citizens first.
It sounds like a terrible idea. The Fed is one of the cornerstones of the robustness and success of the American economy relative to the basket case that is most of the rest of the world.
Read more about the Fed’s decision to cut rates by half percentage point: on.wsj.com/3TCeZSy
I feel one Of the greatest challenges is that we all tend to put our heads on one basket and unemployment has been at its high rate in this present administration
Can y’all share your portfolio going into the month of October related to Crypto/ Forex investment. I’d love to trade mine with an expert.
I think Coach Hilder trades for everyone I meet. I met her twice at a meeting in Connecticut and after her lectures from her. I had to personally ask her to be my financial advisor. she is definitely good.
Coach Hilder is definitely the best so far. she always surprises me with amazing results.. We also plan to surprise her. You must have heard of it.
It's amazing that you all got to know her. she has been a blessing in the crypto space.
When the FED raises rates: "RECESSION!"
When the FED lowers rates: "RECESSION!"
move along
Yes!
Onward
😂😂😂
Fear over everything....I'm just trying to time my move into a new house in late spring early summer lol
Recession was already priced into small caps
If they manage to cut rates significantly without causing a recession or a another inflation crisis in the short term, I'll be truly impressed.
Of course they will, it's an election year. They want Harris to win. She will save the country from a recession!
We will only see inflation on housing market due to supply issue but otherwise we won't see inflation in other sectors is my best guess, we don't have supply chain issues anymore
They never have. They caused this mess. Insanity that the thing that caused the problem is the solution.
@@chriss4365someone does not understand the complexity of macroeconomics
@@chriss4365If the fed didn't lower the interest rate to near zero, we would have a prolonged recession in 2020. You should be thanking these experts that they are at least trying to do something. If there was no fed, we would all be withdrawing our money from the banks, stock market and there would be all out chaos.
ban corporations from buying single family homes!!!!!
This needs to be retweeted
@@theintellect5004this isn’t twitter
Then who will build single family homes?
@@cisium1184families
@@cisium1184my uncles homie!
Those jobs aren't there. I keep on applying to where you don't know if HR will even respond at all.
This a fact
Time to up your skills game so you can be in higher demand
@@aromanmcse That has nothing to do with it. The problem besides HR choosing not to respond is also part of the ATS system that just scan resumes. If you are in HR would you want to look through 1,000+ resumes a day or let some ALG do it?
And the sad thing is I graduate with 2 associates and 1 bachelor (June 2023).
I have a great job, but I’m always applying to see if I can land something better. I’ve been applying to jobs for a year and haven’t gotten a single interview. My skills are highly valuable and my resume is good imo. Jobs are posted and within an hour there’s a 100+ applicants… people are DESPERATE for work rn. If people are glued to their phones/computers to apply to the job listing that just came on, it means we’re not in a good place economically.
I think we need to get rates down to 4.5-5% and just let them sit there for a while. We need a quick drop in rates, not a slow drop. Just get them down to where you want them and everyone will move on. Businesses will start hiring more and everything will eventually balance out. Prolonging the drop in rates will just put more pressure on the job market.
@@FireyCamwhat’s your degree
I don’t think people realize that these prices are here to stay, and it’s gonna continue to be a struggle until wages catch up and God knows how long that will take.
Of 'if'. Inflation might stay ahead of wages, effectively, forever. We've borrowed so much against the future in theory, the future might be hear, and our debt holders are officially eating our lunch now.
@@ryaandnice Our biggest debt holder is ourselves. Look it up.
you are correct.
I prefer the slow and steady route back down to 2%.
I would too. But low interest rates really aren't good for the economy in the long term. They create asset bubbles and encourage speculation.
Read The Price of Time by Edward Chancellor for more insight and enlightenment into this topic.
Back Down to 2%
We will probably get there next month. August dropped from 2.9 to 2.5. Oil and energy continue to fall and the rate cut takes months to affect the economy. I say the next CPI is 2.1 or 2.2. Canada is already at 2.
The Feds has unleashed chaos! every day we encounter novel challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $280,000 savings vanish after putting in so much effort to accumulate them.
Overall, analysts are more bullish on Nvidia stock, however it's important to consult with a financial advisor before making any investment decisions
@@Bobhenry-c7z Right, investing with the help of an advisor set me up for life, retired as a millionaire at 55. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually, until the 2020 covid lockdown. I wouldn't have supplemented my income with stocks and alternative investments if it wasn't for the crisis. Find the Positive in every situation.
@@EvanLiam-w9s bravo! I've been getting suggestions to consider financial advisory, but where and how to find someone reputable has been challenging, mind if I look up the advisor guiding you please?
Don't just blame the fed it's government as well that is running a deficit.
@@purplebliss6875 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.
Fed is not the problem. Almost all American income goes to rent/morgage!!! Not going out that much anymore and spend on uselsss thing
There are plenty of ways to take money out of the system apart from raising rates. But Congress would have to do it, so yeah, not possible.
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
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
“Viviana Marisa Coelho” 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 looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks.
You have to delete and repost. Historically low interest rates in 2022? You must mean 2020.
they dropped in 2020, and lasted till 2022. no?
@@therealtrashman456correct
“Starting [hikes] from historically low interest rates… in 2022”
What's missing in this report? Spending. Interest rates and employment won't mean a hill of beans until government spending is cut. That's the only way to increase jobs and stimulate industry and consumer spending.
How does cutting government spending increase jobs?
Cutting government spending will DECREASE jobs
@@NeoEngineCorp Yeah let's have everyone work for the government 35.5 trillion $ in the hole and give them all a million dollars too! Economic problems solved!
What will happen then Government increase Funding to Private Sector.
Just give me 4% mortgages and I’ll be happy
In other words nobody knows what to do. It's all guesswork.
Isnt this funny? Everything depends on it: From buying your new iPhone with a credit, to the stability of governments and yet nobody has any certainty.
Always has been
Always will be…
But at least we have better idea, on what if, what if
Or whatever you do not everyone is happy.
No, not at all, you just don't understand and want to pretend otherwise.
should have not cut rates yet
oh they had to. they need to cut them further. but theyll need to wait a couple months and space them out to avoid more panic. economy's effed.
Gas was held over 3 dollars a gallon for over 3+ years that created a problem
1. stop corporations buying homes
2. more homes for people in apartments to move into
3. more homes = lower prices
4. apartments become cheaper as more people buy homes
5. people have more money to spend
6. people spend their excess income
7. employers need more employees to handle the increased business
8. more people with jobs buying things
Banks will hate that.
Not everybody can or should own a home.
I would never pay another mortgage in America! The oligarchs will never allow anyone to pay off their mortgage and own their home! America is now a communist socialist corrupt country.
Don't forget 2008! Then 2020. If you can't pay your mortgage off in 5 years, you will be foreclosed on! Listen to what was said about lay-offs! The oligarchs own the businesses and the banks! That means you will never own anything!
@@desiretoexcel6078 where does it say that?
That jump from 1 to 2 makes no sense.
The timing of this Fed rate cut is quite suspicious.
I believe Jerome Powell has been extraordinarily good at his job.
He has done very well. He had to deal with the record amount of money dumped into the system. The American Rescue Plan did exactly the opposite for Americans by devaluing the dollar and accelerating inflation to unsustainable levels that have done permanent damage.
Lol no presidential election interjection btw
Everything is still too expensive
That has nothing to do with whether or not the Fed should cut rates. The current rate of inflation (specifically CPI and PCE, which is a hair under 3% and trending downward) combined with some other variables (unemployment rate, PPI, etc.) are what determine that. Inflation is nearly where it should be, about 2%, and adjustments to the Fed funds rate have a delayed effect, so they don't want to wait until inflation hits 2% to cut - by then it's too late and we would be headed into a recession. They're right to cut now, and to cut aggressively (I expected 25 basis points but was pleasantly surprised to hear it would be 50, which I think is the right call).
Are you in crazy debt or something?I'm living on 1300 a month in Hawaii.What are you talking about?What are you spending money on?Maybe you're spending beyond your means.Could it be your fault
announcement was made like 2 hours ago pal
@alysononoahu8702 my rent is 1300 a month and that's cheap.
Yeah, it's still expensive.
Feds who went to school for a decade: "We just turn a couple of these buttons and see what happens"
They should keep cutting rates!
Balance the budget
Stop printing money
Low cost free trade
Stop price gauging
Stop ✋ Price Gouging No.1.
What price gouging?
You need to study economics.
@@cisium1184yeah he stop, we have to print money to lower rates come on
At first I thought you were trying to do a Haiku, I had to remember my elementary school days 😂
Then I realized, balance the budget? It’s just some sheer mental illness poem at that point
We’re already in a recession. Things are gonna get way worse.
Not sure what country you live in buddy.
That pic of JPow in that graph was very helpful, thank you
inflation is down? so you mean when i bought some bread, milk, and eggs at the grocery store yesterday for $28 that was just a fever dream???
Inflation is down, prices are not. This is simple stuff
He said INFLATION is down. He did not say PRICES are down.
Did you even go to school 🤦
Do you understand what inflation is? Low inflation doesn’t mean prices go down.
I LOLed at "Recession long predicted by economists."
Next month is always recession according to experts, since 2010.
Another discount for billionaires to buy up all the available homes👌🏽
The rate cuts are perplexing, especially considering the persistent high cost of living. For example, a dozen eggs still cost a ridiculous $6. It seems like the perception of inflation being under control is out of touch with reality
Fighting inflation isn’t about prices going down, it’s about slowing the rate at which prices increase. Prices aren’t going back down and you don’t want them to. Because that deflation will mean a recession.
Not sure whether Americans (in their little insular world) that THIS SAME THING IS PLAYING OUT IN EVERY OTHER COUNTRY ON THE PLANET!
Eggs are $11 where I live. 2 years ago they were $3.50-$4
And gas... is $9 a gallon... is that what you are paying?
Hold on how are eggs 6 bucks? Where do you live at? Walmart has them for 2$? Like where y’all shopping at? Gas stations?💀💀😭😂
Yes!
@@FutureDreamZzWPI worked with the Walmart.
Rate cuts mean we’re screwed.
.5 cut is insane. more cuts to come in the next months / after the election,
bruh i need me some deflation
I know right 😢
Thank you Wall Street for always being politically unbiased. This is why I bought a subscription. You’re the only news source I trust.
Wish the Fed was.....
Lol
Was that sarcasm
Stop inflation or give people more jobs, insane decision. I would hate to do their job
Heh, A contradictory dual mandate is wild!
You are the only sane person in the Comments
@@donttalkcrap everyone thinks they got a magic solution, but the reserve is beyond political party squabble they're genuinely doing their best. I hope some see that.
This is why there should be no fed controlling our financial destiny, determining when there will be a recession and thinking they can control how many people will be hurt when it should not be a government edict that does such a thing the first place.
I see we're both voting red this Nov 👌🏼
Exactly, it’s a shame what these mega bankers have done to the economy. It’s all a facade. Fiat money has always led to the destruction of nations. Every time.
I'm no economist, but messing with interest rates seems like such a blunt tool to deal with inflation and unemployment. And I'm guessing that the people most negatively impacted are in the lower income bands. 🤔
Im not an economist either, but I’m wondering what makes you think it will affect lower-income people more.
I think is because low interest rate will be very beneficial for those with asset and stocks investment.. most lower income people don't have assets or stocks
Their monthly payments will be cheaper
Regardless of what the politicians try to sell, the lower income population feels economic unrest the most.
@@heatherm2428This is 100% true no matter which aisle of the fence that your on. The good thing, is that Id rather be poor in America than poor in Guatemala, Haiti, Venezuela, or Cuba.
I like how Jerome Powell openly admits there was no science or math or any type of real process behind these decisions. That's really comforting.
"We thought about what to do and we concluded this is the best course" Anyone can be a fed chair, just be old.
1. Powell waited too long to raise rates.
2. Trump poorly negotiated the OPEC deal that kept prices high.
3. Republicans gave institutional real estate investors too many incentives to buy up single family homes during an inventory shortage (what could possibly go wrong).
4. Consumers kept buying as retail inflation outpaced cost inflation. They should have immediately cut back on discretionary spending.
5. They're eating the dogs and the cats of the people who live there.
I just want a housing crash so myself and other millennials can buy a home somewhat affordably
How does that happen when you have pension funds, private equity, investment firms, corporations buying up real estate. Your money can’t compete with their money. They collude to hike rents up to make a profit and you are left unable to buy a home and have to have a roommate despite paying $1k plus for a room. Short term rentals super popular. Make money without the costs and standards of a hotel
Just keep buying!!
The EGGS are $4.35… what are they talking about fighting inflation….
.
This is going to ridiculously skyrocket the price of eggs and houses
How tf is this gonna increase the demand for eggs? Lol are you financing fkin EGGS?
It's bird flu
@@yepdontcarebud way to miss the point.
@@yepdontcarebud pretty we will have to do finance on the eggs !!
Prices won't drop. This will do nothing. All theater
Shorters kept spreading fake analogy on fed cuts 50bps due to urgency. Fed already mentioned it's decisions is due to not lagging behind as they did not cut 25bps on July.
Remember guys WSJ is a wolf speaking about being vegetarian. They’re here not for you, but to eat you 🤣
we are already in a recession .
We all know it's gonna be elevator down. 🤣
I watch this channel for these informative videos. Thank you WSJ.
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...)
I began investing in stocks and Def earlier this year, and it is the best choice I've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.
What opportunities are there in the market, and how do I profit from it?
You can make a lot of money from the
market regardless of whether it strengthens or crashes. The key is to be well positioned.
I would really like to know how this actually works.
All you need is a good capital and the
service of a professional broker, with those your investment will most certainly produce high yields.
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.
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
Jennifer Leigh Hickman is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
recession
Yup. Within 18 months
fed rate cut money for wsj and military to leave scraps for rest
There lowering it for the election. Sad
those new jobs they are counting are part time and 2nd jobs for people. There really isn't any real job growth. Layoffs are massive and continuing which is why so many are now working two part time jobs and the powers that be count that as job growth.
How does this affect drayage freight?
Inflation is still high!!!!! Due to election fed cutting interest rates.
1:10 "and inflation come down anyway" no way this guy said that with a straight face🤣
He didn't say that.. he said, "And inflation has come down anyway"
where does the central bank get there money that they loan to the government
Nick Tim has lost his credibility I feel
It's already too late. You can't stop a recession, only kick the can down the road for a while.
There’s NEVER not been a recession after rate hikes like this and the insane inversion of the yield curve. To think “this time is different” is delusional beyond degrees of mental asylum.
Will help Kamala out in the elections 😇🙌🏽🙌🏽🙌🏽
The graph at 4:39 is misleading. Despite earlier on mentioning that we started at basically 0, that graph starts at 4, to make it look like a steeper cut than it is in reality. It makes it look like we are cutting 1/3 of the total possible distance.
Why are we artificially controlling the interest rate? why not just let it be controlled by the law of supply and demand like all others?
Who are these “all others”?
Big Corporate controls supply and demand,as well as hiring practices.It’s a vicious cycle that will never end,unless the economy collapses then they’ll look to the government for bailouts such is the way of the economy we live by.
Because the fiat system is flawed and manipulated
the before the GHS 18 for a dollar ?
the graph and the voice over saying that prices rose 7% and then went down is not true. Prices didn't go down, inflation did. But inflation is the measure of the rate of change of prices. We would need to have negattive inflation for the prices to go down. This didn't happen (thank god).
Japan has been tightening its monetary policy for decades. This has caused Japan's economy to stagnate. While other countries are working hard to make their own countries prosper. I envy foreign countries.
Inflation isnt going to fall
Inflation rates should fall, but prices of goods and services are unlikely to, if that's what you're referring to.
@colevonrichthofen348 yes, that's what I'm referring to. But i think prices and inflation will start rising with the rate cuts; USA is still a net importer of essential goods. As long as other nations are producing our essentials, we will have inflation
Deflation would be required for prices to fall and that's not a good scenario
Economic rollercoaster ahead, hold on tight! 🎢
I still paid $29 for a Amazon can opener. I tried to get in the store but bought junk. But for just the opener $20. In the last depression that was 2 weeks salary for example.
Right now at IKEA they’re $8, good quality too. I’ve had the same one for five years+.
You're not telling the whole story - what if businesses don't need to hire more simply because productivity is surging? Moreover, you're depicting a mountain the size of Everest, when if you zoom out, rates hike in the last couple years might look like a hill, not even a mountain
With markets tumbling, inflation soaring, and the Fed lowering interest rate which means more red ink for portfolios. I'm still at a crossroads deciding if to liquidate my $125k bond/stock portfolio, or are there ways I can safely profit from this volatile mkt?
An uptick in volatility is not necessarily a bad thing, there are opportunities to be found even in this whirlwind. Best advice just get yourself a seasoned advisor to guide you in this current market
Exactly why i enjoy my day to day market decisions being guided by a portfolio-advisor, seeing that their entire skillset is built around going long and short term 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 outperform. I've been using an advisor for over 4 years since the pandemic, and I've netted approx. $1.3m after 100s of thousands invested so far.
@@chadgriffith1969 this is huge! your advsor must be grade A, mind sharing more info please? in dire need of proper asset allocation
this is huge! your advsor must be grade A, mind sharing more info please? in dire need of proper asset allocation
Annette Louise Connors is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
You are not getting it! The economy is plummeting and the interest rates is going down because of Deflation. Troubling signs in the automotive industry in Germany …
stagflation freight train is coming boys...
I think we don't need so many economics correspondents for our job market. Can we start by firing them or reducing their salaries if we need to lay off employees?
I got no Sin in my Hands.
Does this mean that they are trying to encourage people to take on new debt?
So...
Option A: Control the inflation but risk losing control of economy?
Option B: Control the economy but risk losing control of inflation?
looks like the fed need to include shoplifting indicator instead of CPI. the cut rate is too late as the dollar Index was already down for months
There's another round of inflation happening right now, from stores to services increasing in cost. Unfortunately the fed are too quick to lowering the rate
Your are correct and it's obvious Biden told him to cut and he is his boss.
The hard truth is “ WE ARE AS SELFISH AS CORPORATIONS”. I am disgusted to say this but thats the fact.
I live in Boston MA, the worst city and state in terms of housing affordability in the entire country. Zoning laws are so bad and even when cities and districts reach out to make corrections and allow permits for multi-unit homes, WE REFUSE. We ve done this multiple times. Reason - we dont want our property prices to go down. Just the irony here😮.
Reason why housing is unaffordable - everyone who thinks zoning laws should stay the same.
The reason they have kept interest rates so low since 2008 is due to the NATIONAL DEBT!!! They only raised them because they had no other choice given the covid nightmare. When the interest rate goes up, so does the interest payment on (35.4 TRILLION) dollars!!! It's not that hard to figure out. The interest payment on the debt is currently the 3rd largest line item on the Federal budget. In a couple of short years, the debt payment with be the largest budget item. We are in serious trouble when this bubble pops!
Gov’t unable to be fiscally responsible. So many places to cost cut.
It's election year people and it's about time to buy some votes!
Really price come down in 2019 I used to buy milk @2 a gallon
Fiat money 💰.
Literally worth nothing just piece of paper they keep printing.
They do not want you to save money regardless of what they do be a sheep
It is the right pathway with inflation, at two and half percentage to targetted two percents.
this is expected
The rampant inflation was/is more damaging than covid. Prices are out of control.
Praise to God Almighty!!!! I’m favoured financially with Bitcoin ETFs,.$90,700 biweekly profit regardless of how bad it gets on the economy
Huge! Been trying to trade on my own for a while now, but it isn’t going well. few weeks ago I lost about $70,000 in the trade. Can you please at least advise me on what to do?
Well, It's all thanks to Robert Marion
Nicki Leaks!
The rate cut is a very bold move by the Fed to stimulate economic expansion, ease financial conditions and address inflation concerns with potential benefits for consumers.
But won’t this cut lead to increase borrowing, potentially fueling inflation? When interest rates are cut, borrowing becomes cheaper which can lead to increased consumption
Not necessarily, the cut will primarily benefit existing borrowers, reducing the cost of debt servicing, allowing individuals and businesses to allocate more resources towards other expenses or savings
And investors will see increases returns on investments, stimulating economic growth because lower interest rates make borrowing cheaper, which can lead to various sectors increased investment.
But what about savers? They’ll earn lower interest rates, hurting their income. Lower interest rates can indeed reduce the income earned by savers, particularly those relying on fixed income investments.
True, but the benefits to borrowers and investors outweigh the cost to savers.
When we consider the broader economic landscape, the advantages of lower interest rates becomes clear
So go out and work 2 jobs because that what it takes for some to simply survive. The inflation numbers in this video are way off. Just look at food prices from 6 years ago to today. Prices are not up only 2% per year. It’s much higher than that.
did u not watch the video?
were you alive during 2020-2022 when inflation was above 10%?
America should do what India did. Keep an inflation "target". Of around 4%. With a wiggle room of around 2 % on either side. Meaning, keeping inflation anywhere between 2 to 6% at all times. This will make companies more profitable, businesses will stay open, jobs will be available, and even though consumers will have to pay more for products, it will stimulate the economy in a way. Its a 3-4 year process, and takes time. The biggest problem in the US is debt. And this is a way for people to stop overspending on their credit cards. Economic stability begins with the citizens first.
prices did not come back down. they just stopped going up as much, and the inflation numbers are a bunch of lies anyways.
They are going back down
Graph of inflation shows someone wanted something done… after achievement they are trying to justify actions to bring the rate back up
Abolish the Federal Reserve.
It sounds like a terrible idea. The Fed is one of the cornerstones of the robustness and success of the American economy relative to the basket case that is most of the rest of the world.
WSJ Propaganda, playing cover for the fed
Bunch of people in the comments dont know what their talking abt
Hello hyperinflation...