Economic Insights: Ed Hyman's Annual Forecast [2024]
HTML-код
- Опубликовано: 16 июн 2024
- Annually, the anticipation for economist Ed Hyman's insights peaks as he's consistently ranked Wall Street's top economist for 43 years. Last year, he tracked the Federal Reserve's tightening policies, predicting a slowdown in inflation and warning of a potential recession if credit conditions tightened further.
#investingstrategy #inflation #recession
WEALTHTRACK episode 2024 broadcast on December 08, 2023
00:00 Hello
00:50 Introduction
02:40 Interview with Ed Hyman
22:05 One Investment
24:00 Action Point
More Info: wealthtrack.com/wall-streets-...
Bookshelf: Leadership: Six Studies in World Strategy
amzn.to/48cxEsZ
Always a delight. Two of my favorite people chatting.
Enjoyed your show for years great guests Ed is the best
Thank you for bringing on Ed again
Ed Hyman is a national treasure to investors, Happy Holidays to your program and Ed Hyman.
Fine show. Predicting the future isn't easy. I'm on the optimistic side. Advances in AI should lead to productivity boosts and higher GDP at lower costs.
Thanks!
been listening to you I don't know too long since nightly business news on pbs anyways love all you have done for us
very logical person.
"The New York Fed's quarterly Household Debt and Credit Survey (HHDC) shows that total consumer debt stands at $17.29 trillion as of the third quarter of 2023. That's a record high." A breaking point? Rates on consumer debt?
"It's lovely to know when there's recession. I don't remember anybody predicting 1982 we're going to have 14 percent inflation, 12 percent unemployment, a 20 percent prime rate, you know, the worst recession since the Depression. I don't remember any of that being predicted. It just happened. It was there. It was ugly. And I don't remember anybody telling me about it. So I don't worry about any of that stuff. I've always said if you spend 13 minutes a year on economics, you've wasted 10 minutes."
~ Peter Lynch
Interest rates aren't lowering inflation as much as supply chain correcting itself after covid.
I think there may be some truth to this
So, BlackRock are right about the AI mega force? Tfw didn't buy Nvidia at $200.
Rents are slowing ...where ? in Kentucky or Tyroneville?
What is the WealthTrack theme music?
Consuelo playing skin flute
Two errors in the first five minutes! First, CPI-U was 3.2 at the end of October, but the Fed doesn't _prefer_ that measure... it focuses on CPE, and that's at 3.5% YoY -- but PCE hasn't moved all that much lately, and at it's current pace will take a *while* to get to 2%. Second, it's "base" effect, not "basis" effect... words matter. Can't see myself staying subscribed.
Consuelo can't wait for this interview to end. Don't worry, were all dying. 😢
If you visit Australia make sure you get a haircut first as our Reserve Bank Boss says haircuts and visits to the dentist are causing a spike in inflation - Not Joking, lol.
"The economy is in good shape by every measure including housing"! Somehow I find that hard to believe! 😐
Wow for 9 days we have bull market. Ed called it
The bubble exists when no one sees it Ed Hyman take note.
👍👍🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️✌️👏👏👏
“The economy is in good shape.. the consumer has a lot of cash.!!” and he is a leading economist.. bye bye..!!
It took time for money printing to fire up inflation. The opposite should also be true.
Fell asleep
Sorry, but I gotta disagree with Ed here. There's NO WAY we're seeing SIX interest rate cuts next year. I think we'll probably only see 2 cuts of 25 basis points and that won't be until late 3rd or early 4th quarter next year. I think he's getting a bit long in the tooth here. Sorry, but from now on I think I'll be taking what he says with quite a few grains of salt.
😂😂
Being an economist for central bank cartel is not a Rosie spot to be in.
Its hard to understand this man - rents coming down is not good news- what did he says, its not good news for what? Farms
If Ed is the best , the entire field is a joke
😂
We isn't the best and the entire field is still a joke
Warren Buffett couldn't figure out what economists do
Better than Dave Rosenberg
Who said he was the best?
Would like to get input from one of your experts on how the millions of illegals that invaded our Country will impact the economy ?
They might help with service price deflation, assuming they have an incentive to work.
may increase "shrinkage" in retail space and fentanyl deaths
Fun fact is they're not illegals when CBP lets them in
Happy Holidays 🕎☺️👑🌏🌎🌍💚@undwallace
Thanks!