The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $465k worth of stocks?
Even though there will probably be more pain in the future, investors should look for stocks like Royal Philips NV and Alstom SA that have been sufficiently battered down to be a bargain or get a great portfolio manager.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
How are we going to achieve all that given that the market has being a mess most of the year seems farfetched. I keep hearing that the market is pricing in a 60% probability of a 75 hike. But isn’t it also pricing in a dovish fed that’s going to pívot relatively quickly?
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.
Navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position
No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, though this could take another year.
My CFA ’Rachel Sarah Parrish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?
Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
How can I participate in this? I aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jessica Lee Horst’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
"Cpi product substitution" says that you're supposed to buy a lesser quality product if the previous ones increased in price. You can't just buy the same things you bought 3 years ago, you should be spending more money to buy lesser products. Seriously. Ai definition: "Product substitution is a crucial aspect of the Consumer Price Index (CPI) methodology, aiming to accurately capture changes in consumer behavior in response to price changes... In response to price shocks, consumers may substitute one product for another. CPI’s product substitution mechanism aims to capture these changes..."
Right. People on X and on Fox News are saying it’s at 21.1% I think Patrick Bet David did a podcast a couple months back and talked about how 46 and his administration changed how it’s measured to make it not look as bad.
@@cf2851 and that's why we have certain companies lowering prices from their peak, like walmart's pop was 169 at one point, now the price decrease, of 19c with select 50c off. pop might not be on the menue, but like coke is almost 100% and pepsi is like 50-70% it's up about 40-50% for all CHEAP products.
Don’t expect a soft landing. We know inflation still far from its 2% destination - the FOMC didn’t raise rates now, we can never fortell their moves these days
I agree It’s always good to have a balanced fin-plan. I work with a professional planner multi mrkt and fixed-income strategist in NY. the fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
You’re a gem Peter. Im 24 years old and you’re opening my eyes to what America is supposed to be as a free nation of capitalism. Im wondering if there are any other sources of information you can guide me to that speak a similar truth to yourself. Thanks Peter.
Follow Mises Institute. Study writing of various libertarians over last 70 years, including Ron Paul and Peter's late genius father irwin. Also check out Alan dershowitz (civil libertarian) and Mark levin (constitutional conservative). You can spend the next decade on this study.
Gerald Celente (Trends Journal) , the #1 trend forecaster in the world, and a real American patriot for peace (RU-vid), Judge Napolitano expert on the constitutional, law and Liberty(RU-vid), and My favorite David Knight, uncompromising morals and character, he is the best for all the real news(Rumble).
Trump literally hired neoconservatives and the deep state ie Pompeo the former CIA director running the state department. If that isn't a slap in the face I don't know what is. Trump drained the swamp and found is cabinet and allegedly RFKJR at the bottom. And I say that with full confidence that I won't Harris either.
@@mbrechenser2 "It's been around 12 years" how long do you think Lehman Brothers were around for? 12 years isn't even half the time I've been alive, you thinking 12 years is a long period of time, reflects your age
Have you lost your mind? Have you seen the Bitcoin price today compared to when Peter first recommended to stay away from it? Peter is a joke now because of that terrible call.
Peter is one of the most comedian economist I ever encounter. It's fun to watch and learn with you Professor. Lord Jesus Christ bless you and the family.
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@@MartyMcflyist True, but he probably paid into that ponzy scheme his entire life, so he's entitled to something. Can you imagine paying 15% on your earnings for 50 years and in the end get nothing in return?
@@usntheboy1 Better getting ripped off paying 30% premiums for holding something of tangible value, than getting ripped off 60k for a hash. aa76e524d2bf8bd65b2ba919bb87f6b5 339b4a04867ed197af9b13682f6ca0fc f49bc35302d64d68addd5922b5c2f75d 542557b5380833759601bfaca8928095 cd4aec42a4caf0f35400c144e83823b5 f0057787e17531ebfc3cdde68b31faf2 b42ce2d91b60501b27addbc3a33e5d8f d3485535dc84c00f49f0dd60cf60b9ea 596d6ed51774ee186129df67af3f745f 862fd40c6e65e8c5a1b32719574c5a37
We have a lot of questions! Could the rate cut result in inflation? I'm concerned about my $1 million stock portfolio potentially losing value. What strategies should I consider for my portfolio at this moment?
Consult a financial advisor for Rebalancing, Risk Assessment, and ensure that your portfolio is well-diversified across different asset classes (stocks, bonds, real estate.
@@LindsayHoran True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.
@@Oliviathe17th Victoria Louisa Saylor is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
US national debt hit $35 trillion four weeks ago. Since then, the pile of debt has grown by $250 billion. That is about as big as the annual budget for the Department of Education. We are going to crash no matter what at this point. The other interesting thing I read was about the role of the dollar in international transactions. The use of dollar in trade is actually shrinking quite fast. Dollar is now used in financial transactions more than anything. It is the global casino.
$USD in full collapse this week and Powell gave a speech saying inflation was under control lol. Peter - I was thinking about you the whole time b/c it was so surreal the disconnect from reality.. And then CNBC spent all day talking about how great the speech was.. It was just North Korea level gaslighting
The only disconnect from reality is with voters. If you vote R or D you are a UniParty voting moron. The elites are just riding the "Fuck the taxpayer" train as long as possible.
just remember every person that works in govt , local state federal will push to raise taxes to fund their jobs, the citizen gets poorer the govt gets richer
The super rich also like tax increases that brings more government spending that = more money for the ultra rich. Without all that debt 35 trillion dollars I predict there would not be as many billionaires as there are now. Warren Buffett begs for higher taxes,why ? Because he knows money trickles up not down. 😂
"Once you get rid of the Government's clubs, then they can't hit anybody with them" That is one profound statement Pete. Get it made into a T-shirt design, they'll be your next gold-mine!!
@@ashfield1425 Well, it's actually small business that do the most tax "evasion". The big businesses don't do tax evasion, they have tax attorneys and accountants directing them on how to "avoid" taxes. So, technically the small business would be the priority.
Great video but the live version was better. The power outage was fantastic and we saw a cool version of Peter Schiff, a real human, one that we can all identify with.
Peter, why did you remove the power outage it was so funny! I was going to show that clip to my son who works with UPS- uninterrupted power supplies and I couldn’t find it😢
@peterschiff listening here in the UK and it strikes me the Bank of England is in lockstep with the Fed. Our new Labour government is giving all public sector workers a huge pay rise yet our budget deficit just continues to grow. I’d be interested in your view on the GBP and inflation here in the UK given Andrew Bailey the Governor of the Bank of England is saying we have beaten inflation and will continue to cut rates further?
He is to a degree, but he wouldn’t be allowed on RU-vid if he didn’t hold back on who is really running the show. Everyone you see on RU-vid even the most staunch conservatives or Austrian Economists or libertarians have all passed the “elite safety test” which means their degree of truth exposure isn’t dangerous enough to expose “them” at a genuinely threatening level. But he’s good for what he is. I don’t blame him, he’s trying to avoid being banned
I must commend Peter. He’s proven me wrong in a few areas. I agreed with him on much of what he said, but I didn’t think the US dollar would weaken. He was right. I was wrong. In fact, he’s been very accurate in his previous analysis.
They haven't even reached their stated goal of 2% CPI and are already turning around and lowering rates. Meanwhile when CPI was 1.9% and rising, they said they had to overshoot and keep rates low to overcompensate for years of under 2%. No overcompensation now. And this is with the manipulated number. True inflation is much higher than 3%.
If they cut social security, then they'll also have to cut federal taxes altogether (virtually - or at least to ALMOST zero) because you can't take what people will need for their retirements (which seems to be a *_foreign_* concept at this point). People would need to pass on property to their kids *_without more taxes._* QE, money "printing," whatever you call it, shouldn't exist and neither should federal income taxes.
I agree. The founding fathers had taxes at like 2%. If 45 wins in November and start drilling for oil like he said he would we might have our cake and eat it too.
Peter- What do you think of the prediction I have heard from a couple advisors that gold will go to 2700 pretty soon and then go down to the low 2000's during the everything crash and then go up big after that?
Hi Peter-Love listening to you 👌 Social security concerns me for the boomers without wealth. I’m going to turn 62 in year. I’m financially sound, no debt. Should I take my social security at 62? Thank you in advance, Joe
Unfortunately Trump isn’t pledging to reduce spending, balance the budget, or auditing the Pentagon and Fed. Elon correctly explained in his X interview what inflation actually is , and Trumps answer is to drill, that’s it. Lower energy prices will help but it’s the expansion of the money supply that’s the inflation problem.
Peter, I noticed a number of audio glitches on the podcast version you published. It was so bad that I switched here to the youtube version instead. You may have done something different in your workflow, which you will need to remedy going forward.
Me too. Couldn’t listen to it. Lots of clipping and skips. Just very choppy. Hard to explain. Much worse when you try to listen to it at an accelerated speed
@pauleverman6947 i will try AGAIN since my comment was eliminated be we knownl who!>>> A 1.5T cut equals a MINUS 5.3 GDP move!! It will never happen on purpose
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sonia
Peter only mentions it if it suits his narrative (he mentioned it last weekend, when the rise percentage was the opposite between gold and bitcoin). Same way he rages against debt when it’s a democrat in the White House, but when it was Trump running up huge deficits, that was not a problem.
Peter's troll of the DNC 2012 is the best video on RU-vid. Any time I need a chuckle I watch that video. Also the one where Peter is a stand up comic. "Peter Stiff" 🙂
Excellent messages always I do think it's disingenuous to say I don't agree with RFK Jr on several issues and then not even named one, What specifically do you disagree with and why?
Read the constitution and watch " the creature from jekyll island" only congress can coin money. A central bank is ILLEGAL in the United States. 1913 was a coup. Theres no sense in listening if you dont know,the basics.
Such a great communicator, always fun to listen to. Here is my challenge yo Peter, “what is the source of the disintegration? “ I would put forth the underlying issue is the failure of government to apply the anti-combines act and break big compaines into many small pieces leveraging the genius of the US entrepreneur and economy and system. Secondly unleash the US inventor by repealing “American Invents” imposed by Obama which destroyed the US entrepreneur and inventor.
Has anyone noticed lower prices to any product? There is no reason for inflation to "get back", it is just a roller-coaster ride towards hyperinflation!
Peter. I might be incorrect but I read layoffs on high paying jobs and increases in new hires on low paying jobs. Result being net job increases. Misleading!
Wrong, Peter - the revisions were not all DOWN. Apparently you missed it, but they revised the number of government jobs that were added UP!!! Absolutely infuriating..
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $820K.
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.
‘’Marisa Breton Dollard’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
Unsure what we should do. We pay our mortgage/bills and can barely afford anything outside of essentials. We are a one income family with very little savings.
