PREPARE for the Coming Recession & Market Reset (3 Steps)
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- Опубликовано: 29 май 2024
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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
Please stop with the click baity titles bro. I used to love the unbiased videos on whats really going on in the market now.
This please
Go f yourself . Watch something else
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 😢
kevn stays bearish on crypto huge fail. also stocks will Oviously run until election 🇺🇸
I wa5ch the videos not the thumbnai,s
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.
Crash and Correction are two different things.
100%
a crash half way or a quarter way there would be a correction
Remember folks, fear mongering gets you more clicks and views.
Give you credit. You did predict a big market drop back in 2022. But you failed to mention that you reversed yourself shortly thereafter.
You would know if you were a paid member
It wasn't a reversal, he read the market and made the call.
Market reversed too, whts your poijt
He made an assumption, not a prediction. There's a difference.
What sells best right now is gloom & doom on RUclips. People want bucketfuls of the stuff.
*People want affordable houses. So, yes there is an odd hope for a crash.
So why was Kevin bullish the last year and a half?
would be more Honest of Kevin to track when he's been wrong too
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
Facts
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.
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.
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.
Oh Lord here we go! I’ve been holding my breath all day
Great insight! Thanks!
Kevin no one can predict a recession.
The stock market is going up while the economy is rapidly spiraling.
How long are you going to say the same shit? All for views
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.
I thought this was a George Gammon video😂
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.
Great video kevin ! Thank you
Stay Strong Kev
Great video as always
Love it. Good job bro. Margins will go up
Great thesis!
😂 that was the best into 😂.
I took half of your advice in 2022, kind of wish I took the whole advice
Predicted bank failures? Stock market crash? I don't remember
I do
That got morbid, fast. Titanic references were pretty spot on.
11:58 yup
Great info man. Makes sense as a business owner
Markus with a k checking in from coconut creek fl
24:41 summary
25:50 what to do
Buy the dip on assets😂🎉
Great explanation 👌
THE TITANIC REFERENCES - HILARIOUS BROOO DIEING OVER HERE WELL DONE
Contra-kevin has been printing this past month
Amazing video
25:06 haha yeah so to speak..
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.
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.
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
Economics is subject to the limits of the planet’s productivity.
This conversation is so last century
I love episodes like this
Bloomberg just said Friday it’s looks like No recession
Da Build Back Betta Ekonomee.
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.
💚💚💚
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.
I am selling everything tomorrow. And waiting for correction, thank you, kevin
we here
Can we get a facts check guys?
Hbar and icp
Welcome to the other side brother. Have you given energy a shot? 10% dividend players in Canada
Can someone please create a reverse PP ETF
Did u predict the ftx crash?
I came with my calendar, but I left with an understanding.
Understanding of nothing
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?
Beam me up Scotty!
Still have time on the clock.
Warning signs? Whatever. Hurry up and reset already.
It won’t. You missed it in 2020 and 2022. 😂
@@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.
The great reset is coming. Kevin said so 69 times in the last week.
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.
@00:17 Joe Biden. LMAO!! 🤣🤣🤣 👏👏👏👏👏
Kevin, good value today. I've watched your positions evolve; these adaptations are a super power.
GOLD
These video formats. I love them
Nike swish was you prediction.
You were bearish, then suddenly back to bullish and now back to bearish 👻
he has to pay for that jet
why after Qs gapped up $3.5 >_> TBF you also said crash by mid march...
Cramer = Kevin
Cramer is losing sleep tossing and turning going back & forth on TSLA 😂
More efficiency doesn't guarantee more productivity however it will help cut your expenses thus increasing profits
Making more profits with less people absolutely means increase in productivity per person.
another day........another day strait up. NOTHING NEW
Thanks Kevin! 👍
You can definitely make more money off a paper towel factory than stocks
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. 😂
I used to respect this channel
What a waste of time
I do so love Titanic
As an option seller, I would like to see more volatility.
Might want to switch it up and there’s a ton of volatility.
As an option buyer, I am also looking for it.
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
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.
It’s coming. Probably start with the banks
Cash and NVDA paid off.
and u sold Tesla before it crash to $109 ...thx
Man you used to be great. But lately it’s all doom and gloom.
Kevin, do you have to draw backwards (mirror image) in this video? If so, thats talent
No, he doesn't; the camera does that. Swapping in a dark grey jacket would improve legibility.
Drawing backwards takes practice, not talent.
The population is growing more mature. Mature people are less easily manipulated into buying useless crap.
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..
AI can only help certain businesses. There are lot of business that are people driven.
Don't bring the Titanic into this. lol
With rate cuts 3 months away, why would we pull back
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?
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.)
Ai will boost the country’s productivity per capita
You're the goat man, never forget it
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 ..
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.
Can't we trust that AI will know seconds before it happens ~
Best thing about AI is growing crops with saltwater.
Doom and Gloom
Lag effect will be the Iceberg .... normalcy bias is a killer in the markets .... ie; stonks only go up
as the iceberg grows bigger, it will eventually be impossible for fiscal policy to steer around
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
Glass black board sucks
Big agree. It’s super cheesy
What if we can reduce to a 30 hour work week?
With Ai, you will become unemployed so that’s a way of getting to the 30 hour work week
😂 we won't be able to afford anything
A.I is not LLM
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 😂
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.
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.
The quality of content in this video was next level. Produce more of this :)
I really doubt this is going to happen with the presidency up for grabs
My man you have no idea what you're talking about quit yapping this isn;t real estate
I miss the old format ;(