Deflation ‘Intensifying’, ‘Monumental Rally’ Will ‘Shock People’ | David Rosenberg

Подписаться 172 тыс.

Просмотров 123 тыс.

50% 1

David Rosenberg, Founder and President of Rosenberg Research, discusses the "intensifying" deflationary pressures mounting in the economy, and their impacts on Fed monetary policy, the treasuries market, and equities markets.
You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra months! Try it for 30 days or GET YOUR CASH BACK!
nordvpn.com/davidlin
*This video was recorded on May 30, 2024
Listen on Spotify: open.spotify.com/show/510WZMF...
Listen on Apple Podcasts: podcasters.spotify.com/pod/sh...
FOLLOW DAVID ROSENBERG:
Rosenberg Research: www.rosenbergresearch.com/
Twitter (@EconguyRosie): x.com/EconguyRosie
email: information@rosenbergresearch.com
FOLLOW DAVID LIN:
Twitter (@davidlin_TV): / davidlin_tv
TikTok (@davidlin_TV): / davidlin_tv
Instagram (@davidlin_TV): / davidlin_tv
For business inquiries, reach me at david@thedavidlinreport.com
*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 - Intro
1:05 - Rate cuts towards 0%
6:48 - Inflation vs. Deflation
14:00 - Monetary policy errors
24:10 - Treasuries
26:30 - Stock market outlook
35:00 - Labor market and wages
43:00 - Home foreclosures?
45:40 - Asset allocation
#economy #investing #inflation

Опубликовано:

22 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 763

@TheDavidLinReport 21 день назад

You’re being watched RIGHT NOW and the only way to stop it is by using a VPN. Avoid hacks and protect your privacy before it’s too late! NordVPN offers 65% Off on a 2-year plan +4 extra months! Try it for 30 days or GET YOUR CASH BACK! nordvpn.com/davidlin FOLLOW DAVID ROSENBERG: Rosenberg Research: www.rosenbergresearch.com/ Twitter (@EconguyRosie): x.com/EconguyRosie email: information@rosenbergresearch.com

@vm6971 20 дней назад

David you are being watched as we speak with or without VPN

@myeverythingworld8123 20 дней назад

They can still see everything you do waist of money

@MasterRoss-sn7dl 20 дней назад

I’m going to trust a tech company to protect my data lol

@rejectionistmanifesto8836 20 дней назад

@@MasterRoss-sn7dlI'm going to trust green nut "climate change so the world is already boiled and dead by 2000" Al Gore religion believer Rosenberg instead.

@skyoung419z 20 дней назад

If you subtract food, gas and housing, then inflation is practically zero! No problem.

@andrestrat 20 дней назад

😀

@wernermesserer4464 20 дней назад

If you make 10 Million a year, food, gas and housing are peanuts.

@sillystuff6247 20 дней назад

With the power vested in me, by the State of Confusion, I hereby award you an Honorary Doctorate in Economics from the Institute of Metaphysical Sciences

@philshyu5248 20 дней назад

You also need to subtract taxes and insurance. Those went up 10% and 20% year over year, respectively, for me anyways.

@Reutzel507 20 дней назад

So everything that you need to buy.

@Muller_Andr 17 дней назад

I’m a dividend investor, My wife and I have invested in the S&P500, both through my TSP with the government, and through fidelity in her 401-k. Cashed out 270k from the S&P and invested with a Financial adviser, Monica Mary Strigle and we also bought Solana at the right time. Until around 3 years ago we were 100% in the s&p after over 30 years. I’m retiring at the end of this month at 52, while my wife will retire next year at 50. We currently have 3.7 million in our tax deferred savings. I am putting this out there for anyone looking for how to help themselves in this time of crisis.

@megowopwop8545 11 дней назад

SO you saying Solana is a great investor haha I know you are a bot but who falls for this junk.

@frankedwardark 12 дней назад

I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

@AmithKaury 12 дней назад

Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.

@Jamesjerome0 12 дней назад

I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.

@kurtKking 12 дней назад

Inflation is over 10% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

@Jamesjerome0 12 дней назад

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with 'MICHELE KATHERINE SINGH' for the last five years or so, and her returns have been pretty much amazing.

@kurtKking 12 дней назад

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

@Gid-J 20 дней назад

This guy is all over the place.

@simrans3675 20 дней назад

Yupp

@lexwielstra7605 20 дней назад

inflation is only up on isurance according to this pleb, but commodities are up 7.6% YTD. His arguement translates to: '"if you just exclude everything from the inflation metric we have deflation"

@joaminow6943 20 дней назад

@@simrans3675 he is trying to cover his tracks from terrible market calls the last 2 years

@moneytrends5231 20 дней назад

@lexwielstra7605 which is what the govt narrative is going to be, which turns into the official narrative. They just fudge the numbers. Check out Rosenbergs interview with Gunlach

@simrans3675 20 дней назад

@@joaminow6943 True. These macro doomers man…well, markets humble us all. Hope he comes around :-)

@MichaelCali 20 дней назад

David Lin is the finest financial interviewer on RU-vid. Short pertinent questions, responds to what the guest is saying in real time, and allows us to hear the opinion of his guest without blabbering to show off his knowledge like most interviewers in this space

@user-vr7ey2zn6p 20 дней назад

100% agree, extremely impressed

@FusunTumsavas-cq7tp 17 дней назад

It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

@RossiPopa 17 дней назад

Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself

@ericmendels 17 дней назад

I agree. I've been working with a financial advisor since 2020, and I return up to 15k every month, and I don't even have to lift a finger. Although I also think the reason I make this much is because I started with significant capital.

@mohican-jx6fx 17 дней назад

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

@ericmendels 17 дней назад

Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@mohican-jx6fx 17 дней назад

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

@imnotanalien7839 20 дней назад

Who can afford a new car? People are now living in them!

@jonathantaylor6926 20 дней назад

Lol 0%? These clowns really think you can just print forever. You can’t. Inflation is in charge. We can’t have 0% rates and 4% inflation because investors don’t lend money at a loss.

@GF-hg7op 20 дней назад

You'll be soo wrong it's not even funny muhaha

@ereneren4914 20 дней назад

@@GF-hg7op For years we had rates below 1% without inflation. If you do not print massively, with current technologies and productivity gains we will be below 2%.

@jonathantaylor6926 20 дней назад

@@ereneren4914 You can also smoke a pack a day for 50 years.. its not a problem until it is.

@jonathantaylor6926 20 дней назад

@@GF-hg7op Wrong like the clowns that were projecting 6 rate cuts in 2024?

@Finestizpro 20 дней назад

@@jonathantaylor6926 then we got 50 years of more rallys woohoo! lol

@jchall12 18 дней назад

I kind of interpret many post on here as acknowledging that we're reaching a market peak, in general, which is a well-supported thesis, and so if you've been sitting back chill while the gains roll in because bull market, well, time for traders to stay sharp, many are expecting volatility, probably a sharp downturn, smart traders should check their risk management is in shape, time to pay attention. The timing of his post vs what I know about the market supports that well enough. But yeah, the post could mean anything.....managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

@jchall12 18 дней назад

Sandy Barclays program is widely available online...

@LucasToledo-bb5gm 18 дней назад

Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effectiveIy mitigating risks..

@kemalmalovcic-iy4es 18 дней назад

If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.

@nbackemeyer 18 дней назад

Sandy Barclays’s understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. Her siignals are top notch..

@oomistooo 18 дней назад

Throughout my involvement in various trading programs over the years, sifting through a wealth of information, I have yet to encounter anything that rivals the clarity, depth, and precision of Sandy insights. It's like uncovering a diamond in a coal mine.

@hughjanis6439 21 день назад

Rosey has a poor track record.

@connorferguson2269 18 дней назад

He is a bear, their markets have been spare as of late.

@Reutzel507 20 дней назад

Disinflation. There is no deflation.

@christianpowerssavesthewor8404 20 дней назад

I just paid 32 dollars for two burritos in Ohio for Christ's sake. These fools.

@genestone4951 20 дней назад

You're the one who paid...who's the fool?

@1HeatWalk 20 дней назад

You can make your own damn burrito sir.

@SunKing968 20 дней назад

Indeed. I recently took a flight to Muskat (Oman) in order to source grilled lobster for a more reasonable price@@genestone4951

@foumar5217 20 дней назад

One costs 24 in Switzerland, you‘re lucky, man!

@christianpowerssavesthewor8404 20 дней назад

@@foumar5217 false claim.

@davebellamy4867 19 дней назад

7:18 Oh, now I get it. Thanks Mr Rosenberg. The price of basically everything you need has rocketed for its own very special reason, not at all _in any way whatsoever_ related to money printing, extreme government deficit spending, etc. A few things you don't need are still in the index and maybe they're falling in price because nobody can afford to buy them any more and when you look at those things, it shows there's deflation because everybody is actually getting poorer, except for those who can buy Picasso paintings.😂

@gregorysagegreene 18 дней назад

Rosie: "Just eat it."

@gregorysagegreene 18 дней назад

@EikTuKaTu 19 дней назад

Rentals haven't been subsiding, what is he talking about? past 3 years in EU rents are up 50-100%. These people are just lying without any shame.

@galawanjiyoussefradu5505 20 дней назад

Why are the books flipped towards the camera?

@genestone4951 20 дней назад

"I have books that I've never read in order to convince you to listen to me while I try to get new clients".

@jhutfre4855 20 дней назад

@@genestone4951 😂😂

@Anamericanhomestead 20 дней назад

Prices are still going up for everyday items and shrinkflation is out of control. NO WAY they are gonna cut rates.

@AmritpalSingh-hl8tm 20 дней назад

Fed do exactly that which u think no way that can happen

@christopherf3918 20 дней назад

It’s game over.

@deevee4994 20 дней назад

Why would they cut rates, if they're already smudging the numbers to make inflation appear lower?

@gregorysagegreene 18 дней назад

Yer, they only have most of our money so far. Haven't stolen the little of it that is still left yet.

@WhyFeartheTruthNow-ih4pm 13 дней назад

You are assuming a rational FED, a rational fiscal policy.

@bonniegettingthrumyday2866 20 дней назад

Doesn’t matter- we aren’t buying anything

@hayleylewis1458 20 дней назад

Except Bitcoin!

@RichardSKLim 20 дней назад

Appreciate Mr. Rosenberg for his convictions and straight talk.

@paulmichaelssalon 21 день назад

My groceries are not deflating..

@d33763 21 день назад

The only thing deflating in the supermarket is the size and quantity.

@Cici1791 21 день назад

My rent isn't deflating either. And house prices in my area are up again, way over what was supposed to be the so-called "peak".

@danielb7253 21 день назад

lol

@sewnsew6770 20 дней назад

Groceries I am doing substitutions So replaced ribeye steak with chicken drumsticks Since I did a substitution there was no inflation That’s Bidenomics

@HateDietPepsi 20 дней назад

@@sewnsew6770 Your personal consumer expenditures, PCE, the let them eat cake index, is zero. Now if everyone switched to cake, that would drop the PCE making the Fed happy.

@georgeholloway3981 20 дней назад

When Rosenberg interviewed Gundlach about two weeks ago, why didn't he challenge Gundlach on his cyncicism about the inflation figures and the method of calculation?

@Lawliet734 20 дней назад

@george "...cyncicism [cynicism] about the inflation figures..."

@WhyFeartheTruthNow-ih4pm 13 дней назад

Probably because he doesn't disagree with him.

@SpiritintheSky. 20 дней назад

An excellent guest. Always a pleasure to listen to Mr Rosenberg's depth of knowledge.

@issenvan1050 20 дней назад

Stock markets are not about the earnings, they are about the money supply!

@michaelaiello7894 20 дней назад

What?!!!?

@user-vr7ey2zn6p 20 дней назад

they are about money supply / fomo / hysteria / mania, yes...... untill its not. the correction always comes, ALWAYS, it's ony a matter of when

@prolific1518 20 дней назад

The money supply has been shrinking while stocks go up so no. It's about government supporting the market.

@issenvan1050 20 дней назад

@@prolific1518 Monetary policy acts with long & variable lags. The insolvent government should support itself if it can, with $35 trillion in debt. How does the half-baked commie goverment support(!) the market, by buying shares, bonds, or?.. Last time I checked, they were trying to sell their debt on higher rates.

@issenvan1050 20 дней назад

@@prolific1518 Do they buy stocks or bonds?

@SteveDutton-v 2 дня назад

Inflation! Recession! Crash! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.

@tmer831 2 дня назад

Its best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.

@DavidCovington-st2id 2 дня назад

Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.

@SeanTalkoff 2 дня назад

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?

@DavidCovington-st2id 2 дня назад

My CFA ’’ Vivian Carol Gioia, 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..!

@SeanTalkoff 2 дня назад

I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

@omrit2 20 дней назад

My favorite guest. Super smart and coherent.

@friarnewborg9213 19 дней назад

YET... often wrong

@davebellamy4867 19 дней назад

I can imagine there will be a deflation when the credit system next melts down, its extent depending on how much money is or isn't printed to cover the losses of all the usual corporate and banker suspects. However, this guy is a total apologist for the current cadre of central bankers.

@lucanidae100 20 дней назад

Prices will still go up until most of us break!

@vm-bz1cd 20 дней назад

Excellent questions by David Lin

@swanson_ 21 день назад

Rosenberg has been wrong for so long now lol.

@CharlesVaughn-bm9gq 21 день назад

Yes, like Gary Shilling. He has been a bear for forty years. Meantime the S&P 500 has gone up ten X.

@husamabed6527 20 дней назад

He is not a bear, but explaining how the cycle functions, and assets price rotation. 😂

@sketterkid 20 дней назад

He's too rational

@dad242 20 дней назад

Until things pop. Then he'll look like a genius.

@Willfully_Ignorant 20 дней назад

@@husamabed6527that doesn’t take away their point on this guy being completely wrong on almost every call for almost 4 years now. Go back and watch his predictions from 3-4 years ago. He was one of these “inflation is transitory” idiots.

@davebellamy4867 19 дней назад

I think he's's confusing deflation with demand destruction in some sectors because people can't afford to buy that crap anymore because the essentials have skyrocketd in price.

@gregorysagegreene 18 дней назад

In my world, Demand Destruction comes - accelerates, and then outright massive real Deflation runs everything off the cliff. If you have a job left, only *then* will you be able to afford stuff again.

@fubarbrandon1345 20 дней назад

Great guest and interview...thanks David.

@dustindavid5094 19 дней назад

If we go back to the zero bound….lord help us all.

@issenvan1050 20 дней назад

How would commodities perform well during a recession?

@RT-rv5be 20 дней назад

Fed. Reserve lower fed funds rates and print money, dollar index decreases, and commodities rise.

@issenvan1050 20 дней назад

@@RT-rv5be First of all, lowering the funds rate & QE are different things. &, monetary policy acts w/ long & variable lags.

@smithbrady6173 20 дней назад

My two favorite Davids. Excellent interview and guest. Thanks guys!!

@Mattandahalfew 20 дней назад

"No Market For Old Fundamentalists"... love it

@thoroughsoft 20 дней назад

If you are old enough (which I seriously doubt) you would have been around for "the new economy". Turned out "the new economy" was a big, fat lie and the old, read real, economy crushed that bs.

@holaclive 20 дней назад

What about financing the deficit? They have to sell debt to pay off old debt. Eternal wars are inflationary as Martin Armstrong says

@fatfatthewaterrat5010 21 день назад

Rosey been saying this for 2 years now. Egg all over his face. Being that early is definitely wrong. You’ve made no dough listening to either of these guys.

@Adam-ey3ud 21 день назад

2? Lmao try 6

@nhantran6645 21 день назад

harry dent listened to him and now pulling a rickshaw in thailand. pad thai all day baby

@dang6684 21 день назад

When it hits it will be ugly.

@chargers9221 20 дней назад

Who setup his book shelf before this interview?

@NorthGAPrepper 20 дней назад

Certain things never go down and have no impact on the economy? What? Normal people working paycheck to paycheck, or those trying to plan for the future, might disagree.

@SHabirAhmed-mw8ob 21 день назад

I'd like to see this deflation, because I can't afford a God dam thing rn

@LarsLarsen77 21 день назад

It means you're going to get fired and also the prices stay the same.

@noelkelly4354 20 дней назад

Just like the 1930s Great Depression, good times, if you and all your family can keep their jobs/customers.

@ednorton47 21 день назад

Interest rates, like the price of bread, should be determined by the free market, NOT by a committee of college professors.

@prolific1518 20 дней назад

Lmao this is the funniest thing I'll read all day. Thanks lil buddy

@scepisle4970 20 дней назад

Rates going up.. not down..

@graemejones9707 18 дней назад

Wrong

@jrgb9945 19 дней назад

There very damn few things most of us buy that are “deflating”

@stevehalverson790 17 дней назад

Health insurance is up due to the ACA. Specifically, the ACA changed the law to prohibit limits on prescription drugs. With no limits, pharmaceutical companies were free to develop drugs that cost $50k plus per month.

@WhyFeartheTruthNow-ih4pm 13 дней назад

Great point!

@Airbender-kl7cu 20 дней назад

We're in severe economic recession here in California, it's painfully obvious now 😢

@Lawliet734 20 дней назад

@Air Do the governor and the president agree with your statement? If not, who should I believe, you or them?

@Willfully_Ignorant 20 дней назад

That’s because you have an idiot that’s dumber than our president running your state. He’s in a panic about this stupid 25$hr minimum wage law that has backfired spectacularly and that was his 20th blunder in his term.

@deborahcurtis1385 21 день назад

In this world of predictive economics 'your assumptions drive your conclusions'. He's so right. This is axiomatic. The Australian equivalent to the Fed the Reserve Bank of Australia has effectively ruled out cutting rates this year ...but it has to happen. Not just because small economies follow the bigger ones, but because decisions are often forced by changed circumstances (not predicted by the assumptions). The same body was telling people to not worry about interest rate hikes and then they came... thick and fast. Trust nobody, use your commonsense, research and consider the weight of history. They always famously say: 'this time it's different'. But you cannot shake off fundamentals in any form of analysis.

@elgrande3934 20 дней назад

One bag of groceries cost me $80 today.

@simrans3675 20 дней назад

Stop eating

@Airbender-kl7cu 20 дней назад

Eat Cake 🎉

@1HeatWalk 20 дней назад

I bought a loaf of bread, 25 ounces of chicken breast ham, 3 onions, 3 tomatoes, and pickles for $35. These sandwiches can last me a whole week. I have a casino near me. They have condiments like ketchup, mustard, relish, and mayo packets at the food court next to the all you been drink soda fountains. I like to grab a weeks worth time to time.

@MDL.720 20 дней назад

@@1HeatWalk you’re basically confirming their comment if you’re getting your condiments for free from your local casino.

@elgrande3934 20 дней назад

@@1HeatWalk what is chicken breast ham?

@michaelaiello7894 20 дней назад

David, wonderful work AS ALWAYS! I would really appreciate if you produce a consensus of your macro guests forecasts to perhaps suggest probabilty ratio of uptrend or downtrend macroeconomic tendencies. Thank you for your excellent work!!

@Ryan-uu5kj 20 дней назад

This bubble explained: -debt markets on life support, the name of the game has been and continues to be to delay price discovery on bad assets. How do you do that? Just ensure that the debt can be serviced. How do you do that? Make sure enough people with debt are getting a paycheck. Does it matter they aren't saving and have to cut back? No. It will only matter as soon as unemployment spikes which will trigger debt fire sales that coincide with foreclosures in private and commercial debt. The market also has obscene about of leverage in it, indicated by the velocity and height of the market. As he says, S&P eps has still not reached the 2021 high (adjusted for inflation) yet we find ourselves currently priced 20-25% above the close at the beginning on 2022. Leverage unwinding during distressed times leaves giant liquidity concerns and correlates with large volatility spikes. You thought 2022 deleveraging was rough, wait till you see what happens when the last Jenga piece, employment, goes in this market with the leverage and risk appetite we have now. The unemployment market never went in 2022. The narrative will change fast and the boomers will display once again that it was not different this time.

@rd9102 16 дней назад

Always like interviews with David Rosenberg. He always brings well thought out positions and a full ability to get them across so that you can follow the logic, even when he is wrong. That he admits when he is wrong is very high in my book for credibility.

@soo0717 20 дней назад

Mr. Rosenberg is just pure class.

@jamescorcoran5861 19 дней назад

classy but wrong

@issenvan1050 20 дней назад

If nothing breaks, why to cut rates like by 50%?

@deevee4994 20 дней назад

Why would they cut rates, if they're already smudging the numbers to make inflation appear lower?

@artemishumaan6984 20 дней назад

It is unfortunate that price will not be coming down for key goods and services which means the next gen are really screwed as they have digressed significantly in terms of years to recover in wages relative to current prices that will continue to rise a the normal rate going forward. Also, all the finance people are lying about 2% inflation over 30 years because it was actually 7% if you compare goods, services and buying power of wages over that period.

@aloisbueycot1637 20 дней назад

Great job you did for us individual investors!!!!

@robertasaunders9254 20 дней назад

He is the BEST!

@zelareka 20 дней назад

where is the ‘Monumental Rally’ part? I cannot find it 😿

@marshall2.015 20 дней назад

44:12 He's saying you won't be foreclosed on if you have equity in your house? How does that work?

@Halfpenster 2 дня назад

Housing inventory levels are rising. There is inventory now. David talks about how he reviews supply to determine deflation. I am surprised that he doesn't know about housing inventory dramtically rising. Other than that, I agree with most of his points.

@tonyl7142 20 дней назад

The proverbial broken clock, only that, some are right once every 20Y.

@AI-art-makers 20 дней назад

We're not even thinking about thinking about raising rates... Then the fastest rate increases in history happened after

@sandrocollazos2760 20 дней назад

I believe peter shift said that!

@gregorysagegreene 18 дней назад

Confidence trick, gotcha'!

@Jack2200 19 дней назад

With 0% borrowing the housing market is going to explode again and so will the rents. But don't worry as you'll be able to go to the bank and borrow money at 0% to pay for rent, right? Is this the point: you'll own nothing (ever) and be happy? This was the darkest economic prediction yet.

@Gilmore-ho8rz 21 день назад

Lately i got interested in crypto but has no idea how to go about it. Can anyone Help with a reliable tra-der?

@YankeefJone 21 день назад

I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached

@YankeefJone 21 день назад

Evelyn Turner is the professional that guides me and her optimal returns are really impressive

@Sofia32872 21 день назад

Yeah, I believe investing with a professional is the optimal approach, as it mitigates the risk of significant losses. Did you genuinely know her? I was under the impression that I was the sole beneficiary of her guidance through the challenges of trading.

@brunofloyd8124 21 день назад

Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

@Colefecy-fu6ty 21 день назад

Goodness gracious I'm so excited seeing Ms. Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a RU-vid referral like this

@MJackB 19 дней назад

Nonsense. Demographics rule. Rates aren't coming down because they already can't sell their bonds. We're losing 1/3 of the work force to retirement so there's no one to lay off. Been saying the same thing for years

@issenvan1050 20 дней назад

What is convexity, David?

@bartvanderploeg5602 20 дней назад

That's funny, "You don't buy for the interest, you buy for capital appreciation of bonds" did we all forgot who you finance with T-Bills 😂

@nfisher6502 20 дней назад

In the real world rend and paying a mortgage is your main expense so it’s entirely reasonable to be Center stage in the CPI calculations.

@johncampbell191 10 дней назад

What happen to the price of gold during deflation ?

@steveholloway7565 20 дней назад

I had to double-check the date on this, as he was saying the same thing this time last year. Eventually he might be right. Eventually. Or not

@Fastapproaching 21 день назад

That's what got us in this mess 0% rates are a joke, it helps banks, indebted companies and people who will die in debt

@DexterHaven 21 день назад

Let's not forget the biggest beneficiary of 0%: THE reckless GOVERNMENT. Borrowing at no interest expense.

@graceamsterdam5404 17 дней назад

🙏🏼 thank you gentlemen. Isnt it peculiar that the moment the G7 decide to lower rates, some ‘majority’ of FED spokespeople annoynced that the FED would cut in september, probably two cuts in 2024. Still no correlations between what the ‘other central banks’ do and the FED? No, no coincidences here. Hegemony of the usd, that is the goal.

@BrewerVera 9 дней назад

The average stock in my portfolio has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this market?

@FaithAndrada-xo9ou 9 дней назад

It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.

@Raymondcraw1967RaymondCrawley 9 дней назад

I agree, having a financial - advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

@VanessaWilliams-pu8vt 9 дней назад

Impressive can you share more info?

@Raymondcraw1967RaymondCrawley 9 дней назад

*Whitney Kay Stacy* maintains an online presence. Just make a simple search for her name online.

@VanessaWilliams-pu8vt 9 дней назад

She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing.

@JC-cf4rs 20 дней назад

“Flexible” CPI? Like when you take out all the things that all people need every day? 😂

@bdek68 20 дней назад

I agree with Rosy on most things but I don’t agree with the disinflation on food and housing which last time I checked is pretty important

@100perdido 20 дней назад

I'm shocked.

@simoncabral1004 20 дней назад

Great guest

@vm-bz1cd 20 дней назад

Rosenberg is strong when he is talking about Bonds! not so when commenting on Equities!

@truthseeker9701 20 дней назад

Auto insurance is up 30%-40% in California because the politicians told the insurance companies they can’t raise the rates on us working people to whatever they like as long as they don’t leave California!

@careymeaway2024 20 дней назад

the great taking

@mlangbert 20 дней назад

Saying that rising health care, education, and government costs are not related to Fed policy or "the economy" is false. These costs go up because of government subsidization and regulation. They would not go up without Fed policy, i.e., monetary expansion, or if they did they would cause other costs to fall. We'll know that there is deflation when real wages rise faster than real stock prices. We'll also know it when the "FOMO" stock market multiples contract. and disappear. He admits that the stock market is in a bubble, which is only possible becuase of Fed expansion. That the bubble has continued means either that the money created during the pandemic has further to go before it is used up, or the Fed is lying by creating monety thorugh reduced QT or QE while it claims to raise rates.

@bobbobertson7568 20 дней назад

Anyone who mentions "commodity super cycle" is not a serious person. It's not useful investing advice, because interspersed in this "super cycle" are huge down turns, how you feel about your theoretical 2X return if oil or copper drop 60% in the meantime? And if you're going to tell me it's a "10-30 year" play, yeah good luck with that. Good luck predicting what's going to happen 6 months out much less 30 years. As recent as 2 years ago we were declaring ICE engines DOA.

@benjaques3040 21 день назад

He is pretty much aligned with Danielle De Martino Booth. Another one that talks absolute sense 👏

@kealgu 21 день назад

Both have been wrong for over 2 years. David was long, long dated treasuries a year ago, which would have crushed your portfolio if you had listened to him. Sure, he makes sense, but he does not take into consideration that there is a lot of liquidity in the system. Inflationary forces are still greater than deflationary forces at his point. Does he think insurance costs are going down? Does he trust the US politicians to do the right thing???

@TexasRiverRat31254 21 день назад

@@kealgu No, if you were listening he said insurance costs/rates are increasing... that is going up. Politicians lie to keep their position.

@kealgu 21 день назад

@TexasRiverRat31254 Yes, I did not listen. I have heard him speak for years now, and he has been wrong. In fact, despite being wrong for > one year, when he said we were already in a recession and doubled down by scolding the people who did not agree with his hard landing thesis.

@ryanmarosy2940 21 день назад

I don’t think he understands that the inflation and debt must continue or the system crashes. I believe it’s self evident that this debt is incurred from the war machine…

@DexterHaven 21 день назад

@@steveletro4252 Danielle keeps me abreast of the latest Fed thinking.

@silvertad3833 20 дней назад

Never trust this guy, proven misleader

@JC-cf4rs 20 дней назад

Cutting prices? Disinflation? Thats dis-gouging… they could have dropped these prices years ago.

@drorbenami4827 20 дней назад

Yes they do....rents go down sometimes.....

@KevinB-pd3me 20 дней назад

Zero chance of zero% rates, not with our deficit driven bond yields and sticky inflation.

@graemejones9707 18 дней назад

That's exactly WHY they will be zero, debt has to be refinanced

@Gabber44906 День назад

How can they drop rates to 0 if inflation is so high?

@geraldthomas9281 20 дней назад

Take away pension how many people invest in stocks and shares. Most people are just paying the bills for day to day living. My very very little understanding of the stock market is people gambling on how low or high the market can go in an hour or day.

@husamabed6527 20 дней назад

Thank you, David, for bringing David on board.

@michaelaiello7894 20 дней назад

If your gut has you concerned about the stock market levels,then David Rosenberg IS the person to pay attention to about market trends over next 24 months. Treasury bonds, utilities, telecom, commodities are the sectors to utilize as interest rates decline. Are you positioned ahead of the moves?

@Susanhartman. 17 дней назад

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

@91ScottieP 17 дней назад

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

@mariaguerrero08 17 дней назад

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

@ThomasChai05 17 дней назад

@@mariaguerrero08Could you possibly recommend a CFA you've consulted with?

@mariaguerrero08 17 дней назад

My CFA ’Gertrude Margaret Quinto’ , 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.

@mikegarvey17 17 дней назад

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

@Gabber44906 20 дней назад

Then what. What should we do with our money?

@stefaniamoore4641 12 дней назад

Savings are low because there are no savings to be had. Even when consumers make an effort to cut out unnecessary spending, inflation and wages are in such a way that there is nothing being saved.

@issenvan1050 20 дней назад

Rates rates rates… How about the money supply?

@issenvan1050 20 дней назад

What is “the cyclical CPI?”

@jasonn5196 11 дней назад

Doesn’t make sense to move the market up if there won’t be retail to sell into.

@DexterHaven 20 дней назад

The whole Fed should watch this.

@alainmercier-eq9cc 18 дней назад

great interview , thanks

@issenvan1050 20 дней назад

Finally, David gets the direction of the things right! 👏🏻

@AnthonyGiallourakis 20 дней назад

Your guest is missing one key point about the bond market, supply. He's focused on the hope for increasing demand, based on this theory of either a slowing economy or falling prices, or both. What he's failing to realize is that with the borrowing needs of the U.S. Treasury so great, supply will continue to hold note and bond yields up. The recession (theory) may happen, but with that will come a weakening of tax receipts, which in turn will increase borrowing needs, and therefore the supply of notes and bonds. The bond market is a trap now, and there is no easy way out. I would rather own gem mint Pokemon cards than the TLT for the next twelve months.