Investors should brace for hard landing, economic forecaster Lakshman Achuthan suggests

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  • Опубликовано: 28 мар 2023
  • Lakshman Achuthan, Economic Cycle Research Institute, joins 'Fast Money' to discuss an ominous trend. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Комментарии • 52

  • @KingDavid-jj7tk
    @KingDavid-jj7tk Год назад +120

    The manipulation of the markets is unbelievable , In spite of how everyone is frightened and calling the crash, there is already an excessive amount of demand waiting to absorb it, which is another reason it's less likely to happen that way. This forecast was not made in 2008, at least not by the general public, as I will explain below. The ownership rate peaked in 2004, according to the other comment. We reached a peak in the second quarter of 2020 and are currently at the median level. From 2008 to 2012, it fell by 3%, and in the second quarter of 2020, it dropped from 68 to 65

    • @tdiler12
      @tdiler12 Год назад

      I agree have never heard of so many calling for a recession, new lows etc..
      it just
      “might” not happen at all.
      People are spending all around me all the F*n time
      planes are full
      restaurants are full
      malls are full…

  • @roseroland1998
    @roseroland1998 Год назад +142

    I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job . All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.

    • @lisaollie4594
      @lisaollie4594 Год назад +3

      @Lloyd Bernard I completely agree; I'm 60 and recently retired with roughly 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds compared to my portfolio balance over the last three years. To be honest, the role of the invt-advisor can only be ignored, not denied. So do your homework to choose a reliable one.

    • @louisairvin3052
      @louisairvin3052 Год назад

      @@lisaollie4594 well a million in profit is a nice milestone, how can i reachout to this advisor of yours?

    • @lisaollie4594
      @lisaollie4594 Год назад +6

      @@louisairvin3052 Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "LISA ELLEN SHAW" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

    • @louisairvin3052
      @louisairvin3052 Год назад +1

      @@lisaollie4594 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

    • @bryanbrian1234
      @bryanbrian1234 Год назад +1

      Hi this Jim Cramer and I just want you to know I'm here for you, and if u invest with me I will make you a billionaire in a week.

  • @cozyslor
    @cozyslor Год назад +7

    This guy was so eloquent in describing that he knows about as much or as little as an other pundit (or you and me). Nice sweater. Is that color called "St. Joseph's baby Aspirin"?

    • @KC-ku5sp
      @KC-ku5sp Год назад

      This guy paid money to be on CNBC to talk about his useless chart. Who here will reach out to his firm?

  • @trazzpalmer3199
    @trazzpalmer3199 Год назад +91

    We experienced the pinnacle of our era, but it is now gone. Like what happened to Rome, the corrupt administration will bring this nation to an end. My condolences go out to anyone who is close to retiring and may be worried about whether their pension will be enough to pay the rising cost of living. Insane fiscal policy, poor regulatory policy, poor energy policy, and poor foreign policy

    • @hannahdonald9071
      @hannahdonald9071 Год назад +1

      Increased losses for portfolios are anticipated this quarter as a result of market drops, skyrocketing inflation, a large rise in interest rates by the Fed, and rising Treasury yields. Only a good FA will be enough to guide you through the current market volatility.

    • @graceocean8323
      @graceocean8323 Год назад

      @@hannahdonald9071 I've been speaking with a coach named Maria Juliana Ramirez for a while now, primarily because I don't have the necessary expertise or stamina to handle these recurrent market conditions. The fact that I made over $220K during this downturn proved that there is more to the market than the typical person is aware of. The greatest course of action right now is to have an investing consultant, especially for people who are nearing retirement.

    • @mcginnnavraj4201
      @mcginnnavraj4201 Год назад

      @@graceocean8323 we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

    • @graceocean8323
      @graceocean8323 Год назад

      @@mcginnnavraj4201 My Financial Advisor is MARIA JULIANA RAMIREZ. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven’t regretted doing so

    • @zoeytank2921
      @zoeytank2921 Год назад

      I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I plan to call her after doing a quick internet search for her.

  • @Empty7able
    @Empty7able Год назад +3

    I watched this live, and after this segment, I had no idea what the guy was talking about.
    He smiled a lot and said absolutely nothing.

  • @hymansahak181
    @hymansahak181 Год назад

    Hard to understand how and why he is conclusive on a “hard landing”?

  • @shahinir
    @shahinir Год назад +1

    this guy has been predicting an eminent recession for the last 15 years

  • @erichvonmolder9310
    @erichvonmolder9310 Год назад

    It appears we are in a range, so if you are a regular investor (no fancy stuff), you may go no place at least for now. You wait it out and hold.

  • @johnchieze530
    @johnchieze530 Год назад +1

    i'm sticking to my guns. the hard landing yet to come happens with the looming debt ceiling crisis, the current worries over bank solvency will soon disappear entirely. until may and june rolls around, investors will continue disrespecting the congressional spending standoff to come and see luke warm returns on precious metals and buy stocks like it's the roaring 20's. good luck

  • @radar0412
    @radar0412 Год назад +2

    J. Powell has outflanked Michael Burry and Jeremy Grantham. I'm pretty sure he can handle this guy too. 😂😂

  • @danieltan9034
    @danieltan9034 Год назад

    Achutan of ECRI? Hes been forecasting multiple hard landings since 2008 didnt he? :)

  • @lambertois11
    @lambertois11 Год назад +1

    Very interesting and eye opening presentation !

  • @DwainShannon
    @DwainShannon Год назад +3

    Look, the government never have our best interest at heart, they don't care about finding solutions. We are left to be innovative and take care of ourselves. I love Bitcoin and investments, but some periods are the worst times to invest if one is not experienced and also, so many people do not backup their cryptocurrency assets. More attention and emphasis should be put into day trading and forex because it is less affected by the unpredictable nature of the market. I'm grateful because it's difficult for most people to discover profitable websites and platforms. I could not imagine being in crypto and only having Bitcoin. Real money is made in Altcoins, Bitcoin is a backup asset.

    • @EnthusiasticAsian
      @EnthusiasticAsian Год назад

      Everyone needs to find their favorite exchange that makes it simple for them to trade and make profit. It is imperative to note that cryptocurrency is not risky, rather it is a weapon for democracy and financial stability. Long term price doesn’t really matter to me. I’ll always prefer short term and huge refund. For me, it is Reval enterprise, it's a lucky platform. Their signals in the website are always for quick pumps. Get in, get out for profit.

    • @CurtisJustin0
      @CurtisJustin0 Год назад

      I am one of the members of reval platform and also Quantum Metal, the best product in QM is GAEX10, profit based on the increase in the price of gold. Only buy and wait for the graph to rise a little then you can claim premium physical gold, even the smallest gram is fine. I Learnt this from the tutor reval platform. I'll be looking forward to your review.

  • @jDaniel5721
    @jDaniel5721 Год назад

    The entirety of 2022 was a HARD LANDING in slow motion 🦥

    • @shaneliaw5620
      @shaneliaw5620 Год назад +1

      So how many back to back years of hard landing do you think you can have😂

  • @Scoot7827
    @Scoot7827 Год назад

    I don't have anything to contribute
    or lose anymore.
    😢

  • @tobiasrenlund1643
    @tobiasrenlund1643 Год назад

    RUclips please fix these bot scam comments on all finance videos.. I think your services in this case is shameful

  • @khc8800
    @khc8800 Год назад +3

    He provides no value with his subjective opinions. Duhh. Unable to get his point across whatever the F that is. Yeah tell me about your chart. That’s the S&P 500. 😂

  • @poTyoB
    @poTyoB Год назад

    Oooooh

  • @WiCapitalco
    @WiCapitalco Год назад +1

    Sell those puts 🤣💰💰💰

  • @willthethrill8661
    @willthethrill8661 Год назад

    meanwhile market is booming. Do you think that institutions are pushing for "hard landing" because they have all of their money in treasuries and they dont want retail investors to hit the upswing?

  • @footballstoreuk4557
    @footballstoreuk4557 Год назад +1

    This guy is another Kamala word salad.

  • @timob12
    @timob12 Год назад

    Economic forecasts in 2023 crack me up, the market is impossible to predict since fundamentals and earnings no longer drive SP. Market is now entirely dependent on FED speak and Interest rates. It isn't rocket science, you buy stocks now when FED begins to pivot and lower rates until then stay in cash or get 5% bonds.

  • @getwithitconna
    @getwithitconna Год назад

    I see a downside VERY soon

  • @skyjumper8652
    @skyjumper8652 Год назад

    Bullish

  • @WalayatFamily
    @WalayatFamily Год назад +1

    CLOWNS ON THE CARTOON NETWORK

  • @shaneliaw5620
    @shaneliaw5620 Год назад

    Lol keep on FUD-Ing as we continue to enter a bull market haha😂