As we witness the current economic landscape, it's becoming increasingly clear that we're entering a recession. These times can pose significant financial challenges.
That's one way to go I think Creating a growth plan is crucial. Aligning with a finance consultant or advisor becomes paramount to navigate complexities.
How can I get someone like that?…. I used to work with a firm but my issue with them was that they were very slow in responding to me for updates and plans
Thank you Michelle Makori for your in depth journalism, guest interview with Professor Hanke (Great thinker), and mind stimulating Q & A. Imperative work of utmost importance during this precarious time period. You’re deeply appreciated.
The market, whether in recession or not, will always be positive to shrewd investors. You just have to know your way around the market. The recent Fed cut is a big advantage also that any serious person will take advantage of. No better time to let the economy work for you than now.
Same thing I keep saying. Choose quality stocks and follow them up keenly. If you're not one for such complexities, then work with an Adviser to grow your portf0lio. You can't go wrong with a seasoned CFA. Things will become bullish in no time and the diligent inveestors will smile to the bank. Don't forget the last quarter of the year is upon us.
You're right, I and a few colleagues in NY work with a CFA who prefers we DCA across a number of prospective sectors instead of a lump sum purchase. Following this, my account grew by more than 40% in this 3rd quarter.
KATHLEEN CHERYL CONSTANTZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s seasoned and well known in her field, look her up.
She's "Kathleen Cheryl Constantz". One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
It's never going to happen. They are alternatives to fiat now and that is crypto. Since crypto, fiat debasement have been associated with 15000% increase in crypto overall market cap compared to Gold's 10% increase. The crypto 15000% Will only get bigger as the value of currency gets debased in the Quantitative easing it would take to reverse the recession
The reason money supply contraction can’t be seen as deflationary is because MMT says increasing money supply doesn’t cause inflation, history says otherwise
Goods price levels are determined by the exchange rates not the Money supply in the economy in a deindustrualzed economy. Case study would be the Money theory of money domestic impact on inflation before and after the deindustrualzed.
ALL INDIAN POLITICIANS AND TERRORISTS STOCKS MORE GOLD SO GOLD PRICE SHOULD FALL EVEN MORE..INDIA SHOULD CLEAR ALL LOANS FROM WORLD BANKS BEFORE GOLD PRICE FALLS....
inflation rate below 2% , my friend just received a 500.00 a month rent increase, his eyes are popping out of his head and everyone's talking about low inflation
Yep Sad However when our government is drunk and have access and control of the alcohol they WILL stay drunk to their death 💀. We are in great danger. All the very best
I enjoy every interview with Michelle Makori and Steve Hanke. Great Job. These interviews are not in Mainstream media. Every single interview is an economics class at the University level. Congrats Michelle.
Great questions Michelle you definitely need to get Professor Hanke on Kitco more frequently , Hanke is the real deal and one of the Best economists alive.
The tightening was too aggressive to begin with. The rate hikes have broken an already fragile economy that would have worked out the inflation in the free market. The Fed chose to spark inflation buy napalming the public with stimulus right when the global supply chain was broken and production of good and service basically did not exist during Covid. It was gasoline on the perfect firestorm. Then, instead of letting the inflation work itself out… we hiked rates thousands of times higher than they were in the most massive pounding the Fed has ever given an economy. They chose to break the inflation they created over the backs of the middle class. Now they’re providing a little relief and everyone is acting like it’s going to bring back Covid level inflation and end the world..... Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Sandy Barclays in few weeks, this is one of the best medium to backup your assets incase it goes bearish..
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.
He’s right, but inflation is cumulative. It may have gone up 15% , but now it’s just at 2%, that doesn’t mean anything goes down, or is now affordable; it just means the rate it’s still going up has slowed
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
Who ever lowers anything if and when business is good???? Price? NO, ....Margin? NO,.....Rates? ....NO......this is a government fire sale to save their arses temporarily !!
Splendid interview Michelle 👏 The Fed rate cut will nose dive 🛩. It's like drinking and driving. Sooner or later there's going to be a hell of a wreck. 🚑
Hanke is right. Will I loose money believing the same... No. Might I make less money believing the can will continue to get kicked; yes. I don't care - I'm playing safe.
I love the information provided by Professor Hanke. I do wish he was allowed to talk a little more with less interruption. His speech style is more thoughtful, so a bit slower. Michelle, wait for him to totally finish his thought. I love kitco and this channel.
ALL INDIAN POLITICIANS AND TERRORISTS STOCKS MORE GOLD SO GOLD PRICE SHOULD FALL EVEN MORE..INDIA SHOULD CLEAR ALL LOANS FROM WORLD BANKS BEFORE GOLD PRICE FALLS....
In my opinion moves in market have to be precise at times like this, the US economy is already putting pressure on everyone’s pockets so moves have to be thought with precision. Move wisely
You know I totally agree with you and besides, the US dollar is actually losing its value and it’s purchasing power as time goes on so your savings aren’t a valid way of ensuring your wealth in the nearest future.
Honestly, I realized after five years that attempting to predict market outcomes through chart analysis was futile due to the unpredictable nature. My lack of a mentor led to six years of struggle. I transitioned to following the market's direction and adopting a straightforward, disciplined approach.
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.
I don't comfortably throw recommendations around on the internet, but I've been working with Nancy Magaret Delony. God ! she's brilliant! I'm sure there are others who are good.
Places are cheap for a reason , It's sad how difficult things have become in this recessive economy. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $250K-worth stock portfolio from decline, but haven't figured which way to go.
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short 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 out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
I was travelling the last few weeks, and so was dealing with airports, planes, rental cars, hotels, etc... I passed through three major airports and all of them were crowded. The flights I took were all full, not mostly full but 100% full. Car rentals had few cars left and several hotels had sold out multiple times on different days. So, the economy that I experienced was hardly weak or facing down a recession. It was just the opposite. It was booming. All these videos on YT about a pending recession or downturn - yet I see no evidence of it in real life.
Recession is already in place!!! All one needs to do is look around their communities! The major news providers will avoid telling you but you know better
Our economy is facing challenges due to uncertainties, housing problems, foreclosures, global fluctuations, and the lingering effects of the pandemic, leading to instability. The rising inflation, slow growth, and trade disruptions require immediate action from all sectors to restore stability and promote economic recovery.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
No doubt, getting proper financial counselling is invaluable, my portf0lio is well-matched for every season of the market and just yielded 120% from early last year. I and my CFA are working on a 7 figure ballpark goal, though this could take another year
This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
These experts have been predicting a big FED pivot since the first month the FED raised rates, and here we are years later and they still haven't had this illusive big "FED pivot".
Howzit Michelle, thank you for asking the questions in your interviews, that we are all looking for answers on, I try not to miss any of your interviews. I've lived in the USA for 27 years as a legal immigrant and I've watched the quality and quantity of jobs diminish constantly over the years. As qualified individuals are squeezed out due to age or demographics, lesser qualified staff fill those positions and those qualified individuals that were forced out have to accept lesser jobs, it's a vicious diminishing circle. Labor information data fed to the FED is absolute rubbish and does not account for this reduction in income or any other statistic that matters. It's not a housing crisis or an interest rate crisis, it's that our job market is evaporating, so people are trying to sustain a lifestyle on credit to feed the beast, if our FED can set that standard, why not the everyday American. If we don't find a way to stimulate quality jobs for the American people there is no fixing this mess. We place far too much trust in the FED who clearly do not have our best interest at heart.
I’m not smart enough to process his narrative but ignoring the fact that the money supply is increasing to create liquidity to stimulate economic activity and to service the $35 trillion debt is the impending disaster. His assumption that these actions will have no effect on the confidence of the USD is highly questionable. Forecasting the state of the US economy without incorporating this significant risk is simply wrong. Screwing around with the interest rates just to pump up liquidity will have a consequence, much sooner than they think.
I own a spa, things are definitely slower than years before. Rich people still have money to spend but all my middle class clients have been wiped out by inflation.
Hanke knows his stuff. Reading between the lines, seems he is suggesting the Fed is propping things up until hmmm... perhaps after the first Tuesday after the first Monday in November?
I completely agree with him, the wars are not being priced in. Most are only paying attention to jobs, int rates, and inflation. All of that won’t matter if we don’t sort out these conflicts first
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
When did Hanke become a seasoned general? When he begins talking about geopolitics and war strategy, his equity diminishes significantly. SIGNIFICANTLY.
Yes, the money supply is contracting. That is a good thing. In a world where central banks are reducing their treasuries and buying gold, shrinking the money supply is getting ahead of the curve. BTW, my compliments to Michelle and her team getting Hanke on the program. His main focus is money supply and this is quite a timely topic.
It is mind-boggling that the Fed and BOE and BOC don't see a correlation between the money supply and economic activity and prices. (Inflation, by definition, is an expansion of the money supply.) This makes no sense whatsoever.
It increases credit access,, debt is a matter of choice based on ones level of acceptable risk or just plain ignorance.. the latter is not in short supply.
ALL INDIAN POLITICIANS AND TERRORISTS STOCKS MORE GOLD SO GOLD PRICE SHOULD FALL EVEN MORE..INDIA SHOULD CLEAR ALL LOANS FROM WORLD BANKS BEFORE GOLD PRICE FALLS....
It’s not a criticism of the guest, but we must bear in mind that too many predictions by many well known and highly respected economists on the economy have been less than accurate. It’s not their fault that they are often wrong. Economics is a social science and there are too many unknowns and variables that are hard to factor in while making predictions about the economy. Often economists have their personal or ideological bias and beliefs contaminating their analysis and hence the predictions. Mr. Henke predicted economic storm in 2024 eight months ago, and there is only one quarter left in 2024 for his prediction to come to fruition!
As we witness the current economic landscape, it's becoming increasingly clear that we're entering a recession. These times can pose significant financial challenges.
Indeed, Recessions have a way of affecting people's financial stability and investment portfolios in profound ways.
That's one way to go I think Creating a growth plan is crucial. Aligning with a finance consultant or advisor becomes paramount to navigate complexities.
How can I get someone like that?…. I used to work with a firm but my issue with them was that they were very slow in responding to me for updates and plans
I'm involved with ;
*JOSEPH NICK CAHILL*
Kitco NEWS, you're the reason I love RUclips
and Michelle my Belle
Thank you Michelle Makori for your in depth journalism, guest interview with Professor Hanke (Great thinker), and mind stimulating Q & A. Imperative work of utmost importance during this precarious time period. You’re deeply appreciated.
Michelle asked some good questions
We’ve been in a recession, FED just wont announce it
I've been sayong we've been in a recession for 2 years
BLS announces it.
Actually NBER announces it with BLS data. Typically, a recession isn't officially announced until months after it's already ended.
No problem. Just keep printing! 👍
The FED & there owners set it up that way!
The market, whether in recession or not, will always be positive to shrewd investors. You just have to know your way around the market. The recent Fed cut is a big advantage also that any serious person will take advantage of. No better time to let the economy work for you than now.
Same thing I keep saying. Choose quality stocks and follow them up keenly. If you're not one for such complexities, then work with an Adviser to grow your portf0lio. You can't go wrong with a seasoned CFA. Things will become bullish in no time and the diligent inveestors will smile to the bank. Don't forget the last quarter of the year is upon us.
You're right, I and a few colleagues in NY work with a CFA who prefers we DCA across a number of prospective sectors instead of a lump sum purchase. Following this, my account grew by more than 40% in this 3rd quarter.
KATHLEEN CHERYL CONSTANTZ is who I work with. Have worked with her for about five years now, and her performance has been consistently impressive. She’s seasoned and well known in her field, look her up.
This is very insightful. Hope you don't mind me asking you to recommend your CFP
She's "Kathleen Cheryl Constantz". One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.
Fed lies!
We are so beyond bankrupt. So deep in debt
It’s a joke now.
I think they're trying inflation as a measure to make that debt smaller, inflation will grow faster than the debt.
Gold is about to go Nuclear!!
It's never going to happen. They are alternatives to fiat now and that is crypto. Since crypto, fiat debasement have been associated with 15000% increase in crypto overall market cap compared to Gold's 10% increase. The crypto 15000% Will only get bigger as the value of currency gets debased in the Quantitative easing it would take to reverse the recession
@@burgsymalone8269 people will always want something physical.
@@burgsymalone8269Did you check out BTC’s 6 month chart: lower & lower & lower highs… How many central banks own BTC?
Yeah, yeah. Never heard that before...
Gold will just pop like a pop rock. Bitcoin will go nuclear. 🚀
FED NO MORE
Audit the FED.
Real inflation is about 13 percent TODAY
Over 20 %
@@RickyGorski-gn9wd Some food prices up over 100%
Almost every item is in a grocery store is up between 20% and 50%
“The labor market is in solid shape.”… shape of a pile of shit
The reason money supply contraction can’t be seen as deflationary is because MMT says increasing money supply doesn’t cause inflation, history says otherwise
Increase of the currency ( Money) supply = Venezuela Hyperinflation.
Goods price levels are determined by the exchange rates not the Money supply in the economy in a deindustrualzed economy. Case study would be the Money theory of money domestic impact on inflation before and after the deindustrualzed.
how do we know anyways the data about money supply is reliable? they could write or say whatever.
@@herbertjones1744 How do you explain comparative low inflation in the last few years in Japan despite a very much weaker Yen?
ALL INDIAN POLITICIANS AND TERRORISTS STOCKS MORE GOLD SO GOLD PRICE SHOULD FALL EVEN MORE..INDIA SHOULD CLEAR ALL LOANS FROM WORLD BANKS BEFORE GOLD PRICE FALLS....
Michelle is why I love RUclips!
inflation rate below 2% , my friend just received a 500.00 a month rent increase, his eyes are popping out of his head and everyone's talking about low inflation
Yep
Sad
However when our government is drunk and have access and control of the alcohol they WILL stay drunk to their death 💀.
We are in great danger.
All the very best
We have been in recession for the last 1.5 years and now tipping into depression. A tidal wave of money printing is about to hit.
I enjoy every interview with Michelle Makori and Steve Hanke. Great Job. These interviews are not in Mainstream media. Every single interview is an economics class at the University level. Congrats Michelle.
Great questions Michelle you definitely need to get Professor Hanke on Kitco more frequently , Hanke is the real deal and one of the Best economists alive.
Michelle always and without fail gives us the best view of the bust up ahead.
no pun intended?
(.Y.) 👀
Michelle always gets right to the point, which I appreciate.
Michelle and Danielle Dimartino Booth provide the best views on the economy imo
The tightening was too aggressive to begin with. The rate hikes have broken an already fragile economy that would have worked out the inflation in the free market. The Fed chose to spark inflation buy napalming the public with stimulus right when the global supply chain was broken and production of good and service basically did not exist during Covid. It was gasoline on the perfect firestorm. Then, instead of letting the inflation work itself out… we hiked rates thousands of times higher than they were in the most massive pounding the Fed has ever given an economy. They chose to break the inflation they created over the backs of the middle class. Now they’re providing a little relief and everyone is acting like it’s going to bring back Covid level inflation and end the world..... Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 520k from day trading with Sandy Barclays in few weeks, this is one of the best medium to backup your assets incase it goes bearish..
@SandyBarclays .
The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
Recession are unavailable part of the economic cycle, all you can do is prepared for them and plan accordingly.
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.
I appreciate the professionalism and dedication of the team behind Sandy’s trade signal service.
Hanke believes the inflation rate is 2% lol. Where does he buy HIS groceries? I want to start doing my shopping there.
No kidding !
1) inflation is not just based on food prices 2) inflation is a relativel measurement compared to previous date.
You're welcome.
He’s right, but inflation is cumulative. It may have gone up 15% , but now it’s just at 2%, that doesn’t mean anything goes down, or is now affordable; it just means the rate it’s still going up has slowed
@@INTERNETVID 5 Finger Discount & Stickm Up Storrs!!! BYO facemask
Hanky doesn't have a clue! The money you use government CPI your calculation is worth garbage.
Million $ question:- Does US govt really possess 8000 tones of gold at Fort Knox as they claim? It has never been audited since 1957.
5% chance
@@mediaisevil6730So much confidence there. 5%? I’d wager that’s a 0% chance of being 8K tons or more.
Why would gold disappear from Fort Knox? Where would it go?
Currency was once backed by gold now its backed by ego
@@Verifyourage Pretty promises. The gold is safe. (yah, but just not here).
The FED knows the economy like Kamala knows the boarder 😂😂😂
The Fed does know since their best friend is the Banksters!! They will own everything and supposedly, we will like it?
And like you know English spelling.
@@mbojilov1 always some smart guy out there ? Thinking he is in English class solving the world one misspelled word at a time.
Knowing and doing are not the same!
Knowing and doing are not the same
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
111 years since 1913.
Vote trump
This comment is on every you tube video
thats the plan lol . Your not suppose to get ahead.
When will the bad news become the bad news?
Who ever lowers anything if and when business is good???? Price? NO, ....Margin? NO,.....Rates? ....NO......this is a government fire sale to save their arses temporarily !!
Michelle great interview. Steve is a great guest
Low inflation except for unimportant things like food, shelter and transport.
Hahahahah 🤣
Most people are overweight.
Great interview Michelle. Prof. Hanky is one of the brightest economic minds in the US.
Splendid interview Michelle 👏
The Fed rate cut will nose dive 🛩.
It's like drinking and driving. Sooner or later there's going to be a hell of a wreck. 🚑
Pretty amazing how easily distracted the crowd is with rates when Western Civilization is collapsing.
The James Bond girl Michelle Makori ❤
Prof. Hanke has really good points.
I listened to this twice. This should have 23M not 23k views!
Hanke is right. Will I loose money believing the same... No. Might I make less money believing the can will continue to get kicked; yes. I don't care - I'm playing safe.
Michelle, you should have asked the Professor his opinion on gold being made a Tier 1 asset. ❤ the interview.
The FED, caught between the devil and the deep blue sea.
The rabbit hole economy powell
Nice to see some people with actual knowledge and common sense
I love the information provided by Professor Hanke. I do wish he was allowed to talk a little more with less interruption. His speech style is more thoughtful, so a bit slower. Michelle, wait for him to totally finish his thought. I love kitco and this channel.
This is a great addition to David Linn's recent interview with Prof. Hanke..! Are these guys in cahoots? Great vid!
Thanks so much. Professor Hanke is brilliant.
And when the FED buys bonds from the government that's basically money printing
The only solution lies that governments should create their own debt free currencies instead of central banks worldwide....
Great interview !! Michelle was asking the tough questions !!
Glad you enjoyed it!
@@kitco Watch Miko Peled’s interviews & read the “General’s Son”, speaking of your geopolitical expertise!
ALL INDIAN POLITICIANS AND TERRORISTS STOCKS MORE GOLD SO GOLD PRICE SHOULD FALL EVEN MORE..INDIA SHOULD CLEAR ALL LOANS FROM WORLD BANKS BEFORE GOLD PRICE FALLS....
@@kitco”Israeli soldiers were filmed apparently pushing three bodies from roofs in the occupied West Bank.”
In my opinion moves in market have to be precise at times like this, the US economy is already putting pressure on everyone’s pockets so moves have to be thought with precision. Move wisely
You know I totally agree with you and besides, the US dollar is actually losing its value and it’s purchasing power as time goes on so your savings aren’t a valid way of ensuring your wealth in the nearest future.
Honestly, I realized after five years that attempting to predict market outcomes through chart analysis was futile due to the unpredictable nature. My lack of a mentor led to six years of struggle. I transitioned to following the market's direction and adopting a straightforward, disciplined approach.
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.
I don't comfortably throw recommendations around on the internet, but I've been working with Nancy Magaret Delony. God ! she's brilliant! I'm sure there are others who are good.
thanks for putting this out, it has truly rekindled the fire to my goal...
Why is the head of the Fed a lawyer???
Still have the elephant in the room 35.2 trillion dollars in debt and democrats want to spend another 7 trillion
Great interview guys! Super thx!
excellent again- best interviewer of them all
Great guest and interview...thanks Michelle.
Yields went higher after the rate cut
porfit taking
I never thought the federal reserve bank should have been created. They actually help the rich get richer. Go back to gold standard.
If you remove FED, your money in all banks loose protection. You may lose all of them.
Love kitco news
I’m llooking at it! We’re in a recession! Good grief!🙄
She is a real unbiased journalist and most importantly, allows the Prof say his piece. The other MSM woke and pseudo news men need to learn from her.
Great interview with Prof. Hanke👍Thank you!
Places are cheap for a reason , It's sad how difficult things have become in this recessive economy. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $250K-worth stock portfolio from decline, but haven't figured which way to go.
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short 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 out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
Her name is. 'Jessica Lee Horst’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
Steve is the best
The professor has spoken, and you better be paying attention.
Thank you, professor, for the truth about the US proxy war against Russia using Ukraine!
Recession is HERE !!!
Very insightful! No BS! Stick with the tried and tested theories! Thanks 🙏
I was travelling the last few weeks, and so was dealing with airports, planes, rental cars, hotels, etc... I passed through three major airports and all of them were crowded. The flights I took were all full, not mostly full but 100% full. Car rentals had few cars left and several hotels had sold out multiple times on different days. So, the economy that I experienced was hardly weak or facing down a recession. It was just the opposite. It was booming. All these videos on YT about a pending recession or downturn - yet I see no evidence of it in real life.
Powell lies.
These experts can never think out of the box. They live in their cocoons.
A rate cut was a major mistake. Expect more inflation
And in a moment of sincere transparency, "quite frankly it's stupid" .... my favorite moment of the interview.
US job lost going up, and govt. spending is increasing
Michelle is amazing!
Recession is already in place!!! All one needs to do is look around their communities!
The major news providers will avoid telling you but you know better
Our economy is facing challenges due to uncertainties, housing problems, foreclosures, global fluctuations, and the lingering effects of the pandemic, leading to instability. The rising inflation, slow growth, and trade disruptions require immediate action from all sectors to restore stability and promote economic recovery.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
No doubt, getting proper financial counselling is invaluable, my portf0lio is well-matched for every season of the market and just yielded 120% from early last year. I and my CFA are working on a 7 figure ballpark goal, though this could take another year
This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
Just research the name LUCIA ALICIA CRUZ. You’d find necessary details to work with a correspondence to set up an appointment.
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.
Wow, sponsored by Goldback, Mike Adams investment.
Love how many people point out shes in new york after she corrected that one guy
These experts have been predicting a big FED pivot since the first month the FED raised rates, and here we are years later and they still haven't had this illusive big "FED pivot".
Howzit Michelle, thank you for asking the questions in your interviews, that we are all looking for answers on, I try not to miss any of your interviews. I've lived in the USA for 27 years as a legal immigrant and I've watched the quality and quantity of jobs diminish constantly over the years. As qualified individuals are squeezed out due to age or demographics, lesser qualified staff fill those positions and those qualified individuals that were forced out have to accept lesser jobs, it's a vicious diminishing circle. Labor information data fed to the FED is absolute rubbish and does not account for this reduction in income or any other statistic that matters. It's not a housing crisis or an interest rate crisis, it's that our job market is evaporating, so people are trying to sustain a lifestyle on credit to feed the beast, if our FED can set that standard, why not the everyday American. If we don't find a way to stimulate quality jobs for the American people there is no fixing this mess. We place far too much trust in the FED who clearly do not have our best interest at heart.
when you realize who is lying, why don't you tell the public? its central banking and it sure ain't the government.
I’m not smart enough to process his narrative but ignoring the fact that the money supply is increasing to create liquidity to stimulate economic activity and to service the $35 trillion debt is the impending disaster. His assumption that these actions will have no effect on the confidence of the USD is highly questionable. Forecasting the state of the US economy without incorporating this significant risk is simply wrong. Screwing around with the interest rates just to pump up liquidity will have a consequence, much sooner than they think.
All that you hear is job lay offs but no one will admit that it is a problem.
I own a spa, things are definitely slower than years before. Rich people still have money to spend but all my middle class clients have been wiped out by inflation.
Powell is a RINO!
Hanke knows his stuff. Reading between the lines, seems he is suggesting the Fed is propping things up until hmmm... perhaps after the first Tuesday after the first Monday in November?
I completely agree with him, the wars are not being priced in. Most are only paying attention to jobs, int rates, and inflation. All of that won’t matter if we don’t sort out these conflicts first
The FED has arrived at a earthquake zone with a broom
Money supply increases are the next magical moments to rescue the rapidly decline in the economy ( of any countries ).
She pissed him off at the end.
How/why?
PBC did pause on buying gold, right?
The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future..
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
When did Hanke become a seasoned general? When he begins talking about geopolitics and war strategy, his equity diminishes significantly. SIGNIFICANTLY.
No it doesn't.
Yes, the money supply is contracting. That is a good thing. In a world where central banks are reducing their treasuries and buying gold, shrinking the money supply is getting ahead of the curve. BTW, my compliments to Michelle and her team getting Hanke on the program. His main focus is money supply and this is quite a timely topic.
So is your money suppy contracting? It's our MM2 not the banks.
The Democrat called and said we are looking like sh*t drop 50points. the fed was like ok going 50down.
Professor is a legend
It is mind-boggling that the Fed and BOE and BOC don't see a correlation between the money supply and economic activity and prices. (Inflation, by definition, is an expansion of the money supply.) This makes no sense whatsoever.
Interst rate cut are to encourage more debt. Debt for the average consumers is a bad thing . 😢
It increases credit access,, debt is a matter of choice based on ones level of acceptable risk or just plain ignorance.. the latter is not in short supply.
ALL INDIAN POLITICIANS AND TERRORISTS STOCKS MORE GOLD SO GOLD PRICE SHOULD FALL EVEN MORE..INDIA SHOULD CLEAR ALL LOANS FROM WORLD BANKS BEFORE GOLD PRICE FALLS....
Nah mate you said 2023 recession. Politicians and economists have short term memories and need fact checking
Steve said he expects housing prices to go up. How are prices going to go up, if more people are out of work?
It’s not a criticism of the guest, but we must bear in mind that too many predictions by many well known and highly respected economists on the economy have been less than accurate. It’s not their fault that they are often wrong. Economics is a social science and there are too many unknowns and variables that are hard to factor in while making predictions about the economy. Often economists have their personal or ideological bias and beliefs contaminating their analysis and hence the predictions. Mr. Henke predicted economic storm in 2024 eight months ago, and there is only one quarter left in 2024 for his prediction to come to fruition!
FED should have cut the rate by .75% or 1% - and the same next time as the economy is in a free fall.
Is that why they reduce the funds rate slowly & M2, to increase the latter & to reduce the former even more aggressively when they panic?
I’m just here for Michelle’s cans 😻