PREPARE for the Coming Recession & Market Reset (3 Steps)

Поделиться
HTML-код
  • Опубликовано: 13 май 2024
  • 1️⃣ ✅ 🌟 Kevin's Courses on Wealth w/ Private Livestreams (Real Estate, Stocks, Productivity): meetkevin.com EXPIRING 3-31-2024 2️⃣ ✅ 🚨 June 21-23 Millionaire Symposium: events.meetkevin.com/ 3️⃣ ✅ 🏘️ Life Insurance: metkevin.com/life 4️⃣ ✅ 🎥 Webull metkevin.com/webull 5️⃣ ✅ 💎 eHack News at eHack.com 6️⃣ ✅ 📰 My Daily Newsletter: meetkevin.com/daily
    Titanic Market Crash 1: • The Market is Crashing...
    Titanic Market Crash 2: • The Market May Crash l...
    00:00 Intro.
    02:09 The Fed FOMC Rate History.
    03:05 Phase 1: The AI Productivity Issue.
    12:05 Phase 2: Depletion.
    22:00 Phase 3: Housing.
    📝Disclaimer:
    This video is not personalized advice for the viewer.
    #meetkevin #househack #JuneVegasEvent

Комментарии • 228

  • @tehuti112
    @tehuti112 Месяц назад +303

    Please stop with the click baity titles bro. I used to love the unbiased videos on whats really going on in the market now.

    • @SFX_714
      @SFX_714 Месяц назад +8

      This please

    • @ghost_D
      @ghost_D Месяц назад

      Go f yourself . Watch something else

    • @NewtonNuggets
      @NewtonNuggets Месяц назад +7

      He has been so biased with his trading. He has been wrong with tesla, nvidia etc saying that tesla has pp and nvidia is expensive. He lost my trust at least 😢

    • @thomasdriskill5254
      @thomasdriskill5254 Месяц назад

      kevn stays bearish on crypto huge fail. also stocks will Oviously run until election 🇺🇸

    • @josesammut9396
      @josesammut9396 Месяц назад +1

      I wa5ch the videos not the thumbnai,s

  • @RockawayBeachNY
    @RockawayBeachNY Месяц назад +81

    Crash and Correction are two different things.

    • @mr.g.5396
      @mr.g.5396 Месяц назад +6

      100%

    • @shancunma6001
      @shancunma6001 Месяц назад +2

      a crash half way or a quarter way there would be a correction

  • @henrymitchell9717
    @henrymitchell9717 Месяц назад +7

    Crashes and bubbles are persistent features of financial markets and are exacerbated by narratives. The narrative is always different but something’s don’t tend to change, most notably, returns after crashes are more often positive than negative and new paradigm bubbles tend to have disappointing returns.

  • @TrevTrades
    @TrevTrades Месяц назад +37

    Remember folks, fear mongering gets you more clicks and views.

  • @jasonw8497
    @jasonw8497 Месяц назад +21

    would be more Honest of Kevin to track when he's been wrong too

  • @michaellightbown9492
    @michaellightbown9492 Месяц назад +69

    Give you credit. You did predict a big market drop back in 2022. But you failed to mention that you reversed yourself shortly thereafter.

    • @ghost_D
      @ghost_D Месяц назад +4

      You would know if you were a paid member

    • @heikodatchi3715
      @heikodatchi3715 Месяц назад +4

      It wasn't a reversal, he read the market and made the call.

    • @josesammut9396
      @josesammut9396 Месяц назад

      Market reversed too, whts your poijt

    • @donnymiddlebrook
      @donnymiddlebrook Месяц назад

      He made an assumption, not a prediction. There's a difference.

  • @Dave-zl2ky
    @Dave-zl2ky Месяц назад +95

    What sells best right now is gloom & doom on RUclips. People want bucketfuls of the stuff.

    • @TylerN-ce6to
      @TylerN-ce6to Месяц назад +9

      *People want affordable houses. So, yes there is an odd hope for a crash.

    • @k1ngl3bron6
      @k1ngl3bron6 Месяц назад +3

      So why was Kevin bullish the last year and a half?

  • @Devron119
    @Devron119 Месяц назад +25

    How long are you going to say the same shit? All for views

  • @costafilh0
    @costafilh0 Месяц назад +1

    You need a larger movable glass and someone to push it and clean it outside the camera frame.
    This way it can move from one side to the other and you will always have a clean canvas whenever you need it.

  • @pubwvj
    @pubwvj Месяц назад +2

    People keep touting the idea of GPT summarizing articles to them but I am not so sure about that. We have had executive summaries and abstracts for a long time. SOP in science papers. And it does not replace reading and understanding the full paper. It is a summary. It does not really make you smarter in the way that real understanding gives you.

  • @varunpendharkar6305
    @varunpendharkar6305 Месяц назад +41

    I have slightly different theory. 1)AI is neither going to make us efficient or productive in near term
    2) Companies investing like mad in AI will have neither top line nor bottom line to show did it
    3) they will start laying off
    4) consumer rolls over and stops spending
    5) crash

    • @k1ngl3bron6
      @k1ngl3bron6 Месяц назад +3

      Facts

    • @FinancialToolBuilder
      @FinancialToolBuilder Месяц назад +3

      I'm a software develloper, On tasks requiring a ramping up on a new technology, what used to take a week now can be done in couple hours.
      It doesn't replace expertise yet, but for Proof of Concepts, building new tools, understanding new stuff, it is a very big efficiency gain.
      So this piece that was 20% of the job is cut by 80%.
      There are other improvements on other types of tasks, not as big as 80%, but there is no denying that there is a global efficiency gain for people using AI correctly.
      The amount of people using it and benefiting from it, is probably lower than what the market expects though.

  • @MrsParkerToYou
    @MrsParkerToYou Месяц назад +3

    Oh Lord here we go! I’ve been holding my breath all day

  • @heikodatchi3715
    @heikodatchi3715 Месяц назад +5

    😂 that was the best into 😂.
    I took half of your advice in 2022, kind of wish I took the whole advice

  • @SparkVisionHub
    @SparkVisionHub Месяц назад +12

    Kevin no one can predict a recession.

    • @AyjayAlleyway
      @AyjayAlleyway Месяц назад +3

      The stock market is going up while the economy is rapidly spiraling.

  • @OhzoneCrypto
    @OhzoneCrypto Месяц назад +1

    Stay Strong Kev

  • @Vortex_Capital
    @Vortex_Capital Месяц назад

    Love it. Good job bro. Margins will go up

  • @davek1833
    @davek1833 Месяц назад

    Great video kevin ! Thank you

  • @ItsBrightOne
    @ItsBrightOne Месяц назад +1

    Great video as always

  • @imnotanalien7839
    @imnotanalien7839 Месяц назад +2

    The UPS driver told me , 2 days ago , UPS was laying off thousands of drivers. I asked him why, he said to increase profits. I asked him if business deliveries were less, he said no. I don’t know if that’s true, but that’s what he told me.

  • @jpiedra52884
    @jpiedra52884 Месяц назад +13

    Predicted bank failures? Stock market crash? I don't remember

  • @TiagoRamosVideos
    @TiagoRamosVideos Месяц назад +1

    Great explanation 👌

  • @costafilh0
    @costafilh0 Месяц назад +1

    Great insight! Thanks!

  • @ysamuelarai
    @ysamuelarai Месяц назад

    Great thesis!

  • @AlonzoLivin
    @AlonzoLivin Месяц назад

    Great info man. Makes sense as a business owner

  • @philstreza2886
    @philstreza2886 Месяц назад

    Dude; Nurse Phil here from the financial audits; those titanic videos were spot fucking on man. They were great back then and even greater today. (side note titanic is one of my favorite movies of all time lol). I agree Kev; the market feels frothy

  • @mrexcellent6190
    @mrexcellent6190 Месяц назад

    THE TITANIC REFERENCES - HILARIOUS BROOO DIEING OVER HERE WELL DONE

  • @GetRekt226
    @GetRekt226 Месяц назад +19

    That got morbid, fast. Titanic references were pretty spot on.

  • @ChaosCanvas07
    @ChaosCanvas07 Месяц назад +1

    Welcome to the other side brother. Have you given energy a shot? 10% dividend players in Canada

  • @John-dc2vb
    @John-dc2vb Месяц назад

    Thank you Kevin for sharing that road map. Most people don't wanna hear this is all going end at some point and that video will probably not grow popular for that reason. I'm ready to sell and short the hell out of everything when time comes. We'll make even more money on the way down.

  • @sonnycorona
    @sonnycorona Месяц назад +24

    I thought this was a George Gammon video😂

  • @markuswilliams2944
    @markuswilliams2944 Месяц назад +2

    Markus with a k checking in from coconut creek fl

  • @k0bb
    @k0bb Месяц назад +1

    FACT CHECK: The most recent recession declared by the NBER was the pandemic recession, which lasted from February to April 2020, but there hasn't been another recession declared since then.
    However, there have been periods of economic slowdown and volatility since 2021, so some people may argue that there have been unofficial recessions or "mini-recessions" during that time. Certainly nothing close to what Meet Kevin described in this forecast at the start of this video. In short, no "crashes" or recessions in the US since his predictions 2 years ago.

  • @iam0necstacy
    @iam0necstacy Месяц назад +3

    24:41 summary
    25:50 what to do
    Buy the dip on assets😂🎉

  • @gooseman-
    @gooseman- Месяц назад +11

    Can we get a facts check guys?

  • @fergman300
    @fergman300 Месяц назад +1

    How much time do we have....Crash in what year? Ive got 70% of my retirement in high growth and retire next year. Should I move it to cash or let it ride baby...lol.

  • @NichoD3
    @NichoD3 Месяц назад +1

    Can someone please create a reverse PP ETF

  • @datanewt6938
    @datanewt6938 Месяц назад +3

    Contra-kevin has been printing this past month

  • @suzannesaturday9616
    @suzannesaturday9616 Месяц назад

    Economics is subject to the limits of the planet’s productivity.
    This conversation is so last century

  • @billflipper1130
    @billflipper1130 Месяц назад

    Did u predict the ftx crash?

  • @joycekoch5746
    @joycekoch5746 Месяц назад +1

    Da Build Back Betta Ekonomee.

  • @lenaic3360
    @lenaic3360 Месяц назад

    why after Qs gapped up $3.5 >_> TBF you also said crash by mid march...

  • @breaktide251
    @breaktide251 Месяц назад +1

    11:58 yup

  • @grega8334
    @grega8334 Месяц назад +1

    I came with my calendar, but I left with an understanding.

  • @user-py7or7zi5k
    @user-py7or7zi5k Месяц назад

    I'm no expert but I think it's safe to say Kevin is really smart and gives thoughtful and insightful analyses of the economy and finance. It's just a shame he feels the need to milk every last penny out of the monetization of his abilities.
    I'm not saying he shouldn't make money from RUclips and whatever courses he offers. My point is that intellectually honesty demands that one share knowledge for its own sake and whatever reward comes from that is secondary. He could learn from Dumb Money Live in that respect, especially since I'm pretty sure he'd be just fine without the additional revenue from clickbait, exaggerated convictions and such.

  • @oebydoeby
    @oebydoeby Месяц назад +12

    Ppl working with AI expect the world to change tomorrow... they dont understand it is more like stearing a oil tanker. It takes time but when it does start there is no stopping it. I dont see AI as a thing for tomorrow but for the next 5 to 10 years. What ppl call AI today was just called big data last year. Relatively few companies actually work with a AI. That takes some time.

  • @bamrindn8888
    @bamrindn8888 Месяц назад +6

    What a waste of time

  • @ghost_D
    @ghost_D Месяц назад +5

    I am selling everything tomorrow. And waiting for correction, thank you, kevin

  • @jonathanmusick2571
    @jonathanmusick2571 Месяц назад +1

    Kevin, good value today. I've watched your positions evolve; these adaptations are a super power.

  • @Mrfoo2002
    @Mrfoo2002 Месяц назад

    Amazing video

  • @shancunma6001
    @shancunma6001 Месяц назад

    I love episodes like this

  • @nnguyen2000
    @nnguyen2000 Месяц назад +1

    Kevin, do you have to draw backwards (mirror image) in this video? If so, thats talent

    • @tactileslut
      @tactileslut Месяц назад

      No, he doesn't; the camera does that. Swapping in a dark grey jacket would improve legibility.

    • @donnymiddlebrook
      @donnymiddlebrook Месяц назад

      Drawing backwards takes practice, not talent.

  • @edwoolsey5107
    @edwoolsey5107 Месяц назад +1

    Bloomberg just said Friday it’s looks like No recession

  • @michaeljohnston9525
    @michaeljohnston9525 Месяц назад +3

    Cramer = Kevin

    • @ryanglaser5336
      @ryanglaser5336 Месяц назад

      Cramer is losing sleep tossing and turning going back & forth on TSLA 😂

  • @edcfyau
    @edcfyau Месяц назад

    What about TSLA? FSD is such a revolutionary product yet TSLA didn’t ride the AI wave up. Now AI is overvalued and a correction is coming? TSLA already crashed this year and two years ago, so what’s gonna happen?

  • @uroszecevic1389
    @uroszecevic1389 Месяц назад +1

    Hbar and icp

  • @emlinares9587
    @emlinares9587 Месяц назад

    Beam me up Scotty!
    Still have time on the clock.

  • @MogulSuccess
    @MogulSuccess Месяц назад

    The proper correlation is
    AI is crude oil
    Crude Oil is in 6,000 products today.
    Ai will do the same - whichever company "barrels" up AI will become the new Dubai.
    how to invest in this
    Invest in the AI Foundry - however all industries will be reshaped, and new ones will emerge - as is the way to invest in oil
    AI is a commodity.

  • @ProwlerDigital
    @ProwlerDigital Месяц назад

    With rate cuts 3 months away, why would we pull back

    • @justSTUMBLEDupon
      @justSTUMBLEDupon Месяц назад

      Because rate cuts are either:
      A) not actually 3 months away
      B) something breaks and it’s 3 months away
      There is no way the Fed will have enough data to lower anything. They might lower for political reasons maybe, but the data won’t back it up. Maybe by July inflation will be under control, but does inflation usually go down in the summer just when gas prices go higher? Rents still up, insurance up, used cars still going higher, housing going higher, so why would they cut?

  • @learnprogress6618
    @learnprogress6618 Месяц назад

    Ur the utube guys that talked about self driving coming including Warren red , anyone with common sense knew it will take many yrs plus more to be ok , we was told tes would go up without that , when new factories open in Germany and Texas.

  • @hadiza1
    @hadiza1 Месяц назад

    💚💚💚

  • @carlaskew8679
    @carlaskew8679 Месяц назад

    These video formats. I love them

  • @Visslle
    @Visslle Месяц назад +1

    and u sold Tesla before it crash to $109 ...thx

  • @tirthb
    @tirthb Месяц назад +9

    As an option seller, I would like to see more volatility.

    • @mcnutterfudgn
      @mcnutterfudgn Месяц назад

      Might want to switch it up and there’s a ton of volatility.

    • @MrSomsoc
      @MrSomsoc Месяц назад

      As an option buyer, I am also looking for it.

    • @ItsRandall22
      @ItsRandall22 Месяц назад

      Literally the best time to have been selling options.
      iron condors on the ones chopping and then selling puts or call when the skew is high on NVDA or any other volatile ones

    • @jmsena
      @jmsena Месяц назад

      haven't sold an option since December, and no iron condors since October. frustrating but that's why you have positions as well as cash so you can play both markets.

    • @justSTUMBLEDupon
      @justSTUMBLEDupon Месяц назад

      It’s coming. Probably start with the banks

  • @izzy.e
    @izzy.e Месяц назад

    AI already taking jobs, like in Fast food.. Every Carl's Jr I have been to in the last several months has had AI driven drive thru speakers.. and two I visited most recently, had boarded up the old payment drive thru window and only had the pick up window..

  • @Nighthawk30722
    @Nighthawk30722 Месяц назад +1

    Nike swish was you prediction.

  • @rise9129
    @rise9129 Месяц назад

    More efficiency doesn't guarantee more productivity however it will help cut your expenses thus increasing profits

    • @SmartestDumbGuy
      @SmartestDumbGuy Месяц назад +2

      Making more profits with less people absolutely means increase in productivity per person.

  • @07874axel
    @07874axel Месяц назад +1

    I used to respect this channel

  • @k0bb
    @k0bb Месяц назад +1

    In fact there have not been any major stock market crashes in the US since December 2021. There have been periods of market volatility and declines, but nothing that has been officially classified as a stock market crash. I know the definition of "a crash" is somewhat subjective, which is what he's relying on to cover his ass but even by the most conservative assessment, there hasn't been any CRASHES since December 2021. Tho it might have felt like a crash if ur portfolio performed worse than the rest of the market 😂

  • @davek1833
    @davek1833 Месяц назад +7

    What if we can reduce to a 30 hour work week?

    • @justSTUMBLEDupon
      @justSTUMBLEDupon Месяц назад +5

      With Ai, you will become unemployed so that’s a way of getting to the 30 hour work week

    • @FinanzasFuerzadeGuerrero
      @FinanzasFuerzadeGuerrero Месяц назад

      😂 we won't be able to afford anything

  • @zico6655
    @zico6655 Месяц назад +4

    My man you have no idea what you're talking about quit yapping this isn;t real estate

  • @junior63
    @junior63 Месяц назад

    we here

  • @lanebarker297
    @lanebarker297 Месяц назад +1

    another day........another day strait up. NOTHING NEW

  • @breaktide251
    @breaktide251 Месяц назад +2

    25:06 haha yeah so to speak..

  • @nellosnook4454
    @nellosnook4454 Месяц назад +1

    Thanks Kevin! 👍

  • @jameslucas5590
    @jameslucas5590 Месяц назад +28

    Warning signs? Whatever. Hurry up and reset already.

    • @mcnutterfudgn
      @mcnutterfudgn Месяц назад +3

      It won’t. You missed it in 2020 and 2022. 😂

    • @jameslucas5590
      @jameslucas5590 Месяц назад

      @@mcnutterfudgn LOL. Oh no I didn't But I do think we are over bought. I would like to see a correction. The NASDAQ is my index.

    • @SteveJohnson-ht6kv
      @SteveJohnson-ht6kv Месяц назад +5

      The great reset is coming. Kevin said so 69 times in the last week.

  • @matthewsemenuk7544
    @matthewsemenuk7544 Месяц назад

    literally took a shot, RIGHT before saying him even saying to take a shot every time he said "buy now pay later" weird. - but isn't "buy now pay later" just like another credit card or another rebranded form of debt? Since it is for food*, is that interest rate cheaper? So people who use it already are likely already in debt with lets say their credit card? I believe It's just a terrible idea as the risk is just too high. Unless having known debt that will never be repaid is profitable. Otherwise, people should just be able to pay for their food up front. (there is no buy now pay late in my country.)

  • @raiderdrew988
    @raiderdrew988 Месяц назад

    GOLD

  • @ychongy
    @ychongy Месяц назад +4

    You were bearish, then suddenly back to bullish and now back to bearish 👻

    • @kay2187
      @kay2187 Месяц назад

      he has to pay for that jet

  • @markcantore9938
    @markcantore9938 Месяц назад +1

    You can definitely make more money off a paper towel factory than stocks

  • @rajivbachhu
    @rajivbachhu Месяц назад +5

    The quality of content in this video was next level. Produce more of this :)

  • @jamesd5356
    @jamesd5356 Месяц назад +1

    You're the goat man, never forget it

  • @jonab.5508
    @jonab.5508 Месяц назад

    it takes time to unfold, maybe 8 - 10 Years... this is the true next resession ore the one after in 16-20 Years.. and it wil be a big one ..

  • @gretchenbond784
    @gretchenbond784 Месяц назад

    I do so love Titanic

  • @Bwanar1
    @Bwanar1 Месяц назад

    AI can only help certain businesses. There are lot of business that are people driven.

  • @Spinonemaster
    @Spinonemaster Месяц назад

    Lag effect will be the Iceberg .... normalcy bias is a killer in the markets .... ie; stonks only go up

    • @sunrizen
      @sunrizen Месяц назад

      as the iceberg grows bigger, it will eventually be impossible for fiscal policy to steer around

  • @adamsmietana5265
    @adamsmietana5265 Месяц назад +3

    Has also said nvidia was over valued before the may 2023 earnings as well.

  • @jimfindrick6443
    @jimfindrick6443 Месяц назад

    Dude, increased efficiency lowers costs which lowers pricing which increases demand which increases productivity. Nobody's going to be standing around the water cooler with this revolutionary gold rush. There will soon be market demand you can't even fathom right now. You sound like the old CEO of DEC who once said there will never be a market demand for a computer at home. 😂

  • @jordangaudio6729
    @jordangaudio6729 Месяц назад +2

    The answer to offset layoffs that happen from AI has always been a comprehensive Ubi. Too bad the government moves too slowly and will be late to make changes before the mass layoffs begin.

    • @shinsource
      @shinsource Месяц назад

      Ubi doesn't work because it ultimately creates more inflation. Sure you can give everyone $1000 a week but things will end up costing 10x more. Then you're back to square one.

  • @Socal_2498
    @Socal_2498 Месяц назад

    Can't we trust that AI will know seconds before it happens ~
    Best thing about AI is growing crops with saltwater.

  • @paulmtor7324
    @paulmtor7324 Месяц назад

    A.I is not LLM

  • @jgg204
    @jgg204 Месяц назад

    Don't bring the Titanic into this. lol

  • @d.edwardmeade3683
    @d.edwardmeade3683 Месяц назад

    @00:17 Joe Biden. LMAO!! 🤣🤣🤣 👏👏👏👏👏

  • @monalisa6447
    @monalisa6447 Месяц назад

    You’re gonna have to lower the prices on Building your Wealth courses. 😅

  • @KenjiEspresso
    @KenjiEspresso Месяц назад

    Cash and NVDA paid off.

  • @kirkdavis2967
    @kirkdavis2967 Месяц назад

    My thing is with AI is that yes it will provide a lot of productivity and utility but it is over blown as of now and the near future. Once scientists are able to fully figure out quantum computers that’s when the full power of AI will change everybody’s lives. AI + QC = Massive technological revolution

  • @ramseycoreyfit
    @ramseycoreyfit Месяц назад

    Ai will boost the country’s productivity per capita

  • @Mrinvestors11
    @Mrinvestors11 Месяц назад +1

    I really doubt this is going to happen with the presidency up for grabs

  • @JuanMauricioBailon
    @JuanMauricioBailon Месяц назад

    This theory seems too far fetched. To make the AI doom to unfold, it would require a massive adoption into the larger markets supporting the economy... let's say manufacturing, first the companies would have to figure out the tasks that AI will have to support and design the environment to make it work; production, machines maintenance, quality control are areas that require more than AI to be functional.

  • @terryo1463
    @terryo1463 Месяц назад

    Is the recession coming I feel like I have been in recession for a long time now

    • @donnymiddlebrook
      @donnymiddlebrook Месяц назад

      Just hold tight, it will happen in a year or 10. But when it happens, Kevin will have "predicted" it.

  • @iam0necstacy
    @iam0necstacy Месяц назад +1

    Glass black board sucks