Everything Is Melting Down ALL At Once
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- Опубликовано: 15 сен 2024
- More meltdowns across key markets, starting with the Treasury curve rapidly unwinding. Commodities are getting crushed, gasoline absolutely smoked. Swaps. Yen. The August payroll report only further confirmed the reasons why all this is happening.
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Twitter: / jeffsnider_edu
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
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 ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
thank you for this tip , I must say Melissa, appears to be quite knowledgeable. After coming across her online webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyper inflationary environment, individuals must continue to use their hyper-inflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
How can i get started when it comes to investing and passive income?
Just research the name Jessica Lee Horst . You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
a good time to buy stocks? I know everyone is saying stocks are at a discount and all but just how long will It take to recover or am I better off putting my money elsewhere. I need a lot as rent, inflation alone eat up almost all of what I make with dependents and other obligations included. Tbh it's an uncertain year for me.
As they say. Time in the market, not timing the market. Only contribute what you can afford bcos it’s a long term thing. Property & Stocks will dip & peak but they aren't going anywhere anytime soon.
Be extremely attentive as we are entering an unusual market economy. That doesn't mean that you can't unravel opportunities in every sectors, you can but you should be considering rewarding options first. It would be a vast awareness to align under a top performer for easy picks. I did the same.
very well Paul, I got in on multiple sectors myself I think about adding more to my individual account or is holding off more better for me?
Include Gold and silver asset, renewable energy, Ai semiconductor. All will be hugely integral on every sectors in the coming years. it’s more than a decade wave for sure.
Obviously we are evolving into these direction, seems like a lot of your interest is riding on this can i tap into similar viewpoints. could really use it.
Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.
That's awesome! Diversifying your 350K portfolio with the help of an investment coach has really paid off. Making over $730k in net profit from high dividend yield stocks, ETFs, and bonds is quite impressive. Your investment strategy seems to be working wonders for you!
I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
The people who have been looking for jobs have been telling us for a long time that employers aren't really hiring. That means there's a lot of consumers in that part of the economy who aren't spending. Half of the jobs are just government jobs, not productive ones. And if consumers aren't working, they aren't driving to work.
They don’t talk about the growth of government jobs , Canada has been a big culprit of this
They telecommute from the shelter.
How do you know the breakdown of government jobs?
A good number of jobs are "ghost jobs" that aren't real. I've applied for a few, it's annoying at best to waste time applying for a fake job.
I got sick and have not left the house for 2 weeks. Crazy to see fuel crash at the same time haha
I moved much of my portfolio into ETFs for safety, but with this recent market volatility, I'm wondering if they're limiting my growth. The broad exposure seems to include too many underperformers, and they’ve been mirroring the market's dips a little too closely. It's not been easy to ignore
I’m nearing retirement myself, and I had similar concerns. I started investing later than most, and just relying on ETF compounding wasn’t cutting it for me either. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $5 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now.
I’m in a similar boat, trying to figure out the best approach for my retirement portfolio. How did you find your advisor?
I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you.
Thanks for that. I did a quick search and found her page. I was able to email so I sent over a few questions to get more info. Appreciate you sharing
Its like dinning in a restaurant for 35 years and one day the check comes?
Funny...and so sad.
What dinning be is
Dinning?
Dunning Kruger.
@@gringadoor5385 evin I cud be spells "dining" rite
I wasn't even invited and still got the check
“How Did You Go Bankrupt?” “Two Ways. Gradually and Then Suddenly.” - Ernest Hemingway
2 ways. wife then girlfriend. me
i think the quote is "slowly, and then all at once" from the sun also rises. good book
@@RachelCunningham-ut9ks Good reads says otherwise. But doesn't really matter. Same same :D
I let apollo roll the dice 🎲 🎲
🎉❤🎉
Ha ha, great quote,, sounds like we're about to be on( the road less traveled) llolol,, so many metaphors,,,,,,😅
I run what is basically an online thrift shop. I sell a lot of second hand home goods and toys. This last month there has been a marked increase in sales, maybe up by 20%. This suggests that more people are looking for deals and are unwilling to pay for new items.
unable not unwilling
My wife and I had been waiting for a month for a $200 gift card to come in so we could buy new plates and silverware (We just moved out of a really bad situation and had to leave a lot behind in the move), and we got fed up with buying plastic forks and paper plates, so we traded in a bunch of games at Gamestop and bought our flatware. This past Friday my wive was just looking on facebook market and found someone selling silverware and a ton of other kitchen supplies for $25.
People need money, and more and more people are deciding to buy things pre-owned simply to cut costs.
thnx for boots on the ground info
@@Cross_MalakiHoefully you wrte smart enough to hold off on becoming parents during this current starting GREATEST Depression
@@Cross_Malakiactually silver???
Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2021 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 27,000 dollars. Everyone thought I was delusional. Today, 1 receive 65,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams.
God kept to his promises to and for me
There's wonder working power in following
Kingdom principles on giving and tithing.
Hallelujah!
It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus. Note: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!
And thanks to my co-worker (Michael) who suggested Ms Susan Jane Christy
How can I start this digital market, any guidelines and how can I reach out to her?
Sure..!!
I love the fact people don't know it's a recession when it started. Happened in 2007 as well. They were talking about a gully in the real estate market.
I say this every damn day at work. the recession probably started two years ago
Thats just how it works. You cant call a resession or recovery at the start because a trend is required.
@@l-dog there’s bones to pick with the classification in the first place, not to mention the current administration would certainly try and wait to announce it.
@@hexmaniacwe’ve been there since 08’ in real terms
@@hexmaniacThat's exactly when I saw business slow on Uber.
I was laid off in February this year as remote desktop support tech at a fortune 100 fintech company. All job offers are trying to pay 20% less than my last job.
Not trying to be that guy but if you get an offer, take it. Better to sacrifice the pay and make it up hustling on the weekend than be the one guy among hundreds or even thousands fighting for that job 6 months from now.
Wait, are you guys getting job offers??
That'll be good money after it crashes.
@@alfinal5787Yeah... but the casting couch is too dirty
I do the same job, I work for a hospital company though and I'm hoping this all blows over before we get hit too..
Things are so bad Jeff got his microphone repossessed.
😂
It sounds like he's in an echo chamber literally
lmao, a real chuckle came out of me
Echo, echo, Echoooo..
@@garrettpatten6312 He's sold all his furniture and carpets.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services.... She’s quite known in her field, look-her up.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Listening to this channel for a while - rambling about economic doom helps me sleep
NO ONE TRUST THE FED ANYMORE!
THEY LOST ALL CREDIBILITY!!!
They never had any.
As insane as this sounds, I have gained respect for the fed but of course that is in comparison to at least all g7 treasuries. Marxists run govs now and are worse than the good old corrupt feds
Exactly 😂@@JohnWalsh2019
THE FED WORKS WITH AND FOR THE BANKS AND NOT FOR THE MASSES. THE NEXT 84 MONTHS ARE GONNA BE SUPER UGLY.
Three choices, three undesired repercussions. Yeah, Jerome is screwed.
This market crash will reshape America forever, leaving nothing the same.
Or conversely everything will change so much that it once again becomes the same.
@@thisishow551noice
Let's fucking hope. The sooner the government gets cut to the quick and these megacorps collapse, the sooner we might see a return to small business being the backbone of the economy.
Lol that's just history, right?
The War for Independence reshaped America, the Civil War reshaped America, the Robber Barrons after Reconstruction reshaped America, the Roaring '20s reshaped America, the Great Depression reshaped America, WWII reshaped America, the 1949 recession reshaped America, the Cuban Missile Crisis reshaped America, the string of recessions during the '70s reshaped America, the Civil Rights Movement reshaped America, the Early Internet & introduction of mobile phones & PCs reshaped America, the 2 recessions before and after the Dot Com Bubble reshaped America, 9/11 reshaped America, The Great Recession reshaped America, the Corona Pandemic reshaped America.
I wonder what next year's recession will do to America........
@@Cross_Malaki globalization did us no favors--it was an exercise in short-sighted gluttony.
Thanks for continuing updates 👍 I'd rather trade the stock market as it's more profitable. I make an average of $43,000 per week even though I barely trade myself.
Yeah for those who have expert traders not for people like me who have lost a lot of money since I started trading .
As a beginner what do i need to do? How can i invest, on which platform? If you know any please share .
Could you please explain how beginners like me can start making this much 😢 .
As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
Patricia Jean Williams is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Highly recommended
YES!!! That's exactly her name (Patricia Jean Williams) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺
Tip: just need a carpet or sound foam to soften the echo of the room. And maybe move the mic close. Keep up the great work!
He's just moved into a new home, so he's probably going to have all those things set up next week. Jeff just set up the space to keep up with his upload schedule.
No prob….he could speak into a tin can and I’d still tune in!
I think the church-like sound atmosphere harmonizes just fine with his way of presenting. ;-)
Congratulations on your new place
You're welcome! 😳
Did Jeff buy a new place at the top of the largest bubble in last 100 years in Florida??
Zuerst rauchen 🚬 wir aber erst einmal eine Tüte 😛
He gunna be my celly soon
Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments. From investing pov, sell all US, european equities n bonds. Go long Gold and Crypto. Go long emerging market trade........ I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclay’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
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.
Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
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 present market conditions could offer chances to enhance earnings quickly, yet to implement such a plan, expertise is essential.
Sandy Barclays understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. Her siignals are top notch..
4%a year interest gained by buying t bills when inflation is 9% so you only lose 5%?
More like 20% inflation.
@@JohnWalsh2019I’ve noticed inflation is finally starting to affect consumer goods now, cheap Chinese junk tended to be resistant while food went up and up but now I’ve noticed my 4k Blu-ray’s I like are now listing at $49.99 when just a few years ago you’d pay no more than $30.
The inflation already happened. Its getting tempered down now.
@@Joe-ku1ko the formula they use to get the inflation numbers half the input is missing , HOA fees , homeowners insurance, auto insurance, food, medical care , health insurance, child care , are just a few numbers left out there are hundreds more.
@@Joe-ku1ko sure it is. Nice story.
We have been in a recession since April 2022 when we got a 0.25% raise during rampant inflation and bonuses reduced from 10% down to 5%. 2.25% raise in April 2023. 3% in April 2024. We have been reamed and, relative to living costs, are working for less than 2 1/2 years ago.
6 picture frames, 2 filled. What the f*** is this guy waiting for
The funny money that doesn't exist got devalued!
How could this happen?!😮
D@mn........ We better send another $470+ BILLION to Ukraine
Everyone is screaming market crash and it's getting me worried. How can I protect my investment portfolio of around 800K. I don't want to get burnt out.
It's best to diversify your portfolio into defensive assets. If you're not experienced, consulting an expert is advisable.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
I could really use the expertise of this advsors
*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
A few things that I did.
Get access to quick liquidity. That way you'll have cash when you need it.
Make 10% of your portfolio into Bitcoin.
Buy silver and gold as well.
When you have dinosaurs running the world mistakes are bound to be made.
We are obviously in a recession
The echo is the result of broadcasting from a bomb shelter. Practicing what he preaches. Amen bro, Amen 😂
He has his bomb shelter stocked with can goods for what is coming .
Everyone is only tenant on this planet. No one is owning anything. No matter how much you earn in your life. The last shirt has no pocket and everyone is disappearing naked…ALWAYS!
The curious fact is how low wholesale diesel is trading versus the retail price of it. The retail end of gasoline and diesel is profit taking. After decades of making due with 5-10% max profit on both fuels, the profit after taxes is approaching 50%.
That profit taking is ⛽ fueling inflation. Pun intended.
@@pandaspirit6734 what inflation? Yes, i have felt the inflation as it inflated between 2021 - 2023, but my expenses have been at same constant high as 6 months ago. And i feel it
because i’m drawing on savings, and the draw has been constant these last 6 months.
The govt tacks on a lot of taxes on to the retail price of gasoline and diesel, etc. And I mean a LOT of taxes!
@@JasbirSingh-zj1fg i drive indiana and michigan and IN charges 34c gasoline and 57c diesel tax per gallon. Michigan charges 30/30 on gasoline and diesel with the state sales tax baked into the price as well. That still puts about a $1 on the wholesale price. And the markup in these 2 states is at 25% versus 5-10% ten years ago.
Gold prices have surged 21% so far this year and are hovering slightly below a record high of $2,531.60 hit on Aug. 20
That's what happens when 1/4 of every dollar ever was printed within a month. Prices "go up"
people still place their trust on the gov data and narrative. Why people why???
no one has ever lost money betting on the stupidity of the crowd
I learned all about that when 'safe & effective ' almost killed me.. it changed me forever. I will never trust the govt again.
60% delusion, 40% hope, 100% stupid.
Go trust Russia then
@@speedrunner9907 far better obviously
Listening to you for a while. Shocked how often you are correct. You seem to know ahead of everyone else what's going to happen. You are amazing. What's with the hair?
Hmmmm... wholesale gas prices are down while gas prices went up in California. The usual.
Same all over. They got to get there green.
So if they can just simply revise numbers, does that mean that the initial report is only there for narrative building? These initial numbers are so far off from the revisions that it doesn't seem like they actually tried to get it correct the first time around and simply needed to make the people not panic.
Nah these are likely off by a similar magnitude to the initial 2008 figures. The precedent is that BLS and GDP data are way off at the start of recessions... probably due to how many assumptions they have to make to turn the super noisy survey data they get from businesses and households into a smooth time series
That's what I'm saying, there's no way these people are that stupid. It feels like this system is set up specifically for times like these when we enter a recession, so that the public can be assuaged until they can't hide the truth anymore.
@@deseosuho That's charmingly naive. The recent revisions were historically enormous and--just by coincidence!--came out JUST before the minutes of a Federal Reserve meeting which indicated that the participants believed the labor numbers to be false. Like, one or two days before. Weird, right?
It was deliberate, and they dragged it out until it was going to become a matter of public record that even the Fed (which had been relying publicly on labor numbers for like six months) thought they were horse $ h!t. Because it's an election year and the Democrats are incumbents.
@@dawnfire82yup. They're feeding us horse shit.
@@dawnfire82 It looks to me like the revisions were historically enormous but also comparable to 2008. Just googling FRED data sets shows the nonfarm payrolls in 2008 had negative revisions with a bunch of monthly prints revised downwards to the tune of 75k-150k jobs. That's comparable to the QCEW revisions that just dropped. I see no evidence that the lifetime government economists earning only $90k a year have suddenly become more corrupt, less diligent, or less virtuous in this 2024 Trump election compared to the 2016 Trump election.
After 2+ years of predicting big crashes Jeff might actually be right
Nope
They lied on the numbers the last 2 years.
The only reason it hasn't collapsed is shrink flation. That is the only reason. The US hasn't seen this yet but the rest of the world has.
At one time he will be right if he continues ^^
Was there a time he didn't predict crashes?
I'm living 6 pack to 6 pack.
alcohol causes about 8 health problems
@@bostonfrank6739 it also causes dents in cars.
And who takes responsibility....nobody
So, all the positive stuff is merely a fluctuation, while the negative stuff, which will trigger a cut to the official rate, shows pending Armageddon.
November 6th (in 2 months) could be a CRISIS !!
Gunpowder, treason and plot ?
Yes if central bankers can pretend to be central banks you can pretend to know what you're talking about .....KaBoooom...
You just tee that one up😅
The CNY lending rate reached 212% in Russia, according to RUSFAR after, the US surgically sanctioned CNY payments. That made the CNY practically unusable. Do you foresee something similar happening to the USD?
Of course! Once demand for loans collapses.
Yes.
What goes up always comes down.
Cant wait for a solid 10% correction to start buying. Like Rothy said: Buy when there is blood on the streets.
Here when you said Summertime, my mind immediately went to "Summertime, the living's ez."
And so it starts.
Gas is $4.57 here in commiefornia. Definitely not seeing those depressed gas prices
Love the new setup! Maybe put a few sound proofing panels on the wall to help with the echo.
Thanks as always. You're probably on this and just settling in to your space, but you need to mitigate the echo/cold sound. Rugs, sound panels, curtains - shift in mic. It's just a bit treble/echo heavy right now.
thank you Jeff
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
Gold is often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
Finding financial advisors like Marisa Michelle Litwinsky who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip , I must say Marisa, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Great video as always!🎉
"Inflation is transitory." Anyone remember Janet Yellon making that bold statement?
Yes I also remember her saying, in 2023 during a hearing after 3 major banks collapsed and depositors were bailed out 100% like in 2008, when a politician asked her of she was going to bailout all financial institutions? Her answer after a pause was, “No, just the systemically Important ones”. Which didn’t surprise me because that was the plan for this recession. In other words bail ins are still in play.
Americans aren’t buying anything unnecessary right now because the cost of living is untenable. Companies better self regulate their prices or they will go out of business.
The problem all we have had for decades now is the ghost of capitalism just like all we've had left is the ghost of money. And few know why.
8/2/20 Video Titled "The Fed Strikes Out! Negative Interest Rates Soon?"
"We're a hair trigger away from negative nominals, not runaway inflation." -Jeff
The 30 was at 1.2 and more than tripled after that video.
The CPI was 1.3 and "ran away" up to 9.1.
8/17/24 Video Titled: "I've Changed My Mind, I Think Interest Rates are About to Rise, Here's Why"
"I think interest rates are about to go...up." Jeff
Tomorrow's video title with Steve: "We've Embarrassed Ourselves by Consistently Being on the Wrong Side of the Trade (that's why we make silly face clickbait videos and aren't managing real money)"
Jeff "WTF Happened to My Portfolio" Snider. Debunked.
True, its been watching it melting faster and faster over the decades .. but few could explain why. Especially most politicians and economists.
The tribe of the lady in your thumbnail happened. It is always them. Every single time.
Everything is going to plan, the 2030 thing is coming
FED is never wrong! They knew exactly
Great video! I really have a question. For someone with less than $5,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, I've learned this from my own experience.
I agreed, investing without proper guidance can lead to mistakes and losses. last year. I did so many mistakes but also learned so much from it, If you're new to investing or don't have much time, it's best to get advice from an expert.
Nice. those who work with expert typically earn more than those who go it alone.
Wow! who is this expert guiding you? As a beginner what do I need to do? How can I start, If you know any please share.
As a beginner, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Daniel Adams Bailey. for years and highly recommend him I focus on him. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Great job my man!
Mark of Excellence!
You're a fool if you trusted that old lady... I can never trust someone who used to have to wind up their cars in the front to drive around in the morning. She's been around a very long time.
Jeff practically taking Steve's advice to Sell, sell, sell .... NOW.
You mean the last 2+ years?
What are you talking about, I have never seen anything on Jeff's channel suggesting what he is doing with his own money. I don't think that's what this channel is about
The world is unwinding. Blame human overshoot.
Gas has dropped over 50 cents in 2 weeks, here.
People posting " buy my house please" on fb, everyone is selling their bikes, boats and spare cars except no one is buying. I've been looking for work for three months. Can I get a cashier job at the local gas station, yes, but my skill set far surpasses that and I might as well ride this unemployment and food stamp bus till I can get a living wage job.
you rather take tax payer money than work because its below your skill set? ffs
@bgh8904whats the point of taking a cashier job that someone else wants and needs
What is your skill set, if you don't mind telling us in brief?
@@bgh8904you're telling that to a tax payer who is temporarily without employment, get a grip dood 😂
@@JasbirSingh-zj1fg heavy equipment operator, aircraft mechanic 8 years experience (non A&p). FDA HACCP certified. Machine maintenance 6years experience. Hazmat certified. Navy veteran.
Bro is talking outta both sides unemployment just fell
if all these rates have fallen without a FED rate cut, why not just leave short term rates where they are
The rates falling are symptoms of economic activity slowing at a significant rate, and reversing unemployment can only be done by increasing available liquidity. So rate cuts must begin before the economy stalls and crashes.
The rates fall because of the expectation of what the fed will do.
Well that's not true first off the rate cut that they would most likely do is only going to be a lousy 25 basis points so that's not going to be really significant You're not going to see the effect of that until perhaps this time next year it's not going to have any real instantaneous effect even if they were to cut it by a hundred basis points it's not going to have an immediate effect it would allow Wall Street to pretend that everything is wonderful but it's probably not really going to impact that large.
Yes it is technically a sign that things are slowing but to cut that rate like I said probably the lousy 25 basis points I mean you know let's say they do take it to 50 okay like I said it's not going to matter particularly right away but it might have some effect for something like a slight bit of credit extension but the problem is that's not for you and me on main Street that's for bigwig's sitting behind desks and you know they have abbreviations after their fucking name I mean they tell people what to do and when to do it they're called CEOs.
But what tiny bit of credit extension it might sort of work out to be for any given business it would be a Band-Aid and it would be extremely on the short term and it would not really be noticeable right away in other words by the time they finish the paperwork they're probably already ready to go to the bankruptcy court.
So it's nothing more than symbolic it's just symbolism and it's the same crap they pulled last decade in a feeble attempt to restore some sort of confidence but it never works.
THANK YOU! for finally explaining the meaning of the mysterious blank picture frames!
What will happen to Luxemburg ?
- Following Japan, China and UK ,
they are the 4th biggest foreign holder of US bonds.
word homie, thanks for the insights! I really enjoy the way you speak
Need to do something about the echo.
since he just moved its probably just the empty room, this has happened to me also
No he doesn't..
If you don't like it get tf out
“Do you like music Mr. Finch?”
We havent even seen the result of the 5% hike yet it happens in a lag. So the cuts will take at least 12 to 18 months to even make a difference.The government needs to be honest with the people about all kinds of crisis's going on. The truth on jobs is showing finally bc the numbers were inflated intentionally. Inflation is proping up the GDP and has been.
It will be sadly funny if we look back on Jeff as being too optimistic regarding what's really coming. 🔮🔥
*when
As someone who despises the high price of gas, I kinda wish it would stay at about $2/gal forever. Alas, once the market "normalizes", it'll shoot up to roughly $4/gal again. sigh.
Diesel where I live suddenly dropped to $2.94/gal I'm actually excited to go fill up 😂
No bro. It's not. No recession until Q3 or Q4
Its funny nobody can agree if businesses are or arent hiring. As a hiring manager in foodservice i can tell you that we're desperate for people (who will actually work) but nobody that shows up wants to work more than the bare minimum leasurely stroll pace. As for business volume this summer has been abyssmal business owners are banking on the fall season booming but if it doesnt we're gonna see small businesses closing en masse
So basically what you said is contradictory bullshit.
I mean how is it that business has been down and it totally sucks and it's been for an entire season etc etc followed by you need people desperately?
Yeah former business owner retail manager for over 23 years here.
So you can't pull that shit on me it sounds to me that it was written as a dick wag to just purposely say nobody wants to work.
@@American-Motors-Corporation I mean right now I have to show up and do 4 ppls job at a time, I'M desperate for help that's for damn sure. I'm losing 1 guy this month who thinks hes too good for us and ive got 4 trainees trying to replace him but honestly im ready to give 3 other guys the boot and replace them all, accept all my trainees with one exception are duds and he's already been late twice. As for the volume sit. The only reason we need ppl is the "busy season" is supposedly around the corner. RN I could literally run the whole kitchen stem to stern myself and if this recession comes through and there isn't a "busy season" this year. if I want to keep my job I'm going to have to tell the owner to lay 5 people off and I'll do everything literally by myself which I've been doing figuratively by myself for months EDIT: and if I was the owner I'd shut the place down I know it's lost money all summer and he's just wishing things will turn u p with the holidays. But some people like to spend money.
@@joshkeitz2990 hahahahahahahahahahahahaha
Clearly the economy is mediocre to decent. But the US has a large capital class that is about half the population and a substantial buffer. Still the government does too much and then is too slow to correct-again and again. It’s time to act like a serious country.
@SeeLasSee clearly the economy is bad heading towards terrible. Welcome to the great depression 2.0.
You’re about to see some shocking stuff.
@@JohnWalsh2019nah, the great depression only happened because the state AND the central bank did not spend money or lowered interest rates. The state even cut spending, exacerbating the crisis further.
The stock market was also mostly speculation with no reality in sight.
It's much better than back then.
At most it gets as bad as 2008 but the central bank did a lot to prevent that and cash buffers are in fact way better than back then.
The only real problem could be hedge Fonds and other non bank entities in combination with the corporate bond market/corporate real estate market.
@@xman7695 People think that economy has to be egalitarian
You could easily have a country which has 50% of people with the latest technology and in comfort. While the other 50% are close to dying from malnutrition. The overall picture does not have to reflect individual stories.
@@xman7695 Cutting spending was standard procedure, and it had never before produced a "great" depression. Also, the Fed STILL does not spend money! It does not have money to spend, and it cannot create it out of thin air, no matter what fantasies you may entertain about the "great and powerful Wizard." And the stock market? It was just as speculative in 2001, and again NOW.
On the economic outlook, RUclipsrs are expecting the worst, while the mainstream, e.g. Garth Turner, is expecting the best. There has never been a bigger discrepancy.
I'd guess they are trying to drag our that narrative until after the election. Reality might throw a wrench in those plans, however
people who stand to make money off of this are going to pretend that everything is going fine. of course, things are probably going more than fine for people like garth turner.
@@hexmaniaclol yeah unlike this guy, who has his patreon and online course plastered all over his videos
@hexmaniac Trollololol sure like the msm is going to tell us the truth about anything. Try again comrade.
RUclipsrs are mostly grifters who rely on clickbait and fear
Welcome back to the CLN, or the Chicken Little Network where the sky is always falling.
and you are always watching. lol
It’s criminal how complicated this stuff is. Tax on ignorance.
It’s not even a little bit complicated. They changed to fiat currency. They control the money printer. And they keep going into more and more debt. Milton Friedman. It’s very simple actually.
@@haveaday1812 you’re right its common sense and everyone understands it
What is complicated? Everything is going down, the economy stocks, oil, gasoline, crypto
@@haveaday1812milton freidman was a clown. ford pinto. the end.
Where's Emil?
Lol 3 years later
Have you heard the latest?
Auntie Janet comes out and says that the soft Landing is intact ...
Treasury Secretary Janet Yellen said that she believes the U.S. economy is healthy and that recent months of cooler jobs data is a signal of a soft landing, not a recession.
Yellen said the U.S. is not seeing meaningful layoffs and the economy is “deep into a recovery.”
Or maybe next she'll say it was transitory after all
She's the greatest comedian of our time.
Seriously underrated, currently.
Strong and resilient is the new safe and effective?
if rates won't fix what's going on, then what is the real cause of the slowdown? (newbie here don't crucify me!)
I like how you failed to mention petroleum futures went negative in 2020. I don't trust what these numbers are telling you, which you continue to believe.
Leading wars is expensive.
I'm sure everything is fine, that's what the Government keeps telling me. Why would they lie?
I don’t understand perma bears. Is it like a mental illness?
Something about a broken clock and all that...
Excellent report 👍👍👍👍👍👍
Can we see a chart that not only shows the unemployment rate and number of people getting jobs, but what the average job pays? Ultimately, that number, juxta positioned against CPI/inflation and discretionary income will forecast how will the economy is going to do going forward. In other words, if we had 0% unemployment and most of those people receive less than federal poverty rate, then its safe to say that troubled times are ahead.
Economic recession Eurodollar buys new home 🎉 congratulations 🎉🍾🎊🎈
Seems like we've been in a constant state of crisis/recession ever since I entered the full-time workforce 25 years ago. I'm getting tired of the people that claim to be in control of this dumpster fire of an economy.
Good thing you brought your background with you, or I would've mad. I like the background.
The Fed wasn’t necessarily wrong. The tools they use are very broad. The core problem is weak American businesses reliant on debt and restructuring to promote growth, which collapse when economic factors change. The secondary cause is weak government economic policies which also rely on debt to operate. Our institutions are weak, thus the economy is weak. Saying this was the cause of the Fed is myopic.