Deflationary forces present in almost every sector in U.S., says UBS Global Wealth's Paul Donovan

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  • Опубликовано: 5 авг 2024
  • Paul Donovan, chief economist at UBS Global Wealth Management, and Jared Woodard, head of research committee at Bank of America Securities, join CNBC's 'The Exchange' to discuss deflation, macro outlooks, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Комментарии • 37

  • @yuri-g5k
    @yuri-g5k 24 дня назад +52

    I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

    • @rossie-m2t
      @rossie-m2t 24 дня назад

      The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

    • @lasandra-h1v
      @lasandra-h1v 24 дня назад

      @@rossie-m2t It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @yuri-g5k
      @yuri-g5k 24 дня назад

      @@lasandra-h1v This is considerable! think you could suggest any professionals/advisors? I'm in dire need of proper portfolio allocation.

    • @lasandra-h1v
      @lasandra-h1v 24 дня назад

      @@yuri-g5k My CFA ’ is “Victoria Carmen Santaella”, 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.

    • @yuri-g5k
      @yuri-g5k 24 дня назад

      @@lasandra-h1v Appreciate this recommendation, hopefully, I can get some insight into where the market is headed and strategies to beat the downtrend when I hear back from Victoria Carmen Santaella.

  • @KK-pm7ud
    @KK-pm7ud 24 дня назад +6

    2:10 I love how she called him out on his BS

  • @Sylvia-f3h
    @Sylvia-f3h 25 дней назад +82

    *Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides*

    • @Sylvia-f3h
      @Sylvia-f3h 25 дней назад

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

    • @StephanieMiller-o1h
      @StephanieMiller-o1h 25 дней назад

      I know Laura, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.

    • @StephanieMiller-o1h
      @StephanieMiller-o1h 25 дней назад

      You're right! The very first time I tried, I invested $2000 and after a week, I received $8,400. That really helped us a lot to pay up our bills.

    • @Sylvia-f3h
      @Sylvia-f3h 25 дней назад

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    • @Sylvia-f3h
      @Sylvia-f3h 25 дней назад

      @LauraGil52

      That's it >>>>>>

  • @KK-pm7ud
    @KK-pm7ud 24 дня назад +2

    Price declines and deflation are two separate things. He's saying that prices are declining and assuming that is deflation. There is a nuance here that cannot be unpacked except in retrospect. The Fed should keep rates up. Don't reward the speculators that irresponsibly borrowed and pushed asset prices up without much added economic value.

  • @Hasanaljadid
    @Hasanaljadid 24 дня назад +2

    Rent will never go Down.

  • @holybol
    @holybol 25 дней назад +4

    respectfully disagree with the boldie

  • @chri6393
    @chri6393 24 дня назад +1

    Intrest rate cuts fix much of the deficit

  • @redwindmill
    @redwindmill 23 дня назад

    "You choose the inflation rate that you want. You set the policy, you get the inflation rate that want". I'm pretty sure it doesn't work that way my guy.

  • @mrchad97z49
    @mrchad97z49 22 дня назад

    so 1 guy says deflation and the other says inflation. haha

  • @Cap_management
    @Cap_management 24 дня назад

    YoY inflation ex food and energy is 3.4%. Interesting how that happened with almost all sectors in deflation as he claims.

    • @Hasanaljadid
      @Hasanaljadid 24 дня назад +1

      3.3%.Mostly driven by rents and mortgage rates.Cars,Furnitures,Airfare and few other things decreased

  • @davidguerrero1636
    @davidguerrero1636 24 дня назад

    Localization is inflationary

  • @Cap_management
    @Cap_management 24 дня назад

    How Jared Woodard keeps his job. Warren Buffett said that people who differentiates between value and growth stocks know nothing about investing. This man clearly knows nothing about investing and yet he got job at Bank of America? How is that possible.
    Last 3 decades were great for value investors. Just look at some great value stocks like Microsoft, Apple, Cigna, Fiserv etc. You could buy Apple for 13 times earnings just 5 years ago. Microsoft traded at less than 10 times earnings decade ago.
    Value stock is a growing company bought at reasonable price.

  • @sociolocomtsac
    @sociolocomtsac 23 дня назад

    This host has no idea about the difference between deflation vs disinflation

  • @mfd8346
    @mfd8346 6 дней назад

    Stagflation it is then

  • @illegalsmirf
    @illegalsmirf 24 дня назад

    Deflation is good as long as it doesn't happen to me (i.e., to my wages and the value of my assets) ROFL

  • @admcmlxxvii8255
    @admcmlxxvii8255 24 дня назад +1

    These clowns were all wrong over the last 18 months they’re not experts their talking clown show

  • @damonkatos4271
    @damonkatos4271 25 дней назад +1

    I thought the sky was falling for big tech yesterday.
    Oh yesterday’s news.
    Deflation today, inflation tomorrow.

  • @PelosiStockPortfolio
    @PelosiStockPortfolio 24 дня назад

    This guy hasnt had to renew his car or home insurance yet this year

    • @snwbm
      @snwbm 24 дня назад

      Buy a car without a loan. My liability auto insurance is only a 10th of 1 percent of my yearly income.
      Pay your house off and cancel your insurance. I haven't paid it in 15 years.
      Good luck.

    • @PelosiStockPortfolio
      @PelosiStockPortfolio 24 дня назад

      @@snwbm I did buy a car without a loan, that didnt affect the insurance rate. If your car is totaled the insurance company still has to replace the value of the car, so what does it matter from their point of view if you paid cash?

    • @Cap_management
      @Cap_management 24 дня назад

      Wow, canceling home insurance. Great advice in times of global warming and record year of natural disasters worldwide.

  • @StewieGriffin
    @StewieGriffin 25 дней назад +1

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