Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
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 Carol Vivian Constable for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
America is presently besieged by the hydra-headed evil combo of inflation and recession. The worst aspect about this crisis is that consumers are piling up credit card debt. Credit card debt increased by 20% in April alone, while interest rates have doubled in a year. Inflation is so severe that customers are essentially going into debt to buy basic essentials. The collapse has certainly begun.
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here
Same here, I got to know about Abby Joseph Cohen Services on here in 2020. Since then I've paid off 160,000 USD of debt. Now I'm working on building an emergency fund. I didn't even have a savings account three years ago.
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $7 million portfolio, largely from early investments in AI and other growth stocks.
I know at some point a bull market ends and a bear begins, it goes on and on....I have a 7 figure ballpark goal and I intend spreading across maybe 50k - 150k on plummeting stocks, my question is how can I know when a market bottom has been reached?
At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Kay Wright” 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 the lead, searched Jennifer by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
Im a Canadian. This man is 100% right. With such high business and personal tax rate, the govt is killing people with debt. The bank just have me 2 credit cards.why. becaise i didnt have any.
The country has been in a recession for several years.I don't need to read some govt nonsense statistics,to figure out that most Americans are suffering a decline in their standard of living,as their incomes are not staying up with inflation.
The recession is here. Companies bragging about 2-4% gross sales growth after 20% price increases. Unit sales are DOWN double digits at many companies which = Less Workers needed, Less Trucks on Road, Less Corugated boxes need etc etc
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Investors are still in denial about the fundamentals of the economy. They expect rares will soon be cut and believe the topline GDP numbers signal a strong economy. However, they dont. Credit card balences are maxed out, more credit is hard to come by for consumers, a ton of companies are about to beforced into refinancing their debs at far higher interest and the regional bank backstop program is out this month. There's also the fact that inflation ticks higher than expected every single time the markets believe a rate cut is around the corner and a rate cut would cause a surge in inflation. The fed sees this stuff, guys. The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
The market is not necessarily a rollercoaster if you know your way around it, but 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. Took my own advice and as of today, my cash reserve has yielded from $350k to nearly $1m in months..
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.
I actually know what is happening but I don't think Mr. Rosenberg does. You can tell because he is passionate about what he thinks is true when it is not. Luke Gorman knows. the first thing to remember is "do govs tell the people what they are actually doing" ?
This year is an election year so both parties will kick the can down the road. The 2007 recession-like scenario will play out at the end of 2025 with the administration at that time
It's not a recession that's of concern. It's the fact that we're ending a nearly 100 year bull cycle in the DOW and if backtested, the SPX. In EW terms, which I have a very high conviction will be correct, we're completing a 5th wave move from the 2020 lows, a 5th wave move up from the '09 lows and get this, a 5th wave move from the lows struck in 1932. Our work has us topping any day, perhaps within a month but does it matter? The market will pull back into the fall or winter of this year in pretty dramatic fashion, we see 3500-3800 on the SPX. We'll begin a multi-month bounce from those levels into 2026, where the market will make a lower high...say 4,600-4,800 level. Then the market rollover and begins another monstrous move lower. Ultimately, we will not see a bottom in the SPX likely until 2038-2040 where the SPX will visit 1,000-1,700 in the SPX. We're now entering the beginning of the second Great Depression. Buckle up, it's going to get VERY challenging for a lot of people for the next 15 years.
@@alicecooper9472 how so? Maybe you’re using the wrong guru. Our counts have nailed every single major market swing since I’ve been managing money over the last 25 years. Please take your emotion somewhere else
I am very thankful for your insights Jeremy! Bought more silver this week through Schiff Gold. I’d would love to hear your mining stock picks ! I was able to talk to your colleague Abby Joseph Cohen on Tuesday on a zoom call ! What a great guy and a wealth of knowledge. Thank you again for your time and educating me. 🙏🙏🙏
Would be nice to see local lending at lower rates, even if its on longer terms to keep local economy separate from walstreet crooks. Would like to request charts on talking points like dot plots and other rate charts respectively.
Rosenberg 5 years ago: "We'll have a recession next year" (no recession). 4 years ago: "recession has already started" (no recession) 2 years ago: "the risk is recession" (no recession) 1 year ago: "recession is slamming demand" (no recession) 9 months ago: "recession coming in 6 months" (no recession). Trend here ?
1:35: We had the front-end of the hard landing in March 2023. It did not play out because the Fed and FDIC deployed the BTFP bailout. Otherwise, bank credit would have sharply contracted.
On the one hand he says, that the recession is inevitable, because it is part of the business cycle, on the other hand he says that the recession could be avoided if the Fed was not so tough. He is contradicting himself, in my view.
”The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.” -Macroeconomist Rudiger Dornbusch, referring to Mexico’s crisis of the 1990s
Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Kerrie Farrell in few weeks, this is one of the best medium to backup your assets incase it goes bearish...
Thanks. I'm in for life.. ain't nothing shaking me out. Being a little guy I'll always have a way to get cash turned to Crypto. I know this next run will be amazing! I'm just happy to be a part of this new age of finance...
It seems we have two extremes. One side: we are headed into a hurricane. Other side: we are going to be just fine. Look at the stock market and bla bla bla...... I guess time will tell who is right. Popcorn 🍿 ready and watching the show unfold. It has been long enough so I'll give it till January of 2025 to see who is right. See yall in 2025 to see who is right.
The Canadian government has no gold reserves. Will they nationalise the mines? Will they repo canadians who have gold in vaults? Trudeau thedrama teacher says the" budget will manage itself " .
It isn't about a hard or a soft landing; it is about landing in quicksand and being painful to get out of. Think the past few decades for Japan - but worse.
When things go completely sideways, there will be no buyers of Bitcoin. Price goes to zero (eventually). Get out while you can. Last one out loses it all. 🤷🏻♂️
Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
if you lack knowledge about market investing tactics, get advice from a financial counselor.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors.
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 Carol Vivian Constable 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.
America is presently besieged by the hydra-headed evil combo of inflation and recession. The worst aspect about this crisis is that consumers are piling up credit card debt. Credit card debt increased by 20% in April alone, while interest rates have doubled in a year. Inflation is so severe that customers are essentially going into debt to buy basic essentials. The collapse has certainly begun.
I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here
Same here, I got to know about Abby Joseph Cohen Services on here in 2020. Since then I've paid off 160,000 USD of debt. Now I'm working on building an emergency fund. I didn't even have a savings account three years ago.
Thank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..
how exactly can she help? and how can I reach her?
I'll like to start with$5,000
AI stocks will dominate 2024. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.
I agree, just because the market presents opportunities doesn't mean we should rush in headfirst. For this reason, we should look for appropriate market analysis or guidance or, alternatively, seek advice from certified market strategists.
People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $7 million portfolio, largely from early investments in AI and other growth stocks.
How can i reach this person?
Annette Christine Conte is her name. You may look her up online; she is a reputable financial counselor in the US with a license.
Thank you very much. Seeing her page allowed me to leave her a message.
David Rosenberg's REALISTIC insights are ALWAYS most interesting - thank you for having him as a guest speaker.
Nah Rosenberg is the Peter Schiff of Canada. Always bearish
I know at some point a bull market ends and a bear begins, it goes on and on....I have a 7 figure ballpark goal and I intend spreading across maybe 50k - 150k on plummeting stocks, my question is how can I know when a market bottom has been reached?
investors like you should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
At the end of the day, there's no one particular way of bridging that gap. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book.
think you could suggest any professional/advisors i can get in touch with? i'm in dire need of proper portfolio allocation
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Kay Wright” 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 the lead, searched Jennifer by her full name and at once spotted her consulting page, she seems highly professional having over 12 years of experience. amazing!
Mr. Rosenberg, Thank you for sharing your library. I always look for a new read!
Im a Canadian. This man is 100% right. With such high business and personal tax rate, the govt is killing people with debt. The bank just have me 2 credit cards.why. becaise i didnt have any.
The country has been in a recession for several years.I don't need to read some govt nonsense statistics,to figure out that most Americans are suffering a decline in their standard of living,as their incomes are not staying up with inflation.
The recession is here. Companies bragging about 2-4% gross sales growth after 20% price increases. Unit sales are DOWN double digits at many companies which = Less Workers needed, Less Trucks on Road, Less Corugated boxes need etc etc
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Investors are still in denial about the fundamentals of the economy. They expect rares will soon be cut and believe the topline GDP numbers signal a strong economy. However, they dont. Credit card balences are maxed out, more credit is hard to come by for consumers, a ton of companies are about to beforced into refinancing their debs at far higher interest and the regional bank backstop program is out this month. There's also the fact that inflation ticks higher than expected every single time the markets believe a rate cut is around the corner and a rate cut would cause a surge in inflation. The fed sees this stuff, guys. The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Sandy Barclays program is widely available online..
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
The market is not necessarily a rollercoaster if you know your way around it, but 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. Took my own advice and as of today, my cash reserve has yielded from $350k to nearly $1m in months..
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.
Canada has NO GOLD! My biggest concern.
That is ironic given the fact that Canada has Royal Canadian Mint, but does not have its own gold reserves.
If I had a Dollar for every Economic Data that screamed “Recession”, then I would no longer need to be worried about a Recession.
Getting annoying now.
yeah fed is
Powell is a lawyer. Lawyers say what they want us to know.
Nice job, Szafron! Ignore Rosey at your peril. He's a smart man. You the man, Rosey! EDIT: no press pass for you, Mr. Rosenburg ; )
I actually know what is happening but I don't think Mr. Rosenberg does. You can tell because he is passionate about what he thinks is true when it is not. Luke Gorman knows. the first thing to remember is "do govs tell the people what they are actually doing" ?
Two year recession in canada as 76 % of mortgage renewals happening in next 2 years. Ouch! Bank sale time!
This year is an election year so both parties will kick the can down the road. The 2007 recession-like scenario will play out at the end of 2025 with the administration at that time
The fed is not clueless, they know exactly what is happening and it’s just what they want. They need inflation if they want the debt to be managed.
It's not a recession that's of concern. It's the fact that we're ending a nearly 100 year bull cycle in the DOW and if backtested, the SPX. In EW terms, which I have a very high conviction will be correct, we're completing a 5th wave move from the 2020 lows, a 5th wave move up from the '09 lows and get this, a 5th wave move from the lows struck in 1932.
Our work has us topping any day, perhaps within a month but does it matter? The market will pull back into the fall or winter of this year in pretty dramatic fashion, we see 3500-3800 on the SPX. We'll begin a multi-month bounce from those levels into 2026, where the market will make a lower high...say 4,600-4,800 level. Then the market rollover and begins another monstrous move lower.
Ultimately, we will not see a bottom in the SPX likely until 2038-2040 where the SPX will visit 1,000-1,700 in the SPX.
We're now entering the beginning of the second Great Depression. Buckle up, it's going to get VERY challenging for a lot of people for the next 15 years.
Elliot wave always wrong
@@alicecooper9472 how so? Maybe you’re using the wrong guru. Our counts have nailed every single major market swing since I’ve been managing money over the last 25 years. Please take your emotion somewhere else
I am very thankful for your insights Jeremy! Bought more silver this week through Schiff Gold. I’d would love to hear your mining stock picks ! I was able to talk to your colleague Abby Joseph Cohen on Tuesday on a zoom call ! What a great guy and a wealth of knowledge. Thank you again for your time and educating me. 🙏🙏🙏
This is what we get by having a lawyer for a Fed Chair. 🙄ELECT ROSIE!!!
Would be nice to see local lending at lower rates, even if its on longer terms to keep local economy separate from walstreet crooks.
Would like to request charts on talking points like dot plots and other rate charts respectively.
Rosenberg 5 years ago: "We'll have a recession next year" (no recession). 4 years ago: "recession has already started" (no recession) 2 years ago: "the risk is recession" (no recession) 1 year ago: "recession is slamming demand" (no recession) 9 months ago: "recession coming in 6 months" (no recession). Trend here ?
1:35: We had the front-end of the hard landing in March 2023. It did not play out because the Fed and FDIC deployed the BTFP bailout. Otherwise, bank credit would have sharply contracted.
Cyberopolis's transparency and commitment to its roadmap is refreshing. They're setting a new standard.
I like this guy
Data speaks louder than words 🎉🎉🎉🎉😂😂😂😂😂😂
The Australian Treasurer is known as the Observer, all that he ever says is people are doing it tough.
For a minute. I thought he was being interviewed by governor newsome's brother😮
Rosie on fire!! Smokin'!!! Disappointed though he didn't trot out his skunk at the picnic line. Otherwise a fine effort.
Who stacks a bookshelf like that 😂
DR is the best
Cyberopolis's latest update is a game-changer. Can't wait to see how it unfolds.
US dollar will use as a toilet paper
On the one hand he says, that the recession is inevitable, because it is part of the business cycle, on the other hand he says that the recession could be avoided if the Fed was not so tough. He is contradicting himself, in my view.
Most norma people are broke, paycheck to paycheck... buys less n less...
Yawn, listening to guys like this and that idiot Kantrowitz from Piper Sandler over the last 18 months has cost me a lot of money.
Fed will increasing 20%
Cyberopolis's strategy to disrupt the market is bold and brilliant. They've got my full support.
Wooww he is saying eventually there will be a recession wow. What a brain!
He lives in the bloomberg bubble
He not understand 😮😅😂😅😂
Jeremy is hard to look at. He has an untrustworthy face.
is this guy selling books...or trying to convince us he can read?
Too late for most 🤓 🖕
'wrong rosenberg '
Lies lol. People are loaded rich in Dallas ft worth
Utah economy strong too
Who the hell kept their stimulus money for over 2 years??? It was gone 3 days after arriving for most people!!!!
Cyberopolis is shaping up to be a major player in the crypto market. Their progress is undeniable.
”The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.”
-Macroeconomist Rudiger Dornbusch, referring to Mexico’s crisis of the 1990s
The level of government spending and currency printing will lead to hyperinflation. Only physical assets will survive.
It does increasingly feel like we're on the brink of disaster.
Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Kerrie Farrell in few weeks, this is one of the best medium to backup your assets incase it goes bearish...
I appreciate the professionalism and dedication of the team behind Kerrie’s trade signal service...
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this..
Thanks. I'm in for life.. ain't nothing shaking me out. Being a little guy I'll always have a way to get cash turned to Crypto. I know this next run will be amazing! I'm just happy to be a part of this new age of finance...
SCAM!!!
Printing money continues. Recessions are delayed by government money printing. But, that just causes the next recession to be much worse.
Done on purpose.
It seems we have two extremes. One side: we are headed into a hurricane. Other side: we are going to be just fine. Look at the stock market and bla bla bla......
I guess time will tell who is right. Popcorn 🍿 ready and watching the show unfold. It has been long enough so I'll give it till January of 2025 to see who is right. See yall in 2025 to see who is right.
I need to hear more from this guy. Very enlightening.
This time it's different, it's never different.
The only way for America to avoid possible recession is to stop getting involved in unnecessary international wars (which are not American wars).
“Been accurate on our show”?!?! David has been dead wrong for 2 years now.
As David Rosenberg admits, he is early on his economic pivot calls, but because they are based on deep analysis, they prove right some months later.
What WILL HAPPEN in the residential house market?
That’s the million dollar question.
Inflation is not economic growth, it's everyone getting poorer.
The Canadian government has no gold reserves. Will they nationalise the mines? Will they repo canadians who have gold in vaults? Trudeau thedrama teacher says the" budget will manage itself " .
Bull market for another 2months.
Been in a recession since 2022
Rosie is the best
David Rosenberg - is this guy ever right?
I believe you 😊😊😊❤❤
I do believe that the business cycle has been eliminated as least on a long-term basis.
That was too short Jeremy.
The business cycle can break during chaos. So I get his point but think he's a bit narrow.
The advancements Cyberopolis is making in blockchain tech are nothing short of revolutionary.
Seeing a lot of smart money move towards Cyberopolis. They must know something we don't.
Been following Cyberopolis for a while and their consistency and dedication are paying off. Big moves ahead!
Great interview! Thank you!
So far acting on Dave's advice has been painful. Ideation on some days.😩
If you value technology and innovation in the crypto space, Cyberopolis is where you want to be.
Guy has been a bear for decades.
It isn't about a hard or a soft landing; it is about landing in quicksand and being painful to get out of. Think the past few decades for Japan - but worse.
Yep…much worse.
Why so serious
Rosey is the man! Cool operator.
The energy around Cyberopolis is infectious. This community believes in the project's success.
This certainly sounds good too, but I think it's still worth considering more reliable options like the Unimantic platform with their MEV bot network.
Unimantic is shxt
thank you for hosting mr Rosenberg mr szafron, I appreciate the work you both do
Bitcoin CEO here!
Buy some, just in case...
When things go completely sideways, there will be no buyers of Bitcoin. Price goes to zero (eventually). Get out while you can. Last one out loses it all. 🤷🏻♂️
@@doctoruttley
You'll understand Bitcoin at the price you deserve. ❤️
He admits it's not negative.